RNS Number:1248O
Colt Telecom Group PLC
30 July 2003



                          Notification of interests of

                        Directors and connected Persons




1. Name of Company

COLT Telecom Group plc

2.  Name of Director

Paul William Chisholm

3.  Please state whether notification indicates that it is in respect of holding
of the director named in 2 above or holding of that persons spouse or children
under the age of 18 or in respect of a non-beneficial interest

Notification is in respect of director

4.  Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)

Paul William Chisholm

5.  Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)

N/A

6.  Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co. PEP and if discretionary / non-discretionary

Sale of Shares

7.  Number of shares / amount of stock acquired

N/A

8.  Percentage of issued class

N/A

9.  Number of shares / amount of stock disposed

500,000 ordinary shares

10.  Percentage of issued class

Less than 1%

11.  Class of security

Ordinary 2.5p

12.  Price per share

#0.8225p

13.  Date of transaction

29 July 2003

14.  Date Company informed

30 July 2003

15.  Total holding following this notification

4,170,582

16.  Total percentage holding of issued class following this notification

Less than 1%

If a director has been granted options by the company please complete the
following

17.  Date of grant

N/A

18.  Period during which or date on which exercisable

N/A

19.  Total amount paid (if any) for grant of the option

N/A

20.  Description of shares or debentures involved: class, number

N/A

21.  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise

N/A

22.  Total number of shares or debentures over which options held following this
notification

N/A

23.  Any additional information

Mr.Chisholm also holds options over 5,500,000 share options.


24.  Name of contact and telephone number for queries

John Doherty: 0171 390 3681

25.  Name and signature of authorised company official responsible for making
this notification





Mark A. Jenkins
Company Secretary
Date of Notification: 30 July 2003


London Stock Exchange
Company Announcements Office
Old Broad Street
London
EC2N 1HP

Facsimile: 0171 588 6057
Enquiries: Continuing Obligations: Telephone: 0171 797 3850




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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