Director Shareholding

Director Shareholding 

    LONDON--(BUSINESS WIRE)--April 17, 2003--

Next Fifteen Communications Group plc (the "Company"')

Surrender of Share Options on 17 April 2003 Ordinary shares of
2.5p each

David Dewhurst, a Director of the Company has unconditionally for no
consideration surrendered 110,000 Options over the Company's shares,
which were granted on 21 November 2000 at an Option Price of 215 pence
per share pursuant to the Rules of the Next Fifteen Executive Share
Option Scheme (1999). The reason for the surrender is to provide the
capacity to issue this same number of options to other employees
without dilution of existing shareholdings.
 
The Options would have vested and become exercisable over a period
from three years from grant, subject to certain performance criteria
and would have expired on 20 November 2010.
 
Following this notification, Mr Dewhurst holds Options over 440,000
shares.


For further information:
David Dewhurst
[phone]
www.nextfifteen.com

   Short Name: Next Fifteen Comm
   Category Code: RDS
   Sequence Number: 00004125
   Time of Receipt (offset from UTC): 20030417T145401+0100