Rule 8.3 - CABLE & WIRELESS

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              CABLE & WIRELESS
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               11 June 2008

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant      93,489,865      3.75%     6,384,047      0.26%
securities
(2) Derivatives    8,201,949      0.33%    23,557,693      0.95%
(other than
options)
(3) Options and   20,942,400      0.84%     9,640,400      0.39%
agreements to
purchase/sell
Total            122,634,214      4.92%    39,582,140      1.59%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities  Price per unit
                                    (GBP)
Purchase      10,266                1.5478
Purchase      112,707               1.5853
Purchase      34,216                1.5698
Purchase      16,837                1.5590
Purchase      65,421                1.5547
Purchase      8,397                 1.5450
Purchase      250,000               1.5598
Purchase      291,603               1.5456
Purchase      3,260                 1.5513
Purchase      62,678                1.5481
Purchase      42,071                1.5493
Purchase      30,870                1.6036
Purchase      27,764                1.6510
Purchase      8,397                 1.5450
Purchase      532,970               1.5649
Purchase      111,928               1.5489
Purchase      57,420                1.5590
Purchase      37,107                1.5989
Sale          8,397                 1.5450
Sale          75,377                1.5561
Sale          38,568                1.5452
Sale          68,517                1.5510
Sale          8,397                 1.5450
Sale          169,600               1.5513
Sale          65,533                1.5837
Sale          16,516                1.5505
Sale          27,764                1.6510
Sale          30,870                1.6036
Sale          203,241               1.5528
Sale          27,199                1.5448
Sale          191,066               1.5594
Sale          233,147               1.5588
Sale          1,260                 1.5691
Sale          1,500                 1.5626
Sale          484,107               1.5577
Sale          27,900                1.5590

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          27199         1.5448
CFD            Long          8397          1.545
CFD            Long          38568         1.5451
CFD            Long          68517         1.5509
CFD            Long          169600        1.5513
CFD            Long          203241        1.5528
CFD            Long          75377         1.556
CFD            Long          233147        1.5588
CFD            Long          191066        1.5594
CFD            Long          65533         1.5837
CFD            Long          30870         1.6035
CFD            Short         62678         1.5481
CFD            Short         111928        1.5489
CFD            Short         42071         1.5493
CFD            Short         3260          1.5512
CFD            Short         65421         1.5546
CFD            Short         532970        1.5648
CFD            Short         34216         1.5697
CFD            Short         112707        1.5853
CFD            Short         37107         1.5989
CFD            Short         30870         1.6035

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry      Option money
e.g. call       selling,          securities to      price     American,       date        paid/received
option          purchasing,       which the option             European etc.               per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION


Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.

None


Is a Supplemental Form 8 attached? (Note 9)                 YES


Date of disclosure                         12 June 2008
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)
Product name,     Written or  Number of securities   Exercise price   Type, e.g.     Expiry date
e.g. call option  purchased   to which the option    (Note 2)         American,
                              or derivative relates                   European etc.
Option            Purchased   48,200                 1.4688           EURO           27/08/2008
Option            Purchased   -2,000,000             1.2500           AMER           19/12/2008
Option            Purchased   -2,000,000             0.6000           AMER           19/12/2008
Option            Purchased   -1,300,000             1.4000           AMER           18/12/2009
Option            Purchased   -700,000               1.4000           AMER           18/12/2009
Option            Purchased   -272,000               1.3239           EURO           11/07/2008
Option            Purchased   -272,000               1.5004           EURO           11/07/2008
Option            Purchased   -48,200                1.4688           EURO           27/08/2008
Option            Purchased   -48,200                1.6646           EURO           27/08/2008
Option            Purchased   1,000                  160.0000         EURO           19/12/2008
Option            Purchased   -3,000,000             1.0000           AMER           19/12/2008
Option            Purchased   48,200                 1.6646           EURO           27/08/2008
Option            Purchased   10,000,000             1.7000           AMER           18/12/2009
Option            Purchased   272,000                1.5004           EURO           11/07/2008
Option            Purchased   272,000                1.3239           EURO           11/07/2008
Option            Purchased   380,000                1.3000           AMER           18/12/2009
Option            Purchased   380,000                1.8000           AMER           18/12/2009
Option            Purchased   475,000                1.8000           AMER           18/12/2009
Option            Purchased   760,000                1.3000           AMER           18/12/2009
Option            Purchased   760,000                1.3000           AMER           18/12/2009
Option            Purchased   1,045,000              1.8000           AMER           18/12/2009
Option            Purchased   1,500,000              1.1500           AMER           19/12/2008
Option            Purchased   5,000,000              1.1000           AMER           19/12/2008
Option            Purchased   1,000                  160.0000         EURO           19/12/2008

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.
Full details of any  existing agreements to purchase or to sell  should also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover
Panel's website at www.thetakeoverpanel.org.uk