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               20 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      94,948,241      3.81%     7,490,743      0.30%
securities
(2) Derivatives    7,691,150      0.31%    28,314,784      1.14%
(other than
options)
(3) Options and   20,942,400      0.84%     9,640,400      0.39%
agreements to
purchase/sell
Total            123,581,791      4.96%    45,445,927      1.82%


(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      1,600                 1.5100
Purchase      7,228                 1.5260
Purchase      34,265                1.5125
Purchase      300,000               1.5008
Purchase      260,521               1.5000
Purchase      4,464                 1.5003
Purchase      2,250                 Transfer
Purchase      8,489                 1.5100
Purchase      3,802                 1.5100
Purchase      6,486                 1.5018
Purchase      17,300                1.5296
Purchase      7,703                 1.5100
Purchase      153,566               1.5239
Purchase      4,415                 Transfer
Purchase      4,573                 1.5000
Purchase      5,442                 1.5000
Purchase      26,025                1.5018
Purchase      334,345               1.5018
Purchase      2,436                 1.5000
Purchase      1,565                 1.5370
Purchase      691                   1.5000
Purchase      505,710               1.5328
Purchase      6,939                 1.5092
Purchase      35,000                1.5062
Purchase      85                    1.5100
Purchase      14,472                1.5054
Sale          260,521               1.5000
Sale          129,930               1.5193
Sale          7,228                 1.5260
Sale          130,143               1.5160
Sale          125,178               1.5286
Sale          226,541               1.5082
Sale          9,600                 1.5148
Sale          834,517               1.5321
Sale          217,722               1.5193
Sale          151,024               1.5241
Sale          26,346                1.5234
Sale          938,832               1.5321
Sale          180,099               1.5136
Sale          217,143               1.5134
Sale          101                   1.5177
Sale          1,250                 1.5098
Sale          22,692                1.5114

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          226541        1.5081
CFD            Long          22692         1.5114
CFD            Long          217143        1.5134
CFD            Long          180099        1.5136
CFD            Long          9600          1.5148
CFD            Long          130143        1.516
CFD            Long          101           1.5177
CFD            Long          347652        1.5193
CFD            Long          26346         1.5233
CFD            Long          151024        1.5241
CFD            Short         15899         1.4949
CFD            Short         4464          1.5002
CFD            Short         14472         1.5053
CFD            Short         35000         1.5061
CFD            Short         6939          1.5091
CFD            Short         34265         1.5125
CFD            Short         153566        1.5238
CFD            Short         17300         1.5295
CFD            Short         13911         1.5313
CFD            Short         505710        1.5327

(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                         23 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                 1.6646           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               1.5004           EURO           11/07/2008
Option            Purchased   -272,000               1.3239           EURO           11/07/2008
Option            Purchased   -48,200                1.6646           EURO           27/08/2008
Option            Purchased   -48,200                1.4688           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                 1.4688           EURO           27/08/2008
Option            Purchased   10,000,000             1.7000           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   380,000                1.8000           AMER           18/12/2009
Option            Purchased   380,000                1.3000           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