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               24 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      94,583,946      3.80%     7,572,219      0.30%
securities
(2) Derivatives    7,862,159      0.32%    27,586,185      1.11%
(other than
options)
(3) Options and   20,942,400      0.84%     9,640,400      0.39%
agreements to
purchase/sell
Total            123,388,505      4.95%    44,798,804      1.80%

(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      1,232                 1.4890
Purchase      129,181               1.5043
Purchase      81,297                1.5158
Purchase      1,452                 1.5000
Purchase      7,669                 1.4900
Purchase      7,515                 1.5091
Purchase      578,143               1.5047
Purchase      4,100                 1.4890
Purchase      8,370                 1.4890
Purchase      37,254                1.4977
Purchase      4,990                 1.4943
Purchase      8,050                 1.5062
Purchase      227,944               1.5026
Purchase      13,316                1.5107
Purchase      7,656                 1.5150
Purchase      19,821                1.5150
Purchase      381,247               1.5150
Purchase      77,300                1.5005
Purchase      60,577                1.5091
Sale          750                   1.5051
Sale          192,910               1.5068
Sale          918                   1.5100
Sale          800                   1.5078
Sale          20,453                1.5100
Sale          25,620                1.5150
Sale          19,106                1.5095
Sale          1,452                 1.5000
Sale          224,639               1.5033
Sale          22,251                1.5147
Sale          172,824               1.4987
Sale          9,600                 1.5108
Sale          40                    1.5008
Sale          92,943                1.5053
Sale          33,334                1.5150
Sale          27,972                1.5008
Sale          51,813                1.5008
Sale          1,944,888             1.5000
Sale          217,659               1.5075

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          172824        1.4987
CFD            Long          40            1.5007
CFD            Long          224639        1.5032
CFD            Long          578143        1.5047
CFD            Long          92943         1.5053
CFD            Long          6483          1.5065
CFD            Long          192910        1.5067
CFD            Long          217659        1.5075
CFD            Long          19106         1.5095
CFD            Long          9600          1.5108
CFD            Long          22251         1.5147
CFD            Short         26335         1.4908
CFD            Short         4990          1.4942
CFD            Short         37254         1.4976
CFD            Short         77300         1.5004
CFD            Short         227944        1.5025
CFD            Short         129181        1.5043
CFD            Short         8050          1.5062
CFD            Short         13316         1.5106
CFD            Short         81297         1.5157

(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                         25 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   760,000                1.3000           AMER           18/12/2009
Option            Purchased   -48,200                1.4688           EURO           27/08/2008
Option            Purchased   1,000                  160.0000         EURO           19/12/2008
Option            Purchased   1,000                  160.0000         EURO           19/12/2008
Option            Purchased   48,200                 1.4688           EURO           27/08/2008
Option            Purchased   48,200                 1.6646           EURO           27/08/2008
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   -48,200                1.6646           EURO           27/08/2008
Option            Purchased   760,000                1.3000           AMER           18/12/2009
Option            Purchased   -272,000               1.3239           EURO           11/07/2008
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   10,000,000             1.7000           AMER           18/12/2009
Option            Purchased   -3,000,000             1.0000           AMER           19/12/2008
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   475,000                1.8000           AMER           18/12/2009

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