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               25 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      94,251,046      3.78%     8,074,993      0.32%
securities
(2) Derivatives    8,173,703      0.33%    27,558,462      1.11%
(other than
options)
(3) Options and   20,942,400      0.84%     9,640,400      0.39%
agreements to
purchase/sell
Total            123,367,149      4.95%    45,273,855      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      15,283                1.5150
Purchase      12,920                1.5970
Purchase      145,253               1.5248
Purchase      112,780               1.5232
Purchase      67,474                1.5505
Purchase      230                   Transfer
Purchase      38,107                1.5252
Purchase      15,716                1.5237
Purchase      18,371                1.5510
Purchase      393,365               1.5510
Purchase      226,541               1.5082
Purchase      32,420                1.5970
Purchase      85,400                1.5510
Purchase      59,780                1.5510
Purchase      2,268                 1.5233
Purchase      6,305                 1.5210
Purchase      23,103                1.5510
Purchase      5,442                 1.5503
Purchase      52,361                1.5410
Sale          201,600               1.5269
Sale          49,762                1.5387
Sale          393,365               1.5510
Sale          239,989               1.5304
Sale          452                   1.5239
Sale          68,906                1.5233
Sale          33,000                1.5520
Sale          4,117                 1.5507
Sale          4,384                 1.5300
Sale          40,592                1.5357
Sale          26,108                1.5510
Sale          100,000               1.5230
Sale          15,283                1.5150
Sale          481                   1.5267
Sale          5,616                 1.5300
Sale          120,279               1.5487
Sale          137,840               1.5435
Sale          60,000                1.5502
Sale          39,835                1.5510
Sale          620                   1.5244
Sale          600                   1.5204
Sale          103,190               1.5196

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Long          103190        1.5196
CFD            Long          68906         1.5233
CFD            Long          452           1.5238
CFD            Long          481           1.5267
CFD            Long          201600        1.5268
CFD            Long          239989        1.5303
CFD            Long          40592         1.5356
CFD            Long          49762         1.5386
CFD            Long          137840        1.5435
CFD            Long          120279        1.5487
CFD            Long          4117          1.5507
CFD            Short         226541        1.5081
CFD            Short         13201         1.5187
CFD            Short         112780        1.5231
CFD            Short         2268          1.5232
CFD            Short         15716         1.5236
CFD            Short         145253        1.5247
CFD            Short         38107         1.5252
CFD            Short         67474         1.5505
CFD            Short         6601          1.5507

(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                         26 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