Adm. to CREST/Prpsd Shr Split

BATM Advanced Communications Ld 5 June 2000 BATM Advanced Communications Limited ('BATM' or the 'Company') Admission to CREST and proposed share split BATM Advanced Communications Limited, the London Stock Exchange-listed developer of high speed IP packet based data communications equipment, announces that from today BATM shareholders will be able to settle their BATM shares through CREST's electronic settlement system. Shareholders can now choose to hold their BATM shares electronically through CREST by way of CREST Depositary Instruments ('CDIs'). BATM CDIs are securities constituted under English Law which represent BATM shares on a one for one basis and will have the same security code (ISIN) as the underlying BATM shares which are already listed on the London Stock Exchange. BATM CDIs can be credited to the same member account as all the other CREST investments of any particular investor. This means that, from a practical point of view, BATM shares held through CDIs will be held and transferred in the same way as other companies' shares participating in CREST. BATM shareholders who wish to continue to settle in materialised form can continue to trade by means of stock transfer and hold share certificates. As previously announced, the Board of BATM proposes that shareholders amend the articles of association of the Company at the forthcoming AGM, on 26 June 2000, to allow a ten for one share split to be effected. Trading in the new shares is expected to commence on Monday, 3rd July. Further details will be announced in due course. Further enquires: BATM Advanced Communications Limited www.batm.com Ofer Bar-Ner, Finance Director 00 972 3 938 6886 Ludgate Communications Edward Macquisten 020 7253 2252
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