Stmnt re Yellow Pages

British Telecommunications PLC
11 May 2001

                                    May 11, 2001


                     BT STATEMENT ON OFT ANNOUNCEMENT ON

                                 YELLOW PAGES



BT obviously welcomes the fact that the announcement has finally been made. We
are awaiting more details on the undertakings being sought from BT and will
respond when these have been reviewed and we have had time to consider the
implications on the Yellow Pages business.

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 Inquiries about this release should be made to the BT Group Newsroom on its
24-hour number: 020 7356 5369. From outside the UK, dial [phone]. All
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