Director Shareholding

Telme.Com PLC
2 October 2000


Interests in the Shares of TelMe.com plc (the 'Company')

The Company today announces that Iain Johnston, a shareholder and director of
the Company, having been allotted and issued with 1,021,409 Ordinary Shares of
2.5 pence in the Company, now has an interest in 2,531,083 shares of the Company
representing 3.23% of the Company's issued share capital.

Included in the interest mentioned above, Iain Johnston has a non-beneficial
interest in 655,122 Ordinary Shares in his capacity as trustee for shares held
on behalf of the Chapman Family Trust.

He previously had an interest in 1,282,694 Ordinary Shares representing 1.64% of
the issued share capital of the Company.  The non-beneficial element of this
holding was 428,142 Ordinary Shares.

The increased interest in shares arose following the allotment and listing of
shares pursuant to the payment of deferred consideration for the acquisition of
GB Mailing Systems Limited ('GB') details of which were announced to the Stock
Exchange on 25 September 2000.  The issue price of the new shares is 54.73 pence
per share being the average share price of the Company's shares for the 28 days
preceding the determination of the deferred consideration amount in accordance
with the mechanism set out in the Share Sale and Purchase Agreement for GB.

Additionally, the Company has also received notification under Section 198 of
the Companies Act of the following notifiable interests in the share capital of
the Company.

- Mr and Mrs Paul Chapman have an interest in 5,845,240 Ordinary Shares of 2.5
pence in the Company representing 7.46% of the issued share capital of the
Company; and

- Mr Robert Carter has an interest in 2,658,455 Ordinary Shares of 2.5 pence in
the company representing 3.39% of the issued share capital of the Company.

The increased interest of Mr and Mrs Chapman and the interest of Mr Carter arose
following the allotment and listing of shares pursuant to the payment of
deferred consideration for the acquisition of GB as detailed above.

Please contact John Constantin, the Assistant Group Company Secretary should you
have any questions regarding this announcement.


Richard Law
Group Finance Director and Company Secretary