Director Shareholding

Telme.Com PLC
1 December 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 228,045 Ordinary Shares of 2.5
pence in the Company, now has an interest in 2,809,805 shares of the Company
reprsenting 3.53% of the  Company's issued share capital. Included in the
interest mentioned above, Iain Johnston has a non-beneficial interest in 705,799
Ordinary Shares in his capacity as trustee for shares held on behalf of the
Chapman Family Trust.

He previously had an interest in 2,531,083 Ordinary Shares representing 3.23% of
the issued share capital of the Company. The non-beneficial element of this
holding was 655,122 Ordinary Shares.

The increased interest in shares arose following the allotment and listing of
shares pursuant to the final payment of deferred consideration for the
acquisition of GB Mailing Systems Limited ('GB') details of which were announced
to the Stock Exchange on 16 November 2000. The issue price of the  new shares is
44.38 pence per share being the average share price of the  Company's shares for
the 28 days preceding the determination of the final deferred consideration
amount in accordance with the mechanism set out in the  Share Sale and Purchase
Agreement for GB.

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