AGM Statement

Telecom Plus PLC
12 July 2006

                        Telecom plus PLC (the 'Company')

                        Trading Update and AGM Statement


At the AGM held today at 11.00am Telecom plus PLC ('the Company'), the UK's
leading integrated multi-utility provider (gas, electricity, telephony,
internet), informed shareholders that so far this financial year the Company has
traded satisfactorily and profits have exceeded budget.

Local Loop Unbundling ('LLU'), the process by which third parties install their
own equipment in BT local exchanges, has continued to gather pace over recent
months.  The Company has now reached agreement for the purchase of LLU capacity
on wholesale commercial terms, which the directors believe will enable it to
achieve a satisfactory margin on its new range of broadband and telephony
packages due to be introduced later this year.


For further information, please contact:

Telecom plus plc

Charles Wigoder
Stephen Davis
Tel: [phone]

12 July 2006


END



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