British Telecommunications PLC
25 February 2000
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1 NAME OF COMPANY 2 NAME OF DIRECTOR
British Telecommunications plc Sir Peter Bonfield
3 THIS NOTIFICATION IS IN RESPECT OF A HOLDING OF:
The Director named in 2 above
4 NAME OF THE REGISTERED HOLDER
Ilford Trustees (Jersey) Limited
5 THIS NOTIFICATION RELATES TO:
Ilford Trustees (Jersey) Limited is trustee of the BT
Employee Trust and the BT Employee Trust No.2 of which the
Director named in 2 above is a discretionary beneficiary.
6 NATURE OF TRANSACTION & NATURE & EXTENT OF DIRECTOR'S
Acquisition of shares following reinvestment of dividends
on shares in connection with the BT Executive Share
Plan and the BT Deferred Bonus Plan.
7 NUMBER OF SHARES ACQUIRED 8 PERCENTAGE OF ISSUED
CLASS
a) 61 - beneficial interest Not significant
b) 2,826 subject to contingent awards (Executive Share
Plan)
c) 899 subject to contingent awards (Deferred Bonus
Plan)
9 NUMBER OF SHARES DISPOSED 10 PERCENTAGE OF ISSUED
OF CLASS
Not applicable Not applicable
11 CLASS OF SECURITY 12 PRICE PER SHARE
Ordinary Shares of 25p each Contingent award - no consideration
for grant
13 DATE OF TRANSACTION 14 DATE COMPANY INFORMED
14/25 February 2000 25 February 2000
15 TOTAL HOLDING (i.e. Director's interests) FOLLOWING THIS
NOTIFICATION; DETAILS OF SHARE OPTIONS ARE GIVEN AT 22
BELOW.
(a) beneficial interest in 10,583 shares
(b) 399,207 shares subject to contingent awards under the BT
Executive Share Plan
(c) 123,938 shares subject to contingent awards under the
Deferred Bonus Plan
16 TOTAL PERCENTAGE HOLDING OF ISSUED CLASS FOLLOWING THIS
NOTIFICATION
Not significant
17 DATE OF GRANT 18 PERIOD DURING WHICH OR
DATE ON WHICH EXERCISABLE
Not applicable Not applicable
19 TOTAL AMOUNT PAID FOR GRANT 20 DESCRIPTION OF SHARES
OF INVOLVED OPTION
Not applicable Not applicable
21 EXERCISE PRICE (FIXED AT TIME OF GRANT)
Not applicable
22 TOTAL NUMBER OF SHARES OVER WHICH THE DIRECTORS HOLDS
OPTIONS FOLLOWING THIS NOTIFICATION
6,460 - BT Employee Sharesave Scheme
23 ANY ADDITIONAL INFORMATION
The above named director has other technical interests
under Section 13 of the Companies Act 1985 as follows:
- a technical interest, together with all employees of BT,
in 78,454 shares held in the name of BT Employee Shares
Trustees Limited;
- a technical interest, together with all employees of BT,
in 6,045,540 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries
of the BT Employee Trust; and
- a technical interest, together with all employees
of BT, in 13,353,438 shares held in trust in the name of Ilford
Trustees (Jersey) Limited as discretionary beneficiaries of
the BT Employee Trust No. 2.
24 DATE THAT DIRECTOR BECAME AWARE OF THE TRANSACTION
25 February 2000
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