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World Telecom PLC (WDT)


Friday 26 November, 1999

World Telecom PLC

Trading Statement

World Telecom PLC
26 November 1999

                             World Telecom plc
                    ('World Telecom' or 'the Company')
                             Trading statement

On 15 October 1999 World Telecom released its interim results for the six
months to 30 June 1999.  The chairman's statement, which accompanied those
results, stated that we continued to explore a number of strategic
initiatives as well as tightening controls within the business and this
remains the case.

Since 30 June, sales in each of the Company's divisions have been broadly
in line with expectations, until recently, when the Company's revenues
have failed to grow as expected. This is likely to result in a
disappointing outcome for the second half of the year as a whole.

The rapid growth that the Company has achieved has placed a strain upon
the Company's working capital position. World Telecom is currently
actively investigating a range of options to address this issue including
the potential disposal of non-core businesses and the raising of
additional finance in order to provide a sound basis for the group's
funding requirements going forward. It is currently envisaged that any
equity fundraising would be undertaken at a significant discount to the
current market price. The bankers to the Company have been kept informed
and remain supportive.

On 15 November 1999, World Telecom announced that it was in discussions
which may or may not lead to an offer being made for the Company.
Discussions with potential offerors remain ongoing. Shareholders will be
informed of relevant developments as soon as practicable.


World Telecom plc                                 0171 384 5000
David Dey


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