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World Telecom PLC (WDT)

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Tuesday 11 January, 2000

World Telecom PLC

PricewaterhouseCoopers Appointed as Administrators

World Telecom PLC
11 January 2000




    PRICEWATERHOUSECOOPERS APPOINTED ADMINISTRATORS TO WORLD TELECOM PLC

Neville Kahn and Anthony Lomas, partners at PricewaterhouseCoopers, were
appointed joint administrative receivers of World Telecom plc on 23 December
1999.  At present the company is continuing to trade and the current position is
'business as usual'.  The receivers are seeking a purchaser of the business as a
going concern and are pleased with the interest shown to date

         

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