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COLT TELECOM GROUP PLC - HOLDING(S) IN COMPANY

SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of company

COLT Telecom Group plc

2. Name of shareholder having a major interest

Orbis Investment Management Limited

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Orbis Global Equity Fund Limited 74,631,071
Orbis Optimal Global Fund, L.P 1,110,541
Orbis SICAV Global Equity Fund 4,689,867
Orbis Optimal SA Fund Limited 2,874,271
G.A.-Fund-L 1,800,696
Orbis MIS-Orbis Global Equity Fund 1,535,186
5. Number of shares / amount of stock acquired

6. Percentage of issued class

7. Number of shares / amount of stock disposed

8. Percentage of issued class

9. Class of security

Ordinary

10. Date of transaction

11. Date company informed

15 November 2005

12. Total holding following this notification

86,641,632

13. Total percentage holding of issued class following this notification

5.73

14. Any additional information

15. Name of contact and telephone number for queries

Gill Maclean +44 20 7863 5314

16. Name and signature of authorised company official responsible for making
this notification

Caroline Griffin Pain

Date of notification

16 NOVEMBER 2005

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.

This information is provided by RNS
The company news service from the London Stock Exchange
SOURCE: Colt Telecom Group PLC

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