RNS Number:4503K
Offshore Telecom PLC
28 April 2003





                              OFFSHORE TELECOM PLC



                       PASSING OF AGM AND EGM RESOLUTIONS



             COMPLETION OF ACQUISITION OF MATRIX NETWORK SOLUTIONS





At the Annual General Meeting of Offshore Telecom Plc ("Offshore Telecom") held
earlier today, all resolutions relating to ordinary business and extraordinary
business were passed.



At the Extraordinary General Meeting, held immediately after the Annual General
Meeting, all ordinary and special resolutions were passed.



Application has been made to the Alternative Investment Market for the admission
of 432,000,000 new ordinary shares in Offshore Telecom issued as consideration
for the acquisition of Matrix Network Solutions Limited ("Matrix").  Dealings in
the new shares will start on 29 April 2003 and the acquisition of Matrix will be
completed immediately thereafter.



As already announced, Ian Smith will join the board of Offshore Telecom with
effect from 29 April 2003.



                                      Ends





For further information please contact:


David Bland, Chief Executive, Offshore Telecom Plc      Tel: +44 (23) 8045 8262

Steve Liebmann                                          Tel: +44 (0) 7802-888159




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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