RNS Number:7837O
Offshore Telecom PLC
18 August 2003


                              Offshore Telecom plc

                         Grant of options to directors


Offshore Telecom plc announces that on 15 August 2003 it granted options over
new shares under the Company's unapproved share option scheme to the following
directors

                                         No of options

     Michael Frank                          12,000,000
     Keith Smith                             5,000,000
     Ian Smith                              10,000,000


The options are exercisable at 0.525p per share at any time up to 14 August
2013.

18 August 2003


For further information contact Michael Frank on 07802 787624


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