Telecom Plus Regulatory News (TEP)

31 Mar 2006 10:40

Telecom Plus PLC31 March 2006 31 March 2006 Telecom plus plc (the "Company") Completion of Transaction Telecom plus plc, the low-cost, multi-utility provider, is pleased to announcethat the conditions as set out in paragraph A of Part III of the circular dated7 March 2006 with respect to its proposed arrangements with Npower Limited("npower") have all been fulfilled. Commenting on the completion of the Transaction, Charles Wigoder, ChiefExecutive, stated: "We are delighted that under these new arrangements with npower the Company willbe able to maintain its attractive multi-utility offer to its existing and newcustomers, and that our new partner shares our commitment to our innovativedistribution channel and enthusiasm for delivering quality customer service andvalue for money." Enquiries: Telecom plus plc 020 8955 5000Charles Wigoder/Stephen Davis This information is provided by RNS The company news service from the London Stock Exchange