Update

12 May 2005 07:00

PNC Telecom PLC12 May 2005 FOR IMMEDIATE RELEASE 12 May 2005 PNC TELECOM PLC ("the Company") The Company has today received a sum of £62,300 from a former director inrespect of legal action taken by the Company to recover amounts formerly paidout. The Company is vehemently pursuing further claims amounting to some £500,000 inrespect of amounts paid to former directors and others. PNC Telecom PlcLeo Knifton Tel: +44 (0) 207 251 3762 This information is provided by RNS The company news service from the London Stock Exchange