EPT Disclosure - IDN Telecom

Date : 12/21/2006 @ 4:15AM
Source : UK Regulatory (RNS & others)
Stock : Idn Telecom Plc (IDN)
Quote : 2.99  0.0 (0.00%) @ 1:00AM
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EPT Disclosure - IDN Telecom

RNS Number:4061O
Seymour Pierce Ltd
21 December 2006


                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
                      WITH RECOGNISED INTERMEDIARY STATUS
                      DEALING IN A CLIENT-SERVING CAPACITY
                      (Rule 38.5(a) of the Takeover Code)

1. KEY INFORMATION

Name of exempt principal trader      Seymour Pierce Limited

Company dealt in                     IDN Telecom Plc

Class of relevant security to which  Ordinary 0.5p Shares
the dealings being disclosed relate
(Note 1)

Date of dealing                      20.12.06

2. DEALINGS (Note 2)

(a) Purchases and sales

Total number of securities     Highest price paid (Note 3)   Lowest price paid (Note 3)
purchased
632,446                        0.0285 GBP                    0.0285 GBP

Total number of securities     Highest price received (Note  Lowest price received (Note 3)
sold                           3)

(b) Derivatives transactions (other than options)

Product name,     Long/short (Note 4)  Number of securities (Note  Price per unit (Note 3)
                                       5)
e.g. CFD


(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name,    Writing,      Number of        Exercise   Type, e.g.  Expiry   Option
                 selling,      securities to               American,            money
                 purchasing,   which the option            European
                 varying       relates (Note 5)            etc.
                 etc.
e.g. call                                       price                  date     paid/received
option                                                                          per unit
                                                                                (Note 3)

(ii) Exercising

Product name, e.g. call        Number of securities          Exercise price per unit 
option                                                       (Note 3)

3. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing
and any other person relating to the voting rights of any relevant securities under any
option referred to on this form or relating to the voting rights or future acquisition or
disposal of any relevant securities to which any derivative referred to on this form is
referenced. If none, this should be stated.



Date of disclosure                                 21.12.06
Contact name                                       Jamal Khan
Telephone number                                   020 7107 8002
Name of offeree with which connected               IDN Telecom Plc
Nature of connection (Note 6)                      Nominated Advisor

Notes

The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk











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

END
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