Cable & Wireless Worldwide PLC (CW.LN), Wednesday confirmed that discussions with Vodafone Group PLC (VOD.LN), are ongoing, adding that Vodafone must, by a deadline of not later than 1600 GMT on April 19, either announce a firm intention to make an offer for Cable & Wireless or announce that it does not intend to make an offer.

MAIN FACTS:

-There can be no certainty that any offer will be made, nor as to the terms of any offer.

-This deadline will only be extended with the consent of the Takeover Panel.

-Cable&Wireless Worldwide notes the announcement Wednesday by Tata Communications Ltd. (500483.BY) stating that it does not intend to make an offer for Cable&Wireless.

-Cable & Wireless Worldwide shares closed Wednesday at 37.1 pence, valuing the company at GBP992.5 million.

-By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; razak.baba@dowjones.com

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