TELEPHONE MAINTENANCE GROUP (TEL): A Telecom Mears Gem

TEL.MAINTENANCE As at 02-Jan-2005 17:18:32
3.130 0.00 0.00

Bid Offer Volume High Low Last Close
2.50 3.50 - 3.13 3.13 3.13 on 31-Dec-2004

Last 5 trades
Time/Date Price Volume Trade value Type
16:30:42 30-Dec-2004 3.25 513,900 16,701.75 Ordinary Trade
16:32:17 23-Dec-2004 3.50 300,000 10,500.00 Ordinary Trade
16:31:16 23-Dec-2004 3.40 300,000 10,200.00 Ordinary Trade
08:03:38 23-Dec-2004 3.52 10,000 352.00 Ordinary Trade
16:34:30 22-Dec-2004 3.35 60,000 2,010.00 Ordinary Trade

From the above, it looks like there has been some quite sizeable TEL buying over the Christmas and New Year period. The above all look like buys, which would be 1,183,900 shares in total: about one and a half per cent of the issued share capital.

If the market makers did wish to reduce their TEL holdings, this buying may therefore have addressed that.

B.F.