Acquisition

    FOR IMMEDIATE RELEASE

17 November 2005

                                PNC TELECOM PLC                                

                                (the "Company")                                

                                  Acquisition                                  

The Board of PNC Telecom PLC confirms that it has entered into a conditional
agreement to acquire all of the issued shares of SIM4Travel Limited
(SIM4Travel").

The consideration for the acquisition is �2.4 million to be satisfied by the
issue of 167 million new ordinary shares of 0.1p each in the capital of the
Company ("Shares") to the Vendors on completion and up to 120 million further
new Shares to be issued to the Vendors, subject to SIM4Travel achieving sales
targets.

Under the AIM Rules, the acquisition is a reverse takeover and is therefore
conditional upon shareholder approval. It is also conditional upon a waiver of
Rule 9 of the City Code on Takeovers and Mergers ("City Code") for which the
consent of the Panel on Takeovers and Mergers is to be sought and which will
also require shareholder approval.

SIM4Travel Limited provides international travellers with a Pay-As-You-Go SIM
card that enables them to reduce their mobile phone call charges whilst
overseas. Key features are:

  * Free to receive calls in over 65 countries;
   
  * Coverage in over 120 countries;
   
  * Low cost international mobile call charges;
   
  * UK based customer care and support for all international destinations; and
    24/7 Global top-up service available directly from a user's phone.
   
The numbers of those travellers who use mobile phones abroad is expected to
increase substantially over the next five years, with Europe being the key
growth market. SIM4Travel provides travellers with a low cost alternative to
international roaming. By using its international Pay-As-You-Go SIM users can
reduce their mobile phone charges.

Sim4Travel has published no Accounts, but the unaudited management accounts for
the seven months to 30 September 2005 as shown to the Company state a turnover
of �83,600 and net assets of �124,505.

A Circular is being prepared in accordance with the requirements of AIM and the
City Code and a further announcement will be made when this is posted to
Shareholders.

PNC Telecom Plc

Leo Knifton 020 7251 3762

Beaumont Cornish Limited

Roland Cornish 020 7628 3396



END

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