IRC Individual Rest

RNS No 8897m
INTEROUTE TELECOMMUNICATIONS PLC
31st October 1997

Recommended cash offer by 
Shaker Limited ("Shaker") 
for Interoute Telecommunications plc ("Interoute")

Offer becomes unconditional as to acceptances

It is announced today that the recommended cash offer by Shaker
for Interoute (the "Offer") has become unconditional as to
acceptances.  As of 31 October 1997 valid acceptances in respect
of 11,560,630 Interoute shares, representing 34.68 per cent. of
the issued share capital of Interoute, have been received.  

Prior to the announcement of the Offer on 25 September 1997,
Shaker did not own any Interoute shares.

Between the time of the announcement of the Offer and 24 October
1997, being the day immediately prior to the posting of the
Offer, Shaker had acquired a total of 14,976,576 Interoute
shares, representing approximately 44.93 per cent. of
Interoute's issued share capital. 

Consequently, as of today, Shaker holds voting rights in respect
of 26,537,206 Interoute shares representing approximately 79.61
per cent. of  Interoute's issued share capital.  The Offer has
therefore become unconditional as to acceptances.  It remains a
term of the Offer that a referral by the Secretary of State for
Trade and Industry to the Monopolies and Mergers Commission 
prior to 15 November will cause the Offer to lapse.

Other than as set out above Shaker has not acquired or agreed to
acquire any Interoute shares during the Offer period.

The Offer will remain open for acceptance until further notice.  

Enquiries:

Gerald Beaney, Grant Thornton
Tel: 0171 383 5100

Grant Thornton, which is authorised to carry on investment
business by the Institute of Chartered Accountants in England
and Wales, is acting exclusively for Shaker and for no one else
in connection with the Offer and will not be responsible to
anyone other than Shaker for providing the protections afforded
to clients of Grant Thornton or for providing advice in relation
to the Offer.


Copies of this announcement will be available to the public free
of charge from the offices of Grant Thornton, Grant Thornton
House, Melton Street, Euston Square, London NW1 2EP during
normal office hours (Saturdays, Sundays and bank holidays
excepted) for 14 days from today.

END


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