Transaction in Own Shares

24 March 2011

Cable & Wireless Communications Plc ("the Company")

Transaction in own shares

The Company has today purchased 1,100,000 ordinary shares of US$0.05 each, representing approximately 0.04127 per cent. of the Company's current issued ordinary share capital.

The price paid per share was 48.7000p per share

The Company intends to hold these shares in Treasury.

Following the repurchase, 33,197,000 ordinary shares of US$0.05 each are currently held by the Company in treasury and 2,632,414,727 ordinary shares of US$0.05 each (excluding those ordinary shares of US$0.05 each held in treasury) are currently in issue.