Transaction in Own Shares

24 February 2011

Cable & Wireless Communications Plc (the "Company")

Transaction in own shares

The Company announces that it intends to repurchase up to US$100 million of ordinary shares, pursuant to the authority granted at the Annual General Meeting of the Company held on 21 July 2010 to purchase up to 262 million ordinary shares of US$0.05 each.

The Company has today purchased 2,150,000 ordinary shares of US$0.05 each, representing approximately 0.08066 per cent. of the Company's current issued ordinary share capital.

The price paid per share was 48.2872p per share

The Company intends to hold these shares in Treasury.

Following the repurchase, 2,150,000 ordinary shares of US$0.05 each are currently held by the Company in treasury and 2,663,461,727 ordinary shares of US$0.05 each (excluding those ordinary shares of US$0.05 each held in treasury) are currently in issue.