NTG national telecoms group limited

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    Change of Director`s Interest Notice

    Document date: Wed 08 Jan 2003 Published: Wed 08 Jan 2003 10:55:59
    Document No: 284828 Document part: A
    Market Flag: N
    Classification: Change of Director's Interest Notice
    NATIONAL TELECOMS GROUP LIMITED 2003-01-08 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    CHANGE OF DIRECTOR'S INTEREST NOTICE


    Name of Company National Telecoms Group Limited

    ABN 48 094 312 704

    We (the entity) give the ASX the following information under listing
    rule 3.19A.2 and as agent for the director for the purposes of section
    205G of the Corporations Act.

    Name of Director Morry Fraid

    Date of last notice 17/12/2002


    Part 1 - Change of director's relevant interests in securities

    Direct or indirect interest Indirect

    Nature of indirect interest
    (including registered holder) Purchase of shares by Danewell
    Pty Ltd (Family Investment
    Company)

    Date of change 3 and 06/01/2003

    No. of securities held prior
    to change 500,000 options exercisable at
    $1.00 (Held by Morry Fraid)

    10,630,000 ordinary shares
    (Held by Danewell Pty Ltd -
    Family Investment Company)

    2,450,000 ordinary shares
    (Held by Monit Nominees Pty
    Ltd - Fraid Family Trust)

    Class Ordinary Shares

    Number Acquired 1,116,441

    Number disposed Nil

    Value/consideration $139,555.13

    No. of securities held after
    change 500,000 options exercisable at
    $1.00 (Held by Morry Fraid)

    11,746,441 ordinary shares
    (Held by Danewell Pty Ltd -
    Family Investment Company)

    2,450,000 ordinary shares
    (Held by Monit Nominees Pty
    Ltd - Fraid Family Trust)

    Nature of change On-market trades

 
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