broker tips ntg, p/e of 2.5, page-6

NATIONAL TELECOMS GROUP LIMITED 2003-01-03 ASX-SIGNAL-G

HOMEX - Sydney

+++++++++++++++++++++++++
ASX MARKET RELEASE

The securities of National Telecoms Group Limited (the "Company")
will be placed in pre-open at the request of the Company, pending the
release of an announcement by the Company. Unless ASX decides
otherwise, the securities will remain in pre-open until the earlier
of the commencement of normal trading on Tuesday, 7 January 2003 or
when the announcement is released to the market.

Security Code: NTG


K Mitchell
COMPANIES ADVISOR