directors buying more NATIONAL TELECOMS GROUP LIMITED 2003-01-09...

directors buying more NATIONAL TELECOMS GROUP LIMITED 2003-01-09 ASX-SIGNAL-G

HOMEX - Sydney

+++++++++++++++++++++++++
Danewell Pty Ltd increased its relevant interest in National Telecoms
Group Limited on 07/01/2003, from 13,080,000 ordinary shares (10.77%)
to 14,196,441 ordinary shares (11.71%