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10 –Talk Direct

September 2005 –AdEPT Telecom acquires Talk Direct fixed line customer base

10th Acquisition in 27 months

A delighted Ian Fishwick,MD AdEPT Telecom said,“It has been quite a month,with 2 acquisitions in 32 days.

Last month we bought Call Options and the integration of the business is already complete;the customers were billed by AdEPT for August calls.

The acquisition of Talk Direct adds over 1,000 businesses to our customer base. Every single customer takes both line rental and calls.

We now have over 5,000 businesses as customers.

Our line rental revenue is now well over £1 million per year and an increasingly large proportion of our business base is under contract.”

Marc Jones,MD Talk Direct added,“The acquisition of Talk Direct Ltd by AdEPT Telecom,one of the largest telecommunications companies in the UK,is fantastic news for all our customers. AdEPT Telecom will bring a wealth of expertise,and in-depth technical know-how,which will greatly improve the service you currently receive”