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Leading wholesale broker signs five year data centre services agreement

London - 2 July June 2003 - TeleCity (LSE: TCY.L), the award-winning pan
European data centre services company, has signed a five year agreement
with Tullett plc, a global leader in the provision of broking services
for international trading organisations, to provide data centre and
outsourcing solutions to the company.

"TeleCity's understanding of our business and their proactive approach
convinced us that they were the right partner for us," said Peter
Jacobs, Infrastructure Manager at Tullett. "TeleCity facilities offer
high levels of security, resilience, redundancy and technical excellence
- the four key decision making factors in our judging process when
sourcing a third party data centre."

"Tullett is a leading global brokerage and we are delighted that they
have chosen TeleCity as a datacentre services provider," said Rick
Hudson, CEO TeleCity. "Tullett's commitment demonstrates its belief in
our ability to offer data centre and IT infrastructure services to
leaders in the financial services industry."

Key to TeleCity winning the agreement was the ability to demonstrate
strength in areas such as physical resilience in terms of
infrastructure, security and power, rapid engineering response 24 x 7
and network resilience with the presence of multiple network
availability.

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Tullett Liberty

Tullett Liberty is part of Collins Stewart Tullett PLC and is one of the
largest inter-dealer brokers in the world, providing the most diverse
range of broking services for international trading organisations. The
company employs nearly 1800 people in all the leading financial centres
in Europe, North America, Asia, South America and Australia and is a
leading broker in fixed income securities and global money and capital
markets.

About TeleCity

TeleCity is a leading European provider of colocation and data centre
services. Through its network of carrier-neutral data centres, it
provides colocation, IT infrastructure management and IT services to
communication service providers, corporate enterprises and the public
sector. In February 2003, TeleCity was awarded 'Best Colocation
Provider' by the UK Internet Service Providers Association for its
outstanding data centre facilities, and high levels of customer service.
The company has 9 locations across Europe, in Amsterdam, Dublin, London,
Manchester, Frankfurt, Paris and Stockholm. Headquartered in London,
TeleCity was established in 1998, floated on the London Stock Exchange
(TCY.L) in June 2000 and posted a turnover of £23.8M in the year to
December 2002.

www.telecity.com <http://www.telecity.com/>

ENDS


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