ETM Elitel Telecom

RNS Number:1571H
Elitel Telecom S.p.A.
02 August 2006

For Immediate Release                                             2 August 2006

                            Elitel Telecom S.p.A.

                             Holding in Company

Elitel Telecom S.p.A. ("the Company") (AIM: ETM), the independent Italian
telecommunications group, received  notification today that, following an
acquisition of shares in the Company on 27 July 2006, FCRP Part'Com have a 
notifiable interest in 1,587,820 ordinary shares, representing 4.17 per cent. of
the Company's issued ordinary share  capital.

Enquiries

Elitel Telecom S.p.A                                                            +39 02 441 0410
Federico d'Este (Chief Executive)
Nicolo Zanchi (Group Corporate Development Officer and Investor Relation)

Charles Stanley Securities                                                      +44 (0)20 7149 6000
Russell Cook/Freddy Crossley





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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