1. www.btwholesale.com

2. Standard Contract Forum 2 September 2004 Charles Walker 2 September 04

3. www.btwholesale.com Standard Contract Forum 2 September 2004 BT SIA CREDIT VETTING BT SIA Credit Policy document published 01 September BT Reference Offer updated for new customers 01 September ◊ Main Body ◊ Annex D ◊ New Annex F Supplementary Agreement for existing customers ◊ To be offered early September ◊ To allow sign-up in the period to 01 December

4. www.btwholesale.com Standard Contract Forum 2 September 2004 BT SIA CREDIT VETTING (cont) New Operators Credit Vetted on basis of revised ACO process ◊ Credit Limit Set ◊ Security if appropriate ◊ Profile Monitoring Existing Operators ◊ 2 Payment Period Notices in 6 months > Profile Monitoring ◊ 2 Security Notices in 12 months > Profile Monitoring > Credit Vet > if Adverse Credit Vet > Security