Cable & Wireless Worldwide Says Performance Post Demerger "Not Ideal"

LONDON, May 24, 2011 -

After two profits warnings in the past 12 months, Cable and Wireless
Worldwide CEO Jim Marsh said in an interview that it hadn't been an ideal
year for the group.

However, in discussing the group's full-year results, Mr Marsh told the
financial broadcaster www.cantos.com that he was confident there would
be no more surprises.

The telecoms boss highlighted the company's ability to generate cash as a
positive, and committed to continue the dividend payout at current levels.

"We have committed to maintaining that dividend until the point at which
it's cash covered in the business, when it will then become a progressive
policy."

The interview and transcript are available now on
www.cantos.com/company/Cable%20and%20Wireless%20Worldwide

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email prnsupport@cantos.com or phone
+44-207-936-1372.

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