Cross reference to Form 20-F The information in this document that is referred to in the following table shall be deemed to be filed with the Securities and Exchange Commission for all purposes. Item 1 Description of business Business review – Introduction – Global venture with AT&T – Concert Communications Services – Europe – Asia Pacific – Latin America – Syntegra – The UK – Research and development – Organisation and employees – Regulation, competition and prices – Relationship with HM Government Additional information for shareholders – Background 2 3 4 5 6 7 8 9 118 Description of property Business review – Property Legal proceedings Business review – Legal proceedings Note 27 to the financial statements – Financial commitments and contingent liabilities Control of registrant Report on directors’ remuneration – Directors’ interests Additional information for shareholders – Analysis of shareholdings Nature of trading market Additional information for shareholders – Listings – Share and ADS prices – Analysis of shareholdings Exchange controls and other limitations affecting security holdings Additional information for shareholders – Exchange controls and other limitations affecting security holders Taxation Additional information for shareholders – Taxation (US Holders) Selected financial data Five year financial summary Additional information for shareholders – Dividends – Exchange rates Management’s discussion and analysis of financial condition and results of operations Financial review Page 8 8-9 9-10 10 11 11 11 11-17 17 17-18 19-23 23 109 17 23 85 52-54 110 Item 9A Quantitative and qualitative disclosures about market risk Financial review – Treasury policy – Foreign currency and interest rate exposure Note 33 to the financial statements – Financial instruments and risk management 10 Directors and officers of registrant Board of directors Report of the directors Corporate governance – The Board – Principal Board committees Report on directors’ remuneration – Directors’ service agreements and – contracts of appointment 11 Compensation of directors and officers Report on directors’ remuneration 12 Options to purchase securities from registrant or subsidiaries Report on directors’ remuneration – Directors’ interests Note 31 to the financial statements – Employee share schemes 13 Interest of management in certain transactions Report of the directors – Interest of management in certain transactions Page 33-34 34 90-93 40-41 42-43 44 45 55 47-55 52-54 87-89 42 14 Description of securities to be registered n/a 109 109 110 15 Defaults on senior securities n/a 16 Changes in securities and changes in security for registered securities n/a 113 112-113 24-25 111-112 112 26-39 17 Financial statements n/a 18 Financial statements Report of the auditors 58 Accounting policies 59-61 Group profit and loss account 62 Group statement of total recognised gains and losses 63 Group cash flow statement 64 Balance sheets 65 Notes to the financial statements 66-96 United States Generally Accepted Accounting Principles 97-101 Subsidiary undertakings, joint ventures and associates 102-103