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The
principal listing of BT Groups ordinary shares is on the London
Stock Exchange. American Depositary Shares (ADSs), each representing
10 ordinary shares, have been issued by JPMorgan Chase Bank, as
Depositary for the American Depositary Receipts (ADRs) evidencing
the ADSs, and are listed on the New York Stock Exchange. ADSs also
trade, but are not listed, on the London Stock Exchange. Trading
on the New York Stock Exchange is under the symbol BT.
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