Required Item in Form 20-F				Where information can be found in this Annual Report
Item				Section
1		Identity of directors, senior management and advisors		Not applicable
2		Offer statistics and expected timetable		Not applicable
3		Key information
3A		Selected financial data		Five year financial summary
				Additional information for shareholders
				Exchange rates
3B		Capitalisation and indebtedness		Not applicable
3C		Reasons for the offer and use of proceeds		Not applicable
3D		Risk factors		Risk factors
4		Information on the company
4A		History and development of the company		Business review
				Introduction
				Background
				2002 restructuring
				Demerger of mmO2
				Concert
				Acquisitions and disposals prior to the 2004 financial year
				Acquisitions and disposals in the 2004 financial year
				Financial review
				Capital expenditure
4B		Business overview		Business review
				Financial review
				Geographical information
				Our commitment to society
				Financial statistics
				Operational statistics
				Notes to the financial statements
				People employed
				Additional information for shareholders
				Cautionary statement regarding forward-looking statements
4C		Organisational structure		Business review
				Introduction
				Subsidiary undertakings, joint ventures and associates
4D		Property, plant and equipment		Financial review
				Profit on sale of property fixed assets
5		Operating and financial review and prospects
5A		Operating results		Financial review
				Additional information for shareholders
				Cautionary statement regarding forward-looking statements
5B		Liquidity and capital resources		Financial review
				Additional information for shareholders
				Cautionary statement regarding forward-looking statements
				Notes to the financial statements
				Loans and other borrowings
				Financial commitments, contingent liabilities and subsequent events
				Financial instruments and risk management
5C		Research and development, patents and licences		Business review
				Research and development and IT support
				Financial statistics
5D		Trend information		Financial review
				Additional information for shareholders
				Cautionary statement regarding forward-looking statements
5E		Off-balance sheet arrangements		Financial Review
				Off-balance sheet arrangements
5F		Tabular disclosure of contractual obligations		Financial Review   Capital resources
6		Directors, senior management and employees
6A		Directors and senior management		Board of directors and Operating Committee
6B		Compensation		Report on directors’ remuneration
				Notes to the financial statements
				Pension costs
				Directors’ emoluments
6C		Board practices		Board of directors and Operating Committee
				Report of the directors
				Directors
				Corporate governance
				Report on directors’ remuneration
				Statement of directors’ responsibility
6D		Employees		Business review
				Motivate our people and live the BT values
				Notes to the financial statements
				People employed
				Operational statistics
6E		Share ownership		Report on directors’ remuneration
				Notes to the financial statements
				Employee share schemes
7		Major shareholders and related party transactions
7A		Major shareholders		Report of the directors
				Substantial shareholdings
				Additional information for shareholders
				Analysis of shareholdings
7B		Related party transactions		Report of the directors
				Interest of management in certain transactions
				Report on directors’ remuneration
				Notes to the financial statements
				Related party transactions
7C		Interests of experts and counsel		Not applicable
8		Financial information
8A		Consolidated statements and other financial information		See item 18 below.
				Business review
				Legal proceedings
				Additional information for shareholders
				Dividends
8B		Significant changes		Financial review
				Capital resources
				Notes to the financial statements
				Financial commitments, contingent liabilities and subsequent events
9		The offer and listing
9A		Offer and listing details		Additional information for shareholders
				Share and ADS prices
9B		Plan of distribution		Not applicable
9C		Markets		Additional information for shareholders
				Listings
9D		Selling shareholders		Not applicable
9E		Dilution		Not applicable
9F		Expenses of the issue		Not applicable
10		Additional information
10A		Share capital		Not applicable
10B		Memorandum and articles of association		Business review  Background
				Additional information for shareholders
				Memorandum and Articles of Association
10C		Material contracts		Additional information for shareholders
				Material contracts
10D		Exchange controls		Additional information for shareholders
				Exchange controls and other limitations affecting security holders
10E		Taxation		Additional information for shareholders
				Taxation (US Holders)
10F		Dividends and paying agents		Not applicable
10G		Statement by experts		Not applicable
10H		Documents on display		Additional information for shareholders
				Documents on display
10I		Subsidiary information		Not applicable
11		Quantitative and qualitative		Financial review
		disclosures about market risk		Treasury policy
				Foreign currency and interest rate exposure
				Notes to the financial statements
				Financial instruments and risk management
12		Description of securities other than equity securities		Not applicable
13		Defaults, dividend arrearages and delinquencies		Not applicable
14		Material modifications to the rights of security holders
		and use of proceeds		Not applicable
15		Controls and procedures		Corporate governance
				US Sarbanes-Oxley Act of 2002
16A		Audit committee financial expert		Corporate governance
				US Sarbanes-Oxley Act of 2002
16B		Code of ethics		Corporate governance
				US Sarbanes-Oxley Act of 2002
16C		Principal accountants fees and services		Notes to the financial statements
				Auditors
				Corporate Governance
				Audit Committee
17		Financial statements		Not applicable
18		Financial statements		Report of the independent auditors
				Accounting policies
				Consolidated financial statements
				United States Generally Accepted Accounting Principles
				Quarterly analysis of turnover and profit