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BT Charity Gala Raises $135,000 for Project Renewal

BT Charity Gala Raises $135,000 for Project Renewal

Published 02-21-07

Submitted by British Telecommunications Plc.

NEW YORK- February 21, 2007 "“ BT today announced that it has raised $135,000 for Project Renewal, a charity that helps the homeless men and women of New York City. BT raised the funds at a gala event held in Manhattan on February 9.

This is the fourth annual gala event BT has held in support of Project Renewal. Last year, the company raised $100,000, which has been used by Project Renewal to support more than 13,000 homeless men and women as they find their way to health, homes, jobs and a life with dignity.

In addition to its fundraising efforts, BT uses its expertise as a communications solutions and services provider to help maximize Project Renewal’s use of communications technologies within its operation. By helping develop programs to assist the men and women in the program develop communications and technology skills, BT helps support them on their journey back into the community.

"We’re proud to support Project Renewal and the important work this organization does for the homeless of New York City," said Chuck Pol, president, BT Americas, and member of Project Renewal’s Board of Trustees. "At BT we take corporate social responsibility to heart and encourage our employees to become involved in the communities where we live and work. We also thank the many generous sponsors who made this event a success."

"Project Renewal is thrilled to once again be the recipient of BT Americas’ enormous generosity," said Edward I. Geffner, president and CEO of Project Renewal. "Together we’ve been able to make a huge difference in homeless New Yorkers’ lives. This year’s extraordinary contribution will help thousands of our most vulnerable citizens get a second chance."

About BT

BT is one of the world’s leading providers of communications solutions and services operating in 170 countries. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2006, BT Group plc’s revenue was £19,514 million with profit before taxation of £2,040 million.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.

For more information, visit www.bt.com/aboutbt

All BT news releases can be accessed at our web site: http://www.bt.com/newscentre.

About Project Renewal

Project Renewal’s mission is to end homelessness in New York City. Since its founding in 1967, this pioneering organization has focused its efforts on the most vulnerable and neediest New Yorkers "“ men and women who, in addition to being without a home, cope with mental illness and addiction to drugs or alcohol. Project Renewal is unique in being able to provide "under one roof" all of the services that homeless people need to get off the street and attain health, homes, and jobs. This holistic progression of services begins on the street where mobile psychiatric and medical outreach teams "“ each of which was among the first of its kind "“ reach out to homeless people where they are struggling to survive. Once connected, Project Renewal’s clients then move into residential programs to recover their health and learn to manage their mental illness or achieve sobriety. From there, they enter a comprehensive employment program, which helps them to prepare for, find, and keep good jobs. Permanent housing "“ which Project Renewal builds and operates "“ is the last element in this progression, completing clients’ return to a self-sufficient life in the community. With a staff of nearly 600 - of whom over 35% are formerly homeless clients "“ Project Renewal reaches out to more than 13,000 homeless New York men and women each year.

British Telecommunications Plc. logo

British Telecommunications Plc.

British Telecommunications Plc.

BT is one of the world's leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. In the UK, BT serves more than 20 million business and residential customers with more than 30 million exchange lines, as well as providing network services to other licensed operators.

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