The 500 pound World War Two device was picked up during dredging work.
Cash To Improve Broadband Speeds
Rural and hard-to-reach areas in Hampshire and Dorset have been awarded a share of £362 million to improve their broadband connections.
£8,420,000 of it will be used to improve internet speeds in Hampshire and the Isle of Wight, while Dorset will receive £9,440,000.
The money, announced by Culture Secretary Jeremy Hunt, is part of the Government's drive to ensure that 90% of homes and businesses have access to superfast broadband by 2015.
The Government wants the UK to have the best superfast network in Europe by 2015.
Mr Hunt said: "Fast broadband is absolutely vital to our economic growth, to delivering public services effectively, and to conducting our everyday lives.
"But some areas of the UK are missing out, with many rural and hard-to-reach communities suffering painfully slow internet connections or no coverage at all.
"We are not prepared to let some parts of our country get left behind in the digital age."
"I urge all those suffering the frustration of slow internet connections to make it clear to your local elected representatives that you expect them to do what is needed to access this investment and to deliver broadband to your community,'' he added.
640 men were killed when the South African troop carrier was hit by a cargo ship in 1917.
The 79-year-old man suffered a serious head injury in the Cranmer Road car park in Winton.
Two Girls Indecently Assaulted Last Sunday
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