Telenet announces payment of capital decrease

At the extraordinary general shareholders' meeting held on May 28, 2009, the shareholders of Telenet Group Holding NV (Euronext Brussels: TNET) approved a capital decrease of EUR 0.50 per share.
The payment date for the distribution of the capital decrease has been fixed on September 1, 2009. As of August 27, 2009 (ex date), the shares and the VVPR-strips of Telenet Group Holding will be traded on Euronext Brussels ex coupon no. 2. The payment of the capital decrease of EUR 0.50 per share will occur on September 1, 2009.
The right to receive the payment will be represented by coupon no. 2. As of September 1, 2009, shareholders can obtain the payment at the branches of ING Belgium upon presentation of coupon no. 2.
Coupon no. 2 of the VPPR-strips of Telenet Group Holding NV will be declared without value as from August 27, 2009.
The foregoing is subject to the relevant provisions of applicable law.
Please find enclosed the complete press release.

Press release

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About Telenet SA

As a provider of entertainment and telecommunication services in Belgium, Telenet group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels.

Under the brand name BASE, it supplies mobile telephony, internet and television in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant.

Telenet group is part of Telenet Group Holding NV and is a 100% owned subsidiary of Liberty Global. Liberty Global is one of the world’s leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution. For more information, we refer to www.telenet.be

The Telenet newsroom can be found at press.telenet.be

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