Telenet Finance IV Luxembourg S.C.A. announces pricing of its Senior Secured Floating Rate Notes

• Offering of Senior Secured Floating Rate Notes due June 2021 upsized to €400 million from €300 million initial offering
  
• Floating Interest Rate of three-month EURIBOR plus 3.875%

Luxembourg, June 8, 2011 Telenet Finance IV Luxembourg S.C.A. (the "Issuer"), an independent financing company, announces that it has priced its €400 million Senior Secured Floating Rate Notes due June 2021 (the "Notes"). The Notes will bear interest at three-month EURIBOR, reset quarterly, plus 3.875%. As a result of high demand for these Notes, the Issuer decided to upsize the offer to €400 million from the initial €300 million.

Upon completion, the Issuer, who is independent from the Telenet group of companies, will lend the gross proceeds of the Notes to Telenet International Finance S. à r. l., a subsidiary of Telenet NV, under an additional tranche under the Telenet group's existing credit facility (the "Senior Credit Facility"). The Notes will be secured by a first-ranking security interest over all of the capital stock and bank account of the Issuer and a first-ranking security interest over the Issuer's rights as a lender under the Senior Credit Facility. The Notes are obligations of the Issuer alone and not of - or guaranteed in any way by Telenet Group Holding NV, Telenet NV or any of their subsidiaries or affiliates.

cfr Press Release