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UTV Media PLC (UTV)

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Monday 15 October, 2007

UTV Media PLC

First Day of Dealings

UTV Media PLC
15 October 2007

                          UTV Media plc ('UTV Media')

                             First Day of Dealings


The scheme of arrangement (the 'Scheme') of UTV plc received sanction of the
High Court of Justice in Northern Ireland on 12 October 2007.   Following the
registration by the Registrar of Companies for Northern Ireland of an office
copy of the court order confirming the reduction of the capital of UTV plc, the
Scheme is now effective.


UTV Media therefore announces that pursuant to the Scheme it has issued in
aggregate 54,801,517 ordinary shares in the share capital of UTV Media (the 'New
Shares'). Approval has been given by the UK Listing Authority to admit the New
Shares to the Official List of the UK Listing Authority and permission granted
by the London Stock Exchange to admit the New Shares to trading on the Main
Market of the London Stock Exchange. Permission has also been granted by the
Irish Stock Exchange to admit the New Shares to the Official List of the Irish
Stock Exchange and to trading on its regulated market, with effect from 15
October 2007.

Enquiries:


UTV Media

John McCann, Group Chief Executive                   Tel: +44 (0)28 9026 2202
Paul O'Brien, Group Finance Director                 Tel: +44 (0)28 9026 2098






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