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Wednesday 05 October, 2005


Bond Issue

05 October 2005

5 October 2005

                               ITV plc Bond Issue

ITV, the UK's leading commercial broadcaster, today priced a £325 million
Eurosterling issue with a 2015 maturity. Bookrunners were Barclays Capital, The
Royal Bank of Scotland and UBS Investment Bank. The bonds were issued under
ITV's £1 billion Euro Medium Term Note programme which is rated BBB, BBB and
Baa2 by Fitch, Standard & Poor's and Moody's respectively. The bonds will carry
an annual coupon of 5.375%. The issue was priced to give a spread of 113 basis
points over the 4.75% 2015 gilt representing a re-offer yield to investors of
5.39% semi annual. The bonds were sold to a broad range of investors within the
UK, Europe and Asia.

Henry Staunton, Finance Director of ITV, said 'ITV's financial position has
continued to strengthen very significantly since the merger, enabling us to
reposition our debt profile more efficiently. We have been extremely pleased
with the very strong demand from investors for this Sterling bond and have
increased the issue to £325 million. This will provide ITV with long-term core
financing, extending our debt maturity profile and prefinancing some forthcoming
debt maturities at an attractive price reflecting our improved financial


ITV                                                   Tel: 020 7620 1620

James Tibbitts                                        Company Secretary
Charles van der Welle                                 Director of Treasury
Brigitte Trafford                                     Communications Director
Georgina Blackburn                                    Head of Investor Relations

Citigate Dewe Rogerson                                Tel: 020 7638 9571

Simon Rigby

                      This information is provided by RNS
            The company news service from the London Stock Exchange