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Friday 31 March, 2006

Goldman Sachs Intl

Response to ITV announcement

Goldman Sachs International
31 March 2006

   NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES,
                           AUSTRALIA, CANADA OR JAPAN



31 MARCH 2006

 FUNDS ADVISED BY Apax Partners, THE BLACKSTONE GROUP AND Goldman Sachs Capital
                                    Partners

                 Statement IN RESPONSE TO ITV PLC ANNOUNCEMENT

Funds advised by or affiliated with Apax Partners, The Blackstone Group and GS
Capital Partners V Fund, L.P. (the 'Consortium') note ITV's announcement today
relating to its revised investment proposal.



In the light of the response from the Board of ITV, the Consortium has decided
not to proceed further with its proposal.



For the purposes of Rule 2.8 of The City Code on Takeovers and Mergers, the
Consortium reserves the right to make or participate in an offer within the next
six months with the agreement or recommendation of the Board of ITV, or in the
event that a third party announces a firm intention to make an offer for ITV, or
ITV announces a whitewash proposal or a reverse takeover or there is a material
change in circumstances.



Enquiries

Goldman Sachs International

Simon Dingemans                                  Tel: +44 20 7774 1000

Sebastian Grigg



Brunswick

James Bradley                                       Tel: +44 20 7404 5959

Fiona Laffan





Goldman Sachs International is acting for Apax Partners Worldwide LLP,
Blackstone Management Partners V L.L.C. and GS Capital Partners V Fund, L.P. and
no one else in connection with the Consortium's proposal to ITV and will not be
responsible to anyone other than Apax Partners Worldwide LLP, Blackstone
Management Partners V L.L.C. and GS Capital Partners V Fund, L.P. for providing
the protections afforded to clients of Goldman Sachs International, nor for
providing advice in relation to the Consortium's proposal to ITV.


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