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NTL Inc (NTL)

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Thursday 09 November, 2006

NTL Inc

Statement re. Press Comment

NTL Inc
09 November 2006

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



9 November 2006

               NTL INC. ("NTL") DISCUSSIONS WITH ITV PLC ("ITV")



NTL notes the press speculation concerning ITV.  NTL confirms that it has
advised ITV of its interest in exploring a possible combination transaction and
has scheduled an initial conversation with ITV to that end.  This process is at
a very preliminary stage and there is no assurance that these discussions will
lead to any offer being made for ITV.



Enquiries



M: Communications                          Tel: 020 7153 1530

Nick Miles
Nick Fox
Lisa Gordon




Notes

This announcement does not constitute an offer to sell or an invitation to
purchase any securities or the solicitation of an offer to buy any securities

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"Takeover Code"), if any person is, or becomes, "interested" (directly or
indirectly) in 1% or more of any class of "relevant securities" of ITV or NTL,
all "dealings" in any "relevant securities" of that company (including by means
of an option in respect of, or a derivative referenced to, any such "relevant
securities") must be publicly disclosed by no later than 3.30 pm (London time)
on the London business day following the date of the relevant transaction.  This
 requirement will continue until the date on which any offer becomes, or is
declared, unconditional as to acceptances, lapses or is otherwise withdrawn or
on which the "offer period" otherwise ends.  If two or more persons act together
pursuant to an agreement or understanding, whether formal or informal, to
acquire an "interest" in "relevant securities" of ITV or NTL, they will be
deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Takeover Code, all "dealings" in
"relevant securities" of ITV or NTL by ITV or NTL or by any of their respective
"associates", must be disclosed by no later than 12.00 noon (London time) on the
London business day following the date of the relevant transaction.

 A disclosure table, giving details of the companies in whose "relevant
securities" "dealings" should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk.

 "Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities.  In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Takeover Code, which can also be
found on the Panel's website.  If you are in any doubt as to whether or not you
are required to disclose a "dealing" under Rule 8, you should consult the Panel.






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