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UTV PLC (UTV)

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Friday 12 October, 2007

UTV PLC

Scheme of arrangement

UTV PLC
12 October 2007

          
                                    UTV plc

          Announcement of Court Approval of the Scheme of Arrangement

The Board of UTV plc ('UTV') announces that the High Court of Justice in
Northern Ireland today sanctioned the scheme of arrangement of UTV as set out in
the circular to shareholders dated 24 August 2007 (which also incorporated a
prospectus of UTV Media plc) (the 'Scheme'). The Scheme and its implementation
were approved by shareholders of UTV on 19 September 2007.

It is intended that an office copy of the court order sanctioning the Scheme and
the minute confirming the reduction of capital in relation to the Scheme will be
delivered to the Registrar of Companies in Northern Ireland for registration,
and that the Scheme will become effective, on Monday 15 October 2007.  The last
day for dealings in ordinary shares of UTV will be today (12 October 2007) and
dealings in ordinary shares of UTV's new parent company, UTV Media plc, will
commence at 8.00 a.m. on Monday 15 October 2007.


Enquiries:

UTV

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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