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ITV PLC (ITV)

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Monday 07 April, 2008

ITV PLC

Disposal

ITV PLC
07 April 2008

                                                                    7 April 2008



                      ITV SELLS STAKE IN ARSENAL BROADBAND



ITV plc today announced it has completed the sale of its 50% share in Arsenal
Broadband Limited to KSE UK, Inc, a vehicle controlled by Stan Kroenke, for a
total consideration of £22.7m.



The total received by ITV from KSE for its interests in Arsenal is £65m.



The sale of this stake brings to a conclusion ITV plc's football asset disposal
programme. Since February 2007 ITV plc has also successfully completed the sale
of its shareholding in Liverpool Football Club and Athletic Grounds Plc for
£17.4m; the sale of its stake in MUTV for £3.3m; and the sale of its stake in
Liverpoolfc.tv for £15.75m.



ITV plc has now raised over £620m through the disposal of non-core assets since
the merger of Granada and Carlton in 2004.



Tom Betts, Commercial and Acquisitions Director, ITV plc, said:



'This completes the sale of our football assets which has seen us successfully
raise £101 million from those football assets in just over a year.



We would like to wish Arsenal.com and KSE UK, Inc the very best for the future.'







For further enquiries please contact:



ITV plc

Tel: 0844 8818000

Press enquiries

Ruth Settle



Investor enquiries

Pippa Strong - Head of Investor Relations



Tulchan Communications

Tel: 0207 353 4200

Andrew Grant

Susannah Voyle

Lizzie Morgan



Website: www.itv.com; investor information: www.itvplc.com






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