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UTV Media PLC (UTV)

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Monday 17 November, 2008

UTV Media PLC

Notification of Major Interest in Shares


TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     UTV Media plc                  
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights          Yes       
                                                                               
An acquisition or disposal of financial instruments which may result           
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):______________                                          
                                                                               
3. Full name of person(s) subject to    Organo Investments Limited             
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if      Peter Crowley                          
different from 3):                                                             
                                        Neill Hughes                           
                                                                               
5. Date of transaction (and date on     14 November 2008                       
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       17 November 2008                       
                                                                               
7. Threshold(s) that is/are crossed or  Exceeds 11%                            
reached:                                                                       

8: Notified Details                                                            
                                                                               
A: Voting rights attached to shares                                            
                                                                               
Class/type Situation previous  Resulting situation after the triggering        
of shares  to the triggering   transaction                                     
           transaction                                                         
If                                                                             
possible   Number of Number of Number of  Number of voting    Percentage of    
use ISIN   shares    voting    shares     rights              voting rights    
code                 rights                                                    
                                          Direct     Indirect Direct   Indirect
                                                                               
B244WQ16   9,150,000 9,150,000 10,950,000 10,950,000    -      11.42%     -    

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the                 
                                              instrument                       
                                              exercised/                       
                                              converted)                       
                                                                               
Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
10,950,000                              11.42%                                 

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
Proxy Voting:                                                                  
                                                                               
10. Name of proxy holder:               n/a                                    
                                                                               
11. Number of voting rights proxy       n/a                                    
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will     n/a                                    
cease to hold voting rights:                                                   

13. Additional information:                                                    
                                                                               
14 Contact name:                        Neil McGowan                           
                                                                               
15. Contact telephone name:             +353-1-6637630                         

                                                                  MHC-1245884-1

                                                                  MHC-1245884-1

                                                                  MHC-1245884-1