Press release: First Nine Months 2009 Results Telenet

Mechelen, October 29, 2009 -  Telenet Group Holding NV ("Telenet"  or
the "Company")  (Euronext  Brussels: TNET)  announces  its  unaudited
consolidated  results   under   International   Financial   Reporting
Standards as adopted by the European  Union ("EU GAAP") for the  nine
months ended September 30, 2009.
 
HIGHLIGHTS
 -Continued robust  Q3 2009  net additions:  broadband +30,000  (+30%
yoy), fixed  telephony  +21,000 (+37%  yoy)  and Telenet  digital  TV
+64,000 (+60% yoy)
-  Year-to-date net additions for all residential products already or
close to exceeding full year 2008 levels;
-New marketing campaigns  for mobile  unveiled as  part of  conscious
transition towards Full-MVNO;
- Revenue of ¤881.9 million, up 19% versus prior year;
- EBITDA(2) of ¤459.6 million, up 24% versus prior year, yielding  an
EBITDA margin of 52.1%;
- Capital expenditures(3) of ¤215.3 million, including ¤76.3  million
related to set-top box rental;
- Free Cash Flow(4) of ¤148.1 million, equivalent to 17% of  revenue,
up 25% year-on-year;
- Net profit  of ¤72.7  million, compared  to ¤31.8  million for  the
prior year period;
- Full year  2009 outlook  upgraded: revenue  growth of  around  16%,
EBITDA growth of around 20%;
- Net Senior Debt to EBITDA leverage unchanged at 3.0x end  September
2009 vs. 3.7x at December  31, 2008, notwithstanding ¤0.50 per  share
capital disbursement paid on September 1, 2009.
 
Enclosed you can find the complete press release.
 
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