Telenet announces payment of capital decrease

Mechelen, July 30, 2009 - At the extraordinary general  shareholders'
meeting held  on May  28,  2009, the  shareholders of  Telenet  Group
Holding NV (Euronext Brussels: TNET)  approved a capital decrease  of
EUR 0.50 per share.
 
The payment date  for the  distribution of the  capital decrease  has
been fixed on September  1, 2009.  As of  August 27, 2009 (ex  date),
the shares  and the  VVPR-strips  of Telenet  Group Holding  will  be
traded on  Euronext Brussels  ex coupon  no. 2.  The payment  of  the
capital decrease of  EUR 0.50 per  share will occur  on September  1,
2009.
 
The right to receive the payment will be represented by coupon no. 2.
As of September 1, 2009, shareholders  can obtain the payment at  the
branches of ING Belgium upon presentation of coupon no. 2.
 
Coupon no. 2 of the VPPR-strips  of Telenet Group Holding NV will  be
declared without value as from August 27, 2009.
 
The foregoing is  subject to  the relevant  provisions of  applicable
law.
 
Please find enclosed the complete press release.
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.