Liberty Global Commences Exchange Offer for any and all of its 4½% Convertible Senior Notes Due 2016

Liberty Global LBTYA LBTYB and LBTYK) today announced an exchange offer for any and all of its outstanding 4½% Convertible Senior Notes due 2016 US (the “Notes”). The Notes, which are convertible into shares of Liberty Global's Series A common stock and Series C common stock, have an outstanding aggregate principal amount of $935.0 million. Holders who elect to exchange their Notes in the exchange offer will receive, for each $1,000 principal amount of Notes, the following: 28.2602 shares of Series A common stock, 9.4201 shares of Series C common stock and cash in the amount of $200, plus an amount equal to accrued but unpaid interest on such principal amount of Notes to but excluding the settlement date, payable in cash.