Virgin Media Inc.: Transaction In Own Shares

LONDON--(BUSINESS WIRE)-- Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED) yesterday announced the repurchase of 1,801,312 shares of common stock on 22 September, 2011 as a part of the $250 million capped accelerated stock repurchase programme previously announced on 8 September, 2011. The repurchased shares will be cancelled. As of 22 September, 2011, after giving effect to the cancellation of these shares, the number of shares of common stock issued and outstanding will be 300,748,398. The purchase price per share of common stock will be determined with respect to all the shares delivered by Goldman Sachs & Co. prior to 8 December, 2011 as set out in further detail in our Current Report on Form 8-K as filed with the U.S. Securities and Exchange Commission (SEC) on 8 September, 2011.

The Current Report on Form 8-K, as filed with the U.S. Securities and Exchange Commission (SEC) on 8 September, 2011, may be viewed on the SEC website at www.sec.gov and on the Virgin Media website at www.virginmedia.com/investors.

Source: Virgin Media Inc.

CONTACT:

Virgin Media Investor Relations
Richard Williams: +44 (0)1256 753037 / richard.williams@virginmedia.co.uk
or
Vani Bassi: +44 (0)1256 752347 / vani.bassi@virginmedia.co.uk
Media contacts
At Tavistock Communications, Matt Ridsdale: +44 (0) 20 7920 3150 / mridsdale@tavistock.co.uk

KEYWORDS:   United Kingdom  Europe

INDUSTRY KEYWORDS:   Technology  Telecommunications  Professional Services  Finance

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