PRESS RELEASE

The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments admitted to trading on a regulated market.

Disclosure of a transparency notification

Brussels, 5 June 2019 – Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) hereby discloses, in accordance with article 14, first paragraph of the Law of 2 May 2007, that, on 3 June 2019 and on 5 June 2019, it received two transparency notification dated 30 May 2019 and 3 June 2019 respectively from BlackRock, Inc., BlackRock (Netherlands) B.V., BlackRock (Singapore) Limited, BlackRock Advisors (UK) Limited, BlackRock Advisors, LLC, BlackRock Asset Management Canada Limited, BlackRock Asset Management Deutschland AG, BlackRock Asset Management North Asia Limited, BlackRock Financial Management, Inc., BlackRock Fund Advisors, BlackRock Institutional Trust Company, National Association, BlackRock International Limited, BlackRock Investment Management (Australia) Limited, BlackRock Investment Management (UK) Limited, BlackRock Investment Management, LLC and BlackRock Japan Co., Ltd., in accordance with articles 6 and 18 of the Law of 2 May 2007.

(1) In its notification dated 30 May 2019, received on 3 June 2019, BlackRock, Inc. reports that its total shareholding as well as voting rights attached to shares in Telenet (aggregated with its controlled undertakings listed above) has dropped below the 3% threshold on 29 May 2019.
(2) In its notification dated 3 June 2019, received on 5 June 2019, BlackRock, Inc. reports that its total shareholding Telenet (aggregated with its controlled undertakings listed above) has exceeded the 3% threshold on 30 May 2019.

1. TRANSPARENCY NOTIFICATION RECEIVED ON 3 JUNE 2019, DATED 30 MAY 2019, THRESHOLD CROSSING ON 29 MAY 2019

The transparency notification received on 3 June 2019 contains the following information:

Reason for the notification Acquisition or disposal of voting securities or voting rights Downward crossing of the lowest threshold
Notification by A parent company or a controlling person

•	Persons subject to the notification requirement
	BlackRock, Inc.	55 East 52nd Street, New York, NY,
		10055, U.S.A.
BlackRock (Netherlands) B.V.		Rembrandt Tower, 17th floor,
		Amstelplein, Amsterdam, Netherlands
	BlackRock (Singapore) Limited	20 Anson Road #18-01, Singapore,
		79912, Singapore
	BlackRock Advisors (UK) Limited	12 Throgmorton Avenue, London,
		EC2N 2DL, U.K.
	BlackRock Advisors, LLC	100 Bellevue Parkway, Wilmington,
		DE, 19809, U.S.A.
	BlackRock Asset Management Canada	161 Bay Street, Suite 2500, Toronto,
	Limited	Ontario, M5J 2S1, Canada
	BlackRock Asset Management	Lenbachplatz 1, 1st floor, Munich,
	Deutschland AG	80333-MN3, Germany

Date on which the threshold is crossed 29 May 2019
Threshold that is crossed 3%
Denominator 115,835,283

• Notified details

A) Voting rights	Previous notification	After the transaction
	# voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
BlackRock, Inc.	0	0		0.00%
BlackRock (Netherlands) B.V.	8,524	8,524		0.01%
BlackRock (Singapore) Limited	1,907	1,907		0.00%
BlackRock Advisors (UK) Limited	848,507	801,942		0.69%
BlackRock Advisors, LLC	30,111	25,378		0.02%
BlackRock Asset Management Canada Limited	30,877	30,877		0.03%
BlackRock Asset Management Deutschland AG	100,871	115,385		0.10%
BlackRock Asset Management North Asia Limited	360	725		0.00%
BlackRock Financial Management, Inc.	1,911	1,582		0.00%
BlackRock Fund Advisors	638,248	602,084		0.52%
BlackRock Institutional Trust Company, National Association	770,655	778,049		0.67%
BlackRock International Limited	945	945		0.00%

BlackRock Investment Management (Australia) Limited	12,909	11,369		0.01%
BlackRock Investment Management (UK) Limited	843,815	875,239		0.76%
BlackRock Investment Management, LLC	63,535	62,463		0.05%
BlackRock Japan Co., Ltd.	180,706	37,005		0.03%
Subtotal	3,533,881	3,353,474		2.90%
	TOTAL	3,353,474	0	2.90%	0.00%

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration Date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent			37,284	0.03%	Physical
BlackRock Investment Management (UK) Limited	Securities Lent			13,292	0.01%	Physical
BlackRock Advisors (UK) Limited	Contract for Difference			970	0.00%	Cash
BlackRock Advisors, LLC	Contract for Difference			2,893	0.00%	Cash
BlackRock Institutional Trust Company, National Association	Contract for Difference			9,065	0.01%	Cash
BlackRock Investment Management (UK) Limited	Contract for Difference			3,940	0.00%	Cash
BlackRock Investment Management, LLC	Contract for Difference			38,837	0.03%	Cash
TOTAL				106,281	0.09%

TOTAL (A & B)	# of voting rights	% of voting rights
	3,459,755	2.99%

• Full chain of controlled undertakings through which the holding is effectively held

Name

BlackRock, Inc. Trident Merger, LLC BlackRock Investment Management, LLC

BlackRock, Inc.

BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Investment Management (UK) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Australia Holdco Pty. Ltd. BlackRock Investment Management (Australia) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock International Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Institutional Trust Company, National Association

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Fund Advisors

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock HK Holdco Limited BlackRock Asset Management North Asia Limited BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Investment Management (UK) Limited BlackRock Asset Management Deutschland AG

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC

• Additional information

The disclosure obligation arose due to total holdings and voting rights attached to shares in Telenet for BlackRock, Inc. going below 3%.

2. TRANSPARENCY NOTIFICATION RECEIVED ON 5 JUNE 2019, DATED 3 JUNE 2019, THRESHOLD CROSSING ON 30 MAY 2019

The transparency notification received on 5 June 2019 contains the following information:

Reason for the notification Acquisition or disposal of voting securities or voting rights
Notification by A parent company or a controlling person

• Persons subject to the notification requirement BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.

BlackRock Asset Management Canada Limited

BlackRock Asset Management Deutschland AG BlackRock Asset Management North

Asia Limited

BlackRock Institutional Trust Company, National Association

BlackRock Investment Management (Australia) Limited BlackRock Investment Management (UK) Limited BlackRock Investment Management, LLC BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust

BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K. BlackRock Advisors, LLC 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A. 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada Lenbachplatz 1, 1st floor, Munich, 80333-MN3, Germany 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central, Hong Kong BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A. BlackRock Fund Advisors 400 Howard Street, San Francisco, CA, 94105, U.S.A. 400 Howard Street, San Francisco, CA, 94105, U.S.A. BlackRock International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K. Level 26, 101 Collins Street, Melbourne, VIC 3000, Australia 12 Throgmorton Avenue, London, EC2N 2DL, U.K. 1 University Square Drive, Princeton, NJ, 8540, U.S.A.

Tower Main, Tokyo, 100-8217, Japan

• Date on which the threshold is crossed 30 May 2019

Threshold that is crossed 3%
Denominator 115,835,283
Notified details

A)	Voting rights	Previous notification	After the transaction
		# voting rights		# of voting rights	% of voting rights
Holders of voting rights			Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
BlackRock, Inc.		0	0		0.00%
	BlackRock (Netherlands) B.V.	8,524	8,524		0.01%
	BlackRock (Singapore) Limited	1,907	1,907		0.00%
	BlackRock Advisors (UK) Limited	801,942	782,064		0.68%
	BlackRock Advisors, LLC	25,378	25,378		0.02%
	BlackRock Asset Management Canada Limited	30,877	30,877		0.03%
	BlackRock Asset Management Deutschland AG	115,385	153,957		0.13%
	BlackRock Asset Management North Asia Limited	725	659		0.00%
BlackRock Financial Management, Inc. BlackRock Fund Advisors		1,582	1,582		0.00%
		602,084	601,654		0.52%
	BlackRock Institutional Trust Company, National Association	778,049	778,472		0.67%
	BlackRock International Limited	945	945		0.00%
	BlackRock Investment Management (Australia) Limited	11,369	11,369		0.01%
	BlackRock Investment Management (UK) Limited	875,239	936,857		0.81%
	BlackRock Investment Management, LLC	62,463	62,637		0.05%
	BlackRock Japan Co., Ltd.	37,005	36,996		0.03%
	Subtotal	3,353,474	3,433,878		2.96%
		TOTAL	3,433,878	0	2.96%	0.00%

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration Date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent			37,284	0.03%	Physical
BlackRock Investment Management (UK) Limited	Securities Lent			13,292	0.01%	Physical
BlackRock Advisors (UK) Limited	Contract for Difference			970	0.00%	Cash
BlackRock Advisors, LLC	Contract for Difference			2,893	0.00%	Cash

BlackRock Institutional Trust Company, National Association	Contract for Difference	9,277	0.01%	Cash
BlackRock Investment Management (UK) Limited	Contract for Difference	4,438	0.00%	Cash
BlackRock Investment Management, LLC	Contract for Difference	38,837	0.03%	Cash
	TOTAL	106,991	0.09%

		% of
TOTAL (A & B)	# of voting rights	voting
		rights
	3,540,869	3.06%

• Full chain of controlled undertakings through which the holding is effectively held

Name

BlackRock, Inc. Trident Merger, LLC BlackRock Investment Management, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P.

BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock International Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Fund Advisors

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Canada Holdings LP BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC

• Additional information

The disclosure obligation arose due to total holdings for BlackRock, Inc. going above 3%.

The full text of these notifications is also available on our investor website: http://investors.telenet.be.

Contacts
Investor Relations:	Rob Goyens	[email protected]	+32 15 333 054
	Bart Boone	[email protected]	+32 15 333 699
	Dennis Dendas	[email protected]	+32 15 332 142
Press & Media:	Stefan Coenjaerts	[email protected]	+32 15 335 006
Legal:	Bart van Sprundel	[email protected]	+32 15 333 495

About Telenet – As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels. Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant. Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Liberty Global - the world's largest international TV and broadband company, investing, innovating and empowering people in more than 10 countries across Europe to make the most of the digital revolution – owns a direct stake of 57.3% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).

Additional Information – Additional information on Telenet and its products can be obtained from the Company's website http://www.telenet.be. Further information regarding the operating and financial data presented herein can be downloaded from the investor relations pages of this website. The Company's Consolidated Annual Report 2018 as well as unaudited condensed consolidated interim financial statements and presentations related to the financial results for the three months ended March 31, 2019 have been made available on the investor relations pages of the Company's website (http://investors.telenet.be).

This document has been released on 5 June 2019 at 6:00 pm CET

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Telenet Group Holding NV

4008_mrq_2019-06-05_4a7e4937-74d3-4cda-9725-c5693ea0096d.pdf

PRESS RELEASE

Disclosure of a transparency notification

1. TRANSPARENCY NOTIFICATION RECEIVED ON 3 JUNE 2019, DATED 30 MAY 2019, THRESHOLD CROSSING ON 29 MAY 2019

• Notified details

• Full chain of controlled undertakings through which the holding is effectively held

Name

• Additional information

2. TRANSPARENCY NOTIFICATION RECEIVED ON 5 JUNE 2019, DATED 3 JUNE 2019, THRESHOLD CROSSING ON 30 MAY 2019

• Persons subject to the notification requirement BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.

Name

• Additional information

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