Telenet Group Holding NV

Transaction in Own Shares • Nov 5, 2018

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

Update on Share Repurchase Program 2018bis

Brussels, Nov 5, 2018 – Telenet Group Holding NV ("Telenet" or the "Company") (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 207 of the Royal Decree of January 30, 2001 implementing the Belgian Company Code.

In the framework of the Share Repurchase Program 2018bis, as announced on June 25, 2018, the Company reports today that during the period from October 29 until November 2, 2018, the following transactions took place through the central order book of the regulated market of Euronext Brussels:

Date of repurchase		Number of shares	Average price paid (€)	Highest price paid (€)	Lowest price paid (€)	Total (€)
October 29,	2018	55,732	45.95	46.32	44.86	2,561,148
October 30,	2018	56,590	45.77	46.14	45.28	2,590,049
October 31,	2018	42,281	42.39	46.02	40.74	1,792,490
November 01, 2018		87,035	44.95	45.90	43.02	3,912,512
November 02, 2018		95,139	45.60	46.34	44.40	4,338,550
Total		336,777				15,194,749

The Company currently holds 6,216,496 own shares 1 (previous update: 5,931,012 own shares), representing 5.28% of the total number of outstanding shares (previous update: 5.04%).

All repurchased shares under the Share Repurchase Program 2018bis (currently 3,910,782 own shares) will in first instance serve to cover Telenet's obligations towards its employees under its share option plans with the excess above 3.7 million repurchased shares being cancelled.

This information will also be available on the investor relations pages of our website (investors.telenet.be) under the Shareholders section.

Contacts
Investor Relations:	rob.goyens@telenetgroup.be	+32 15 333 054
	bart.boone@telenegroup.be	+32 15 333 699
	dennis.dendas@telenetgroup.be	+32 15 332 142
Press & Media:	stefan.coenjaerts@telenetgroup.be	+32 15 335 006
Legal:	bart.van.sprundel@telenetgroup.be	+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. Telenet is 58% owned by 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

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 2017 as well as unaudited condensed consolidated financial statements and presentations related to the financial results for the nine months ended September 30, 2018 have been made available on the investor relations pages of the Company's website (http://investors.telenet.be).

This document has been released on Nov 5, 2018 at 6:00 pm CET