Telenet Group Holding NV

Major Shareholding Notification • Oct 11, 2017

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

Disclosure of a transparency notification

Brussels, 11 October 2017 – 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 10 October 2017, it received a transparency notification from BNP Paribas Investment Partners SA in accordance with articles 6 and 18 of the Law of 2 May 2007.

This transparency notification shows that following the disposal of shares with voting rights of Telenet on 29 Augustus 2013, the shareholding of BNP Paribas Investment Partners SA in the Company has fallen below the 3% threshold.

The notification received from BNP Paribas Investment Partners SA, dated 29 September 2017, contains the following information:

• Purpose of the notification Acquisition or disposal of voting securities or voting rights Crossing of the minimum threshold to below the threshold
• Notification by A person that notifies alone
• Person(s) required to notify BNP Paribas Investment Partners SA Rue du Progrès 55, 1210 Brussels, Belgium
• Transaction date 29 August 2013
• Threshold crossed 3%
• Denominator 114,922,468
• Details of the notification

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
BNP Paribas Investment Partners SA
		TOTAL

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
TOTAL (in relation to all expiration dates)
		TOTAL (voting rights & equivalent financial instruments)			# of voting rights % of voting	rights

Chain of controlled undertakings through which the holding is effectively held

BNP Paribas Investment Partners SA is controlled by the parent company BNP P SA which benefits from the exemption of aggregating its shareholdings with those of its investment company subsidiaries, in accordance with Article 21 of the Royal Decree of 14 February 2008 on the disclosure of significant holdings.

Additional information

The notification of BNP Paribas Investment Partners SA was made late because of issues with its IT systems on 29 August 2013.

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

Contacts

Investor Relations:	Rob Goyens	rob.goyens@telenetgroup.be	+32 15 333 054
Press & Media:	Stefan Coenjaerts	stefan.coenjaerts@telenetgroup.be	+32 15 335 006
Legal:	Bart van Sprundel	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 57% owned by Liberty Global the world's largest international TV and broadband company, investing, innovating and empowering people in more than 30 countries across Europe, Latin America and the Caribbean 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 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 2016 as well as unaudited condensed consolidated interim financial statements and presentations related to the financial results for the six months ended June 30, 2017 have been made available on the investor relations pages of the Company's website (http://investors.telenet.be).

This document has been published on 11 October 2017 at 21.00 CET