Telenet Group Holding NV

Transaction in Own Shares • May 13, 2014

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.

Mechelen, May 13, 2014 – Telenet Group Holding NV ("Telenet" or "the Company") (Euronext Brussels: TNET) hereby discloses information in accordance with Article 207 of the Royal Decree of January 30, 2001 in execution of the Belgian Company Code:

Under the Share Repurchase Program 2014 as announced on February 13, 2014, the Company reports today that during the period from May 9 until May 13, 2014, the following transactions took place either through the regulated market of NYSE Euronext Brussels or through block trades in accordance with applicable regulations:

Date of repurchase	Number of shares	Average price paid	Highest price paid	Lowest price paid	Total
May 9, 2014	25,297	€ 42.0349	€ 42.200	€ 41.700	€ 1,063,356.87
May 12, 2014	12,531	€ 41.9880	€ 42.055	€ 41.940	€ 526,151.63
May 13, 2014	12,270	€ 41.9905	€ 42.000	€ 41.965	€ 515,223.44

The Company currently holds 396,052 own shares (previous update: 354,954 own shares), representing 0.34% of the total number of outstanding shares (previous update: 0.30%).

All repurchased shares under the Share Repurchase Program 2014 (currently 1,100,000 own shares, i.e. the maximum number of shares to be repurchased under the Share Repurchase Program 2014) are held by the Company to cover the Company's obligations under existing stock option plans.

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

Contacts
Investor Relations:	Rob Goyens	– rob.goyens@staff.telenet.be	– Phone: +32 15 333 054
Press & Media Relations:	Stefan Coenjaerts	– stefan.coenjaerts@staff.telenet.be	– Phone: +32 15 335 006
Legal:	Dieter Nieuwdorp	– dieter.nieuwdorp@staff.telenet.be	– Phone: +32 15 335 862

About Telenet – Telenet is a leading provider of media and telecommunication services. Its business comprises the provision of cable television, high speed internet and fixed and mobile telephony services, primarily to residential customers in Flanders and Brussels. In addition, Telenet offers services to business customers across Belgium under the brand Telenet for Business. Telenet is listed on the Euronext Brussels Stock Exchange under the ticker symbol TNET and is part of the BEL20 stock market index.

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 2013 has been made available on the investor relations pages of the Company's website (http://investors.telenet.be).

This document has been released on May 13, 2014 at 10:00 pm CET