Telenet Group Holding NV

Transaction in Own Shares • Feb 29, 2012

Press Release

Regulated information February 29, 2012

Disclosure in accordance with the Royal Decree of January 30, 2001

Update on Share Repurchase Program 2012

Mechelen, February 29, 2012 – 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 2012 as announced on February 16, 2012, the Company reports today that during the period from February 20 until February 29, 2012, the following transactions took place on the regulated market of NYSE Euronext Brussels:

Date of repurchase	Number of shares	Average price	Highest Price	Lowest price	Total
February 20, 2012	28,427	€ 29.3876	€ 29.480	€ 29.190	€ 835,401.31
February 21, 2012	25,946	€ 29.5227	€ 29.650	€ 29.280	€ 765,995.97
February 22, 2012	15,000	€ 29.2267	€ 29.605	€ 29.060	€ 438,400.50
February 23, 2012	15,000	€ 29.2955	€ 29.410	€ 29.135	€ 439,432.50
February 24, 2012	14,781	€ 29.4401	€ 29.590	€ 29.295	€ 435,154.12
February 27, 2012	14,500	€ 29.4489	€ 29.500	€ 29.360	€ 427,009.05
February 28, 2012	14,500	€ 29.6287	€ 29.815	€ 29.500	€ 429,616.15
February 29, 2012	14,000	€ 29.6443	€ 29.735	€ 29.560	€ 415,020.20

The Company currently holds 362,506 own shares (previous update: 220,352 own shares), being 0.32 % of the total outstanding shares (previous update: 0.19 %).

All repurchased shares under the Share Repurchase Program 2012 (currently 142,154 own shares) will be cancelled by the Company.

This information is also available on our investor website http://investors.telenet.be.

Contacts

	Investor Relations:
	Vincent Bruyneel		Rob Goyens
	VP IR, Corp. Comm. & CEO Office		Manager Investor Relations
	vincent.bruyneel@staff.telenet.be		rob.goyens@staff.telenet.be
	Phone: +32 15 335 696		Phone: +32 15 333 054
Legal:	Dieter Nieuwdorp	Press:	Stefan Coenjaerts
	VP Corporate Counsel – Legal		Corporate Communications
	dieter.nieuwdorp@staff.telenet.be		stefan.coenjaerts@staff.telenet.be
	Phone: +32 15 33 58 62		Phone: +32 15 33 55 44

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 Solutions. 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 our 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. Our Consolidated Annual Report 2010 and the Consolidated Half Year Financial Report 2011 have been made available on the investor relations pages of our website (investors.telenet.be).