Telenet Group Holding NV

Notice of Dividend Amount • Jun 16, 2011

Telenet details payment of capital reduction

• ► Payment of €4.50 per share to shareholders on July 29, 2011;
• ► Attractive net yield of 15% at current market price.

Mechelen, June 16, 2011 – On April 27, 2011, the extraordinary general shareholders' meeting of Telenet Group Holding NV (Euronext Brussels: TNET) approved the proposed shareholder disbursement of €4.50 per share.

The payment date for the distribution of the capital reduction has been fixed on July 29, 2011. As of July 26, 2011 (ex date), the shares and the VVPR‐strips of Telenet Group Holding will be traded on Euronext Brussels ex coupon no. 4. The record date will be July 28, 2011.

The right to receive the payment will be represented by coupon no. 4. The effective payment of the shareholder disbursement for registered and dematerialized shares will occur on July 29, 2011. As of July 29, 2011, holders of bearer shares can obtain the payment at the branches of ING Belgium upon presentation of coupon no. 4.

Coupon no. 4 of the VVPR‐strips of Telenet Group Holding NV will be declared without value as from July 26, 2011.

Contacts

Investor Relations &

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Corporate Communication: Vincent Bruyneel – vincent.bruyneel@staff.telenet.be – Phone: +32 15 335 696 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

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.