Telenet Group Holding NV

Transaction in Own Shares • Mar 18, 2019

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, Mar 18, 2019 – 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 March 11, 2019 until March 15, 2019, 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 (€)
March 11, 2019	20,320	40.66	40.86	40.34	826,166
2018 March 12, 2019	20,903	40.60	40.80	40.24	848,688
2018 March 13, 2019	15,339	41.07	41.30	40.66	630,000
2018 March 14, 2019	15,690	41.59	41.76	41.40	652,614
March 15, 2019	22,045	42.24	42.44	41.84	931,176
Total	94,297				3,888,644

The Company currently holds 7,668,273 own shares 1 (previous update: 7,663,976 own shares), representing 6.51% of the total number of outstanding shares (previous update: 6.51%).

All repurchased shares under the Share Repurchase Program 2018bis (currently 5,581,040 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.

¹ During the period from March 11 until March 15, 2019, the Company has used 90,000 of its own shares to settle its outstanding obligations under the Company's stock option plans.

Contacts
Investor Relations:	rob.goyens@telenetgroup.be
	bart.boone@telenegroup.be	+32 15 333 054 +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. 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 – owns a direct stake of 56.36% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).

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 twelve months ended December 31, 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 Mar 18, 2019 at 6:00 pm CET