Liberty Global Completes Czech, Belgian Deals

DENVER, January 3: Liberty Global has completed its
acquisition of Czech cable platform Karneval and the sale of its Belgian cable
business UPC Belgium.

Karneval, the second largest cable operator in the Czech
Republic, was acquired for 322.5 million euros (US$428.3 million) and is now
part of the UPC Broadband group.

UPC Belgium was sold to Telenet Group Holding for 184.5
million euros (US$245 million). Telenet is the largest cable operator in
Belgium.