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Virgin Media Inc., a leading UK entertainment and communications business, today announced the pricing of the offering of approximately 1.5 billion equivalent aggregate principal amount of senior secured notes due 2018, split into a $1.0 billion U.S. dollar denominated tranche and a 875 million sterling denominated tranche of its wholly-owned subsidiary Virgin Media Secured Finance PLC in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended and outside the United States to certain non-U.S. persons pursuant to Regulation S under the Securities Act.

The notes will rank pari passu with Virgin Media's senior credit facility and, subject to certain exceptions; share in the same guarantees and security which has been granted in favour of its senior credit facility.

The dollar denominated notes will bear interest at a rate of 6.5% per annum and the sterling denominated notes will bear interest at a rate of 7.0% per annum. Interest on each series of notes will be payable in cash semi-annually in arrears beginning on June 15, 2010. Each series of notes will mature on January 15, 2018.

The issue price of the dollar denominated notes is 98.488% of the principal amount and the issue price of the sterling denominated notes is 98.503% of the principal amount. The net proceeds from the offering, taking into account fees, expenses and a deferred fee, are estimated to be approximately 1,453 million, based on a $exchange rate of $1.5993 on January 8, 2010.

Virgin Media intends to use the net proceeds from the notes offering to prepay the outstanding Tranches A-A3 and Tranches B1-B6 and a portion of the outstanding Tranches B7-B12 under its senior credit facility.

It is anticipated that Virgin Media will prepay approximately 286 million of Tranches A-A1, approximately 677 million of Tranches A2-A3, approximately 165 million of Tranches B1-B6 and approximately 325 million pound of Tranches B7-B12. The amortization schedule under Virgin Media's senior credit facility as of September 30, 2009, as revised for the anticipated prepayments from the proceeds of the notes offering, will be as follows: March 2011--0 million, June 2012--0 million pound, September 2012--1,374 million pound, March 2013--300 million pound.

Important Information
This announcement is neither an offer to sell nor a solicitation to buy any of the securities described herein and shall not constitute an offer, solicitation or sale in any jurisdiction in which such an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Virgin Media cautions you that statements included in this press release that are not a description of historical facts are forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Virgin Media's results to differ materially from historical results or those expressed or implied by such forward-looking statements.