Cinven and Warburg Pincus plan to further reduce stake in Ziggo N.V.

Cinven and Warburg Pincus plan to further reduce stake in Ziggo N.V.

Utrecht, October 25, 2012

·          Ziggo shareholders Cinven, Warburg Pincus and their co-investors
intend to sell ca. 37 million ordinary shares in Ziggo N.V. via accelerated book
·          Over-allotment option of up to an additional ca. 3 million ordinary
shares
·          Offering upsized yesterday night due to strong investor demand
·          Resulting in a stake of approximately 38.6% in Ziggo N.V., assuming
no exercise of the over-allotment option

Ziggo N.V. ("Ziggo") hereby announces that its major shareholders, Cinven Cable
Investments S.à r.l. and WP Holdings IV B.V. (respectively "Cinven" and "Warburg
Pincus") have last night (24 October 2012) announced an offering of ca. 25
million existing Ziggo N.V. shares owned by them and certain of their co-
investors (the "Offering"), with an over-allotment option of up to an additional
ca. 2 million shares and have later last night due to strong investor demand
announced an upsizing of the Offering to ca. 37 million shares with an over-
allotment option of up to an additional ca. 3 million shares.

The revised offer size is equivalent to 18.5% of Ziggo´s ordinary share capital,
excluding the over-allotment option.

The current direct combined ownership interest of Cinven, Warburg Pincus and
their co-investors is 114.2 million shares, representing 57.1% of Ziggo´s
ordinary share capital. After the completion of the transaction, assuming no
exercise of the over-allotment option, Cinven, Warburg Pincus and their co-
investors will own a combined 77.2 million shares in Ziggo, representing
approximately 38.6% of the capital.

The shares offered in the Offering will be placed in an accelerated private
placement to international and Dutch institutional investors on a Reg S basis,
and to US QIBs on a 144A basis. The price per share and the final number of
shares sold will be determined on completion of the bookbuilding.

In order to launch the Offering, Cinven, Warburg Pincus and their co-investors
have received a waiver of the current lock-up commitment, which was due to
expire next week, 1 November 2012. Cinven, Warburg Pincus and their co-investors
have agreed not to dispose of any further Ziggo shares for 90 days following the
completion of this Offering, subject to the customary exceptions.

Important notices
This document and the information contained herein is not for release,
publication or distribution in whole or in part in or into the United States.