Acq of Interest in ITV

ITV PLC 20 November 2006 ITV Plc Acquisition of Interest in the Company ITV Plc notes the acquisition by British Sky Broadcasting of a 17.9% stake in ITV Plc. British Sky Broadcasting have confirmed to ITV Plc that they have no intention of acquiring shares in ITV resulting in their total stake exceeding 19.9% or of making an offer for the whole of ITV Plc's remaining share capital. British Sky Broadcasting is constrained under the Communications Act 2003 from holding in excess of 20% of ITV Plc. British Sky Broadcasting has further confirmed their wish to be a supportive shareholder, working constructively with ITV Plc, and exploring options to create value for all shareholders. The Board of ITV Plc looks forward to such discussions with British Sky Broadcasting in due course. ITV Plc Tel: 0207 843 8000 Georgina Blackburn - Head of Investor Relations Brigitte Trafford - Communications Director Dealing Disclosure Requirements Under the provisions of Rule 8.3 of the Takeover Code (the 'Code'), if any person is, or becomes, 'interested' (directly or indirectly) in 1% or more of any class of 'relevant securities' of NTL or of ITV, all 'dealings' in any 'relevant securities' of that company (including by means of an option in respect of, or a derivative referenced to, any such 'relevant securities') must be publicly disclosed by no later than 3.30 pm (London time) on the London business day following the date of the relevant transaction. This requirement will continue until the date on which the offer becomes, or is declared, unconditional as to acceptances, lapses or is otherwise withdrawn or on which the 'offer period' otherwise ends. If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire an 'interest' in 'relevant securities' of NTL or ITV, they will be deemed to be a single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of the Code, all 'dealings' in 'relevant securities' of NTL or of ITV by NTL or ITV, or by any of their respective 'associates', must be disclosed by no later than 12.00 noon (London time) on the London business day following the date of the relevant transaction. A disclosure table, giving details of the companies in whose 'relevant securities' 'dealings' should be disclosed, and the number of such securities in issue, can be found on the Takeover Panel's website at www.thetakeoverpanel.org.uk. 'Interests in securities' arise, in summary, when a person has long economic exposure, whether conditional or absolute, to changes in the price of securities. In particular, a person will be treated as having an 'interest' by virtue of the ownership or control of securities, or by virtue of any option in respect of, or derivative referenced to, securities. Terms in quotation marks are defined in the Code, which can also be found on the Panel's website. If you are in any doubt as to whether or not you are required to disclose a 'dealing' under Rule 8, you should consult the Panel. Lazard & Co., Limited ('Lazard'), which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting as financial adviser to ITV and no-one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than ITV for providing the protections afforded to clients of Lazard nor for providing advice in relation to any matter referred to herein. This information is provided by RNS The company news service from the London Stock Exchange

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ITV (ITV)
Investor Meets Company
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