Bond Issue

ITV PLC 27 September 2006 Bond Issue ITV plc, the UK's leading commercial broadcaster, yesterday priced a €500 million Eurobond issue with a 2011 maturity and a £250 million Eurosterling issue with a 2017 maturity. Bookrunners for the Eurobond issue were Barclays Capital, Citigroup and Societe Generale and bookrunners for the Eurosterling issue were ABN AMRO, Barclays Capital and HSBC. The bonds were issued under ITV's £1.5 billion Euro Medium Term Note programme which is rated BBB-, BBB- and Baa3 by Fitch, Standard & Poor's and Moody's respectively. The Eurobond issue will carry an annual coupon of 4.75% and was priced to yield 110 basis points over mid swaps. The Eurobond issue proceeds are to be swapped to Sterling. The Eurosterling issue will carry an annual coupon of 6.125% and was priced to yield 160 basis points over the 4.75% 2017 gilt due 2015. The bonds were sold to a broad range of investors within the UK, Europe and Asia. John Cresswell, Finance Director of ITV, said: 'We have been extremely pleased with the very strong demand from investors for both bond issues. The proceeds will provide ITV with long-term core financing, allowing us to extend our debt maturity profile and prefinance some forthcoming debt maturities at an attractive level.' -ENDS- Contacts: ITV Tel: 020 7843 8000 James Tibbitts Company Secretary Charles van der Welle Director of Treasury Brigitte Trafford Communications Director Georgina Blackburn Head of Investor Relations Citigate Dewe Rogerson Tel: 020 7638 9571 Simon Rigby George Cazenove Notes to Editors: About ITV ITV is Britain's biggest and most popular commercial broadcaster, with 82% of people in the UK watching ITV in any week. ITV's flagship channel - ITV1 - is the home of the most popular drama and entertainment programmes on British television and ITV2, 3 and 4 are among the most popular channels on multi-channel television. This information is provided by RNS The company news service from the London Stock Exchange

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