Response to Ofcom release

ITV PLC 08 February 2005 ITV WELCOMES COMPLETION OF OFCOM PSB REVIEW ITV welcomes the publication today of Ofcom's phase three report which completes the 15-month review of Public Service Broadcasting by the regulator. Overall, ITV agrees with Ofcom's diagnosis that the rapid transition to digital demands modernisation of the PSB commitments imposed on commercial public service broadcasters and, in particular, ITV1. For ITV, there is an opportunity to play a more focussed and effective PSB role in the run up to switchover. In particular ITV believes that Ofcom's proposals for regional broadcasting and production for ITV1, together with commitments made by ITV, will help the channel maintain and strengthen its commitment to the UK regions, rather than diminish it. For the first time, ITV will commit to the majority of UK network commissions being made outside London. This new network target will guarantee ITV network spending outside London of more than £250 million per annum. In addition, Ofcom make clear that ITV's regional news obligations will remain in place. ITV1 broadcasts more than 5,000 hours per year of regional news across 15 regions and 27 sub-regions. ITV has also agreed to introduce a new Regional Production Partnership fund which will run for at least three years, committing £3 million per annum to new commissions and development for the ITV network from new-to-network regional producers. Ofcom's proposals will lead to a reduction in non-news regional programmes broadcast in daytime and late at night. However none of the main peak-time non-news regional programmes and no regional news or regional current affairs programming will be affected. Commenting on the completion of the PSB review, Chief Executive of ITV plc Charles Allen said: 'ITV plc welcomes the publication today of the final Ofcom report which completes the PSB review. ITV has actively engaged in every stage of the process. We are particularly pleased that ITV's contribution to public service broadcasting in the UK has been acknowledged and endorsed by Ofcom.' Enquiries: ITV media relations Brigitte Trafford 020 7620 1620 Ruth Settle 020 7843 8225 Citigate Dewe Rogerson Simon Rigby 020 7638 9571 Anthony Kennaway This information is provided by RNS The company news service from the London Stock Exchange

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