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Ulster T.V. PLC (UTV)

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Tuesday 21 June, 2005

Ulster T.V. PLC

Offer Update

Ulster Television PLC
21 June 2005

21 June 2005





                             Ulster Television plc


                  Recommended offer for The Wireless Group plc


       Closure of Partial Share Alternative and Additional Share Facility



On 6 May 2005, UTV announced a cash offer with a Partial Share Alternative and
an Additional Share Facility to acquire the entire issued and to be issued
ordinary share capital of Wireless which was recommended by the Wireless
Independent Directors.  It was announced on 13 June 2005 that the Offer had
become wholly unconditional.


UTV confirms that, and as described in the Offer Document, the Partial Share
Alternative and the Additional Share Facility closed on 17 June 2005.


UTV is pleased to announce that elections under the Offer for the Partial Share
Alternative and the Additional Share Facility will be satisfied in full by the
issue of New UTV Shares.  145,300 New UTV Shares will be issued pursuant to the
Partial Share Alternative and 58,078 New UTV Shares will be issued pursuant to
the Additional Share Facility.


The Offer will remain open until further notice.


Enquiries:

Jag Mundi, Head of Corporate Finance
Chris Wilkinson, Director, Corporate Broking
Numis Securities Limited                             Tel: 020 7776 1500
(Financial Adviser to UTV)

Richard Campbell-Breeden, Managing Director
Robert Sorrell, Executive Director
Goldman Sachs International                          Tel: 020 7774 1000
(Financial Adviser to Wireless)


Terms defined in the Offer Document shall have the same meaning in this
announcement.


The Offer is not being made, directly or indirectly, and this announcement
should not be sent, in or into or from the United States, Canada, Australia or
Japan or by use of the mails or by any means or instrumentality (including,
without limitation, telephonically or electronically) of interstate or foreign
commerce of, or any facilities of a national securities exchange of, any of
these jurisdictions and doing so may render invalid any purported acceptance of
the Offer. Accordingly, copies of this announcement and any other document
relating to the Offer are not being, and must not be, mailed or otherwise
distributed or sent in or into the United States, Canada, Australia or Japan.
Any person (including, without limitation, custodians, nominees and trustees)
who may have contractual or legal obligations, or may otherwise intend, to
forward this announcement to any jurisdiction outside the United Kingdom should
read the relevant provisions of the Offer Document before taking any action.


The availability of the Offer to persons not resident in the United Kingdom may
be affected by the laws of the relevant jurisdictions in which they are located.
Persons who are not resident in the United Kingdom should inform themselves
about and observe any applicable requirements.


Numis Securities Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for UTV and
for no one else in connection with the Offer and will not be responsible to any
person other than UTV for providing the protections afforded to customers of
Numis Securities Limited, nor for providing advice to any other person in
relation to the Offer.


Goldman Sachs International, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for Wireless
and for no one else in connection with the Offer and will not be responsible to
any person other than Wireless for providing the protections afforded to
customers of Goldman Sachs International, nor for providing advice to any other
person in relation to the Offer.


This announcement is not intended to and does not constitute, or form part of,
an offer or any solicitation of an offer or an invitation to purchase any
securities.


END.


                      This information is provided by RNS
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