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Press release from Business Wire

Virgin Media Inc.: Transaction In Own Shares

Monday, March 26, 2012

Virgin Media Inc.: Transaction In Own Shares11:52 EDT Monday, March 26, 2012 LONDON (Business Wire) -- Virgin Media Inc. (NASDAQ:VMED) (LSE:VMED) today announced the completion of the US $250 million capped accelerated stock repurchase programme previously announced on 8 February 2012 as a part of its continuing Capital Return Programme. Under the completed accelerated stock repurchase programme, which was conducted between 8 February 2012 and 21 March 2012, Virgin Media paid $250 million to Bank of America Merrill Lynch from available cash on hand and received 8,929,706 outstanding shares, with a further 1,241,384 shares delivered today, for a total repurchase of 10,171,090 shares of Virgin Media common stock. The average purchase price per share of common stock was determined to be $24.58. The repurchased shares will be cancelled. As of 26 March 2012, after giving effect to the cancellation of these shares, the number of shares of common stock issued and outstanding will be 277,696,136. The Current Report on Form 8-K, as filed with the U.S. Securities and Exchange Commission (SEC) on 8 February 2012, may be viewed on the SEC website at www.sec.gov and on the Virgin Media website at www.virginmedia.com/investors. Virgin Media Investor RelationsRichard Williams+44 (0) 1256 753037richard.williams@virginmedia.co.ukorVani Bassi+44 (0) 1256 752347vani.bassi@virginmedia.co.ukMedia contacts:At Virgin MediaGareth Mead+44 (0) 20 7909 3289gareth.mead@virginmedia.co.ukAt Tavistock CommunicationsMatt Ridsdale+44 (0) 20 7920 3150mridsdale@tavistock.co.uk