Liberty Global Announces Final Results of Dutch Auction Self-Tender Offers for Shares of Its Series A Common Stock and Series C Common Stock.DENVER -- Liberty Global, Inc. ("Liberty Global") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : LBTYA)(NASDAQ: LBTYB)(NASDAQ: LBTYK) announced today the final results of its modified Dutch auction Dutch Auction An auction where the price on an item is lowered until it gets its first bid, and then the item is sold at that price. Notes: The U.S. Treasury (and other countries) uses a Dutch auction when it sells securities. self-tender offers Self-tender offer A company that tenders for its own shares. to purchase up to 5,084,746 shares of its Series A common stock and up to 5,246,590 shares of its Series C common stock, which expired at 5:00 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on January 4, 2007. Based on the final tabulation tab·u·late tr.v. tab·u·lat·ed, tab·u·lat·ing, tab·u·lates 1. To arrange in tabular form; condense and list. 2. To cut or form with a plane surface. adj. Having a plane surface. by the depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for the tender offers, the purchase price for the Series A tender offer is $29.50 per share, and the purchase price for the Series C tender offer is $28.59 per share, each of which purchase price represents the maximum of the respective tender offer price ranges. Based on the final tabulation by the depositary for the tender offers, 7,343,671 shares of Series A common stock were properly tendered and not withdrawn at or below a purchase price of $29.50 per Series A share, and 8,637,715 shares of Series C common stock were properly tendered and not withdrawn at or below a purchase price of $28.59 per Series C share. Liberty Global has accepted for purchase 5,084,746 shares of its Series A common stock and 5,246,590 shares of its Series C common stock. The depositary has advised Liberty Global that the final proration Proration A situation during a corporate action in which the available cash or shares are not sufficient to satisfy the offers tendered by shareholders. Therefore, a proportion of both cash and shares is granted for each offer tendered. factor was approximately 69.09528% for the Series A tender offer and approximately 60.569795% for the Series C tender offer. Any "odd lot" shares of Series A common stock or Series C common stock properly tendered and not withdrawn will not be subject to proration. The depositary will promptly issue payment for the Series A and Series C shares validly tendered and accepted for purchase and will return all other Series A and Series C shares tendered and not accepted for purchase due to the proration or conditional tender provisions of the tender offers. The information agent for the tender offers is D. F. King & Co., Inc. The depositary is Computershare Shareholder Services, Inc. For questions and information, please contact the information agent toll-free at 800-207-3158. About Liberty Global, Inc. Liberty Global is the leading international cable operator offering advanced video, voice and Internet-access services to connect its customers to the world of entertainment, communications and information. As of September 30, 2006, Liberty Global operated state-of-the-art broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. that served approximately 13 million customers in 17 countries, principally located in Europe, Japan, Chile, and Australia. Liberty Global's operations also include significant media and programming businesses such as Jupiter TV in Japan and Chellomedia in Europe. For more information, please visit www.lgi.com or contact:
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