Liberty Global Announces Preliminary 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 expiration EXPIRATION. Cessation; end. As, the expiration of, a lease, of a contract, or statute. 2. In general, the expiration of a contract puts an end to all the engagements of the parties, except to those which arise from the non- fulfillment of obligations created 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. Both tender offers 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 preliminary 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. , both tender offers were oversubscribed Refers to connecting more users to a system than can be fully supported if all of them were using it at the same time. Networks and servers are almost always designed with some amount of oversubscription, counting on the fact that everybody does not need the service simultaneously. and the purchase price for the Series A tender offer is $29.50 per share and the Series C tender offer is $28.59 per share. The purchase prices for the Series A and Series C tender offers, which are preliminary and subject to verification as described below, represent the maximum of the respective tender offer price ranges, which were $26.08-$29.50 for the Series A tender offer and $25.27-$28.59 for the Series C tender offer. Because each tender offer was oversubscribed, the number of shares of Series A common stock and Series C common stock that Liberty Global will purchase from each stockholder that tendered Series A shares or Series C shares, as applicable, within the applicable purchase price range for that tender offer will be pro-rated, subject to the odd-lot and conditional tender provisions of each tender offer. After the depositary verifies the actual number of Series A shares and Series C shares, as applicable, validly tendered and not withdrawn, including Series A shares and Series C shares tendered pursuant to guaranteed delivery procedures, and the purchase price at which such Series A shares and Series C shares were tendered, Liberty Global will promptly announce the actual number of Series A shares and Series C shares tendered and not withdrawn, the 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 applicable to each tender offer and the purchase price for Series A shares and Series C shares properly tendered and not withdrawn. Promptly after such announcement, the depositary will issue payment for the Series A shares and Series C shares validly tendered and accepted for purchase under the Series A tender offer or Series C tender offer, as applicable, and will return all other Series A shares and Series C shares tendered. It is currently expected that the final proration factor and the final purchase price, in each case, applicable for each tender offer, will be announced on or about January 10, 2007 and that payment for all Series A shares and Series C shares purchased will be made promptly thereafter. 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 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:
Christopher Noyes <
Hanne Wolf
Investor Relations -- Denver <
Corporate Communications -- Denver
303.220.6693 <
303.220.6678
<
Ivan Nash Vila <
Bert Holtkamp
Investor Relations -- Europe <
Corporate Communications -- Europe
+41 44 277 9738 <
+31 20 778 9447
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