Liberty Global Reports First Quarter 2012 Results

ENGLEWOOD, Colo. — Liberty Global, Inc. (“Liberty Global,” “LGI,” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK), today announces financial and operating results for the three months ended March 31, 2012 (“Q1”).

Subscriber Statistics

At March 31, 2012, we provided service to 33.4 million RGUs, consisting of 18.4 million video, 8.5 million broadband internet and 6.5 million telephony RGUs. As compared to our RGU count at December 31, 2011, our RGUs increased by 586,000 during the first quarter of 2012. This increase includes 445,000 organic RGU additions and 136,000 RGUs that were added effective January 1, 2012, when we began counting small office home office (“SOHO”) RGUs for external reporting purposes.

In terms of video, we experienced a loss of 86,000 RGUs, as compared to a loss of 85,000 RGUs for the comparable prior year period, despite a video base which is now 15% larger, mainly as a result of the KBW acquisition. In addition, we added 279,000 digital cable subscribers during the quarter, ending the period with digital penetration of 47%. Our digital cable additions are a reflection in part of our focus on improving the video experience through time shifting and on-demand functionalities, along with the expansion of our HD channel line-ups and premium tiers. Of our 8.4 million digital cable subscribers, approximately 4.4 million or 52% have selected our HD and/or DVR service. As we look forward, we anticipate our commercial deployment of the Horizon platform will begin in Q3 in the Netherlands, followed by Switzerland.

Consolidated Operating Data – March 31, 2012:

                                                                                      Total
                                       Analog      Digital                            Video
                                        Cable        Cable        DTH     MMDS        Homes
                                    ---------  -----------  ---------  -------  -----------
UPC Broadband Division:                                                    
 Germany                            4,677,300    2,067,500          --        --    6,744,800
 The Netherlands*                     759,600    1,037,600          --        --    1,797,200
 Switzerland*                         959,700      540,700          --        --    1,500,400
 Austria                              195,100      313,100          --        --      508,200
 Ireland                               77,300      332,700          --   52,700      462,700
  Total Western Europe              6,669,000    4,291,600          --   52,700   11,013,300
 Poland                               678,000      662,700          --        --    1,340,700
 Romania                              480,500      376,000    283,800        --    1,140,300
 Hungary                              312,500      293,400    226,300        --      832,200
 Czech Republic                        76,200      422,100     85,600        --      583,900
 Slovakia                              95,200      112,800     49,300      800      258,100
  Total Central & Eastern Europe    1,642,400    1,867,000    645,000      800    4,155,200
   Total UPC Broadband Division     8,311,400    6,158,600    645,000   53,500   15,168,500

Telenet (Belgium)                     779,500    1,401,200          --        --    2,180,700

The Americas:                                                    
 VTR (Chile)                          199,400      721,300          --        --      920,700
 Puerto Rico                                --       79,300          --        --       79,300
  Total The Americas                  199,400      800,600          --        --    1,000,000
                                    ---------  -----------  ---------  -------  -----------
Grand Total                         9,290,300    8,360,400    645,000   53,500   18,349,200

* Pursuant to service agreements, Switzerland and, to a much lesser extent, the Netherlands offer digital cable, broadband internet and telephony services over networks owned by third-party cable operators (“partner networks”). A partner network RGU is only recognized if there is a direct billing relationship with the customer. Homes Serviceable for partner networks represent the estimated number of homes that are technologically capable of receiving the applicable service within the geographic regions covered by the applicable service agreements. Internet and Telephony Homes Serviceable with respect to partner networks have been estimated by our Switzerland operations. These estimates may change in future periods as more accurate information becomes available. At March 31, 2012, Switzerland’s partner networks account for 121,000 Customer Relationships, 191,300 RGUs, 64,400 Digital Cable Subscribers, 470,500 Internet and Telephony Homes Serviceable, 74,500 Internet Subscribers, and 52,400 Telephony Subscribers. In addition, partner networks account for 481,000 of Switzerland’s digital cable homes serviceable that are not included in Homes Passed or Two-way Homes Passed in our March 31, 2012 subscriber table.