Liberty Global Reports Third Quarter 2008 Results

Englewood, Colorado — Liberty Global, Inc. (“Liberty Global,” “LGI,” or the “Company”) (NASDAQ: LBTYA, LBTYB and LBTYK), today announces financial and operating results for the third quarter (“Q3”) ended September 30, 2008.

Subscriber Statistics

For the sixth consecutive quarter, digital video, including both digital cable and DTH, remained our strongest product with 363,000 organic additions. In terms of digital cable, UPC posted a record quarter of 187,000 organic RGU additions, reflecting a 111% improvement over the three months ended September 30, 2007. This improvement was helped by strong progress in our CEE markets, including Poland, the Czech Republic and Hungary, as well as by VTR. As digital video recorder (“DVR”), high definition (“HD”) and video-on-demand (“VoD”) roll-outs continue, we are experiencing positive uptake of these products. In the Netherlands for example, approximately 40% of digital customers subscribe to DVR and/or HD products, while VoD streams have roughly averaged 450,000 per week during 2008. The buy-through of value-added digital products has enabled the Netherlands to increase incremental digital ARPU by roughly 70% on a year-over-year basis, and at UPC, these products have contributed to an approximate 46% increase in rebased digital cable revenue for the nine months ended September 30, 2008, as compared to the prior year period. Meanwhile, in Japan, J:COM has attained 75% digital penetration at September 30, 2008, up from 63% at September 30, 2007.

Consolidated Operating Data (Video) – September 30, 2008:

                                                  Subscribers
                                  ----------------------------------------       Total
                                     Analog    Digital                           Video
                                      Cable      Cable        DTH     MMDS       Homes
                                  ---------  ---------  ---------  -------  ----------

UPC Broadband Division:
 The Netherlands                  1,447,700    620,200          --        --   2,067,900
 Switzerland                      1,237,100    329,400          --        --   1,566,500
 Austria                            419,500    134,300          --        --     553,800
 Ireland                            228,500    227,500          --   91,000     547,000
  Total Western Europe            3,332,800  1,311,400          --   91,000   4,735,200
 Hungary                            616,700     64,200    179,500        --     860,400
 Romania                          1,075,900     73,300    137,700        --   1,286,900
 Poland                             972,900     41,300          --        --   1,014,200
 Czech Republic                     324,700    231,500    119,300        --     675,500
 Slovakia                           237,000     18,400     30,200    6,200     291,800
 Slovenia                           158,900      3,900          --    4,000     166,800
  Total Central and
  Eastern Europe                  3,386,100    432,600    466,700   10,200   4,295,600
Total UPC Broadband Division      6,718,900  1,744,000    466,700  101,200   9,030,800

Telenet (Belgium)                 1,155,100    518,700          --        --   1,673,800

J:COM (Japan)                       579,200  1,767,600          --        --   2,346,800

The Americas:
 VTR (Chile)                        571,700    305,700          --        --     877,400
 Puerto Rico                              --     82,800          --        --      82,800
  Total The Americas                571,700    388,500          --        --     960,200

Austar (Australia)                        --      3,700    709,900        --     713,600

Grand Total                       9,024,900  4,422,500  1,176,600  101,200  14,725,200

More: Earnings Release