Comment on recent press speculation

UTV Media plc ("UTV") notes the recent speculation relating to the potentialdisposal of its UK independent local radio stations. The Directors of UTV continue to manage the overall group in the best interestof its shareholders and confirm that UTV is currently assessing the options forits UK independent local radio stations which may or may not lead to thedisposal of some or all of these stations. For the avoidance of doubt, anydisposal would not include talkSPORT, Sport Magazine, talkSPORT Internationalor any of UTV's Irish radio stations. UTV has an established portfolio of successful and profitable radio stationsand is one of the largest radio operators in the UK. Its local radio stationsattract over 1.2 million listeners every week across some of the country'smajor regions and, in the most recent quarterly industry audience measurementsurvey, grew market share and audience by 5 per cent and 3 per centrespectively over the prior quarter. This strong operational performance wasreflected in the financial results for the UK independent local radio stationswhich saw revenue and operating profit increase in the 6 months to 30 June2014.

A further announcement will be made in due course, as appropriate.