Revised Contract

RNS Number:9537Q
Aston Villa PLC
15 October 2003

For Immediate Release                                            15 October 2003

                                Aston Villa PLC

                  Revised arrangements with Premium TV Limited

Aston Villa PLC announces that they have renegotiated their arrangements with
Premium TV Limited as follows:

1) The Convertible Loan Agreement dated 24th January 2000, which entitled
Premium TV to repayment on or after 21 February 2005 by conversion into Ordinary
Shares representing 9.999% of the enlarged share capital, has been terminated
today, with the payment from Aston Villa of #2.3m to Premium TV. This will be
paid out of Aston Villa's existing facilities.

2) The terms of the Rights Agreement dated 24th January 2000 have been amended
today so that the grant of Internet and certain mobile and delayed broadcast
rights to Premium TV is extended to 30 June 2007.

3) The appointment of Premium TV (Ventures) as exclusive agent for other rights
is terminated today by mutual consent.

Commenting on the new arrangements, Mark Ansell, Deputy Chief Executive and
Finance Director said: "Having worked with Premium TV for over three years, we
both felt that it was now appropriate to redefine our relationship. Premium TV
will continue to operate our web site and mobile services, and have rights over
certain other broadcast opportunities, where they have developed considerable
expertise and act for the Nationwide Football League clubs and other major clubs
in the UK. However, all other rights are now under our control. The cancellation
of the Convertible Loan Agreement enhances net assets per share and takes away
uncertainty over a large shareholding."



Rod Henwood, Chief Executive of Premium TV added: "The revised arrangements are
good news for both the Club and Premium TV.  Our agreement relating to our core
business of Internet provision is extended and the sale of our Convertible Loan
will help us invest significantly in our business. Throughout the last six
months, in the face of significant misleading publicity, we have kept our heads
down and focused on providing excellent services to our club partners.  Aston
Villa's support and endorsement of our service is a tremendous boost to our
business.  We will continue to work together to provide Aston Villa fans with a
first class web site and other media services, with fast, exciting, and
exclusive content, and we will look to introduce new cutting-edge Aston Villa
media products and services."



Contact:

Aston Villa - Mark Ansell, Deputy Chief Executive and Finance Director
Tel: [phone]

Premium TV - Rod Henwood, Chief Executive
Tel: [phone]

Buchanan Communications
Mark Edwards / Suzanne Brocks
Tel: [phone]



Notes for Editors

1)      Aston Villa is a leading West Midlands Premiership Football Club.

2)      Premium TV is a company within the NTL Europe, Inc (formerly known as
NTL, Incorporated) group.  Premium TV's business is the acquisition and
exploitation of sports media and other commercial rights and associated
activities.  In addition to its Rights Agreement with Aston Villa, Premium TV
has entered into long-term joint venture arrangements with The Football League,
and 4 other individual football clubs.  In total, Premium TV operates official
websites and mobile services for 80 leading UK football clubs.

3)      The Convertible Loan Agreement was an agreement dated 24th January 2000,
entered into by NTL, Premium TV and Aston Villa PLC for a loan to Aston Villa of
#26m, repayable on or after five years had passed by the issue of new Aston
Villa shares representing 9.999 per cent. of Aston Villa's enlarged share
capital at the time.

4)      The Rights Agreement is an agreement dated 24th January 2000, entered
into by Premium TV, Premium TV (Ventures) (a wholly owned subsidiary of Premium
TV) and Aston Villa, covering the arrangements relating to the grant of certain
internet and other media rights to Premium TV and the appointment of Premium TV
(Ventures) as Aston Villa's agent in respect of certain media and commercial
rights.


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