Restructuring Progress

RNS Number:7406P
Telewest Communications PLC
15 September 2003

                          Telewest Communications plc
                             Restructuring Progress

                                                               15 September 2003

Further to the announcement on 28 July 2003, Telewest Communications plc 
("Telewest") announces that it has reached agreement in principle, subject to
certain conditions, on the terms of its financial restructuring (the 
"Restructuring") with the ad hoc committee of its bondholders, W.R. Huff Asset
Management, the Liberty Media Group and IDT Corporation pursuant to which the
holders of all outstanding notes and debentures issued by Telewest and Telewest
Finance (Jersey) Limited would receive in aggregate 98.5 per cent. of the issued
share capital of the restructured company following the Restructuring and the
holders of Telewest's existing share capital would receive the remaining 1.5 per
cent. of the issued share capital.

This press release is for informational purposes only and does not constitute an
offer to sell or a solicitation of an offer to buy any securities.


Enquiries:

Telewest                                             020 7299 5888
Jane Hardman, director of corporate communications


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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