France Telecom to Invest in NTL

New York (PROTEXT) - NTL Incorporated (Nasdaq: NTLI; Easdaq; NTLI.ED) confirms that it is in advanced discussions with France Telecom which, if successful, will result in France Telecom making a minority investment in NTL. This investment will allow NTL to further its strategic initiatives in the UK cable industry. This investment would result in the suspension of the equity offering previously announced by NTL on June 23, 1999. ots Original Text Service: NTL Incorporated Internet: http://www.newsaktuell.de Contact: John F. Gregg, Chief Financial Officer, or Richard J. Lubasch, Executive Vice President-General Counsel, or Kathy Makrakis, Director Investor Relations, (USA) 212-906-8457, or investor-relations@ntli.com, or United Kingdom, Alison Smith, Head of Group Communications +44-1252-402662 or alison.smith@ntl.com, all of NTL Incorporated Web site: http://www.ntli.com Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents. PROTEXT