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Warburg Pincus and Cinven reduce seats in Supervisory Board Ziggo(Thomson Reuters ONE via COMTEX) -- Warburg Pincus and Cinven reduce seats in Supervisory Board Ziggo Utrecht, December 27, 2012 In October of this year Cinven and Warburg Pincus have further reduced their shareholdings in Ziggo, each to a percentage below 20%. As a consequence thereof and in line with the relationship agreement concluded between Ziggo, Warburg Pincus and Cinven at the IPO of Ziggo, Paul Best and Caspar Berendsen have announced their resignation as members of the Supervisory Board of Ziggo as per December 31, 2012. Paul Best is a managing director of Warburg Pincus and Caspar Berendsen is a partner of Cinven. The Supervisory Board and the Management Board are most grateful for the contribution of Paul Best and Caspar Berendsen to the company. About Ziggo Ziggo is a Dutch provider of entertainment, information and communication through television, Internet and telephony services. The company serves around 2.9 million households, with almost 1.8 million Internet customers, more than 2.2 million customers for digital television and 1.5 million telephony subscribers. Business-to-business customers use services such as data communication, telephony, television and Internet. The company owns a next-generation network capable of providing the bandwidth required for all future services currently foreseen. More information on Ziggo can be found on: www.ziggo.com Not for publication For more information please contact: Press Martijn Jonker, Senior Communications Officer +31 (0)88 717 2419 [email protected] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Ziggo via Thomson Reuters ONE HUG#1667383 |