(ITV.L) ITV PLC Buy/Sell

Please be advised that the following has been repurchased:
Value CCY ISIN Issuer Name Repurchase Amount New Amount
Date Outstanding
18-Nov-09 EUR XS0269878905 ITV 22,500,000.00 209,113,000.00

RNS Number : 7929C

19 November 2009

ITV plc

19 November 2009

Archie Norman - additional information

On 18 November 2009 ITV plc announced the appointment of Archie Norman as Non Executive Chairman. He will take up the role in January 2010.

ITV confirms that no disclosure is necessary in respect of Archie Norman as required by Listing Rule 9.6.13.

For further information please contact:

ITV plc

Helen Tautz

Deputy Company Secretary

Eleanor Irving

Assistant Company Secretary

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

RDNZKLFFKFBFFBL

Nov 19 (Reuters) - European companies, flush with cash, have started to take actions to make their debt profiles more efficient by buying back bonds and issuing new longer-term debt.
British American Tobacco and Investor AB started the trend . Details of other companies' liability management exercises are listed below:

* BRITISH AMERICAN TOBACCO
BAT invited holders of 1 billion euros ($1.50 billion) of 5.125 percent notes and 350 million pounds ($588.6 million) of 5.75 percent notes due 2013 to participate in a tender offer, arranged by BNP Paribas.
It then issued one tranche of 650 million euros at 4.875 percent, due 2021, and one tranche of 500 million pounds at 6.0 percent, due 2034.
Barclays, BNP Paribas, Royal Bank of Scotland and SG CIB managed the new issues.
BAT said that it had raised approximately 450 million euros net through the deals.

* INVESTOR AB
Investor AB tendered an offer for any and all of its 535 million euro bond due in 2012. The tender offer was managed by Citigroup and Deutsche Bank.
It has also issued a 500 million euro 2021 bond, at 4.875 percent. BNP Paribas, Citigroup and Deutsche Bank managed the deal.
Altogether, Investor AB said it had bought back 320 million euros and issued 500 million euros in new debt, raising 180 million euros.

* DANONE
Danone is offering to buy back any and all of its 1.25 billion euros of 5.25 percent notes due 2011, 1 billion euros of 6.375 percent notes due 2014 and/or 1 billion euros of 5.5 percent notes due 2015.
Danone mandated BNP Paribas and Societe Generale to manage the tender offer which started on Nov. 16 and will end on Nov. 24.

* MARKS & SPENCER
M&S plans to buy back up to 225 million pounds of bonds from investors, inviting holders of its outstanding 375 million pounds 6.375 percent notes due 2011 and holders of its outstanding 400 million pounds 5.875 percent notes due 2012 to participate in a tender offer on Nov. 24.
Citigroup, HSBC, Morgan Stanley and Royal Bank of Scotland are acting as dealer managers for the tender offer.
M&S is planning to raise new sterling-denominated bond financing beyond 2014.

* TATE & LYLE
Tate & Lyle is buying back 70 million pounds of 6.5 percent notes due 2012 and will issue a new 10-year bond. The new issue will be managed by Barclays Capital and Royal Bank of Scotland.

($1=.6680 Euro)

($1=.5946 Pound)

(Editing by Simon Jessop) Keywords: CORP BONDS/ (alex.chambers@thomsonreuters.com, Reuters Messaging: alex.chambers.reuters.com@reuters.net, +44 207 542 8989)

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Financial Times

MANDELSON SIGNALS END OF CREDIT SCHEME

Business Secretary Lord Mandelson signalled on Wednesday ministers will refuse business pleas to extend the five-billion-pound trade credit insurance scheme. Mandelson spoke of the "limitations" of the credit insurance scheme at a London press conference to highlight government measures to help businesses and individuals deal with the recession. He appeared to blame the insurance industry for the failure of the scheme. The scheme, which offered up to five billion pounds of state support, has supplied just 18 million pounds worth of cover to 72 companies.

WOMEN STRUGGLE TO BREAK INTO TOP BOARDROOMS

The proportion of female directors at FTSE 100 companies rose from 11.7 percent to 12.2 percent over the past year, according to a report by Cranfield University School of Management. The slight increase was due solely to an overall shrinkage in the size of boards, the report said. Cranfield said banks delivered the "biggest disappointment", with women making up just 9.3 percent of board members at FTSE 100 banks. Barclays and Royal Bank of Scotland have no female board members at all.

MPC DIVIDED THREE WAYS OVER QUANTITIVE EASING

Minutes from the last meeting of the Bank of England's monetary policy committee show that seven of the committee's nine members voted for a 25 billion pound increase in the quantitive easing scheme. One member favoured a larger increase while one member argued that the scheme should be frozen. Bank of England governor Mervyn King was among those who voted for a 25 billion pound increase. The minutes also show the committee considered reducing the interest paid on a portion of commercial banks' reserves held by the Bank.

ITV CHAIRMAN SAGA ENDS WITH NORMAN APPOINTMENT

Archie Norman has been appointed as chairman of the broadcaster ITV. The appointment of Norman, a former Tory MP and former chief executive of Asda, brings to an end a seven month succession process for the broadcaster to replace Michael Grade. Norman's first tasks in his new role will include selecting a new chief executive and refreshing the board of the broadcaster, as well as considering whether to make a bid for rival broadcaster Five. Norman said: "It is an irresistible challenge, a great brand, a people business with enormous talent but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."

TNK-BP SET TO EXTEND RUSSIAN PARTNER'S TENURE AS INTERIM

CHIEF

It emerged on Wednesday night that TNK-BP is likely to approve Mikhail Fridman to remain as acting chief executive of the oil joint venture between BP and a group of Russian tycoons until 2011. Maxim Barsky, a Russian oil executive in his 30s, has been approved by both sides as the permanent replacement for Fridman but due to his lesser experience will spend a year in preparation for the role, including a period with BP next year. An announcement from the oil group is due within the next few days.

L&G CLOSE TO THE END OF YEAR-LONG CHAIRMAN SEARCH

The board of Legal & General has identified its preferred candidate to succeed Sir Rob Margetts as chairman and is likely to make an announcement within days. According to people familiar with the matter, the life and pensions group's search led by Sir David Walker, L&G's senior independent director, included talks with a "string" of candidates, including Glen Moreno, chairman of Pearson; Ron Sandler, chairman of Northern Rock and Pearl Group; and Sir Crispin Davis, former chairman of Reed Elsevier. Up to three other candidates have recently gone further in the process but none are said to have been offered the job.

LLOYDS OFFLOADS MALL FOR 300 MILLION POUNDS

Hammerson has emerged as Lloyds Banking Group's preferred buyer for a shopping centre near Glasgow being sold by the bank after the original owner defaulted on its loan. The UK real estate investment trust is to buy the centre for around 300 million pounds in a joint venture with Canadian Pension Plan, a deal likely to represent a yield of around six percent on the one million square foot mall. Unsuccessful bidders for the centre included British Land and Land Securities along with several sovereign wealth funds and opportunity funds.

BOLLAND BECOMES M&S CHIEF EXECUTIVE

Marc Bolland has been appointed to succeed Sir Stuart Rose as the new chief executive of Mark & Spencer. Bolland will leave his role as chief executive of the supermarket chain Wm Morrison, walking away from around four million pounds of share options in the process. Sir Stuart Rose, who is to stay on as chairman of the retailer, said: "I am thoroughly and absolutely certain he's the right man for the job."

ITN SET FOR AUSTERITY PACKAGE

ITN is expected to reveal its first ever loss Thursday, with John Hardie, chief executive since June, to tell staff that the organisation lost "a significant amount" in the first half of the year. Sources who have viewed the accounts said the loss amounted to low single-digit millions of pounds. Job losses are expected at the company, and its final-salary pension scheme will close, with all current and new employees to be moved into a deferred benefit scheme as the company looks to "refocus activities and revenue streams".

MOTHERCARE TO LEAVE TOWN

Baby products retailer Mothercare is to shift its focus from the high street to larger out-of-town outlets as store leases come up for renewal over the next three years. Chief executive Ben Gordon said: "We're not deserting the high street but our out-of-town stores are our most profitable ones." The firm will launch 31 out-of-town "parenting centres" over the next three years, while up to 90 high street stores will be closed unless landlords renegotiate rents.

Prepared for Reuters by Durrants
Keywords: PRESS DIGEST Financial Times Nov 19

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By Kate Holton and Paul Hoskins

LONDON, Nov 18 (Reuters) - ITV Plc, Britain's biggest free-to-air commercial broadcaster, has turned to Archie Norman, a turnaround specialist and former Conservative politician, to end its error-strewn seven-month hunt for leadership.
Norman, known for turning around supermarket chain Asda and telecoms business Energis before selling both, but who has little or no direct experience of the TV industry, will take up the position of non-executive chairman in January.
His early tasks will include the selection of a chief executive, after a protracted saga which culminated earlier this year in the failure to secure the services of favoured candidates Tony Ball, ex head of BSkyB, and Simon Fox, CEO of music retailer HMV.
Shares in ITV, home to talent show X-Factor and soap opera Coronation Street, were up 5.9 percent at 55 pence by 1450 GMT, outperforming the flat DJ Stoxx European Media Index. The stock has bounced from a multi-year low of 16-1/2p set in March.
Norman, who replaces industry veteran Michael Grade, will also be responsible for lobbying politicians and regulators at a time when the Conservative party is well ahead in the opinion polls as a general election approaches. Norman is a former chief executive of the party.
"We see the appointment of a heavyweight chairman with an established track record as a positive move," UBS analysts said. "Amid a backdrop of improving ad momentum and a strong viewing share performance, there may be a possibility that Norman may make limited changes to the current executive line-up rather than look externally."
However interim CEO John Cresswell repeated his stance that he will leave once a replacement has been found, rejecting speculation he could be persuaded to stay. "I stand by the statement I made," Cresswell said at an investor conference in Barcelona.
ITV has recently shown signs of recovery from an advertising downturn and has forecast its first monthly gain in net ad revenue since the first half of 2008.

Cresswell, speaking at the Morgan Stanley Technology, Media and Telecoms conference, said however the group was still cautious about 2010 and would not have any clear sign of trading conditions in January for another two to three weeks.
"There's no guarantee we're at the bottom," he said.
Some analysts welcomed the appointment of Norman, who became the youngest partner at business consultancy McKinsey and Co after earning an MBA from Harvard Business School and an MA from Cambridge University.
"It is an irresistible challenge," Norman, 55, said. "A great brand, a people business with enormous talent, but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."
The appointment also goes some way to bringing an end to a leadership saga that has embarrassed the broadcaster since Grade said in April he would step back from the day-to-day running of the company.
Grade, who jumped ship from the BBC to join ITV as executive chairman and its apparent saviour in 2006, subsequently said he would stand down completely and would appoint a chairman to find a new chief executive.
"I don't mind whether I'm first choice or 51st choice," Norman told reporters after accepting the role, which would rule him out of the top job at Marks & Spencer.
"Transformational challenges (are) ... what I do," he said, before adding that people should not read too much into how he had tackled problems in his previous roles.
During his time at the broadcaster, Grade cut costs heavily and boosted viewing figures by focusing on cheaper-to-make shows such as Simon Cowell's X-Factor and Britain's Got Talent, which discovered Scottish singer Susan Boyle.
Cresswell said that strategy would continue.
Norman will be paid 300,000 pounds ($504,500) per year and will also be allocated 1.2 million shares -- worth 715,000 pounds at the current market price -- over the next three years.

(Additional reporting by Georgina Prodhan in Barcelona; Editing by Paul Hoskins and David Holmes)

($1=.5946 Pound) Keywords: ITV CHAIRMAN/ (kate.holton@reuters.com; +44 207 542 8560; Reuters Messaging:kate.holton.reuters.com@reuters.net)

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Nov 18 (Reuters) - Britain's biggest free-to-air commercial broadcaster ITV has turned to Archie Norman, 55, a turnaround specialist and former Conservative politician, to end its tortuous seven-month hunt for leadership.
Here are some key facts about Archie Norman:

* LIFE DETAILS:
-- Born on May 1, 1954.
-- He served for eight years from 1997 as a Member of Parliament, was chief executive of the Conservative Party and a member of the shadow cabinet.
-- He led the first stages of the reform of the Conservative Party after the 1997 electoral defeat and subsequently founded the "Policy Exchange" think tank.
-- He holds an MBA from Harvard Business School, an MA from Cambridge University and an Honorary Degree from Leeds Metropolitan University.
-- He was a Director of the Judge Institute, has been elected to the Marketing Society Hall of Fame, and been voted Retailer of the Year and Yorkshire Businessman of the Year.

* LIFE IN BUSINESS:
-- Was part of the three-member team that established and built Kingfisher Plc, a home improvement and DIY retail group, in the 1980s.
-- In 1991 he joined Asda as CEO and became its Chairman in 1996. He transformed it into the UK's second-largest supermarket group before being sold to Wal-Mart in 1999.
-- He was then appointed non-executive chairman of home furnishings group French Plc in 1999.
-- Norman took over as Chairman of telecom group Energis in 2002 and was credited with its turnaround before it was sold to Cable & Wireless for double the original enterprise value.
-- He joined investment bank Lazard as a Senior Adviser in 2003 and has served as a non executive director on the board of companies including British Rail, Railtrack and Geest.

-- Established Aurigo Management Partners, which buys underperforming businesses. In June 2007 Aurigo acquired HSS, the UK's second-largest equipment hire business.
Sources: Reuters; ITV Plc (www.itvplc.com)

(Writing by Carl Bagh, Bangalore Editorial Reference Unit; Editing by David Cutler/Will Waterman) Keywords: ITV CHAIRMAN/NORMAN (carl.bagh@thomsonreuters.com; +91 80 41355917; Reuters Messaging:carl.bagh@thomsonreuters.com)

COPYRIGHT

Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

By Kate Holton and Paul Hoskins

LONDON, Nov 18 (Reuters) - Britain's biggest free-to-air commercial broadcaster ITV has turned to Archie Norman, a turnaround specialist and former Conservative politician, to end its error-strewn seven-month hunt for leadership.
Norman, who is known for turning around supermarket chain Asda and the telecoms business Energis before selling both, will take up the position of non-executive chairman in January, replacing industry veteran Michael Grade.
The former boss of Kingfisher will then be in charge of appointing a chief executive to lead the group as it emerges from the worst advertising downturn for decades.
He will also be responsible for lobbying politicians and regulators in a bid to ease the burden on the broadcaster, at a time when the Conservative party is well ahead in the polls as a general election approaches. Norman is a former chief executive of the Conservative party.
"We see the appointment of a heavyweight Chairman with an established track record as a positive move," UBS analysts said.
"Amid a backdrop of improving ad momentum and a strong viewing share performance, there may be a possibility that Norman may make limited changes to the current executive line-up rather than look externally."
Citi analysts said Norman would become a useful asset if the Conservatives win the next election.
ITV, home to the talent show X-Factor and soap opera Coronation Street, has been hammered by the advertising downturn but it has recently shown signs of recovery and has forecast its first monthly gain in net ad revenue since the first half of 2008.

To maintain continuity, Norman said insider John Cresswell would remain in his position as interim chief executive while he starts afresh the hunt for a new chief executive.
Cresswell has said he intends to step down from ITV when a new chief executive is found but analysts have speculated that he could be persuaded to stay.
Shares in ITV were up 5.8 percent at 54.9 pence by 1050 GMT, outperforming the DJ Stoxx Media Index, which was up 0.2 percent.
"It is an irresistible challenge," Norman, 55, said. "A great brand, a people business with enormous talent, but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."
Analysts welcomed the appointment of Norman, who became the youngest partner at McKinsey and Co after earning an MBA from Harvard Business School and an MA from Cambridge University.
The announcement also goes some way to bringing an end to the very public leadership search saga that has embarrassed the broadcaster since Grade said he would step back from the day-to-day running of the company.
Grade, who jumped ship from the BBC to join ITV as executive chairman and its apparent saviour in 2006, then said he would stand down completely and appoint a chairman to find a new chief executive after a host of high-profile executives ruled themselves out of the running.
During his time at the broadcaster, Grade cut costs heavily and boosted viewing figures by focussing on the cheaper-to-make shows such as Simon Cowell's X-Factor and Britain's Got Talent which discovered Scottish singer Susan Boyle.
"I don't mind whether I'm first choice or 51st choice," Norman told reporters after accepting the role, which would rule him out of the top job at Marks & Spencer.
"Transformational challenges (are)... what I do," he said, before adding that people should not read too much into how he had tackled problems in his previous roles.
"ITV's a very different business from the ones I've worked in in the past, and I absolutely don't think a formulaic approach is going to work," he said.
James Crosby, the head of the nomination committee, said on Wednesday he would also step down.
Norman will be paid 300,000 pounds per year and will also be allocated 1.2 million shares at Wednesday's value, to be given out over the next three years.

(Reporting by Kate Holton, editing by Paul Hoskins/Will Waterman and Hans Peters) Keywords: ITV CHAIRMAN/ (kate.holton@reuters.com; +44 207 542 8560; Reuters Messaging:kate.holton.reuters.com@reuters.net)

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Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

By Kate Holton and Paul Hoskins

LONDON, Nov 18 (Reuters) - Britain's biggest free-to-air commercial broadcaster ITV has turned to Archie Norman, a turnaround specialist and former Conservative politician, ending its error-strewn seven-month hunt for leadership.
Norman, who is known for turning around supermarket chain Asda and the telecoms business Energis before selling both, will take up the position of non-executive chairman in January, replacing industry veteran Michael Grade.
The former boss of Kingfisher, who said he still has close ties with the opposition Conservative party, will then be in charge of appointing a chief executive to lead the group as it emerges from the worst advertising downturn for decades.
He will also be responsible for lobbying politicians and regulators in a bid to ease the burden on the broadcaster, home to the talent show X-Factor and soap opera Coronation Street, at a time when the Conservative party is well ahead in the polls as a general election approaches.
"We see the appointment of a heavyweight Chairman with an established track record as a positive move for the company," UBS analysts said in a note.
"Amid a backdrop of improving ad momentum and a strong viewing share performance, there may be a possibility that Norman may make limited changes to the current executive line-up rather than look externally."
Shares in ITV were up 5 percent at 54.55 pence by 0919 GMT, outperforming the DJ Stoxx Media Index, which was up 0.25 percent.
Norman, 55, said there were few opportunities that would have tempted him back into the public company arena, but that ITV "is definitely one of them".
"It is an irresistible challenge, a great brand, a people business with enormous talent, but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."
The announcement goes some way to bringing an end to the very public leadership saga that has embarrassed the broadcaster since Grade said he would step back from the day-to-day running of the company, with a string of possible contenders ruling themselves out.
Grade, who jumped ship from the BBC to join ITV as executive chairman and its apparent saviour in 2006, then said he would stand down completely and appoint a chairman to find a new chief executive after a host of high-profile executives ruled themselves out of the running.
Norman said John Cresswell would remain in his position as interim chief executive while he starts afresh the hunt for a new chief executive. James Crosby, the head of the nomination committee, is to step down.
Cresswell has said he intends to step down from ITV when a new chief executive is found but analysts have speculated that he could be persuaded to stay, especially after the group reported an improving advertising climate earlier this month.
"I don't mind whether I'm first choice or 51st choice," Norman told reporters during a conference call.
Norman said "transformational challenges (are) ... what I do", but that people should not read too much into how he had tackled problems in previous his roles.
"ITV's a very different business from the ones I've worked in in the past, and I absolutely don't think a formulaic approach is going to work," he said.

(Reporting by Kate Holton, editing by Paul Hoskins/Will Waterman) Keywords: ITV CHAIRMAN/ (kate.holton@reuters.com; +44 207 542 8560; Reuters Messaging:kate.holton.reuters.com@reuters.net)

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For more information click on ((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here)

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LONDON, Nov 18 (Reuters) - ITV Plc:

LONDON, Nov 18 (Reuters) - ITV, Britain's biggest commercial free-to-air broadcaster, appointed former ASDA boss Archie Norman as its non executive chairman on Wednesday, bringing an end to an accident-prone seven-month search.
Norman, who is also a former Conservative member of parliament, will replace Michael Grade from January 2010 and will keep John Cresswell on as interim chief executive.
Grade said in April he would step back from the day-to-day running of ITV, kick starting a very public hunt for a chief executive.
Grade then said he would step down completely to make way for a new chairman to find a new chief executive after a number of high profile candidates ruled themselves out of the running.
"There are few opportunities that would have tempted me back into the public company arena, but ITV is definitely one of them," he said.
"It is an irresistible challenge, a great brand, a people business with enormous talent, but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."
(Reporting by Kate Holton, editing by Paul Hoskins) Keywords: ITV CHAIRMAN/

(kate.holton@reuters.com; +44 207 542 8560; Reuters Messaging:kate.holton.reuters.com@reuters.net)

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ITV:

RNS Number : 6791C

18 November 2009

ITV APPOINTS ARCHIE NORMAN AS CHAIRMAN

The Board of ITV plc is pleased to announce the appointment of Archie Norman as Non Executive Chairman. He will take up the role in January 2010, at which time Michael Grade, Executive Chairman, will stand down from the company and John Cresswell will become Interim Chief Executive.

Archie Norman said;

"There are few opportunities that would have tempted me back into the public company arena, but ITV is definitely one of them. It is an irresistible challenge, a great brand, a people business with enormous talent, but facing an imperative for change: the challenge of adapting to compete in a fragmented digital media world."

"Thanks to Michael Grade's remarkable work the company has come through the worst advertising recession for decades and now has a strong platform to embrace that challenge."

Sir James Crosby, Chairman of the Nomination Committee, on behalf of the Board said;

"We are delighted that Archie is to become the next Chairman of ITV. He has an outstanding track record in business and we believe that his extensive experience of both business and public life will be of significant benefit to ITV in the years ahead."

"As a Board we would like to thank Michael Grade for his significant contribution to ITV over the past three years and wish him well for the future."

Michael Grade, Executive Chairman, said;

"I have always been a great admirer of Archie and am delighted to be handing over the reins to him. He inherits a company that is more popular and efficient that it has been for many years and I know he will build on that legacy."

Sir James Crosby is also ITV's Senior Independent Director. He has today announced his intention to resign from the Board. He will stand down on the appointment of a successor to this role.

LONDON, Nov 17 (Reuters) - Scottish broadcaster STV Group Plc intensified its dispute with ITV Plc, saying it had filed a legal claim against its larger network partner over new media rights on Tuesday.
Relations between the two commercial broadcasters have soured in the past year after STV opted out of some ITV programmes to show homemade shows instead.
ITV said in September it had started legal proceedings against STV to recover what it said was a 38 million pound ($64 million) shortfall in network programme contributions. STV has said the claim was completely without merit.
STV said on Tuesday it had issued legal proceedings against ITV Network Ltd and ITV Broadcasting Ltd relating to the exploitation of new media rights.
"Although the amount of damages will require expert evidence to determine, STV estimates that they could be up to 12 million pounds," the group said.
Separately, in response to the earlier proceedings issued by ITV, STV submitted its defence which included claims against ITV for 35 million pounds and an additional counter-claim in respect of the conduct of the Airtime Sales Agreement by ITV Consumer."
ITV said the new legal claim was no more than a divisionary tactic to distract from its own proceedings.
"ITV Network has always entered into agreements for the benefit of all Channel 3 licensees and strongly disputes any allegation by STV to the contrary," a spokesman said.
"It is also important to note that STV is already being paid a revenue share on deals which have been struck on behalf of all licensees and therefore any claim that STV has suffered financial loss is baseless."

(Reporting by Kate Holton and Paul Sandle; Editing by Dan Lalor and Elaine Hardcastle)

($1 = 0.5941 pound) Keywords: STV LEGAL/ (kate.holton@reuters.com; +44 207 542 8560; Reuters Messaging:kate.holton.reuters.com@reuters.net)

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LONDON, Nov 17 (Reuters) - Scottish broadcaster STV intensified its dispute with ITV on Tuesday, saying it had filed a new legal claim against its larger network partner over new media rights.
Relations between the two commercial broadcasters have deteriorated in the past year after STV opted out of some ITV programmes to show homemade shows instead.
ITV said in September it had started legal proceedings against STV to recover what it said was a 38 million pound ($64 million) shortfall in network programme contributions. STV has said the claim was completely without merit.
In a separate case, STV said on Tuesday it had issued legal proceedings against ITV Network Limited and ITV Broadcasting Limited relating to the exploitation of new media rights.
"Although the amount of damages will require expert evidence to determine, STV estimates that they could be up to 12 million pounds," the group said.
"Separately, in response to the proceedings issued by ITV, on Nov. 13 STV submitted its defence, including claims against ITV for 35 million pounds and an additional counter-claim in respect of the conduct of the Airtime Sales Agreement by ITV Consumer."
ITV was not available for comment.

(Reporting by Kate Holton; Editing by Dan Lalor)

($1 = 0.5941 pound) Keywords: STV LEGAL/ (kate.holton@reuters.com; +44 207 542 8560; Reuters Messaging:kate.holton.reuters.com@reuters.net)

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LONDON, Nov 17 (Reuters) - STV Group PLC:

RNS Number : 6151C STV Group PLC 17 November 2009

17 November 2009

STV Group plc - STV Group plc files legal claim regarding new media rights against ITV Network and ITV Broadcasting

STV Group plc announces that its wholly owned subsidiaries STV Central Limited and STV North Limited have issued legal proceedings against ITV Network Limited and ITV Broadcasting Limited relating to the exploitation of new media rights.

Despite the new media rights being acquired and held for the benefit of all Channel 3 licensees, ITV Network and ITV Broadcasting have entered into commercial agreements without obtaining STV's consent. These commercial agreements use and exploit new media rights in STV Central and STV North's licence areas. A claim seeking damages; declaratory relief to determine the precise basis on which such right are held; and an injunction to prevent ITV Network and/or ITV Broadcasting from entering into any further new media rights agreements without STV's consent, was filed on 16 November 2009. Although the amount of damages will require expert evidence to determine STV estimates that they could be up to £12m.

Separately, in response to the proceedings issued by ITV, on 13 November 2009 STV submitted its Defence, including claims against ITV for £35m and an additional counter-claim in respect of the conduct of the Airtime Sales Agreement by ITV Consumer.

STV is also expecting to file further claims regarding significant prejudicial behaviour on the part of ITV Network and ITV plc. An update on this will be made shortly.

Further enquiries:

STV Group plc

Kirstin Stevenson, PR Manager 0141 300 3670

Brunswick Group LLP

Simon Sporborg 020 7404 5959

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

MSCBRBRTMMMBMML

LONDON, Nov 16 (Reuters) - ITV Plc:

RNS Number : 5631C

16 November 2009

ITV plc (the "Company")

Purchase of EUR59,950,000 4.75% Notes due 2011 (the "Notes")

ISIN: XS0269878905

The Company announces the purchase of EUR59,950,000 of its outstanding 4.75% Notes due 2011.

In accordance with the Terms and Conditions the purchased Notes will be cancelled as of today's date, reducing the outstanding principal amount of the Notes to EUR171,663,000.

16 November 2009

Notes:

1. Since October 2008 the Notes have paid a coupon of 6%.

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

POSEAFFKFSXNFFE

LONDON, Nov 16 (Reuters) - ITV Plc: