3 November 2006 BRITISH SKY BROADCASTING GROUP PLC Results for the three months ended 30 September 2006 BSkyB announces strong first quarter net subscriber growth and substantial demand for Sky Broadband Further strong growth in Television * DTH subscribers increased to 8.258 million, net growth of 82,000 in the quarter * Sky+ households increased by 139,000 in the quarter to 1,692,000, 20% penetration of total DTH subscribers * Multiroom households increased by 46,000 in the quarter to 1,093,000, 13% penetration of total DTH subscribers * HD households increased to 96,000, net growth of 58,000 in the quarter Strong progress since the launch of Residential Broadband and Telephony (1) * Substantial demand from Sky customers with around one million registrations * Successful use of pre-registration to proactively manage demand * 74,000 customers connected, with over 20,000 orders every week * 540 local exchanges unbundled - 36% of UK homes passed, with 25 exchanges now being unbundled every week * 49,000 customers signed up to Sky Talk's GBP5 per month anytime calls package taking the total Sky Talk customer base to 204,000 Continued strong financial performance * Revenue increased by 11% to GBP1,071 million * EBITDA, excluding Easynet and the impact of Residential Broadband (GBP34 million), increased by 8% to GBP258 million * Operating profit including Easynet and the impact of Residential Broadband of GBP180 million, an operating margin of 17% * Operating profit, excluding Easynet and the impact of Residential Broadband (GBP42 million), increased by 3% to GBP222 million, a margin of 22% * Basic earnings per share of 6.5 pence; adjusted earnings per share of 6.3 pence James Murdoch, Chief Executive said: "This has been an important period for the company. We are building on our leadership in pay television and are becoming an increasingly well positioned challenger in the GBP20 billion combined industry for pay television, broadband and telephone services. Sky has delivered the highest first quarter subscriber growth for three years and is seeing high demand across our range of services. One in three families in the UK and Republic of Ireland are choosing Sky for the widest choice in television and now almost a quarter of those families take at least one additional product from us as well. While it is still early, we are pleased with the progress since the launch of Sky Broadband and in just 15 weeks, we've seen a great response from Sky customers. Our preparations, pace of provisioning and investments in service and systems to manage demand are performing well. Our strategy is leading to an increase in revenue growth with overall revenues up 11% in the quarter. Our expansion into new areas is supported by continued growth and strong financial performance with pay television EBITDA up 8% in the quarter. A wide choice of quality programmes, innovative services like HDTV, Sky+, and broadband are not only attracting new customers, but also offering new services to existing customers. There's never been a better time to join in." Enquiries: Analysts/Investors: Andrew Griffith Tel: 020 7705 3118 Robert Kingston Tel: 020 7705 3726 E-mail: investor-relations@bskyb.com Press: Matthew Anderson Tel: 020 7705 3267 Robert Fraser Tel: 020 7705 3036 E-mail: corporate.communications@bskyb.com Finsbury: Alice Macandrew Tel: 020 7251 3801 A conference call for UK and European analysts and investors will be held at 8:30 a.m. (GMT) today. To register for this, please contact Silvana Marsh at Finsbury on +44 20 7251 3801. A live webcast of this call and replay facility will be available on Sky's corporate website, http://www.sky.com/corporate. There will be a separate conference call for US analysts and investors at 10.00 a.m. (EST) today. Details of this call have been sent to US institutions and can be obtained from Dana Johnson at Taylor Rafferty on +1 212 889 4350. A live webcast of this call and replay facility will also be available on Sky's corporate website, http://www.sky.com/corporate. (1) Residential Broadband and Telephony data as at 31 October 2006 To view the full document, please click on the link below http://www.rns-pdf.londonstockexchange.com/rns/4989l_-2006-11-2.pdf This information is provided by RNS The company news service from the London Stock Exchange
British Sky Broadcasting Group PLC announces 1st Quarter Results
| Source: British Sky Broadcasting Group PLC
Middlesex, UK -- (MARKET WIRE) -- November 3, 2006 --