**map and mcg and mig turning!!****, page-4

Broadcast Australia continued strong performance relative to IPO
prospectus forecasts
à Interim distribution to 31 December 2004 of 14.4 cents per security
(cps)
à FY2005 forecast distribution of 28.8cps confirmed on expanded capital
base
à ntl:broadcast acquisition in UK announced December 04. With 54%
of ntl:broadcast MCG now more than double the size. Market
capitalisation $2.4bn
à 2006 preliminary distribution guidance raised 9% following
ntl:broadcast acquisition to 36cps