RNS Number:7793U 
Granada PLC 
29 January 2004 
 
 
29 January 2004 
                                  Granada plc 
 
                                (the "Company") 
 
 
                           Issue of Redeemable Shares 
 
 
The Company has today issued 199,987,585 redeemable shares of £1 each to the 
holders of its ordinary shares on the register of members as at close of 
business on 28 January 2004 (the "Record Time"). 
 
On the basis of 2,768,595,717 ordinary shares in issue at the Record Time, the 
redeemable shares have been allotted on the following basis: 
 
    for every 13.841 ordinary shares held   1 redeemable share 
 
Where a fractional entitlement to a redeemable share would otherwise arise, the 
number of redeemable shares to be issued to a particular shareholder has been 
rounded down to the nearest whole number. 
 
A summary of the rights attaching to the redeemable shares is set out in Part 
Eight of the joint shareholder circular sent to the shareholders of the Company 
and Carlton Communications Plc ("Carlton") on 8 December 2003. As set out in 
that circular, it is the Company's current intention that, assuming completion 
of the Company's merger with Carlton (currently expected to occur on 2 February 
2004), the redeemable shares will be redeemed by the Company by 28 February 
2004. On that basis, no application has been, or will be, made for the 
redeemable shares to be listed on any stock exchange and no share certificates 
will be issued evidencing shareholders' entitlements. 
 
End 
 
 
                      This information is provided by RNS 
            The company news service from the London Stock Exchange 
END 
 
IOEPUUPAGUPCGGB