British Sky Broadcasting Group plc : Share Buyback - Close Period

BRITISH SKY BROADCASTING GROUP PLC - SHARE BUYBACK - CLOSE PERIOD 

British Sky Broadcasting Group plc (the "Company") announces that the Company has entered into an irrevocable and non-discretionary arrangement with its broker, Barclays Bank PLC, acting through its investment bank ("Barclays") to repurchase on its behalf and within certain pre-set parameters,  ordinary  shares  in  the Company for cancellation during the Company's close period commencing on 1 January 2014 and ending on 30 January 2014 (the day of the announcement of the Company's half year results for the 6 month period ended 31 December 2013) ("on-market purchases").  Following any on-market purchases, pursuant to a binding agreement with Twenty-First Century Fox dated 25 July 2013, Twenty-First Century Fox will sell to the Company sufficient ordinary shares to maintain its percentage shareholding at the same level as applied prior to those on-market purchases. 

These arrangements form part of the £500m buyback programme which was approved by shareholders at the Company's Annual General Meeting on 22 November 2013 and are in accordance with Chapter 12 of the UKLA Listing Rules and the Company's authorities to repurchase shares. 

Enquiries: Mark Chambers
Company Secretarial Assistant
Telephone: +44 (0)870 240 3000