UTV Media plc                                 
                                ("UTV" or "the Group")                             

                                    Interim Results                                
                         for the six months ended 30 June 2015                     

    Financial highlights *

      * Group revenue of £58.3m (2014: £57.8m)
      * Pre-tax profit of £1.0m (2014: £10.0m)
      * Group operating profit of £2.7m (2014: £11.2m)
      * Net debt of £46.9m (2014: £43.5m)
      * Diluted adjusted earnings per share of (0.55)p (2014: 8.28p)
      * Proposed interim dividend of 1.82p (2014: 1.82p)

    Operational highlights                                                        

      * Radio GB - 2014 World Cup impact softened by strong core trading
        performance
      * Continued strong audience performance across established radio and
        television businesses
      * Board has approved programming and marketing action plan for UTV Ireland

    * As appropriate, references to profit include income from joint ventures and
    associates

    Richard Huntingford, Chairman, UTV Media plc, said:

    "The challenges of establishing a new television channel are evident in these
    results which reflect the significant losses incurred by UTV Ireland in its
    first six months on air. Less evident, but not to be lost sight of, is the
    inherent value created by the establishment of a mainstream television channel
    in Europe's fastest growing economy, with long term licensing, programme supply
    and infrastructure in place."

    For further information contact:

    Enquiries                                                            
                                                                         
    Orla McKibbin, Director of         +44 (0) 28 9026 2188 / +44 (0)    
    Communications                     7879 666 427                      
                                                                         
                                       www.utvmedia.com/investors        
                                                                         
    Maitland                           +44 (0) 20 7379 5151              
    James Devas                                                          

    Chairman's Statement

    Introduction

    The challenges of establishing a new television channel are evident in these
    results which reflect the significant losses incurred by UTV Ireland in its
    first six months on air. Less evident, but not to be lost sight of, is the
    inherent value created by the establishment of a mainstream television channel
    in Europe's fastest growing economy, with long term licensing, programme supply
    and infrastructure in place.

    Results and Dividend *

    Group operating profit was £2.7m (2014: £11.2m) on group revenue of £58.3m
    (2014: £57.8m).    A reduction in the net interest charge to £1.0m (2014: £
    1.3m) was more than offset by a foreign exchange loss of £0.7m (2014: £Nil)
    resulting in a group pre-tax profit of £1.0m (2014: £10.0m).  Diluted adjusted
    earnings per share were (0.55)p (2014: 8.28p).  The investment in UTV Ireland
    was well supported by the strong cash generation characteristics of the rest of
    the group.  As a result, net debt increased by just £3.4m to £46.9m
    representing Net debt/EBITDA at 30 June 2015 of 3.40 times (30 June 2014: 1.72
    times).  The group agreed a relaxation with its bankers of its Net debt/EBITDA
    covenant from 3.50: 1 to 4.50: 1 for one year to 30 June 2016.

    The Board is proposing a dividend of 1.82p (2014: 1.82p).

    * As appropriate, references to profit include income from associates and joint
    venture.                                                  

    Television

    Turnover in our Northern Ireland television business was down by 2% in the
    first six months of the year, reflecting an 11% decrease in advertising revenue
    from Belfast.  This decrease resulted from a significant cut in expenditure by
    government departments in the Northern Ireland Assembly.  Incorporating the
    results of Tibus and Simply Zesty, operating profit in our Northern Ireland
    television business was £4.2m (2014: £4.9m).

    Turnover in our new television channel, UTV Ireland, fell below expectations as
    a result of a slower build in audience numbers.  In the first six months, UTV
    Ireland's share of commercial impacts was 11.4%, compared to our original
    forecast of approximately 15%.  Early teething issues, such as the re-tuning of
    domestic digital receivers, further compounded the problem of audience
    under-delivery, resulting in turnover for the first half being recorded at £
    4.9m (2014: £Nil).  With costs of £12.4m (2014: £0.5m), in the first half,
    operating losses at UTV Ireland were £7.5m (2014: £0.5m), creating an overall
    operating loss in the television division of £3.3m (2014: operating profit of £
    4.4m).

    Radio *

    Operating profit in our radio division was £0.9m lower at £7.9m on turnover of
    £34.6m (2014: £38.8m).  Revenues in our GB radio division were down by £2.6m to
    £25.8m, with lower revenues at talkSPORT accounting for all of this.  In a post
    World Cup year, and in the context of a national advertising market which was
    flat in the six month period, talkSPORT's 15% revenue decline was a creditable
    performance, while its cost base reduced by £2.1m.   Our local radio stations
    experienced modest growth and held costs at the previous year's level.  GB
    Radio operating profit, therefore, was down by only £0.5m to £5.8m.  As
    previously reported, a strategic review of our local radio stations is being
    carried out with disposal terms in respect of one station, Juice FM in
    Liverpool, having been agreed.  Subject to CMA approval the £10.0m cash
    proceeds of this disposal are expected to be received in Q4.

    The Irish radio advertising market failed to respond to the increasingly
    positive macroeconomic data and, in the first six months, was estimated by the
    advertising agencies to be down by about 4%.  Significant currency headwinds
    compounded this leading to an overall reduction in our Irish radio advertising
    revenues of £1.5m to £8.8m.  With compensating currency tailwinds in our
    operating cost base, Irish radio operating profit for the first half was £0.4m
    lower at £2.1m.

    * As appropriate, references to profit include income from associates and joint
    venture.                                                  

    Prospects

    We are experiencing good growth from both our London and Dublin offices and
    this is expected to generate growth in Northern Ireland television advertising
    revenue of 4% in the current quarter.  However the budget impasse in the local
    assembly continues and this is expected to create a drag on our Northern
    Ireland television advertising revenue from Belfast in the third quarter.

    UTV Ireland's progress is closely linked to the performance of ITV network's
    programming, which is the mainstay of its output, and there are new series
    scheduled for the autumn which have been favourably commented upon.  Alongside
    this, we are implementing an action plan which includes stronger domestic
    programming, more effective marketing and a better defined branding strategy.

    As we move through Q3, the tough World Cup comparator for talkSPORT falls away,
    with good growth forecast for both August and September.  For the current
    quarter as a whole, talkSPORT's advertising revenue is expected to be up by 1%,
    with similar growth from our local radio stations.

    The poor performance of the Irish radio market relative to the economy
    continued on into July and August, with the strength of sterling exerting
    further downward pressure on our reported Irish radio revenues.  However,
    advertising agencies are generally positive about the last four months of the
    year and we are forecasting growth of 3% in local currency for September which
    would result in a 5% reduction on the same basis for the third quarter as a
    whole.

    Richard Huntingford
    Chairman
    28 August 2015



    Group Income Statement
    for the six months ended 30 June 2015

                                         Notes              30 June  30 June  
                                                                              
                                                               2015     2014  
                                                                              
                                                               £000     £000  
                                                                              
    Continuing operations                                                     
                                                                              
    Revenue                                  3               58,262   57,781  
                                                                              
    Operating costs                                        (55,765) (46,731)  
                                                                              
                                                            -------  -------  
                                                                              
    Operating profit from                                                     
    continuing operations                                     2,497   11,050  
    before tax and finance                                                    
    costs                                                                     
                                                                              
    Share of results of                                                       
    JVs and associates                                          185      142  
    accounted for using                                                       
    the equity method                                                         
                                                                              
                                                            -------  -------  
                                                                              
    Profit from continuing                                                    
    operations before tax                    3                2,682   11,192  
    and finance costs                                                         
                                                                              
    Finance revenue                                              22       26  
                                                                              
    Finance costs                                           (1,021)  (1,283)  
                                                                              
    Foreign exchange                                          (703)       27  
    (loss)/gain                                                               
                                                                              
                                                            -------  -------  
                                                                              
    Profit from continuing                   3                  980    9,962  
    operations before tax                                                     
                                                                              
    Taxation                                                (1,460)  (1,970)  
                                                                              
                                                            -------  -------  
                                                                              
    (Loss)/profit from                                                        
    continuing operations                                     (480)    7,992  
    after tax                                                                 
                                                                              
    Discontinued                                                              
    operations                                                                
                                                                              
    Loss from discontinued                                        -     (61)  
    operations                                                                
                                                                              
                                                            -------  -------  
                                                                              
    (Loss)/profit for the                                     (480)    7,931  
    period                                                                    
                                                                              
                                                            -------   ------  
                                                                              
                                                                              
    Attributable to:                                                          
                                                                              
    Equity holders of the                                     (556)    7,855  
    parent                                                                    
                                                                              
    Non-controlling                                              76       76  
    interest                                                                  
                                                                              
                                                            -------  -------  
                                                                              
                                                              (480)    7,931  
                                                                              
                                                            -------   ------  
                                                                              
    (Loss)/Earnings per                                        2015     2014  
    share                                                                     
                                                                              
    Continuing operations                                                     
                                                                              
    Basic                                    6              (0.58)p    8.26p  
                                                                              
    Diluted                                  6              (0.58)p    8.19p  
                                                                              
    Adjusted                                 6              (0.55)p    8.35p  
                                                                              
    Diluted adjusted                         6              (0.55)p    8.28p  
                                                                              
    Continuing and                                                            
    discontinued                                                              
    operations                                                                
                                                                              
    Basic                                    6              (0.58)p    8.20p  
                                                                              
    Diluted                                  6              (0.58)p    8.13p  
                                                                              
    Adjusted                                 6              (0.55)p    8.29p  
                                                                              
    Diluted adjusted                         6              (0.55)p    8.22p  



    Group Statement of Comprehensive Income
    for the six months ended 30 June 2015

                                                              30 June     30
                                                                        June
                                                                            
                                                                 2015   2014

       

                                                                £000    £000
                                                                            
    (Loss)/profit for the period                               (480)   7,931
                                                                            
                                                             ------- -------
                                                                            
    Other comprehensive (loss)/income                                       
                                                                            
    Items that will not be reclassified                                     
    subsequently to profit or loss:                                         
                                                                            
    Actuarial loss on defined benefit                        (2,223) (2,081)
    pension schemes                                                         
                                                                            
    Income tax relating to items that                            445     416
    will not be reclassified subsequently                                   
                                                                            
                                                             ------- -------
                                                                            
                                                             (1,778) (1,665)
                                                                            
                                                             ------- -------
                                                                            
    Items that may be reclassified                                          
    subsequently to profit or loss:                                         
                                                                            
    Cash flow hedges                                                        
                                                                            
    Gain arising during the period                               293       -
                                                                            
    Less transfers to the income                                (17)       -
    statement                                                               
                                                                            
    Exchange difference on translation of                    (3,874) (1,881)
    foreign operations                                                      
                                                                            
    Income tax relating to items that may                       (22)       -
    be reclassified                                                         
                                                                            
                                                             ------- -------
                                                                            
                                                             (3,620) (1,881)
                                                                            
                                                             ------- -------
                                                                            
    Other comprehensive loss for the                         (5,398) (3,546)
    period, net of tax                                                      
                                                                            
                                                             ------- -------
                                                                            
    Total comprehensive (loss)/income for                    (5,878)   4,385
    the period, net of tax                                                  
                                                                            
                                                             ------- -------
                                                                            
    Attributable to:                                                        
                                                                            
    Equity holders of the parent                             (5,954)   4,309
                                                                            
    Non-controlling interest                                      76      76
                                                                            
                                                             ------- -------
                                                                            
                                                             (5,878)   4,385
                                                                            
                                                             ------- -------
                                                                            
                                                                            
                                                                            
                                                                            



    Group Balance Sheet
    for the six months ended 30 June 2015

                                                  30      30         31
                                                                       
                                                June    June   December
                                                                       
                                       Notes    2015    2014       2014

       

                                                 £000     £000     £000
                                                                       
    ASSETS                                                             
                                                                       
    Non-current assets                                                 
                                                                       
    Property, plant and equipment          7   17,546   12,487   17,360
                                                                       
    Intangible assets                         166,047  174,374  172,163
                                                                       
    Investments accounted for using               864      890      900
    the equity method                                                  
                                                                       
    Deferred tax asset                          1,691    1,818    1,531
                                                                       
                                              -------  -------  -------
                                                                       
                                              186,148  189,569  191,594
                                                                       
                                              -------  -------  -------
                                                                       
    Current assets                                                     
                                                                       
    Inventories                                 1,591      785    2,390
                                                                       
    Trade and other receivables                21,567   22,298   23,502
                                                                       
    Financial assets                       8      376      375      275
                                                                       
    Cash and short term deposits               12,832   13,906   12,886
                                                                       
                                              -------  -------  -------
                                                                       
                                               36,366   37,364   39,053
                                                                       
                                              -------  -------  -------
                                                                       
    TOTAL ASSETS                              222,514  226,933  231,007
                                                                       
                                              -------  -------  -------
                                                                       
    EQUITY AND LIABILITIES                                             
                                                                       
    Equity attributable to equity                                      
    holders of the parent                                              
                                                                       
    Equity share capital                       55,557   55,557   55,557
                                                                       
    Capital redemption reserve                     50       50       50
                                                                       
    Treasury shares                             (104)        -    (104)
                                                                       
    Foreign currency reserve                    (303)    5,069    3,571
                                                                       
    Cash flow hedge reserve                       276        -        -
                                                                       
    Retained earnings                          38,038   39,336   45,428
                                                                       
                                              -------  -------  -------
                                                                       
                                               93,514  100,012  104,502
                                                                       
    Non-controlling interest                      129       85       53
                                                                       
                                              -------  -------  -------
                                                                       
    TOTAL EQUITY                               93,643  100,097  104,555
                                                                       
                                              -------  -------  -------
                                                                       
    Non-current liabilities                                            
                                                                       
    Financial liabilities                  8   56,437   53,594   55,399
                                                                       
    Pension liability                      9    3,229    4,241    1,971
                                                                       
    Provisions                                    622      413      372
                                                                       
    Deferred tax liabilities                   32,979   34,518   34,266
                                                                       
                                              -------  -------  -------
                                                                       
                                               93,267   92,766   92,008
                                                                       
                                              -------  -------  -------
                                                                       
    Current liabilities                                                
                                                                       
    Trade and other payables                   29,766   27,291   28,058
                                                                       
    Financial liabilities                  8    3,335    3,790    3,668
                                                                       
    Tax payable                                 1,829    2,313    1,909
                                                                       
    Provisions                                    674      676      809
                                                                       
                                              -------  -------  -------
                                                                       
                                               35,604   34,070   34,444
                                                                       
                                              -------  -------  -------
                                                                       
    TOTAL LIABILITIES                         128,871  126,836  126,452
                                                                       
                                              -------  -------  -------
                                                                       
    TOTAL EQUITY AND LIABILITIES              222,514  226,933  231,007
                                                                       
                                              -------  -------  -------



    Group Cash Flow
    for the six months ended 30 June 2015

                                                         30 June 30 June
                                                                        
                                                            2015    2014
                                                                        
                                                            £000    £000
                                                                        
    Operating activities                                                
                                                                        
    Profit before tax (i)                                    980   9,851
                                                                        
    Adjustments to reconcile profit                                     
    before tax to                                                       
        net cash flows from                                             
    operating activities                                                
                                                                        
    Foreign exchange loss/(gain)                             703    (27)
                                                                        
    Net finance costs                                        999   1,257
                                                                        
    Share of results of associates                         (185)   (142)
    and joint ventures                                                  
                                                                        
    Depreciation of property, plant                        1,514     971
    and equipment                                                       
                                                                        
    Gain from sale of property,                              (1)       -
    plant and equipment                                                 
                                                                        
    Share based payments                                     171     175
                                                                        
    Difference between pension                                          
    contributions paid and                               (1,038) (2,530)
    amounts recognised in the income                                    
    statement                                                           
                                                                        
    Decrease in inventories                                  799     973
                                                                        
    Decrease in trade and other                            1,286     228
    receivables                                                         
                                                                        
    Decrease in trade and other                          (2,830) (1,169)
    payables                                                            
                                                                        
    Increase/(decrease) in                                   115    (22)
    provisions                                                          
                                                                        
                                                         ------- -------
                                                                        
    Cash generated from operations                         2,513   9,565
                                                                        
    Tax paid                                             (1,241)   (729)
                                                                        
                                                         ------- -------
                                                                        
    Net cash inflow from operating                         1,272   8,836
    activities                                                          
                                                                        
                                                         ------- -------
                                                                        
    Investing activities                                                
                                                                        
    Interest received                                         24      26
                                                                        
    Proceeds on disposal of                                    1       1
    property, plant and equipment                                       
                                                                        
    Purchase of property, plant and                      (2,167) (1,893)
    equipment                                                           
                                                                        
    Income received from associates                          221      75
    and joint ventures                                                  
                                                                        
    Proceeds from the disposal of                            175     300
    discontinued operations                                             
                                                                        
                                                         ------- -------
                                                                        
    Net cash flows from investing                        (1,746) (1,491)
    activities                                                          
                                                                        
                                                         ------- -------
                                                                        
    Financing activities                                                
                                                                        
    Borrowing costs                                      (1,084) (1,078)
                                                                        
    Acquisition of treasury shares                             -   (402)
                                                                        
    Dividends paid to equity                                 (4)     (3)
    shareholders                                                        
                                                                        
    Dividends paid to                                          -    (97)
    non-controlling interests                                           
                                                                        
    Repayment of borrowings                              (1,939) (2,000)
                                                                        
    Proceeds from borrowings                               3,582       -
                                                                        
                                                         ------- -------
                                                                        
    Net cash flows used in financing                         555 (3,580)
    activities                                                          
                                                                        
                                                         ------- -------
                                                                        
    Net increase in cash and cash                             81   3,765
    equivalents                                                         
                                                                        
    Net foreign exchange differences                       (135)    (44)
                                                                        
    Cash and cash equivalents at 1                        12,886  10,185
    January                                                             
                                                                        
                                                         ------- -------
                                                                        
    Cash and cash equivalents at 30                       12,832  13,906
    June                                                                
                                                                        
                                                         ------- -------
                                                                        
                                                                        
    (i) Includes both continuing and                                    
    discontinued operations                                             



    Group Statement of Changes in Equity
    for the six months ended 30 June 2015

                   Equity    Capital Treasury  Foreign Cashflow Retained   Share        Non-        
                    share redemption   shares currency    hedge earnings  holder controlling   Total
                  capital    reserve           reserve  reserve           equity    interest        
                                                                                                    
                     £000       £000     £000     £000     £000     £000    £000        £000    £000
                                                                                                    
    At 1 January   55,557         50    (123)    6,950        -   38,531 100,965         106 101,071
    2014                                                                                            
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    Profit for          -          -        -        -        -    7,855   7,855          76   7,931
    the period                                                                                      
                                                                                                    
    Other                                                                                           
    comprehensive       -          -        -  (1,881)        -  (1,665) (3,546)           - (3,546)
    income in the                                                                                   
    period                                                                                          
                                                                                                    
                   ------     ------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    Total net                                                                                       
    comprehensive       -          -        -  (1,881)        -    6,190   4,309          76   4,385
    income in the                                                                                   
    period                                                                                          
                                                                                                    
    Acquisition                                                                                     
    of treasury         -          -    (402)        -        -        -   (402)           -   (402)
    shares                                                                                          
                                                                                                    
    Treasury            -          -      525        -        -    (525)       -           -       -
    shares issued                                                                                   
                                                                                                    
    Share based         -          -        -        -        -      175     175           -     175
    payment                                                                                         
                                                                                                    
    Equity                                                                                          
    dividends           -          -        -        -        -  (5,035) (5,035)        (97) (5,132)
    paid and                                                                                        
    payable                                                                                         
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    At 30 June     55,557         50        -    5,069        -   39,336 100,012          85 100,097
    2014                                                                                            
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    Profit for          -          -        -        -        -    5,788   5,788          81   5,869
    the period                                                                                      
                                                                                                    
    Other                                                                                           
    comprehensive       -          -        -  (1,498)        -    1,921     423           -     423
    income/(loss)                                                                                   
    in the period                                                                                   
                                                                                                    
                   ------     ------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    Total net                                                                                       
    comprehensive       -          -        -  (1,498)        -    7,709   6,211          81   6,292
    income in the                                                                                   
    period                                                                                          
                                                                                                    
    Acquisition                                                                                     
    of treasury                         (104)        -        -        -   (104)           -   (104)
    shares                                                                                          
                                                                                                    
    Share based         -          -        -        -        -      128     128           -     128
    payment                                                                                         
                                                                                                    
    Equity                                                                                          
    dividends           -          -        -        -        -  (1,745) (1,745)       (113) (1,858)
    paid                                                                                            
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    At 31          55,557         50    (104)    3,571        -   45,428 104,502          53 104,555
    December 2014                                                                                   
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    (Loss)/profit                                                                                   
    for the             -          -        -        -        -    (556)   (556)          76   (480)
    period                                                                                          
                                                                                                    
    Other                                                                                           
    comprehensive       -          -        -  (3,874)      276  (1,800) (5,398)           - (5,398)
    (loss)/income                                                                                   
    in the period                                                                                   
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    Total net                                                                                       
    comprehensive       -          -        -  (3,874)      276  (2,356) (5,954)          76 (5,878)
    (loss)/income                                                                                   
    in the period                                                                                   
                                                                                                    
    Share based         -          -        -        -        -      171     171           -     171
    payment                                                                                         
                                                                                                    
    Equity                                                                                          
    dividends           -          -        -        -        -  (5,205) (5,205)           - (5,205)
    paid and                                                                                        
    payable                                                                                         
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------
                                                                                                    
    At 30 June     55,557         50    (104)    (303)      276   38,038  93,514         129  93,643
    2015                                                                                            
                                                                                                    
                   ------    -------  -------  -------  -------  ------- -------     ------- -------



    Notes to the accounts

    1.    Basis of preparation

    The condensed interim financial statements have been prepared in accordance
    with IAS34 "Interim Financial Reporting" and the Disclosure and Transparency
    Rules of the Financial Conduct Authority. 

    In addition, the interim condensed financial statements have been prepared on a
    basis consistent with the accounting policies set out in the Group's Annual
    Report and Accounts for the year ended 31 December 2014.  A number of New
    European Union endorsed amendments to existing standards are effective for
    periods beginning on or after 1 January 2015. However, none of these have a
    material, if any, impact on the annual or condensed interim financial
    statements of the Group in 2015.

    These interim statements have been prepared on a going concern basis as the
    directors, having considered available relevant information, have a reasonable
    expectation that the Group has adequate resources to continue in operational
    existence for the foreseeable future.

    The interim results are unaudited but have been formally reviewed by the
    auditors and their report to the Company is set out at the end of this Interim
    Report.  The information shown for the year ended 31 December 2014 does not
    constitute statutory accounts within the meaning of Section 434 of the
    Companies Act 2006 and has been extracted from the Group's 2014 Annual Report,
    which has been filed with the Registrar of Companies.  The report of the
    auditors on the accounts contained within the Group's 2014 Annual Report was
    unqualified and did not contain a statement under either Section 498(2) or
    Section 498(3) of the Companies Act 2006 regarding inadequate accounting
    records or a failure to obtain necessary information and explanations. 

    2.    Seasonality and cyclicality

    The established businesses historically have had no significant seasonality or
    cyclicality affecting the interim results of the operations. However, the
    launch of UTV Ireland in January 2015 has had a significant impact on the
    seasonality and cyclicality of the Group.  The Board have agreed upon and
    implemented an action plan to improve the performance of UTV Ireland in order
    to reduce this impact and as such remains confident that UTV Ireland will
    create long-term strategic value for shareholders.

    3.    Segmental information

    The Group operates in three principal areas of activity - radio in GB, radio in
    Ireland and commercial television.  These three principal areas of activity
    also form the basis on which the Group is managed and reports are provided to
    the Chief Executive and the Board. 

    Revenue

    Six months ended 30 June 2015

                              Radio GB  Radio Ireland  Television   Total
                                                                         
                                  £000           £000        £000    £000
                                                                         
    Sales to third parties      25,839          8,814      23,609  58,262
                                                                         
    Intersegmental sales           344            678         932   1,954
                                                                         
                               -------        -------     ------- -------
                                                                         
                                26,183          9,492      24,541  60,216
                                                                         
                               -------        -------     ------- -------

    Six months ended 30 June 2014

                              Radio GB  Radio Ireland  Television   Total
                                                                         
                                  £000           £000        £000    £000
                                                                         
    Sales to third parties      28,485         10,287      19,009  57,781
                                                                         
    Intersegmental sales           289            586       1,493   2,368
                                                                         
                               -------        -------     ------- -------
                                                                         
                                28,774         10,873      20,502  60,149
                                                                         
                               -------        -------     ------- -------

    Results

    Six months ended 30 June 2015

                                       Radio      Radio Television   Total
                                          GB    Ireland                   
                                                                          
                                        £000       £000       £000    £000
                                                                          
    Segment operating profit/(loss)    5,573      2,128    (3,295)   4,406
                                                                          
                                     -------    -------    -------        
                                                                          
    Central costs                                                  (1,909)
                                                                          
    Income from Joint Ventures and                                     185
    Associates                                                            
                                                                          
                                                                   -------
                                                                          
    Profit before tax and finance                                    2,682
    costs                                                                 
                                                                          
    Net finance cost                                                 (999)
                                                                          
    Foreign exchange loss                                            (703)
                                                                          
                                                                   -------
                                                                          
    Profit before taxation                                             980
                                                                          
                                                                   -------

    Six months ended 30 June 2014

                                       Radio      Radio Television   Total
                                          GB    Ireland                   
                                                                          
                                        £000       £000       £000    £000
                                                                          
    Segment operating profit           6,112      2,533      4,376  13,021
                                                                          
                                     -------    -------    -------        
                                                                          
    Central costs                                                  (1,971)
                                                                          
    Income from Joint Ventures and                                     142
    Associates                                                            
                                                                          
                                                                   -------
                                                                          
    Profit before tax and finance                                   11,192
    costs                                                                 
                                                                          
    Net finance cost                                               (1,257)
                                                                          
    Foreign exchange gain                                               27
                                                                          
                                                                   -------
                                                                          
    Profit before taxation                                           9,962
                                                                          
                                                                   -------

    4.      Taxation

    In the budget in July 2015, it was proposed that corporation tax rates in the
    UK would be reduced to 19% in 2017 and 18% in 2020.  As these have not yet been
    substantively enacted, deferred tax has been calculated at 20% within this
    Interim Report.  If the proposed corporation tax rate changes were to be fully
    approved, the relevant deferred tax assets and liabilities would be restated
    accordingly resulting in a net exceptional credit of approximately £1,780,000.

    5.      Dividends

                                                      30 June   30 June
                                                         2015      2014
                                                                       
                                                         £000      £000
                                                                       
    Equity dividends on ordinary shares                                
                                                                       
    Declared at the AGM during the period                              
                                                                       
    Final for 2014: 5.43p (2013: 5.25p)                 5,205     5,035
                                                                       
                                                      -------   -------
                                                                       
    Proposed but not recognised as a liability at                      
    30 June                                                            
                                                                       
    Interim for 2015: 1.82p (2014: 1.82p)               1,744     1,745
                                                                       
                                                      -------   -------

    The final dividend for 2014 was paid on 15 July 2015 (2013: 15 July 2014).

    6.      Earnings per share

    Basic earnings per share are calculated based on the profit for the financial
    period attributable to equity holders of the parent and on the weighted average
    number of shares in issue during the period.

    Adjusted earnings per share are calculated based on the profit for the
    financial period attributable to equity holders of the parent adjusted for the
    impact of net finance costs under IAS 19 "Employee Benefits (Revised)".  This
    calculation uses the weighted average number of shares in issue during the
    year.

    Diluted earnings per share are calculated based on profit for the financial
    period attributable to equity holders of the parent.  Diluted adjusted earnings
    per share are calculated based on profit for the financial period attributable
    to equity holders of the parent before the impact of net finance costs under
    IAS 19 "Employee Benefits (Revised)".  In each case the weighted average number
    of shares is adjusted to reflect the dilutive potential of the awards expected
    to be vested on the Long Term Incentive Schemes. 

    The following reflects the income and share data used in the basic, adjusted,
    diluted and diluted adjusted earnings per share calculations:

    Net profit attributable to equity holders

                              30 June 2015                    30 June 2014          
                                                                                    
                     Continuing Discontinued   Total Continuing Discontinued   Total
                     Operations   Operations         Operations   Operations        
                                                                                    
                           £000         £000    £000       £000         £000    £000
                                                                                    
    Net (loss)/                                                                     
    profit                (556)            -   (556)      7,916         (61)   7,855
    attributable to                                                                 
    equity holders                                                                  
                                                                                    
    Adjustments to                                                                  
    net financing            28            -      28         93            -      93
    costs                                                                           
                                                                                    
                         ------       ------  ------     ------       ------  ------
                                                                                    
    Total adjusted                                                                  
    and diluted                                                                     
    (loss)/profit         (528)            -   (528)      8,009         (61)   7,948
    attributable to                                                                 
    equity holders                                                                  
                                                                                    
                        -------      ------- -------    -------      ------- -------

    Weighted average number of shares

                    2015                                                2014
                                                                            
               thousands                                           thousands
                                                                            
    Shares in     95,903                                              95,903
    issue                                                                   
                                                                            
    Weighted                                                                
    average                                                                 
    number of       (53)                                                (29)
    treasury                                                                
    shares                                                                  
                                                                            
                 -------                                             -------
                                                                            
    Weighted                                                                
    average                                                                 
    number of                                                               
    shares for                                                              
    basic and                                                               
                  95,850                                              95,874
    adjusted                                                                
    earnings                                                                
    per share                                                               
    (excluding                                                              
    treasury                                                                
    shares)                                                                 
                                                                            
    Effect of                                                               
    dilution                                                                
    of the           238                                                 824
    Long Term                                                               
    Incentive                                                               
    Plan                                                                    
                                                                            
                 -------                                             -------
                                                                            
                  96,088                                              96,698
                                                                            
                 -------                                             -------

    Earnings per share

                                   2015            2014
                                                       
    From continuing                                    
    operations                                         
                                                       
    Basic                       (0.58)p           8.26p
                                                       
                                -------         -------
                                                       
    Diluted                     (0.58)p           8.19p
                                                       
                                -------         -------
                                                       
    Adjusted                    (0.55)p           8.35p
                                                       
                                -------         -------
                                                       
    Diluted adjusted            (0.55)p           8.28p
                                                       
                                -------         -------

       

    From                                                                    
    continuing                                                              
    and                                                                     
    discontinued                                                            
    operations                                                              
                                                                            
    Basic        (0.58)p                                               8.20p
                                                                            
                 -------                                             -------
                                                                            
    Diluted      (0.58)p                                               8.13p
                                                                            
                 -------                                             -------
                                                                            
    Adjusted     (0.55)p                                               8.29p
                                                                            
                 -------                                             -------
                                                                            
    Diluted      (0.55)p                                               8.22p
    adjusted                                                                
                                                                            
                 -------                                             -------
                                                                            
                                                                            
    From                                                                    
    discontinued                                                            
    operations                                                              
                                                                            
    Basic              -                                             (0.06)p
                                                                            
                 -------                                             -------
                                                                            
    Diluted            -                                             (0.06)p
                                                                            
                 -------                                             -------
                                                                            
    Adjusted           -                                             (0.06)p
                                                                            
                 -------                                             -------
                                                                            
    Diluted            -                                             (0.06)p
    adjusted                                                                
                                                                            
                 -------                                             -------

    7.   Property, plant and equipment

    During the period the Group incurred £2,020,000 (2014: £1,627,000) of capital
    additions. 

    At 30 June 2015 the Group had entered into contractual commitments for the
    acquisition of property, plant and equipment amounting to £390,000 (2014: £
    Nil).

    8.   Financial instruments

    The Group's principal financial instruments comprise bank loans and cash and
    short-term deposits.  The main purpose of these financial instruments is to
    raise finance for the Group's operations.  The Group has various other
    financial assets and liabilities, such as trade receivables and trade payables,
    which arise directly from its operations.  Contingent consideration arises in
    respect of the disposal of businesses.  

    Set out below is a comparison by category of carrying amounts and fair values
    of the Group's financial assets and liabilities, excluding trade receivables
    and payables, that are carried in the financial statements.

                           30 June 2015     30 June 2014 31 December 2014
                                                                         
                       Carrying    Fair Carrying    Fair Carrying    Fair
                       amount     value amount     value amount     value
                                                                         
                           £000    £000     £000    £000     £000    £000
                                                                         
    Financial assets                                                     
                                                                         
    Contingent              100     100      375     375      275     275
    consideration                                                        
                                                                         
    Derivative              276     276        -       -        -       -
    financial assets                                                     
                                                                         
                         ------  ------   ------  ------   ------  ------
                                                                         
                            376     376      375     375      275     275
                                                                         
                        ------- -------  ------- -------  ------- -------
                                                                         
    Financial                                                            
    liabilities                                                          
                                                                         
    Interest-bearing                                                     
    loans and            59,772  59,772   57,384  57,384   59,067  59,067
    borrowings                                                           
                                                                         
                        ------- -------  ------- -------  ------- -------

    The Group uses the following hierarchy as set out in IFRS 7 "Financial
    Instruments: Disclosures" and IFRS 13 "Fair Value measurement" for determining
    and disclosing the fair value of financial instruments by valuation technique:

      * Level 1: quoted (unadjusted) prices in active markets for identical assets
        or liabilities;
      * Level 2: other techniques for which all inputs which have a significant
        effect on the recorded fair value are observable, either directly or
        indirectly; and,
      * Level 3: techniques which use inputs which have a significant effect on the
        recorded fair value that are not based on observable market data.

    With the exception of the contingent consideration receivable, which is
    considered as falling within level 3, the Group's other financial assets and
    liabilities are considered as falling within level 2 of this hierarchy. For
    assets and liabilities that are recognised in the financial statements on a
    recurring basis, the Group determines whether transfers have occurred between
    levels in the hierarchy by re-assessing categorisation at the end of each
    reporting period.  There have been no transfers between level 1, 2 or 3 of the
    hierarchy or changes in valuation techniques during the current period or in
    the previous years.

    Management have assessed that the fair value of cash and cash equivalents,
    trade and other receivables and trade and other payables approximate to their
    carrying amounts largely due to the short-term maturities of these
    instruments.  The fair value of interest bearing loans and borrowings are also
    a close approximation to their carrying value given that they bear interest at
    floating rates based on Libor/Euribor.

    The bank loans at 30 June 2015 are stated net of deferred financing costs
    amounting to £397,000
    (30 June 2014: £618,000; 31 December 2014: £509,000).

    The fair value of derivative financial assets which relate to foreign exchange
    forward contracts is determined by calculating the present value of future cash
    flows, estimated using forward rates from third party market price quotations.

    Contingent consideration receivable relates to amounts due in respect of the
    disposal of certain of the Group's New Media businesses in 2014.  The fair
    value of these amounts is measured using the present value of the
    probability-weighted average of pay out associated with each possible outcome
    of customer profitability or migration milestones achieved under the related
    disposal agreements.   The range of possible outcomes in respect of these
    arrangements is considered by the Directors to not be materially different from
    their fair values at 30 June 2015.  Changes in the fair value of these amounts
    during the 6 months ended 30 June 2015 and in the year ended 31 December 2014
    are not material to the Group's Income Statement.

    9.      Pension schemes

    The IAS 19 deficit at 30 June 2015 is £3,229,000 (30 June 2014: £4,241,000)
    compared with a deficit of £1,971,000 at 31 December 2014.  The increase is
    predominately due to the actuarial increase in the schemes liabilities.  During
    the period there was a discretionary employer contribution of £1,209,000. 

    10.   Related party transactions

    The nature of related parties disclosed in the consolidated financial
    statements for the Group as at and for the year ended 31 December 2014 has not
    changed.  There have been no significant related party transactions in the six
    month period ended 30 June 2015.

    Risks and uncertainties

    The 2014 Annual Report sets out the most significant risk factors relating to
    UTV Media plc's operations in the Company's judgement at the time of that
    report.  The Company does not consider that these principal risks and
    uncertainties have changed.  However additional risks and uncertainties not
    currently known to the Company or that the Company does not currently deem
    material may also have an adverse effect on its business.

    With respect to the risks and uncertainties identified within the Annual
    Report, the Chairman's statement highlights those risks and uncertainties that
    will have significant impact throughout 2015.

    Statement of directors' responsibilities

    The interim report is the responsibility of, and has been approved by, the
    directors of UTV Media plc.  Accordingly, the directors confirm that to the
    best of their knowledge:

    ·           the condensed set of financial statements has been prepared in
    accordance with IAS 34 "Interim Financial Reporting" as adopted by the European
    Union;

    ·           the interim report includes a fair review of the information
    required by the Disclosure and Transparency Rules:

    -          DTR 4.2.7R, being an indication of important events that have
    occurred during the first six   months of the financial year and their impact
    on the condensed set of financial statements, and a description of the
    principal risks and uncertainties for the remaining six months of the year; and

    -          DTR 4.2.8R, being related party transactions that have taken place
    in the first six months of the current financial year and that have materially
    affected the financial position or performance of the entity during that
    period, and any changes in the related party transactions described in the last
    annual report that could do so.

    By order of the Board:

    John McCann
    Group Chief Executive
    28 August 2015



    Independent review report to UTV Media plc

    Introduction

    We have been engaged by the Company to review the condensed set of financial
    statements in the half-yearly financial report for the 6 months ended 30 June
    2015 which comprises the Group Income Statement, Group Statement of
    Comprehensive Income, Group Balance Sheet, Group Statement of Changes in
    Equity, Group Cash Flow Statement and the related notes 1 to 10. We have read
    the other information contained in the half yearly financial report and
    considered whether it contains any apparent misstatements or material
    inconsistencies with the information in the condensed set of financial
    statements.

    This report is made solely to the company in accordance with guidance contained
    in ISRE 2410 (UK and Ireland) "Review of Interim Financial Information
    Performed by the Independent Auditor of the Entity" issued by the Auditing
    Practices Board. To the fullest extent permitted by law, we do not accept or
    assume responsibility to anyone other than the company, for our work, for this
    report, or for the conclusions we have formed.

    Directors' Responsibilities

    The half-yearly financial report is the responsibility of, and has been
    approved by, the directors. The directors are responsible for preparing the
    half-yearly financial report in accordance with the Disclosure and Transparency
    Rules of the United Kingdom's Financial Conduct Authority.

    As disclosed in note 1, the annual financial statements of the group are
    prepared in accordance with IFRSs as adopted by the European Union. The
    condensed set of financial statements included in this half-yearly financial
    report has been prepared in accordance with International Accounting Standard
    34, "Interim Financial Reporting", as adopted by the European Union.

    Our Responsibility

    Our responsibility is to express to the Company a conclusion on the condensed
    set of financial statements in the half-yearly financial report based on our
    review.

    Scope of Review

    We conducted our review in accordance with International Standard on Review
    Engagements (UK and Ireland) 2410, "Review of Interim Financial Information
    Performed by the Independent Auditor of the Entity" issued by the Auditing
    Practices Board for use in the United Kingdom. A review of interim financial
    information consists of making enquiries, primarily of persons responsible for
    financial and accounting matters, and applying analytical and other review
    procedures. A review is substantially less in scope than an audit conducted in
    accordance with International Standards on Auditing (UK and Ireland) and
    consequently does not enable us to obtain assurance that we would become aware
    of all significant matters that might be identified in an audit. Accordingly,
    we do not express an audit opinion.

    Conclusion

    Based on our review, nothing has come to our attention that causes us to
    believe that the condensed set of financial statements in the half-yearly
    financial report for the 6 months ended 30 June 2015 is not prepared, in all
    material respects, in accordance with International Accounting Standard 34 as
    adopted by the European Union and the Disclosure and Transparency Rules of the
    United Kingdom's Financial Conduct Authority.

    Ernst & Young LLP
    Belfast
    28 August 2015

    Notice to shareholders

    Adoption of Financial Reporting Standard (FRS) 101: Reduced Disclosure
    Framework

    Following the publication of FRS 100 'Application of Financial Reporting
    Requirements' by the Financial Reporting Council, UTV Media plc is required to
    change the financial reporting framework used in preparing its individual
    company financial statements, which is currently previous UK GAAP, for its
    financial year commencing 1 January 2015.

    The Board considers that it is in the best interests of the Group and the
    Company for UTV Media plc to adopt FRS101 'Reduced Disclosure Framework'. 

    A shareholder or shareholders holding in aggregate 5% or more of the total
    allotted shares in UTV Media plc may serve objections to the use of the
    disclosure exemptions on UTV Media plc, in writing, to its registered office at
    Ormeau Road, Belfast, BT7 1EB.