EXHIBIT 99.3

                                                           FOR IMMEDIATE RELEASE

                                  PRESS RELEASE

                                NTL INCORPORATED
                              ANNOUNCES PRICING OF
                          SENIOR DEFERRED COUPON NOTES

NEW YORK, NEW YORK; (OCTOBER 30, 1998) - NTL Incorporated (NASDAQ: NTLI; EASDAQ:
NTLI.ED)  announced  that it has priced an issue of  approximately  $250 million
gross  proceeds  12-3/8%  Senior  Deferred  Coupon  Notes Due 2008 (the  "Senior
Deferred Notes").

     The net  proceeds of the  offering  will be used for  refinancing  existing
indebtedness.  The closing of the sale of the Senior  Deferred Notes is expected
to occur on November 6, 1998.

     On October 26, 1998,  the Company  announced that it had priced an issue of
$625 million of 11-1/2% Senior Notes (the "Senior Notes"),  which is expected to
close on or about November 2, 1998.

     The Senior  Deferred  Notes and the Senior  Notes have not been  registered
under the  Securities  Act of 1933, as amended (the  "Securities  Act"),  or any
state  securities  laws and,  unless so  registered,  may not be offered or sold
except  pursuant to an exemption  from, or in a transaction  not subject to, the
registration  requirements of the Securities Act and applicable state securities
laws.

     Accordingly,  the  Senior  Deferred  Notes and the  Senior  Notes have been
offered and sold within the United States in accordance  with Regulation S under
the Securities Act.



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     For  information  contact:  John F.  Gregg,  Managing  Director - Corporate
Finance & Development;  Michael Peterson, Director - Corporate Development; Bret
Richter,  Director - Corporate  Development  or Richard J. Lubasch,  Senior Vice
President  -  General  Counsel,  at  (212)  906-8440;  in UK:  Alison  Smith  at
01252-402662; or via e-mail at investor_relations@ntli.com.