EXHIBIT 99.1

                                                           For Immediate Release

PRESS RELEASE

                                NTL INCORPORATED
                          ANNOUNCES CLOSING OF SALE OF
                         CONVERTIBLE SUBORDINATED NOTES

     New York, New York; (December 16, 1998) - NTL Incorporated  (Nasdaq:  NTLI;
Easdaq:  NTLI.ED)  announced that it has closed its sale of  approximately  $600
million  gross  proceeds  7%  Convertible   Subordinated  Notes  due  2008  (the
"Convertible Notes").

     The net proceeds of the  offering  will be used for  construction,  working
capital, capital expenditures and general corporate purposes.

     The Convertible  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  Convertible  Notes have been offered and sold within the
United  States  under Rule 144A only to  "qualified  institution  buyers" and in
transactions exempt from the registration  requirements of the Securities Act to
a limited number of "accredited investors".



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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.