EXHIBIT 99.1 Telewest Communications plc Update on restructuring 28 July 2003 On 9 June 2003, Telewest Communications plc ("Telewest") announced that it was in talks with its bondholders on the terms of its proposed financial restructuring. In response to recent press comment, Telewest confirms that it expects the terms to provide that ordinary shareholders will receive 1.5% of the issued share capital immediately following the restructuring. ENQUIRIES: TELEWEST 020 7299 5888 Jane Hardman, director of corporate communications CITIGATE DEWE ROGERSON 020 7638 9571 Anthony Carlisle 07973 611888