EXHIBIT 99.1 Not for release, publication or distribution in or into Canada, Australia or Japan (for release at 7.30 a.m.) TELEWEST COMMUNICATIONS PLC ("TELEWEST") TELEWEST'S RECOMMENDED OFFER FOR GENERAL CABLE PLC ("GENERAL CABLE") DECLARED UNCONDITIONAL SUBJECT TO ADMISSION Further to the announcement on 28 August 1998, Telewest announces that: 1. It has today declared its recommended offer for General Cable (the "Offer") unconditional subject to the 721,524,241 new Telewest shares to be issued in connection with the Offer and Pre-emptive Issue being admitted to the Official List of the London Stock Exchange Limited ("Admission"). Admission is expected to become effective at 9.00 a.m. today and the Offer and Pre-emptive Issue will become unconditional in all respects (and withdrawal rights terminate) at that point. 2. As at 3.00 p.m. on 31 August 1998, valid acceptances of the Offer had been received in respect of 341,954,378 General Cable shares (including General Cable shares represented by General Cable ADSs) representing approximately 93.47 per cent. of General Cable's issued share capital. 3. On 23 February 1998, the date when General Cable announced that it had received indications that certain of the discussions which it was having with third parties might lead to an offer, Telewest held no General Cable shares or rights over General Cable shares. 4. On 29 March 1998, the date when Telewest and General Cable announced that merger discussions were at an advanced stage which might result in a recommended offer being made by Telewest for General Cable and the likely terms thereof, General Utilities Holdings Limited ("GUHL"), a subsidiary of Compagnie Generale des Eaux S.A. (now Vivendi S.A.), irrevocably undertook to accept such an offer, if made, in respect of its holding of 146,785,916 General Cable shares (representing 40.2 per cent. of General Cable's then issued share capital), if Telewest announced a firm intention to make such an offer on or before 15 April 1998. On 15 April 1998, Telewest announced the terms of the Offer (subject to certain pre-conditions which have been waived or satisfied) and GUHL confirmed its previous undertaking to accept the Offer. Acceptances in respect of these shares have now been received and are included in the acceptance figures given above. 5. All references to time in this announcement are to London time. 1 September 1998 - -------------------------------------------------------------------------------- PRESS ENQUIRIES TELEWEST 01483 750900 Charles Burdick J. HENRY SCHRODER & CO. LIMITED ("SCHRODERS") 0171 658 6000 James Steel Schroders, which is regulated in the UK by The Securities and Futures Authority Limited, is acting for Telewest and no one else in connection with the Offer and the Pre-emptive Issue and will not be responsible to anyone other than Telewest for providing the protections afforded to customers of Schroders or for giving advice in relation to the Offer and the Pre-emptive Issue. 2