press release                                                                UPC

                      UNITED PAN-EUROPE COMMUNICATIONS N.V.
                 ANNOUNCES ACCEPTANCE OF AKKOORD IN DUTCH COURT

Amsterdam, The Netherlands - February 28, 2003: United Pan-Europe Communications
N.V. ("UPC" or the "Company") (EURONEXT Amsterdam: UPC), one of the leading
broadband communications companies in Europe, today gives notice that the
creditors meeting, with an overwhelming majority, has voted in favour of the
Akkoord (plan of composition) at this meeting at the Dutch court in Amsterdam.
The creditors meeting is related to the ongoing recapitalisation process of UPC.

The Dutch court has scheduled the confirmation hearing (homologatie) of the
Akkoord on March 12, 2003.

The company remains on track to complete the recapitalisation process by end
March 2003.

United Pan-Europe Communications N.V. is one of the leading broadband
communications and entertainment companies in Europe. Through its broadband
networks, UPC provides television, Internet access, telephony and programming
services. UPC's shares are traded on Euronext Amsterdam Exchange (UPC) and in
the United States on the Over The Counter Bulletin Board (UPCOY). UPC is
majority owned by UnitedGlobalCom, Inc. (NASDAQ: UCOMA).

NOTE: Except for historical information contained herein, this release contains
forward-looking statements, which involve certain risks, and uncertainties that
could cause actual results to differ materially from those expressed or implied
by these statements. These risks and uncertainties include our ability to
restructure our outstanding indebtedness on a satisfactory and timely basis, the
ramifications of any restructuring, the acceptance and continued use by
subscribers and potential subscribers of the Company's services, changes in the
technology and competition, our ability to achieve expected operational
efficiencies and economies of scale, our ability to generate expected revenue
and achieve assumed margins, as well as other factors detailed from time to time
in the Company's filings with the Securities and Exchange Commission.
For further information please contact:

UPC Investor Relations                      UPC Corporate Communications
+ 44 (0) 207 647 8233                       + 31 (0) 20 778 9447
Email: ir@upccorp.com                       Email: corpcomms@upccorp.com

Lazard                                      Citigate First Financial
Daniel Bordessa                             Uneke Dekkers
+ 44 (0) 20 7588 2721                       + 31 (0) 6 5026 1626
                                            Citigate Dewe Rogerson
                                            Toby Moore
                                            + 44 (0) 20 7638 9571

Also, please visit www.upccorp.com for further information about UPC