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DIRECTV HOLDINGS LLC AND DIRECTV FINANCING CO, INC. EXTEND

EXCHANGE OFFER RELATING TO OUTSTANDING 6-3/8% SENIOR NOTES
1/6/2009 9:54:40 PM

DIRECTV satellite system wizard

10/18/2005

El Segundo, CA Oct 18, 2005   DIRECTV Holdings LLC and DIRECTV Financing Co, Inc. (collectively, the "Issuers"), two wholly-owned subsidiaries of The DIRECTV Group, Inc., today announced that the expiration date of its offer to exchange up to $1 billion aggregate principal amount of its outstanding 6-3/8% Senior Notes due 2015, which were initially issued and sold in a private placement on June 15, 2005, for an equal aggregate principal amount of its registered 6-3/8% Senior Notes due 2015 has been extended to 5:00 p.m., New York City time, on Tuesday, October 25, 2005, as an accommodation to holders of the 6-3/8% Notes that have not yet tendered their Notes.

To date, Issuers have received tenders of Notes from holders of over 99% of the outstanding principal amount of the 6-3/8% Notes pursuant to its Exchange Offer and the related Letter of Transmittal and Notice of Guaranteed Delivery.

The Bank of New York is the exchange agent for the Exchange Offer, and also acts as trustee.


About DIRECTV, Inc.
DIRECTV, Inc. is the nation's leading digital multichannel television service provider with more than 14.6 million customers. DIRECTV and the Cyclone Design logo are registered trademarks of DIRECTV, Inc. DIRECTV (NYSE: DTV) is a world-leading provider of digital multichannel television entertainment. DIRECTV is approximately 34 percent owned by News Corporation.

 

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