UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
NTL Incorporated
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
629407107
- --------------------------------------------------------------------------------
(CUSIP Number)
March 8, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
<PAGE>
CUSIP No. 629407107 13G Page 2 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
The Goldman Sachs Group, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 8,976,261
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 8,976,261
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,976,261
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
HC-PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 3 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Goldman, Sachs & Co.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
New York
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 8,976,261
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 8,976,261
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,976,261
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
BD-PN-IA
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 4 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
European Cable Capital Partners, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 8,413,198
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 8,413,198
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,413,198
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 5 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
European Cable Capital Partners Holding, Inc.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 8,413,198
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 8,413,198
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,413,198
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 6 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stone Street Fund 1996, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 156,416
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 156,416
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
156,416
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 7 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Bridge Street Fund 1996, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 106,077
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 106,077
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
106,077
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.1%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 8 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stone Street Empire Corp.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 262,493
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 262,493
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
262,493
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 9 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GS Capital Partners, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 8,679,604
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 8,679,604
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,679,604
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 10 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
GS Advisors, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 8,679,604
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 8,679,604
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,679,604
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 11 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Goldman Sachs Performance Partners, L.P.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 300
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 300
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
300
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
PN
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 12 of 18 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Commodities Corporation LLC
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 300
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 300
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
300
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
00
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP No. 629407107 13G Page 13 of 18 Pages
ITEM 1(A). NAME OF ISSUER:
NTL Incorporated
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
NTL Incorporated
110 East 59th Street
New York, New York 10022
ITEM 2(A). NAME OF PERSON FILING:
The Goldman Sachs Group, L.P., Goldman, Sachs & Co., European Cable Capital
Partners, L.P., European Cable Capital Partners Holding, Inc., Stone Street
Fund 1996, L.P., Bridge Street Fund 1996, L.P., Stone Street Empire Corp.,
GS Capital Partners, L.P., GS Advisors, L.P., Goldman Sachs Performance
Partners, L.P. and Commodities Corporation LLC.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
For The Goldman Sachs Group, L.P., Goldman, Sachs & Co., European Cable
Capital Partners, L.P., European Cable Capital Partners Holding, Inc.,
Stone Street Fund 1996, L.P., Bridge Street Fund 1996, L.P., Stone Street
Empire Corp., GS Capital Partners, L.P. and GS Advisors, L.P.:
85 Broad Street
New York, NY 10004
For Goldman Sachs Performance Partners, L.P. and Commodities Corporation
LLC:
701 Mount Lucas Road
Princeton, NJ 08540
ITEM 2(C). CITIZENSHIP:
The Goldman Sachs Group, L.P. - Delaware
Goldman, Sachs & Co. - New York
European Cable Capital Partners, L.P. - Delaware
European Cable Capital Partners Holding, Inc. - Delaware
Stone Street Fund 1996, L.P. - Delaware
Bridge Street Fund 1996, L.P. - Delaware
Stone Street Empire Corp. - Delaware
GS Capital Partners, L.P. - Delaware
GS Advisors, L.P. - Delaware
Goldman Sachs Performance Partners, L.P. - Delaware
Commodities Corporation LLC - Delaware
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share
ITEM 2(E). CUSIP NUMBER:
629407107
<PAGE>
CUSIP No. 629407107 13G Page 14 of 18 Pages
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B)
OR (C), CHECK WHETHER THE PERSON FILING IS A:
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act;
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange Act;
(d) [_] Investment company registered under Section 8 of the Investment
Company Act;
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [_] An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box [X]
ITEM 4. OWNERSHIP(1)(2).
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
See responses to Item 9 on the attached cover page(s)
(b) Percent of class:(3)
See responses to Item 11 on the attached cover page(s)
- --------------------
(1) Includes 8,413,198 shares of Common Stock which may be deemed to be
beneficially owned by GS Capital Partners, L.P. ("GS Capital"), a
Delaware limited partnership, through European Cable Capital Partners,
L.P. ("European Partners"), a Delaware limited partnership, whose
general partner, European Cable Capital Partners Holding, Inc., a
Delaware corporation, is a wholly-owned subsidiary of GS Capital. GS
Capital disclaims beneficial ownership of the shares of Common Stock
beneficially owned by European Partners to the extent partnership
interests in European Partners are held by persons other than GS
Capital or its subsidiaries.
(2) The Goldman Sachs Group, L.P. ("GS Group") and Goldman, Sachs & Co.
("Goldman Sachs") each disclaims beneficial ownership of shares of
Common Stock beneficially owned by (i) any client accounts with
respect to which Goldman Sachs or employees of Goldman Sachs have
voting or investment discretion, or both and (ii) certain investment
limited partnerships, of which a subsidiary of GS Group is the general
partner or managing general partner, to the extent partnership
interests in such partnerships are held by persons other than GS
Group, Goldman Sachs, or their affiliates.
(3) Based on the 73,349,486 shares of Common Stock of NTL Incorporated
outstanding as of March 19, 1999, according to information provided to
the filing persons by NTL Incorporated.
<PAGE>
CUSIP No. 629407107 13G Page 15 of 18 Pages
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See responses to Item 5 on the attached cover page(s)
(ii) Shared power to vote or to direct the vote:
See responses to Item 6 on the attached cover page(s)
(iii) Sole power to dispose or to direct the disposition of:
See responses to Item 7 on the attached cover page(s)
(iv) Shared power to dispose or to direct the disposition of:
See responses to Item 8 on the attached cover page(s)
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. [_]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
See Exhibit (99.2)
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable
ITEM 10. CERTIFICATIONS.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
<PAGE>
CUSIP No. 629407107 13G Page 16 of 18 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: March 24, 1999
THE GOLDMAN SACHS GROUP, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
EUROPEAN CABLE CAPITAL PARTNERS,
L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
EUROPEAN CABLE CAPITAL PARTNERS
HOLDING, INC.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
<PAGE>
CUSIP No. 629407107 13G Page 17 of 18 Pages
STONE STREET FUND 1996, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
BRIDGE STREET FUND 1996, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
STONE STREET EMPIRE CORP.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GS CAPITAL PARTNERS, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GS ADVISORS, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GOLDMAN SACHS PERFORMANCE
PARTNERS, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
COMMODITIES CORPORATION LLC
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
<PAGE>
CUSIP No. 629407107 13G Page 18 of 18 Pages
INDEX TO EXHIBITS
Exhibit No. Exhibit
- ----------- -------
(99.1) Joint Filing Agreement, dated March 24, 1999, between
The Goldman Sachs Group, L.P., Goldman, Sachs & Co.,
European Cable Capital Partners, L.P., European Cable
Capital Partners Holding, Inc., Stone Street Fund 1996,
L.P., Bridge Street Fund 1996, L.P., Stone Street Empire
Corp., GS Capital Partners, L.P., GS Advisors, L.P.,
Goldman Sachs Performance Partners, L.P. and Commodities
Corporation LLC
(99.2) Item 7 Information
Exhibit (99.1)
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange
Act of 1934, the undersigned agree to the joint filing of a Statement on
Schedule 13G (including any and all amendments thereto) with respect to the
Common Stock, $0.01 par value, of NTL Incorporated, and further agree to the
filing of this agreement as an Exhibit thereto. In addition, each party to this
Agreement expressly authorizes each other party to this Agreement to file on its
behalf any and all amendments to such Statement on Schedule 13G.
Date: March 24, 1999
THE GOLDMAN SACHS GROUP, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GOLDMAN, SACHS & CO.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
EUROPEAN CABLE CAPITAL PARTNERS,
L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
<PAGE>
EUROPEAN CABLE CAPITAL PARTNERS
HOLDING, INC.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
STONE STREET FUND 1996, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
BRIDGE STREET FUND 1996, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
STONE STREET EMPIRE CORP.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GS CAPITAL PARTNERS, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
<PAGE>
GS ADVISORS, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
GOLDMAN SACHS PERFORMANCE
PARTNERS, L.P.
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
COMMODITIES CORPORATION LLC
By: /s/ Roger S. Begelman
----------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
Exhibit (99.2)
ITEM 7 INFORMATION
The securities being reported on by The Goldman Sachs Group, L.P. ("GS Group"),
as a parent holding company, are owned by European Cable Capital Partners, L.P.
("European Partners"), GS Capital Partners, L.P. ("GS Capital"), Stone Street
Fund 1996, L.P. ("Stone 1996"), Bridge Street Fund 1996, L.P. ("Bridge 1996",
and together with European Partners, GS Capital, and Stone 1996, the "Limited
Partnerships"), and Goldman Sachs Performance Partners, L.P. ("Performance
Partners"), a Delaware limited partnership, or are owned, or may be deemed to be
beneficially owned, by Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is
a broker or dealer registered under Section 15 of the Securities Exchange Act of
1934 and an investment adviser registered under Section 203 of the Investment
Advisors Act of 1940. Affiliates of Goldman Sachs and GS Group are the general
partner, managing general partner or managing partner of the Limited
Partnerships. Goldman Sachs is the investment manager of GS Capital. The general
partner of European Partners is a wholly-owned subsidiary of GS Capital. The
general partner and trading manager of Performance Partners is a subsidiary of
GS Group and an advisory affiliate of a separate operating division of Goldman
Sachs. GS Group is a general partner of and owns a 99% interest in Goldman
Sachs.
