<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
INTERNATIONAL CABLETEL INCORPORATED
(Name of Issuer)
____________________
COMMON STOCK, $0.01 PAR VALUE
(Title of Class of Securities)
459216 10 7
(CUSIP Number)
____________________
RICHARD GREGORY CURTIS
SWALEC HEAD OFFICES
NEW PORT ROAD
ST. MELLONS CARDIFF
011-441 500 600
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
____________________
OCTOBER 7, 1996
(Date of Event Which Required Filing
of This Statement)
____________________
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box: [ ]
Check the following box if a fee is being paid with this statement: [ ]
<PAGE>
CUSIP NO.: 459216 10 7
________________________________________________________________________________
1) NAME OF REPORTING PERSON AND S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
HYDER PLC
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ x ]
- -------------------------------------------------------------------------------
3) SEC USE ONLY
- -------------------------------------------------------------------------------
4) SOURCE OF FUNDS (See Instructions)
AF (SEE ITEM 3.)
- -------------------------------------------------------------------------------
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
OR 2(e)
[ ]
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7)SOLE VOTING POWER
0
-------------------------------------------------
8) SHARED VOTING POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
-------------------------------------------------
9) SOLE DISPOSITIVE POWER
0
-------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,950,000
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON (See Instructions)
CO
Page 2 of 10
<PAGE>
CUSIP NO.: 459216 10 7
- -------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON AND S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
SOUTH WALES ELECTRICITY PLC
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ x ]
- -------------------------------------------------------------------------------
3) SEC USE ONLY
- -------------------------------------------------------------------------------
4) SOURCE OF FUNDS (See Instructions)
AF (SEE ITEM 3.)
- -------------------------------------------------------------------------------
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)
OR 2(e)
[ ]
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7)SOLE VOTING POWER
0
-------------------------------------------------
8) SHARED VOTING POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
-------------------------------------------------
9) SOLE DISPOSITIVE POWER
0
-------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,950,000
- -------------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions)
[ ]
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON (See Instructions)
CO
Page 3 of 10
<PAGE>
CUSIP NO.: 459216 10 7
- -------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON AND S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
SWALEC INVESTMENTS LIMITED
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ x ]
- -------------------------------------------------------------------------------
3) SEC USE ONLY
- -------------------------------------------------------------------------------
4) SOURCE OF FUNDS (See Instructions)
AF (SEE ITEM 3.)
- -------------------------------------------------------------------------------
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7)SOLE VOTING POWER
0
-------------------------------------------------
8) SHARED VOTING POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
-------------------------------------------------
9) SOLE DISPOSITIVE POWER
0
-------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,950,000
- -------------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON (See Instructions)
IV
Page 4 of 10
<PAGE>
CUSIP NO.: 459216 10 7
- -------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON AND S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
SWALEC TELCO INVESTMENTS LIMITED
- -------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ x ]
- -------------------------------------------------------------------------------
3) SEC USE ONLY
- -------------------------------------------------------------------------------
4) SOURCE OF FUNDS (See Instructions)
OO (SEE ITEM 3.)
- -------------------------------------------------------------------------------
5) CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e)
[ ]
- -------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
ENGLAND
- -------------------------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7)SOLE VOTING POWER
0
-------------------------------------------------
8) SHARED VOTING POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
-------------------------------------------------
9) SOLE DISPOSITIVE POWER
0
-------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,950,000 (CONSISTING OF 780 SHARES OF THE
ISSUER'S CONVERTIBLE SERIES A PREFERRED STOCK,
HELD BY SWALEC TELCO INVESTMENTS LIMITED WITH
VOTING POWER SHARED AMONG REPORTING PERSONS. SEE
ITEM 5.)
- -------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,950,000
- -------------------------------------------------------------------------------
12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See
Instructions)
[ ]
- -------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.7%
- -------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON (See Instructions)
IV
Page 5 of 10
<PAGE>
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER.
This Statement on Schedule 13D (the "Statement") relates to the Common
Stock, $.01 par value (the "Common Stock"), of International CableTel
Incorporated, a Delaware corporation ("CableTel" or the "Issuer"). The
principal executive offices of the Issuer are located at 110 East 59th Street,
New York, NY 10022.
ITEM 2. IDENTITY AND BACKGROUND.
(a)-(c), (f) This Statement is being filed on behalf of the following
entities (collectively, the "Reporting Persons"): Hyder plc ("Hyder"), a public
limited company incorporated in England; South Wales Electricity plc ("SWALEC"),
a public limited company incorporated in England and a wholly owned subsidiary
of Hyder; Swalec Investments Limited ("SIL"), a private limited company
incorporated in England and a wholly owned subsidiary of SWALEC; and Swalec
Telco Investments Limited ("Telco"), a private limited company incorporated in
England and a wholly owned subsidiary of SIL. Hyder has its principal offices
at P.O. Box 295, Alexandra Gate, Rover Way, Cardiff, Wales CF2 2UE. SWALEC's,
SIL's, and Telco's principal offices are located at Newport Road, St. Mellons,
Cardiff, South Glamorgen, Wales CF3 9XW. The principal businesses of Hyder,
SWALEC, SIL, and Telco are, respectively, water sewerage and electricity
generation group holding company, electricity distribution, making investments
for SWALEC, and investing. The directors and executive officers of the
Reporting Persons are set forth on Schedule I attached hereto. Schedule I sets
forth the following information with respect to each such person:
1. name;
2. business address;
3. present principal occupation or employment and the name,
principal business and address of any corporation or other
organization in which such employment is conducted; and
4. citizenship.
(d) During the last five years, no Reporting Person or person named in
Schedule I attached hereto has been convicted in a criminal proceeding
(excluding traffic violations and similar misdemeanors).
(e) During the last five years, no Reporting Person or person named in
Schedule I attached hereto has been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and as a result of such
proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or prohibiting or mandating activities subject to federal
or state securities laws or finding any violation with respect to such laws.
Page 6 of 10
<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On October 7, 1996, the Issuer entered into a share purchase agreement with
Telco (the "Share Purchase Agreement"). Pursuant to the Share Purchase
Agreement, Telco purchased 780 shares of the Issuer's Series A Preferred Stock
(the "Series A Preferred Stock"). In consideration for the Series A Preferred
Stock, Telco transferred to the Issuer a 40% interest in CableTel Newport, an
unlimited company registered in England and Wales.
ITEM 4. PURPOSE OF TRANSACTION.
Telco has acquired the Series A Preferred Stock for the purpose of making
an investment in the Issuer and not with the present intention of acquiring
control of the Issuer's business. Telco intends to review, from time to time,
its investment in the Issuer on the basis of various factors, including but not
limited to the Issuer's business, financial condition, results of operations and
prospects, general economic and industry conditions, the securities markets in
general and those for the Issuer's securities in particular, as well as other
developments and other investment opportunities. Based upon such review, Telco
will take such actions in the future as Telco may deem appropriate in light of
the circumstances existing from time to time. If Telco believes that further
investment in the Issuer is attractive, whether because of the market price of
the Issuer's securities or otherwise, it may acquire shares of Common Stock or
other securities of the Issuer either in the open market or in privately
negotiated transactions. Similarly, depending on market conditions, compliance
with applicable securities laws and other factors, and the provisions of the
Share Purchase Agreement, Telco may determine to dispose of some or all of the
securities currently owned by Telco or otherwise acquired by Telco either in the
open market or in privately negotiated transactions.
(a)-(j) Except as discussed in this Statement, none of the Reporting
Persons has formulated any plans or proposals which relate to or would result
in: (a) the acquisition by any person of additional securities of the Issuer,
or the disposition of securities of the Issuer; (b) an extraordinary corporate
transaction, such as a merger, reorganization or liquidation, involving the
Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount
of the assets of the Issuer or any of its subsidiaries; (d) any change in the
present board of directors or management of the Issuer, including any plans or
proposals to change the number or term of directors or to fill any existing
vacancies on the board; (e) any material change in the present capitalization or
dividend policy of the Issuer; (f) any other material change in the Issuer's
business or corporate structure; (g) any change in the Issuer's charter, or
bylaws or other instrument corresponding thereto or other action which may
impede the acquisition of control of the Issuer by any person; (h) causing a
class of the securities Issuer to be deregistered or delisted from a national
securities exchange or to cease to be authorized to be quoted in an inter-dealer
quotation system of a registered national securities association; (i) a class of
equity securities of the Issuer becoming eligible for termination of
registration pursuant to Section 12(g)(4) of the Securities Exchange Act of
1934; or (j) any action similar to any of those enumerated above.
Page 7 of 10
<PAGE>
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) As a result of Telco's ownership of the Series A Preferred Stock, the
Reporting Persons beneficially own a total of 1,950,000 shares of Common Stock
of the Issuer (which constitutes the number of shares of Common Stock that may
be acquired upon conversion of the Series A Preferred Stock), representing 5.7%
of the currently outstanding shares of Common Stock of the Issuer (calculated on
the basis of (i) the 32,007,000 shares of Common Stock outstanding as of
September 30, 1996; and (ii) the sale to Telco, pursuant to the Share Purchase
Agreement, of the Series A Preferred Stock)(1).
(b) Although no formal agreements exist by or between the Reporting Persons
with respect to the Series A Preferred Stock, the Reporting Persons share, by
virtue of Telco's ownership of the Series A Preferred Stock, voting and
dispositive power with respect to such shares of Common Stock, if any, as Telco
may hold or the Reporting Persons may beneficially own after conversion of some
or all of the Series A Preferred Stock.
(c) Except as described herein, no Reporting Person has acquired or
disposed of any shares of the Issuer's Series A Preferred Stock or Common Stock
during the past sixty days.
(d)-(e) Items 5(d) and (e) are inapplicable to the Reporting Persons.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
As described in Item 4, Telco acquired the Series A Preferred Stock
pursuant to the Share Purchase Agreement, and the Certificate of Designations of
Preferred Stock dated October 7, 1996 (the "Certificate of Designations") sets
forth the powers, preferences, and rights relating to the Series A Preferred
Stock.
Each share of the Series A Preferred Stock has an aggregate Stated Value of
$100,000 and is convertible into and redeemable for shares of the Issuer's
common stock ("Common Stock") pursuant to the terms of the Certificate of
Designations. Among other rights, a holder of Series A Preferred Stock has the
right, prior to five (5) days before a redemption date, to convert shares of the
Series A Preferred Stock into such number of shares of Common Stock as is equal
to the aggregate Stated Value of the shares of Series A Preferred Stock
surrendered for conversion divided by the greater of (i) $40.00 (as adjusted
pursuant to the antidilution provisions of the Series A Preferred Stock (the
"Fixed Price") and (ii) the Average Market Price of the Common Stock on the
conversion date. In addition, if a change of control of the Issuer occurs, then
all the Series A Preferred Stock shall be deemed to have automatically
converted, effective immediately preceding such change in control, into such
number of shares of Common Stock as is equal to the lesser of (i) the Fixed
Price and (ii) the value of the consideration per share of Common Stock
receivable by a holder of Common Stock by reason of the change of control or, if
no such consideration is receivable, then the closing price of a share of Common
Stock as of such time.
- --------------------
(1) For purposes of calculating the percent of class for each person or group,
all rights to require Common Stock within 60 days, whether by the exercise
of options or warrants, are deemed outstanding for each person or group.
Such rights to acquire Common Stock are not, however, deemed to be
outstanding for the purpose of computing the percentage of the class by any
other person or group.
Page 8 of 10
<PAGE>
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
<TABLE>
<CAPTION>
Exhibit Description Method of Filing
- ------- ----------- ----------------
<S> <C> <C>
1 Letters to CableTel from respective Reporting Filed herewith.
Persons, dated as of December 19, 1996,
indicating that this Statement is filed on
behalf of each of the Reporting Persons.
2 Share Purchase Agreement, dated as of Incorporated by reference
October 7, 1996. to Exhibit 2.6 contained
in the Form S-3 filed
November 25, 1996 (File
No. 333-16751).
3 Certificate of Designations of Preferred Incorporated by reference
Stock, dated as of October 7, 1996. to Exhibit 3.4 contained
in the Current Report on
Form 8-K filed October 9,
1996 (File No. 0-22616).
</TABLE>
Page 9 of 10
<PAGE>
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
Statement is true, complete and correct.
Dated: December 19, 1996
HYDER PLC
BY: /S/ Richard Gregory Curtis
------------------------------
Richard Gregory Curtis
Its: Deputy Secretary
SWALEC TELCO INVESTMENTS LIMITED
BY: /S/ Richard Gregory Curtis
------------------------------
Richard Gregory Curtis
Its: Secretary
SWALEC INVESTMENTS LIMITED
BY: /S/ Richard Gregory Curtis
------------------------------
Richard Gregory Curtis
Its: Secretary
SOUTH WALES ELECTRICITY PLC
BY: /S/ Richard Gregory Curtis
------------------------------
Richard Gregory Curtis
Its: Secretary
Page 10 of 10
<PAGE>
SCHEDULE I
<TABLE>
<CAPTION>
DIRECTOR/ COMPANY PRINCIPAL OCCUPATION BUSINESS CITIZENSHIP
OFFICER ADDRESS
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Gerwyn John Miles Swalec Telco Investments Director South Wales Electricity plc British
Limited, Swalec Newport Road
Investments Limited, St. Mellons
South Wales Electricity plc CARDIFF
S. Glamorgan
CF3 9XW
- ------------------------------------------------------------------------------------------------------------------------------------
John Edward Roberts Swalec Telco Investments Director South Wales Electricity plc British
Limited, Swalec Investments Newport Road
Limited, South Wales St. Mellons
Electricity plc, Hyder plc CARDIFF
S. Glamorgan
CF3 9XW
- ------------------------------------------------------------------------------------------------------------------------------------
Richard Gregory Curtis Swalec Investments Limited, Deputy Secretary of Hyder; P. O. Box 295 British
Swalec Telco Investments Secretary of other Alexandra Gate
Limited, South Wales Reporting Persons Rover way
Electricity plc and Hyder CARDIFF CF2 2UE
plc
- ------------------------------------------------------------------------------------------------------------------------------------
Graham Winston Edwards South Wales Electricity plc Director South Wales Electricity plc British
Newport Road
St. Mellons
CARDIFF
S. Glamorgan
CF3 9XW
- ------------------------------------------------------------------------------------------------------------------------------------
Graham Alfred Hawker South Wales Electricity Chairman, Chief Executive P. O. Box 295 British
plc, Hyder plc Alexandra Gate
Rover way
CARDIFF CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
Michael David Mackey South Wales Electricity plc Director South Wales Electricity plc British
Newport Road
St. Mellons
CARDIFF
S. Glamorgan
CF3 9XW
- ------------------------------------------------------------------------------------------------------------------------------------
Brian Howard Charles Hyder plc Director Plas y Flynnon British
Cambrian Way
BRECON
Powys LD3 7HP
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
DIRECTOR/ COMPANY PRINCIPAL OCCUPATION BUSINESS CITIZENSHIP
OFFICER ADDRESS
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Stuart John Doughty Hyder plc Director 1-2 Chancellor Court British
Occam Road
The Surrey Reassert Park
GUILDFORD
Surrey GU2 5XS
- ------------------------------------------------------------------------------------------------------------------------------------
Iain Richard Evans Hyder plc Director and Chairman The LEK Partnership British
The Adelphl Building
1-11 John Adam Street
LONDON WC2N 6BW
- ------------------------------------------------------------------------------------------------------------------------------------
Antony John Hales Hyder plc Director P. O. Box 295 British
Alexandra Gate
Rover way
CARDIFF CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
David Grant Hawkins Hyder plc Director Target Computer Group Limited British
Target House
Castlebridge
CARDIFF CF1 9AB
- ------------------------------------------------------------------------------------------------------------------------------------
John Mansel James Hyder plc Director P. O. Box 295 British
Alexandra Way
Rover way
CARDIFF
S Glam CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
Timothy Knowles Hyder plc Director P. O. Box 295 British
Alexandra Gate
Rover way
CARDIFF CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
John Edward Roberts Hyder plc Director South Wales Electricity plc British
Newport Road
St. Mellons
CARDIFF
S. Glamorgan
CF3 9XW
- ------------------------------------------------------------------------------------------------------------------------------------
Robert Hugh Sellier Hyder plc Director P. O. Box 295 British
Alexandra Gate
Rover way
CARDIFF CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
Paul James Twamley Hyder plc Director P. O. Box 295 British
Alexandra Gate
Rover way
CARDIFF CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
Geoffrey Wyn Williams Hyder plc Company Secretary P. O. Box 295 British
Alexandra Gate
Rover way
CARDIFF CF2 2UE
- ------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
International CableTel Incorporated
110 East 59th Street
New York, NY 10022
December 19, 1996
Dear Ladies and Gentlemen:
INTERNATIONAL CABLETEL INCORPORATED
Enclosed please find one Schedule 13D prepared and filed on behalf of Swalec
Investments Limited.
Very truly yours,
SWALEC INVESTMENTS LIMITED
By: /s/ Richard Gregory Curtis
--------------------------------
Richard Gregory Curtis
Its: Secretary
<PAGE>
International CableTel Incorporated
110 East 59th Street
New York, NY 10022
December 19, 1996
Dear Ladies and Gentlemen:
INTERNATIONAL CABLETEL INCORPORATED
Enclosed please find one Schedule 13D prepared and filed on behalf of Swalec
Telco Investments Limited.
Very truly yours,
SWALEC TELCO INVESTMENTS LIMITED
By: /s/ Richard Gregory Curtis
--------------------------------
Richard Gregory Curtis
Its: Secretary
<PAGE>
International CableTel Incorporated
110 East 59th Street
New York, NY 10022
December 19, 1996
Dear Ladies and Gentlemen:
INTERNATIONAL CABLETEL INCORPORATED
Enclosed please find one Schedule 13D prepared and filed on behalf of Hyder plc.
Very truly yours,
HYDER PLC
By: /s/ Richard Gregory Curtis
--------------------------------
Richard Gregory Curtis
Its: Deputy Secretary
<PAGE>
International CableTel Incorporated
110 East 59th Street
New York, NY 10022
December 19, 1996
Dear Ladies and Gentlemen:
INTERNATIONAL CABLETEL INCORPORATED
Enclosed please find one Schedule 13D prepared and filed on behalf of South
Wales Electricity plc.
Very truly yours,
SOUTH WALES ELECTRICITY PLC
By: /s/ Richard Gregory Curtis
--------------------------------
Richard Gregory Curtis
Its: Secretary
