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DIRECTV Holdings LLC and DIRECTV Financing Co., Inc. Close Offering of $1.2 Billion Senior Notes

in Direct TV Rebate, Uncategorized / No Comments

EL SEGUNDO, Calif.–(BUSINESS WIRE)–
DIRECTV Holdings LLC and DIRECTV Financing Co., Inc. (collectively, the
“Issuers”), indirect subsidiaries of DIRECTV (NASDAQ:DTV), announced
today the closing of their public offering of $1.20 billion aggregate
principal amount of 3.95% Senior Notes due 2025 (the “Notes”).

The Issuers intend to use the net proceeds from the offering of the
Notes, together with cash on hand if necessary, to repurchase, redeem,
repay at maturity or otherwise retire the Issuers’ 3.55-% Senior Notes
due 2015, which mature on March 15, 2015.

The Issuers have filed a registration statement on Form S-3 (including a
prospectus) with the Securities and Exchange Commission (“SEC”) for the
offering of the Notes. Interested parties should read the prospectus in
that registration statement, the prospectus supplement for the offering
of the Notes and the other documents that the Issuers have filed with
the SEC that are incorporated by reference into the prospectus
supplement for more complete information about the Issuers and the
offering of the Notes. These documents are available at no charge by
visiting EDGAR on the SEC web site at www.sec.gov.

Alternatively, copies of the prospectus and preliminary prospectus
supplement relating to the offering will be made available by any
underwriter or dealer participating in the offering to interested
parties who make a request by calling toll free Barclays Capital Inc. at
1-888-603-5847, or J.P. Morgan Securities LLC at 1-888-803-9204, or
Morgan Stanley & Co. LLC at 1-866-375-6829 or Santander Investment
Securities, Inc.
at 212-583-4629.

This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these
securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

NOTE: This press release may include or incorporate by reference certain
statements that we believe are, or may be considered to be,
“forward-looking statements” within the meaning of various provisions of
the Securities Act of 1933 and the Securities Exchange Act of 1934.
These forward-looking statements generally can be identified by use of
statements that include phrases such as “believe,” “expect,” “estimate,”
“anticipate,” “intend,” “plan,” “foresee,” “project” or other similar
words or phrases. Similarly, statements that describe our objectives,
plans or goals also are forward-looking statements. All of these
forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially from
historical results or from those expressed or implied by the relevant
forward-looking statement. Such risks and uncertainties include, but are
not limited to: increased competition; increasing programming costs and
our ability to renew programming contracts under favorable terms;
increased subscriber churn or subscriber upgrade and retention costs;
potential material increase in subscriber acquisition costs; general
economic conditions; risks associated with doing business
internationally, which for DIRECTV Latin America include political and
economic instability and foreign currency exchange rate volatility and
controls; pace of technological development; potential intellectual
property infringement; loss of key personnel; satellite construction or
launch delays; satellite launch and operational risks; loss of a
satellite; theft of satellite programming signals; U.S. and foreign
governmental and regulatory action; ability to maintain licenses and
regulatory approvals; significant debt; indemnification obligations;
forgoing transactions to avoid significant tax-related liabilities;
reliance on network and information systems; and the outcome of legal
proceedings. We may face other risks described from time to time in
periodic reports filed by us with the U.S. Securities and Exchange
Commission.

About DIRECTV (NASDAQ:DTV) is one of the world’s leading
providers of digital television entertainment services. Through its
subsidiaries and affiliated companies in the United
States, Brazil, Mexico and other countries in Latin
America, DIRECTV provides digital television service to over 20 million
customers in the United States and 19 million customers in Latin
America. DIRECTV sports and entertainment properties include two
regional sports networks (Rocky Mountain and Pittsburgh), a majority
equity interest in Root Sports Southwest and minority ownership
interests in Root Sports Northwest and Game Show Network. For more
information on DIRECTV, visit directv.com.

Source: DIRECTV and DIRECTV Holdings LLC and DIRECTV Financing Co., Inc.

DIRECTV
Media Contact:
Darris Gringeri
(212)
205-0882
or
Investor Relations:
(310) 964-0808

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DIRECTV Lauded as One of the Most Community-Minded Companies in the U.S. by Bloomberg LP and Points of Light

in Direct TV Rebate, Uncategorized / No Comments

Named One of Bloomberg’s ‘Civic 50’ Companies for Commitment
to Community Two Years in a Row

EL SEGUNDO, Calif.–(BUSINESS WIRE)–
DIRECTV, one of the world’s leading providers of digital television
entertainment services, was recognized today as one of America’s most
community-minded companies in The Civic 50, an annual initiative
that identifies and recognizes companies for their commitment to improve
the quality of life in the communities where they do business. Points of
Light, the largest organization in the world dedicated to volunteer
service, conducted the survey in partnership with Bloomberg LP. 2014 is
the second consecutive year DIRECTV has been named to The Civic 50.

“This award recognizes the work of our talented employees who are
deploying DIRECTV’s unique strengths to make a positive impact in
communities across the country,” said

Michael White, chairman, president
and CEO of DIRECTV. “We are proud to be included on this list of leading
corporations who share our belief that you can’t have a thriving
business without a thriving community.”

“Corporate civic engagement is on the rise and it’s being led by the
forward-thinking businesses included on The Civic 50 list,” said

Neil Bush, Chairman of Points of Light. “The correlation their efforts
showcase between community engagement and employee retention,
productivity and overall bottom-line benefits continues to prove that
businesses that do good, do well. We congratulate this year’s Civic
50
and we hope that they continue to inspire greater investments in
improving communities through corporate civic engagement.”

DIRECTV’s corporate social responsibility efforts in the U.S. focus on
K-12 education and volunteer service to local communities. Highlights
from 2013 include:

  • The DIRECTV GOES TO SCHOOL education program provides technology and
    resources to enrich student learning. The SCHOOL
    CHOICE
     programming package, offered at no cost to any accredited
    K-12 school in the U.S., gives thousands of schools access to current
    events coverage and breaking news, as well as educational programming
    to enhance the classroom experience
  • The DIRECTV Volunteer Program, through which employees dedicate their
    time and talents to give back to their communities in meaningful
    ways, completing a vast array of projects from school beautifications
    to student mentorship. In 2013, more than 140 volunteer projects were
    completed by DIRECTV employees in the U.S., helping DIRECTV reach a
    record number of nearly 18,000 volunteer hours across the U.S.

To learn more, please read DIRECTV’s 2013 Corporate Social
Responsibility report at directvcsr.com.

The Civic 50 survey was conducted by the National Conference on
Citizenship (NCoC) and Points of Light
, the nation’s definitive experts
on civic engagement, and published by Bloomberg News. To learn more
about The Civic 50 survey, please visit www.Civic50.org.

About DIRECTV: DIRECTV (NASDAQ: DTV) is one of the world’s
leading providers of digital television entertainment services
delivering a premium video experience through state-of-the-art
technology, unmatched programming and industry leading customer service
to more than 39 million customers in the U.S. and Latin America. In the
U.S., DIRECTV offers its over 20 million customers access to more than
195 HD channels and Dolby-Digital® 5.1 theater-quality sound, access to
exclusive sports programming such as NFL SUNDAY TICKET™, Emmy-award
winning technology and higher customer satisfaction than the leading
cable companies for 14 years running. DIRECTV Latin America, through its
subsidiaries and affiliated companies in Brazil, Mexico, Argentina,
Venezuela, Colombia, and other Latin American countries, leads the pay
TV category in technology, programming and service, delivering an
unrivaled digital television experience to more than 19 million
customers. DIRECTV sports and entertainment properties include two
Regional Sports Networks (Rocky Mountain and Pittsburgh), and minority
ownership interests in Root Sports Northwest and Game Show Network. For
the most up-to-date information on DIRECTV, please visit www.directv.com.
For more information on Corporate Social Responsibility at DIRECTV,
please visit www.directv.com/responsibility.

Source: DIRECTV

DIRECTV
Jade Ekstedt, (310) 964-3429
jlekstedt@directv.com

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4K Ultra HD Gets a Lift with Successful DIRECTV Satellite Launch

in Direct TV Rebate, Uncategorized / Comments Off

DIRECTV 14 to Begin Operations in the U.S. in First Half of Next
Year; Strengthens Satellite Fleet and Provides Capacity For More
Advanced Services

EL SEGUNDO, Calif.–(BUSINESS WIRE)–
The future of 4K Ultra HD received a rocket-propelled boost today with
the launch of a DIRECTV satellite that will deliver the new standard in
TV image quality directly to viewers’ homes in the U.S., along with more
HD for local markets and backup for DIRECTV’s existing fleet of six HD
satellites.

DIRECTV 14, a nearly seven-ton spacecraft, designed and built by Space
Systems/Loral
, soared into space following its successful launch
today at 12:40 p.m. PT from the European Spaceport in Kourou, French
Guiana
aboard an Ariane
5
launch vehicle by Arianespace.
Controllers at the ground station at Hassan, India made contact with the
satellite 28 minutes into the launch and confirmed that all systems are
functioning properly.

When the satellite begins operations in early second quarter of next
year, it will be the first commercial satellite to use the Reverse Band
Direct Broadcast Satellite (DBS) spectrum, providing additional capacity
for the delivery of more 4K Ultra HD programming and other advanced
services to DIRECTV customers across America including Alaska and Hawaii
and Puerto Rico.

“We congratulate the launch team and our partners, Arianespace and SSL,
on a picture-perfect launch,” said

Phil Goswitz , senior vice president,
Space and Communications, DIRECTV. “Today we achieved a significant
milestone in the development and future adoption of 4K Ultra HD and
ensured our customers will have an entertainment experience that is
second to none for many years to come.”

Last month, DIRECTV became the first multi-channel video provider to
offer 4K Ultra HD programming direct to customers’ TVs, offering a
variety of new releases, popular films and nature documentaries with four times the resolution of HD. Customers who have DIRECTV’s
Genie HD DVR are able to watch 4K programming on supporting 2014 Samsung
UHD TVs.

In addition to 4K Ultra HD services, the satellite expands DIRECTV’s
capacity for future growth for advanced services via the reverse band
spectrum along with spot beam coverage for more local HD.

DIRECTV 14, the 12th owned-and-operated satellite in the DIRECTV fleet,
will be positioned at 99 degrees West longitude and is designed to
provide service for 15 years or more. Video replays of the DIRECTV 14
launch are available on www.directv.com.

Another satellite, DIRECTV 15, is scheduled to launch in the first
quarter of 2015.

About DIRECTV: DIRECTV (NASDAQ:DTV) is one of the world’s
leading providers of digital television entertainment services
delivering a premium video experience through state-of-the-art
technology, unmatched programming and industry leading customer service
to more than 39 million customers in the U.S. and Latin America. In the
U.S., DIRECTV offers its over 20 million customers access to more than
195 HD channels and Dolby-Digital® 5.1 theater-quality sound, access to
exclusive sports programming such as NFL SUNDAY TICKET™, Emmy-award
winning technology and higher customer satisfaction than the leading
cable companies for 14 years running. DIRECTV Latin America, through its
subsidiaries and affiliated companies in Brazil, Mexico, Argentina,
Venezuela, Colombia, and other Latin American countries, leads the pay
TV category in technology, programming and service, delivering an
unrivaled digital television experience to more than 19 million
customers. DIRECTV sports and entertainment properties include two
Regional Sports Networks (Rocky Mountain and Pittsburgh), and minority
ownership interests in Root Sports Northwest and Game Show Network. For
the most up-to-date information on DIRECTV, please visit www.directv.com.

Source: DIRECTV

DIRECTV, Inc.

Robert Mercer, 310-964-4683

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