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Charter Reports First Quarter 2010 Financial and Operating Results

May 6, 2010

Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three months ended March 31, 2010.

  First Quarter Highlights:

  --  Compared with the prior year, first quarter revenues grew 4.5% on a
      pro forma(1)  basis and 4.4% on an actual basis, driven by increases
      in Internet, phone, and commercial customers.
  --  First quarter adjusted EBITDA(2) grew 3.4% year-over-year on both a
      pro forma and actual basis and net income improved to $24 million
      compared to a net loss of $205 million in the first quarter of 2009 on
      an actual basis.
  --  Total average monthly revenue per basic video customer (ARPU) for the
      first quarter increased 9.0% year-over-year to $120.45, driven by
      increased sales of The Charter Bundle™ and advanced services.
  --  Charter added approximately 243,000 revenue generating units (RGUs)
      during the first quarter, approximately 100,000 more than the year ago
      quarter.
  --  Free cash flow(2) for the first quarter was $205 million and net cash
      flows from operating activities were $530 million.
  --  Charter continued to enhance its product and service capabilities in
      the quarter through further Internet speed upgrades and continuing
      DOCSIS 3.0 and switched digital video (SDV) rollouts.



  (1) Pro forma results are described below in the "Use of Non-GAAP
   Financial Metrics" section and are provided in the addendum of this
   news release.

  (2) Adjusted EBITDA and free cash flow are defined in the "Use of Non-
   GAAP Financial Metrics" section and are reconciled to consolidated net
   income (loss) and net cash flows from operating activities,
   respectively, in the addendum of this news release.


"We’ve built on the momentum gained late last year, reporting strong first quarter performance driven by bundle, Internet and commercial growth," said Mike Lovett, President and Chief Executive Officer. "During the quarter, we continued to leverage our operating platform and network capabilities to strengthen our high-speed Internet market advantage, further enhance our digital video offering and broaden our commercial solutions. We’ll continue to simplify and enhance our services by offering value to our customers through the triple play and advanced services."

Key Operating Results

All of the following customer and ARPU statistics are presented on a pro forma basis. Charter served approximately 12.9 million revenue generating units (RGUs) as of March 31, 2010, an increase of 401,300 RGUs or about 3.2% over the prior year’s quarter and an increase of 243,000 from the fourth quarter of 2009. Approximately 58.5% of Charter’s residential customers subscribe to a bundle. Charter’s ARPU for the first quarter of 2010 was $120.45, an increase of 9.0% compared to first quarter 2009, primarily as a result of strong growth in triple play and advanced services growth.

  First quarter 2010 customer changes included the following:
  --  Digital video customers increased by approximately 95,800 and basic
      video customers decreased by approximately 23,400 during the first
      quarter.  Video ARPU was $67.88 for the first quarter of 2010, up 4.3%
      year-over-year as we continue to increase digital, high definition and
      digital video recorder penetration.
  --  High-speed Internet customers grew by approximately 103,700 during the
      first quarter of 2010, a 44% increase over net additions in the first
      quarter of 2009.  Internet ARPU of $42.31 increased approximately 2.6%
      compared to the year-ago quarter, as consumer demand for higher
      Internet speeds continues.
  --  First quarter 2010 net gains of phone customers were approximately
      66,900. Phone penetration is now 15.7% as of March 31, 2010.  Phone
      ARPU of $41.69 decreased approximately 3.8%.


As of March 31, 2010, Charter served approximately 5.3 million customers, and the Company’s 12.9 million RGUs were comprised of 4.8 million basic video, 3.3 million digital video, 3.2 million Internet and 1.6 million phone customers.

First Quarter Results

First quarter revenues of $1.735 billion increased 4.5% compared to the year-ago quarter on a pro forma basis and 4.4% on an actual basis, as the Company continued to grow its Internet, phone and the commercial businesses.

Internet revenues were $395 million, up 9.7% year-over-year due to an increased number of customers and ARPU growth. Telephone revenues for the 2010 first quarter were $198 million, an 11.9% increase over first quarter 2009, as customers continued to sign up for Charter’s bundled services. Commercial revenues rose to $118 million, a 10.3% increase year-over-year, reflecting increased sales of the Charter Business Bundle® and customer relationship growth. First quarter 2010 video revenues were $926 million, essentially flat with the year-ago quarter, as digital and advanced services revenue growth was offset by a decline in basic video customers. Advertising sales revenues were $59 million for the first quarter of 2010, a 9.3% increase compared to the first quarter of 2009, primarily as a result of strong political and automotive advertising.

Operating costs and expenses totaled $1.098 billion for the first quarter of 2010, a 5.0% increase compared to the year-ago period, primarily due to increased programming expenses related to annual rate increases.

Adjusted EBITDA for the first quarter of 2010 totaled $637 million, an increase of 3.4% compared to the pro forma and actual results for the year-ago period.

Charter reported $251 million of income from operations in the first quarter of 2010, compared to $334 million in the first quarter of 2009. Income from operations was affected by increased amortization related to customer relationships and other intangible assets resulting from fresh start accounting, as well as favorable litigation settlements in 2009 that did not recur in 2010.

Net income available to shareholders was $24 million in the first quarter of 2010, compared to a loss of $205 million in the first quarter of 2009. The improvement resulted primarily from the reduction of interest expense and nonrecurring tax benefits recorded in the first quarter of 2010. Earnings per share improved to $0.21 in the first quarter of 2010, compared with a loss of $0.54 during the same period last year.

Expenditures for property, plant and equipment for the first quarter of 2010 were $310 million, compared to first quarter 2009 expenditures of $269 million related to strategic investments including DOCSIS 3.0 and SDV launches and broadening our business solutions. The Company expects capital spending for the full year to be approximately $1.2 billion, and intends to deploy SDV to more than 60% of its footprint and DOCSIS 3.0 to approximately half of its footprint by year end 2010.

Net cash flows from operating activities for the first quarter of 2010 were $530 million, compared to $187 million in the first quarter of 2009, primarily due to reduced interest expense and improvement in adjusted EBITDA.

Total principal amount of debt was approximately $12.8 billion as of March 31, 2010. At the end of the first quarter, the Company had liquidity of approximately $950 million, including cash and availability under the Company’s revolving credit facility.

Recent Events

The Company has received notification from the Securities and Exchange Commission that its registration statement on Form S-1 registering 85,971,442 shares of the Company’s Class A common stock is effective, and those shares are now freely tradable by non affiliates. The Class A common shares are currently quoted on the OTC Bulletin Board under the symbol "CCMM". The Company has applied to NASDAQ to list its Class A common stock and believes it will be in a position to complete the listing upon filling a vacancy on its audit committee.

In April the Company extended its maturity profile, selling an aggregate of $1.6 billion principal amount in two tranches of senior notes due 2018 and 2020, with proceeds used to fund the tender offers for certain senior notes due 2013 and 2014.

Conference Call

The Company will host a conference call on Thursday, May 6, 2010 at 9:00 a.m. Eastern Time (ET) related to the contents of this release.

The conference call will be webcast live via the Company’s website at charter.com. The webcast can be accessed by selecting "Investor & News Center" from the lower menu on the home page. The call will be archived in the "Investor & News Center" in the "Financial Information" section on the left beginning two hours after completion of the call. Participants should go to the call link no later than 10 minutes prior to the start time to register.

Those participating via telephone should dial 866-726-7983 no later than 10 minutes prior to the call. International participants should dial 706-758-7055. The conference ID code for the call is 72392123.

A replay of the call will be available at 800-642-1687 or 706-645-9291 beginning two hours after the completion of the call through the end of business on May 20, 2010. The conference ID code for the replay is 72392123.

Additional Information Available on Website

A slide presentation to accompany the conference call will be available on the "Investor & News Center" of our website at charter.com in the "Financial Information" section. A trending schedule containing historical customer and financial data can also be found in the "Financial Information" section.

Use of Non-GAAP Financial Metrics

The Company uses certain measures that are not defined by Generally Accepted Accounting Principles ("GAAP") to evaluate various aspects of its business. Adjusted EBITDA, adjusted EBITDA less capital expenditures and free cash flow are non-GAAP financial measures and should be considered in addition to, not as a substitute for, net income (loss) or cash flows from operating activities reported in accordance with GAAP. These terms, as defined by Charter, may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA is reconciled to consolidated net income (loss) and free cash flow is reconciled to net cash flows from operating activities in the addendum of this news release.

Adjusted EBITDA is defined as consolidated net income (loss) plus interest expense, income taxes, depreciation and amortization, stock compensation expense and other operating expenses, such as special charges and loss on sale or retirement of assets. As such, it eliminates the significant non-cash depreciation and amortization expense that results from the capital-intensive nature of the Company’s businesses as well as other non-cash or special items, and is unaffected by the Company’s capital structure or investment activities. Adjusted EBITDA less capital expenditures is defined as Adjusted EBITDA minus purchases of property, plant and equipment. Adjusted EBITDA and adjusted EBITDA less capital expenditures are used by management and the Company’s board of directors to evaluate the performance of the Company’s business. For this reason, they are significant components of Charter’s annual incentive compensation program. However, these measures are limited in that they do not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues and the cash cost of financing. Management evaluates these costs through other financial measures.

Free cash flow is defined as net cash flows from operating activities, less purchases of property, plant and equipment and changes in accrued expenses related to capital expenditures.

The Company believes that adjusted EBITDA and free cash flow provide information useful to investors in assessing Charter’s performance and its ability to service its debt, fund operations and make additional investments with internally generated funds. In addition, adjusted EBITDA generally correlates to the leverage ratio calculation under the Company’s credit facilities or outstanding notes to determine compliance with the covenants contained in the facilities and notes (all such documents have been previously filed with the United States Securities and Exchange Commission). Adjusted EBITDA, as presented, includes management fee expenses in the amount of $35 million and $32 million for the three months ended March 31, 2010 and 2009, respectively, which expense amounts are excluded for the purposes of calculating compliance with leverage covenants.

In addition to the actual results for the three months ended March 31, 2010 and 2009, we have provided pro forma results in this release for the three months ended March 31, 2009. We believe these pro forma results facilitate meaningful analysis of the results of operations. Pro forma results in this release reflect certain sales of cable systems in 2009 as if they occurred as of January 1, 2009. Pro forma statements of operations for the three months ended March 31, 2009 and pro forma customer statistics as of March 31, 2009 are provided in the addendum of this news release.

About Charter

Charter Communications, Inc. (BULLETIN BOARD: CCMM) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter TV™ video entertainment programming, Charter Internet™ access, and Charter Phone™. Charter Business® similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, video and music entertainment services, and business telephone. Charter’s advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found at www.charter.com.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, including, without limitation, the factors described under "Risk Factors" from time to time in our filings with the Securities and Exchange Commission ("SEC"). Many of the forward-looking statements contained in this release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," "aim," "on track," "target," "opportunity," "tentative" and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this release are set forth in other reports or documents that we file from time to time with the SEC, and include, but are not limited to:

  --  our ability to sustain and grow revenues and cash flows from operating
      activities by offering video, high-speed Internet, telephone and other
      services to residential and commercial customers, and to maintain and
      grow our customer base, particularly in the face of increasingly
      aggressive competition and the difficult economic conditions in the
      United States;
  --  the impact of competition from other distributors, including but not
      limited to incumbent telephone companies, direct broadcast satellite
      operators, wireless broadband providers, and digital subscriber line
      ("DSL") providers and competition from video provided over the
      Internet;
  --  general business conditions, economic uncertainty or downturn and the
      significant downturn in the housing sector and overall economy;
  --  our ability to obtain programming at reasonable prices or to raise
      prices to offset, in whole or in part, the effects of higher
      programming costs (including retransmission consents);
  --  our ability to adequately deliver customer service;
  --  the effects of governmental regulation on our business;
  --  the availability and access, in general, of funds to meet our debt
      obligations, prior to or when they become due, and to fund our
      operations and necessary capital expenditures, either through (i) cash
      on hand, (ii) cash flows from operating activities, (iii) access to
      the capital or credit markets including through new issuances,
      exchange offers or otherwise, especially given recent volatility and
      disruption in the capital and credit markets, or (iv) other sources
      and our ability to fund debt obligations (by dividend, investment or
      otherwise) to the applicable obligor of such debt; and
  --  our ability to comply with all covenants in our indentures and credit
      facilities, any violation of which, if not cured in a timely manner,
      could trigger a default of our other obligations under cross-default
      provisions.

All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this release.

              CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
   UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND OPERATING DATA
         (DOLLARS IN MILLIONS, EXCEPT PER SHARE AND SHARE DATA)



                                  Successor   Predecessor
                                Actual Three  Actual Three
                                Months Ended  Months Ended
                                  March 31,     March 31,
                                     2010          2009     % Change
                                 ----------    ----------   --------

  REVENUES:
     Video (b)                          $926          $928      -0.2%
     High-speed Internet                 395           360       9.7%
     Telephone (b)                       198           177      11.9%
     Commercial                          118           107      10.3%
     Advertising sales                    59            54       9.3%
     Other (b)                            39            36       8.3%
        Total revenues                 1,735         1,662       4.4%
                                       -----         -----

  COSTS AND EXPENSES:
     Operating (excluding
      depreciation and
      amortization) (c)                  751           713       5.3%
     Selling, general and
      administrative
      (excluding stock
       compensation expense)
        (d)                              347           333       4.2%
                                         ---           ---
        Operating costs and
         expenses                      1,098         1,046       5.0%
                                       -----         -----

        Adjusted EBITDA                  637           616       3.4%
                                         ---           ---

        Adjusted EBITDA margin          36.7%         37.1%
                                        ----          ----

     Depreciation and
      amortization                       369           321
     Stock compensation
      expense                              5            11
     Other operating
      (income) expenses,
      net                                 12           (50)
                                         ---           ---

       Income from operations            251           334
                                         ---           ---

  OTHER EXPENSES:
     Interest expense, net
      (excluding unrecorded
           contractual interest
            expense of $9 in
            2009)                       (204)         (463)
     Reorganization items,
      net                                 (4)         (141)
     Other expense, net                    -            (3)
                                         ---           ---
                                        (208)         (607)
                                        ----          ----

  Income (loss) before
   income taxes                           43          (273)

  Income tax expense                     (19)          (61)
                                         ---           ---

  Consolidated net
   income (loss)                          24          (334)

  Less:  Net loss -
   noncontrolling
   interest                                -           129
                                         ---           ---

  Net income (loss) -
   Charter shareholders                  $24         $(205)
                                         ===         =====

  Earnings (loss) per
   common share -
   Charter shareholders:
  Basic                                $0.21        $(0.54)
                                       =====        ======
  Diluted                              $0.21        $(0.54)
                                       =====        ======

  Weighted average
   common shares
   outstanding, basic            113,020,967   378,095,547
                                 ===========   ===========
  Weighted average
   common shares
   outstanding, diluted          114,883,134   378,095,547
                                 ===========   ===========







                                               Predecessor
                                                Pro forma
                                                  Three
                                              Months Ended
                                              March 31, 2009
                                                   (a)        % Change
                                              --------------  --------

  REVENUES:
     Video (b)                                          $927      -0.1%
     High-speed Internet                                 360       9.7%
     Telephone (b)                                       177      11.9%
     Commercial                                          107      10.3%
     Advertising sales                                    54       9.3%
     Other (b)                                            36       8.3%
        Total revenues                                 1,661       4.5%
                                                       -----

  COSTS AND EXPENSES:
     Operating (excluding depreciation
      and amortization) (c)                              712       5.5%
     Selling, general and
      administrative (excluding stock
       compensation expense) (d)                         333       4.2%
                                                         ---
        Operating costs and expenses                   1,045       5.1%
                                                       -----

        Adjusted EBITDA                                  616       3.4%
                                                         ---

        Adjusted EBITDA margin                          37.1%
                                                        ----

     Depreciation and amortization                       321
     Stock compensation expense                           11
     Other operating (income) expenses,
      net                                                (52)
                                                         ---

       Income from operations                            336
                                                         ---

  OTHER EXPENSES:
     Interest expense, net (excluding
      unrecorded
           contractual interest expense of $9
            in 2009)                                    (463)
     Reorganization items, net                          (141)
     Other expense, net                                   (3)
                                                         ---
                                                        (607)
                                                        ----

  Income (loss) before income taxes                     (271)

  Income tax expense                                     (61)
                                                         ---

  Consolidated net income (loss)                        (332)

  Less:  Net loss -noncontrolling
   interest                                              129
                                                         ---

  Net income (loss) -Charter
   shareholders                                        $(203)
                                                       =====

  Earnings (loss) per common share -
   Charter shareholders:
  Basic                                               $(0.54)
                                                      ======
  Diluted                                             $(0.54)
                                                      ======

  Weighted average common shares
   outstanding, basic                            378,095,547
                                                 ===========
  Weighted average common shares
   outstanding, diluted                          378,095,547
                                                 ===========

  (a)  Pro forma results reflect certain sales of cable systems in 2009
  as if they occurred as of January 1, 2009.

  (b)  Certain prior year amounts have been reclassified to conform
  with the 2010 presentation, including the reflection of franchise
  fees, equipment rental and video customer installations revenue as
  video revenue, and telephone regulatory fees as telephone revenue,
  rather than other revenue.

  (c)  Operating expenses include programming, service, and advertising
  sales expenses.

  (d)  Selling, general and administrative expenses include general and
  administrative and marketing expenses.

  March 31, 2009. Pro forma revenues, operating costs and expenses and
  net loss were reduced by $1 million, $1 million and $2 million,
  respectively, for the three months ended March 31, 2009

  Adjusted EBITDA is a non-GAAP term.  See the reconciliation of
  adjusted EBITDA to consolidated net income (loss) as defined by
  GAAP.



                   CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
                       UNAUDITED CONSOLIDATED BALANCE SHEETS
                               (DOLLARS IN MILLIONS)



                                                         March  December
                                                          31,      31,
                                                           2010      2009
                                                           ----      ----

                          ASSETS

  CURRENT ASSETS:
     Cash and cash equivalents                             $221      $709
     Restricted cash and cash equivalents                    33        45
     Accounts receivable, net of allowance for doubtful
      accounts                                              223       248
     Prepaid expenses and other current assets               69        69
                                                            ---       ---
           Total current assets                             546     1,071
                                                            ---     -----

  INVESTMENT IN CABLE PROPERTIES:
     Property, plant and equipment, net                   6,859     6,833
     Franchises, net                                      5,272     5,272
     Customer relationships, net                          2,251     2,335
     Goodwill                                               951       951
                                                            ---       ---
           Total investment in cable properties, net     15,333    15,391
                                                         ------    ------

  OTHER NONCURRENT ASSETS                                   320       196
                                                            ---       ---

          Total assets                                  $16,199   $16,658
                                                        =======   =======

           LIABILITIES AND SHAREHOLDERS' EQUITY

  CURRENT LIABILITIES:
     Accounts payable and accrued expenses                 $958      $898
     Current portion of long-term debt                        -        70
                                                            ---       ---
           Total current liabilities                        958       968
                                                            ---       ---

  LONG-TERM DEBT                                         12,762    13,252

  OTHER LONG-TERM LIABILITIES                               710       520

  TEMPORARY EQUITY                                            6         1

  SHAREHOLDERS' EQUITY:
     Charter shareholders' equity                         1,763     1,915
     Noncontrolling interest                                  -         2
                                                            ---       ---
       Total shareholders' equity                         1,763     1,917
                                                          -----     -----

            Total liabilities and shareholders' equity  $16,199   $16,658
                                                        =======   =======



                             CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
                            UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                         (DOLLARS IN MILLIONS)



                                             Successor       Predecessor
                                            Three Months     Three Months
                                                Ended            Ended
                                           March 31, 2010   March 31, 2009
                                           --------------   --------------
  CASH FLOWS FROM OPERATING
   ACTIVITIES:
     Consolidated net income (loss)                    $24            $(334)
     Adjustments to reconcile net
      income (loss) to net cash flows
      from operating activities:
        Depreciation and amortization                  369              321
        Noncash interest expense                        18               15
        Noncash reorganization items, net                -              108
        Deferred income taxes                           16               59
      Other, net                                         7               16
     Changes in operating assets and
      liabilities
        Accounts receivable                             25               34
        Prepaid expenses and other assets                -              (78)
        Accounts payable, accrued expenses
         and other                                      71               46
                                                       ---              ---
            Net cash flows from operating
             activities                                530              187
                                                       ---              ---

  CASH FLOWS FROM INVESTING
   ACTIVITIES:
     Purchases of property, plant and
      equipment                                       (310)            (269)
     Change in accrued expenses related
      to capital expenditures                          (15)             (27)
     Other, net                                         (5)               4
                                                       ---              ---
            Net cash flows from investing
             activities                               (330)            (292)
                                                      ----             ----

  CASH FLOWS FROM FINANCING
   ACTIVITIES:
     Repayments of long-term debt                     (667)             (17)
     Payments for debt issuance costs                  (31)               -
     Other, net                                         (2)              (2)
                                                       ---              ---
            Net cash flows from financing
             activities                               (700)             (19)
                                                      ----              ---

  NET DECREASE IN CASH AND CASH
   EQUIVALENTS                                        (500)            (124)
  CASH AND CASH EQUIVALENTS,
   beginning of period                                 754              960
                                                       ---              ---
  CASH AND CASH EQUIVALENTS, end of
   period                                             $254             $836
                                                      ====             ====

  CASH PAID FOR INTEREST                              $152             $221
                                                      ====             ====



                            CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
                              UNAUDITED SUMMARY OF OPERATING STATISTICS


                                                  Approximate as of
                                                  -----------------
                                                       Actual
                                                       ------
                                           March 31,       December 31,
                                            2010 (a)         2009 (a)
                                            --------         --------

  Customer Summary:
  Customer Relationships:
    Residential (non-bulk) basic video
     customers (b)                          4,547,800         4,562,900
    Multi-dwelling (bulk) and commercial
     unit customers (c)                       252,800           261,100
                                              -------           -------
        Total basic video customers         4,800,600         4,824,000

    Non-video customers (b)                   518,200           493,100
                                              -------           -------
        Total customer relationships (d)    5,318,800         5,317,100
                                            =========         =========

    Pro forma average monthly revenue per
     basic video customer (e)                 $120.45           $117.43
    Pro forma average monthly video
     revenue per basic video customer (f)      $67.88            $66.32

    Residential bundled customers (g)       2,966,000         2,889,700

  Revenue Generating Units:
    Basic video customers (b) (c)           4,800,600         4,824,000
    Digital video customers (h)             3,313,900         3,218,100
    Residential high-speed Internet
     customers (i)                          3,166,000         3,062,300
    Residential telephone customers (j)     1,622,900         1,556,000
                                            ---------         ---------
        Total revenue generating units (k) 12,903,400        12,660,400
                                           ==========        ==========

  Total Video Services:
    Estimated homes passed (l)             11,954,300        11,902,200
    Basic video customers  (b)(c)           4,800,600         4,824,000
    Estimated penetration of basic homes
     passed (b) (c) (l) (m)                      40.2%             40.5%
    Pro forma basic video customers
     quarterly net loss (b) (c) (n)           (23,400)          (56,900)

    Digital video customers (h)             3,313,900         3,218,100
    Digital penetration of basic video
     customers (b) (c) (h) (o)                   69.0%             66.7%
    Digital set-top terminals deployed      4,937,000         4,794,500
    Pro forma digital video customers
     quarterly net gain (h) (n)                95,800            43,300

  High-Speed Internet Services:
    Estimated high-speed Internet homes
     passed (l)                            11,424,500        11,360,200
    Residential high-speed Internet
     customers (i)                          3,166,000         3,062,300
    Estimated penetration of high-speed
     Internet homes passed (i) (l) (m)           27.7%             27.0%
    Pro forma average monthly high-speed
     Internet revenue per high-speed
     Internet customer (f)                     $42.31            $41.48
    Pro forma high-speed Internet
     customers quarterly net gain (i) (n)     103,700            51,800

  Telephone Services:
    Estimated telephone homes passed (l)   10,363,900        10,312,700
    Residential telephone customers (j)     1,622,900         1,556,000
    Estimated penetration of telephone
     homes passed (i) (l) (m)                    15.7%             15.1%
    Pro forma average monthly telephone
     revenue per telephone customer (f)        $41.69            $42.54
    Pro forma telephone customers
     quarterly net gain (j) (n)                66,900            56,200






                                                     Approximate as of
                                                     -----------------
                                                         Pro Forma
                                                         ---------
                                                         March 31,
                                                          2009 (a)
                                                          --------

  Customer Summary:
  Customer Relationships:
    Residential (non-bulk) basic video customers
     (b)                                                     4,743,600
    Multi-dwelling (bulk) and commercial unit
     customers (c)                                             256,900
                                                               -------
        Total basic video customers                          5,000,500

    Non-video customers (b)                                    419,200
                                                               -------
        Total customer relationships (d)                     5,419,700
                                                             =========

    Pro forma average monthly revenue per basic
     video customer (e)                                        $110.48
    Pro forma average monthly video revenue per
     basic video customer (f)                                   $65.06

    Residential bundled customers (g)                        2,813,800

  Revenue Generating Units:
    Basic video customers (b) (c)                            5,000,500
    Digital video customers (h)                              3,157,800
    Residential high-speed Internet customers (i)            2,947,500
    Residential telephone customers (j)                      1,396,300
                                                             ---------
        Total revenue generating units (k)                  12,502,100
                                                            ==========

  Total Video Services:
    Estimated homes passed (l)                              11,818,000
    Basic video customers  (b)(c)                            5,000,500
    Estimated penetration of basic homes passed (b)
     (c) (l) (m)                                                  42.3%
    Pro forma basic video customers quarterly net
     loss (b) (c) (n)                                          (23,500)

    Digital video customers (h)                              3,157,800
    Digital penetration of basic video customers (b)
     (c) (h) (o)                                                  63.1%
    Digital set-top terminals deployed                       4,604,100
    Pro forma digital video customers quarterly net
     gain (h) (n)                                               25,600

  High-Speed Internet Services:
    Estimated high-speed Internet homes passed (l)          11,233,000
    Residential high-speed Internet customers (i)            2,947,500
    Estimated penetration of high-speed Internet
     homes passed (i) (l) (m)                                     26.2%
    Pro forma average monthly high-speed Internet
     revenue per high-speed Internet customer (f)               $41.25
    Pro forma high-speed Internet customers
     quarterly net gain (i) (n)                                 71,900

  Telephone Services:
    Estimated telephone homes passed (l)                    10,096,300
    Residential telephone customers (j)                      1,396,300
    Estimated penetration of telephone homes passed
     (i) (l) (m)                                                  13.8%
    Pro forma average monthly telephone revenue per
     telephone customer (f)                                     $43.35
    Pro forma telephone customers quarterly net gain
     (j) (n)                                                    70,400

  Pro forma operating statistics reflect the sales and acquisitions of
  cable systems in 2009 as if such transactions had occurred as of the
  last day of the respective period for all periods presented.

  At March 31, 2009 actual basic video customers, digital video
  customers, high-speed Internet customers and telephone customers
  were 5,003,200, 3,157,700, 2,947,100, and 1,396,300, respectively.

  See footnotes to unaudited summary of operating statistics.




  (a) Our billing systems calculate the aging of customer accounts
   based on the monthly billing cycle for each account.  On that basis,
   at March 31, 2010, December 31, 2009, and March 31, 2009 customers
   include approximately 16,200, 25,900, and 30,600 persons,
   respectively, whose accounts were over 60 days past due in payment,
   approximately 1,600, 3,500, and 4,400 persons, respectively, whose
   accounts were over 90 days past due in payment and approximately
   1,700, 2,200, and 2,700 persons, respectively, whose accounts were
   over 120 days past due in payment.

  (b)  "Basic video customers" include all residential customers who
   receive video services (including those who also purchase high-
   speed Internet and telephone services) but excludes approximately
   518,200, 493,100, and 419,200 customer relationships at March 31,
   2010, December 31, 2009, and March 31, 2009, respectively, who
   receive high-speed Internet service only, telephone service only,
   or both high-speed Internet service and telephone service and who
   are only counted as high-speed Internet customers or telephone
   customers.

  (c)  Included within "basic video customers" are those in commercial
   and multi-dwelling structures, which are calculated on an
   equivalent bulk unit ("EBU") basis.  In the second quarter of 2009,
   we began calculating EBUs by dividing the bulk price charged to
   accounts in an area by the published rate charged to non-bulk
   residential customers in that market for the comparable tier of
   service rather than the most prevalent price charged as was used
   previously.  This EBU method of estimating basic video customers is
   consistent with the methodology used in determining costs paid to
   programmers and is consistent with the methodology used by other
   multiple system operators (MSOs).  EBUs presented as of March 31,
   2009 decreased by 10,500 as a result of the change in methodology.
   As we increase our published video rates to residential customers
   without a corresponding increase in the prices charged to commercial
   service or multi-dwelling customers, our EBU count will decline
   even if there is no real loss in commercial service or multi-
   dwelling customers.

  (d)  "Customer relationships" include the number of customers that
   receive one or more levels of service, encompassing video, Internet
   and telephone services, without regard to which service(s) such
   customers receive.  This statistic is computed in accordance with
   the guidelines of the National Cable & Telecommunications
   Association (NCTA) that have been adopted by eleven then publicly
   traded cable operators, including Charter.

  (e) "Pro forma average monthly revenue per basic video customer" is
   calculated as total quarterly pro forma revenue divided by three
   divided by average pro forma basic video customers during the
   respective quarter.

  (f) "Pro forma average monthly revenue per customer" represents
   quarterly pro forma revenue for the service indicated divided by
   three divided by the number of pro forma customers for the service
   indicated during the respective quarter.

  (g) "Residential bundled customers" include residential customers
   receiving a combination of at least two different types of service,
   including Charter's video service, high-speed Internet service or
   telephone.  "Residential bundled customers" do not include
   residential customers who only subscribe to video service.

  (h)  "Digital video customers" include all basic video customers that
   have one or more digital set-top boxes or cable cards deployed.

  (i)  "Residential high-speed Internet customers" represent those
   residential customers who subscribe to our high-speed Internet
   service.  At March 31, 2010, December 31, 2009, and March 31, 2009,
   approximately 2,784,000, 2,705,300, and 2,640,000 of these high-
   speed Internet customers, respectively, receive video and/or
   telephone services from us and are included within the respective
   statistics above.

  (j)  "Residential telephone customers" represent those residential
   customers who subscribe to our telephone service.  As of March 31,
   2010, December 31 2009, and March 31, 2009 approximately 1,580,000,
   1,508,200, and 1,363,300 of these telephone customers, respectively,
   receive video and/or high-speed Internet services from us and are
   included within the respective statistics above.

  (k)  "Revenue generating units" represent the sum total of all basic
   video, digital video, high-speed Internet and telephone customers,
   not counting additional outlets within one household.  For example,
   a customer who receives two types of service (such as basic video
   and digital video) would be treated as two revenue generating units,
   and if that customer added on high-speed Internet service, the
   customer would be treated as three revenue generating units.    This
   statistic is computed in accordance with the guidelines of the NCTA.

  (l)  "Homes passed" represent our estimate of the number of living
   units, such as single family homes, apartment units and condominium
   units passed by our cable distribution network in the areas where we
   offer the service indicated.  "Homes passed" exclude commercial
   units passed by our cable distribution network.  These estimates are
   updated for all periods presented when estimates change.

  (m)  "Penetration" represents customers as a percentage of homes
   passed for the service indicated.

  (n)  "Pro forma quarterly net gain (loss)" represents the pro forma
   net gain or loss in the respective quarter for the service
   indicated.

  (o)  "Digital penetration of basic video customers" represents the
   number of digital video customers as a percentage of basic video
   customers.



           CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
   UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO GAAP MEASURES
                       (DOLLARS IN MILLIONS)

                                            Successor   Predecessor
                                              Actual       Actual
                                              Three        Three
                                              Months       Months
                                           Ended March  Ended March
                                             31, 2010     31, 2009
                                            -----------        -----------

  Consolidated net income (loss)                    $24              $(334)
  Plus:  Interest expense, net                     204                463
    Income tax expense                               19                 61
    Depreciation and amortization                  369                321
    Stock compensation expense                       5                 11
    Reorganization items, net                        4                141
    Other, net                                      12                (47)
                                                   ---                ---

  Adjusted EBITDA (b)                              637                616
          Purchases of property, plant and
  Less:   equipment                               (310)              (269)
                                                 -----

  Adjusted EBITDA less capital
   expenditures                                   $327               $347
                                                  ====               ====



  Net cash flows from operating
   activities                                     $530               $187
          Purchases of property, plant and
  Less:   equipment                               (310)              (269)
    Change in accrued expenses related
     to capital expenditures                       (15)               (27)
                                                   ---                ---

  Free cash flow                                  $205              $(109)
                                                  ====              =====





                                             Predecessor
                                             -----------
                                           Pro forma Three
                                                              Months Ended
                                                             March 31, 2009
                                                                   (a)
                                           ----------------

  Consolidated net income (loss)                      $(332)
  Plus:  Interest expense, net                         463
    Income tax expense                                   61
    Depreciation and amortization                      321
    Stock compensation expense                          11
    Reorganization items, net                          141
    Other, net                                         (49)
                                                       ---

  Adjusted EBITDA (b)                                  616
          Purchases of property, plant and
  Less:   equipment                                   (269)
                                                     -----

  Adjusted EBITDA less capital
   expenditures                                       $347
                                                      ====



  Net cash flows from operating
   activities                                         $187
          Purchases of property, plant and
  Less:   equipment                                   (269)
    Change in accrued expenses related
     to capital expenditures                           (27)
                                                       ---

  Free cash flow                                     $(109)
                                                     =====

  (a)  Pro forma results reflect certain sales of cable systems in 2009
  as if they occurred as of January 1, 2009.

  (b) See detail of the components included within adjusted EBITDA.

  The above schedules are presented in order to reconcile adjusted
  EBITDA and free cash flows, both non-GAAP measures, to the most
  directly comparable GAAP measures in accordance with Section 401(b)
  of the Sarbanes-Oxley Act.



             CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES
                         CAPITAL EXPENDITURES
                         (DOLLARS IN MILLIONS)



                                    Successor                Predecessor
                                   Three Months              Three Months
                                       Ended                     Ended
                                 March 31, 2010             March 31, 2009
                                 --------------             --------------

  Customer premise
   equipment (a)                            $156                       $167
  Scalable infrastructure
   (b)                                        87                         45
  Line extensions (c)                         16                         14
  Upgrade/Rebuild (d)                          9                          5
  Support capital (e)                         42                         38
                                             ---                        ---

     Total capital
      expenditures (f)                      $310                       $269
                                            ====                       ====

  (a)  Customer premise equipment includes costs incurred at the
  customer residence to secure new customers, revenue units and
  additional bandwidth revenues.  It also includes customer
  installation costs and customer premise equipment (e.g., set-top
  boxes and cable modems, etc.).

  (b) Scalable infrastructure includes costs, not related to customer
  premise equipment or our network, to secure growth of new customers,
  revenue units and additional bandwidth revenues or provide service
  enhancements (e.g., headend equipment).

  (c) Line extensions include network costs associated with entering
  new service areas (e.g., fiber/coaxial cable, amplifiers,
  electronic equipment, make-ready and design engineering).

  (d)  Upgrade/rebuild includes costs to modify or replace existing
  fiber/coaxial cable networks, including betterments.

  (e)  Support capital includes costs associated with the replacement
  or enhancement of non-network assets due to technological and
  physical obsolescence (e.g., non-network equipment, land, buildings
  and vehicles).

  (f) Total capital expenditures includes $18 million and $16 million
  of capital expenditures related to commercial services for the three
  months ended March 31, 2010 and 2009, respectively.

First Call Analyst:
FCMN Contact:

SOURCE: Charter Communications, Inc.

CONTACT: media, Anita Lamont, +1-314-543-2215, or Analysts, Mary Jo
Moehle, +1-314-543-2397, both of Charter Communications, Inc.