Charter Communications Denies Merger and Acquisition Activity

ST. LOUIS, Sep 25, 2001 (BUSINESS WIRE) -- Charter Communications, Inc. (Nasdaq: CHTR) today said that other than a previously announced transaction involving High Speed Access Corporation, speculation about imminent merger and acquisition activity, including RCN Corporation (Nasdaq: RCNC), is erroneous and unfounded, according to Kent Kalkwarf, Charter Executive Vice President and Chief Financial Officer. "There has been no dialogue with RCN, nor is any planned. The source of this speculation is unknown to us," Mr. Kalkwarf said.

With nearly 7 million customers in 40 states, Charter Communications, a Wired World Company(TM), is among the nation's largest broadband communications companies. Charter provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform, marketed under the Charter Digital Cable(TM) brand; and high-speed Internet access marketed under the Charter Pipeline(TM) brand. Commercial high-speed data, video and Internet solutions are provided under the Charter Business Networks(TM) brand. Advertising sales and production services are sold under the Charter Media(TM) brand.

A Fortune 500 company, Charter is the 2001 recipient of the Outstanding Corporate Growth Award from the Association for Corporate Growth, the 2001 R.E. "Ted" Turner Innovator of the Year Award from the Southern Cable Telecommunications Association, and the 2000 Innovator Award for Technology from Cablevision Magazine. More information about Charter can be found at www.charter.com.

Statements in this press release regarding Charter Communications' business that are not historical facts may be "forward-looking statements." Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from any such forward-looking statements are identified in the reports and documents Charter files from time to time with the U.S. Securities and Exchange Commission.

CONTACT:
Charter Communications Inc., St. Louis
Media: Andy Morgan, 314/543-2217
amorgan@chartercom.com
or
Analysts: Mary Jo Moehle, 314/543-2397
mmoehle@chartercom.com