InvestorsDecember 19, 2006
Charter Communications Extends Exchange Offer
ST. LOUIS--(BUSINESS WIRE)--Dec. 19, 2006--Charter Communications, Inc. (NASDAQ: CHTR) announced today that its subsidiaries, CCH I, LLC and CCH I Capital Corp. and CCH II, LLC and CCH II Capital Corp., are extending the expiration date of their offer to exchange their outstanding $462 million aggregate principal amount of CCH I Senior Notes due 2015 and $250 million aggregate principal amount of CCH II Senior Notes due 2013, which are not registered under the Securities Act of 1933, for a like aggregate principal amount of their new Senior Notes with the same corresponding due dates, which are registered under the Securities Act of 1933. The outstanding notes were issued in a private placement in September 2006 and are guaranteed by Charter Communications Holdings, LLC.
The exchange offer is being made pursuant to a Prospectus dated November 15, 2006, and related Letter of Transmittal, which more fully set forth the terms of the exchange offer. The exchange offer was originally scheduled to expire on Monday, December 18, 2006, at 5:00 PM Eastern Time (ET) time. The exchange offer has been extended so that it is now scheduled to expire at 5:00 PM ET, on Thursday, December 21, 2006, unless further extended. All other terms of the exchange offer remain unchanged.
The exchange agent for the exchange offer is The Bank of New York, N.A. For more information, call the exchange agent at 312/827-8546.
This press release shall not constitute an offer to purchase or a solicitation of acceptance of the offer to exchange, which may be made only pursuant to the terms of the Prospectus and related Letter of Transmittal.
About Charter Communications(R)
Charter Communications, Inc. is a leading broadband communications company and the third-largest publicly traded cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter Digital(R) video entertainment programming, Charter High-Speed(TM) Internet access service, and Charter Telephone(TM) services. Charter Business(TM) 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(R) brand. More information about Charter can be found at www.charter.com.
Charter Communications Inc.,St. Louis
Mary Jo Moehle
SOURCE: Charter Communications, Inc.