Charter Convenes Annual Meeting of Stockholders

SEATTLE, Apr 29, 2008 (BUSINESS WIRE) -- Charter Communications, Inc. (NASDAQ:CHTR) ("Charter" or the "Company") convened its Annual Meeting of Stockholders here today.

Paul G. Allen, Chairman of the Board and controlling shareholder of Charter, said, "I am very pleased with Charter's performance in 2007, from both a financial and operational perspective. Charter is clearly on a path of growth." Mr. Allen concluded his comments by saying, "I also want to pay tribute to the more than sixteen and a half-thousand Charter employees who are hard at work in communities in 29 states, adding value for our customers and improving their experiences with our Company."

In his prepared remarks, Neil Smit, President and Chief Executive Officer, said, "2007 was a successful year for Charter. Through the hard work of our employees, we achieved double-digit revenue and adjusted EBITDA growth year over year in each quarter of 2007 on a pro forma basis, and we made significant improvements to the overall customer experience."

In closing, Mr. Smit added, "All of us at Charter are focused on keeping the Company's results moving in a positive direction. We remain optimistic about the future for Charter and the cable industry overall. We expect the Charter Bundle and Charter Business Bundle to be the primary platform for success in 2008, and we are encouraged about the prospects for Charter as we continue to deliver value and improve the experience for our customers."

During the course of today's meeting, Charter shareholders re-elected Mr. Robert May as the Company's Class A/Class B Director, and ratified the appointment of KPMG LLP as the Company's independent public accountants for 2008. Mr. Allen, the sole holder of Charter's Class B common stock, elected the Class B Directors, who are Paul G. Allen, W. Lance Conn, Nathaniel A. Davis, Jonathan L. Dolgen, Rajive Johri, David C. Merritt, Marc B. Nathanson, Jo Allen Patton, Neil Smit, John H. Tory and Larry W. Wangberg.

The webcast replay of Charter's Annual Meeting of Stockholders is available via the Company's website at www.charter.com. The webcast can be accessed by clicking on "About Charter" on the top of the home page.

About Charter Communications

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 Cable(R) video entertainment programming, Charter High-Speed(R) Internet access, and Charter Telephone(R). 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.

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, and Section 21E of the Securities Exchange Act of 1934, as amended, 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" 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:

-- the availability, in general, of funds to meet interest payment obligations under our debt and to fund our operations and necessary capital expenditures, either through cash flows from operating activities, further borrowings or other sources and, in particular, our ability to fund debt obligations (by dividend, investment or otherwise) to the applicable obligor of such debt;

-- 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;

-- our ability to pay or refinance debt prior to or when it becomes due and/or refinance that debt through new issuances, exchange offers or otherwise, including restructuring our balance sheet and leverage position;

-- the impact of competition from other distributors, including incumbent telephone companies, direct broadcast satellite operators, wireless broadband providers, and digital subscriber line ("DSL") providers;

-- difficulties in growing, further introducing, and operating our telephone services, while adequately meeting customer expectations for the reliability of voice services;

-- our ability to adequately meet demand for installations and customer service;

-- our ability to sustain and grow revenues and cash flows from operating activities by offering video, high-speed Internet, telephone and other services, and to maintain and grow our customer base, particularly in the face of increasingly aggressive competition;

-- our ability to obtain programming at reasonable prices or to adequately raise prices to offset the effects of higher programming costs;

-- general business conditions, economic uncertainty or slowdown, including the recent significant slowdown in the new housing sector and overall economy; and

-- the effects of governmental regulation on our business.

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.

SOURCE: Charter Communications, Inc.

Charter Communications, Inc.
Media:
Anita Lamont, 314-543-2215
or
Investors:
Marty Richmond, 314-543-5621