Charter Convenes Annual Meeting of Stockholders

SEATTLE--(BUSINESS WIRE)--June 12, 2007--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, reinforced his commitment to the Company. "Not only did Charter set out on a path for growth, but our outstanding management team, and indeed all of our employees, proved they can execute in a highly disciplined manner. They have succeeded in transforming Charter into a more nimble and efficient organization," he said. "We are in a far better position today from an operational and capital structure perspective than we have been in many years. And I am very excited about this company's future."

In his prepared remarks, Neil Smit, President and Chief Executive Officer, said, "At Charter, we keep our core mission in focus at all times - and that mission is to deliver quality products, service and value to our customers. During 2006, we built a solid foundation to support this mission and the future growth of the Company."

In closing, Mr. Smit added, "I remain optimistic about Charter's future and about the prospects of the cable industry overall. While we still have work ahead of us, we are confident that we have the people, the products, the platform and the financial flexibility to succeed."

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 2007. 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

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 (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. Many of the forward-looking statements contained in this quarterly report 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 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 be able to provide under the applicable debt instruments such funds (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 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;



• competition from other distributors, including incumbent telephone companies, direct broadcast satellite operators, wireless broadband providers and DSL providers;



• difficulties in introducing and operating our telephone services, such as our ability to adequately meet customer expectations for the reliability of voice services, and 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; and



• the effects of governmental regulation, including but not limited to local franchise authorities, 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.

CONTACT: Charter Communications, Inc.
Media:
Anita Lamont, 314-543-2215
or
Analysts:
Mary Jo Moehle, 314-543-2397

SOURCE: Charter Communications, Inc.