AT&T Broadband To Merge With Comcast Corporation

Comcast's Proposal to Merge with AT&T Broadband

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Company founded by Ralph J. Roberts, Daniel Aaron and Julian A. Brodsky with
purchase of 1,200-subscriber cable system in Tupelo, MS.

Company renamed Comcast Corporation from American Cable Systems and
incorporated in Pennsylvania.

First public stock offering, stock traded on the NASDAQ Stock Market.

Comcast doubled in size to 1,200,000 cable customers with the purchase of
26% of Group W Cable.

Comcast made a founding investment in QVC.

Comcast purchased 50% of Storer Communications, Inc., raising the number
of Comcast subscribers to over 2 million and making Comcast the fifth largest
cable operator.

Comcast entered the cellular telecommunications field with the purchase of
American Cellular Network Corporation (AMCELL), whose New Jersey and
Delaware service territory covered a population of 2 million.

Brian L. Roberts elected President of Comcast Corporation.

Comcast combined its AMCELL properties with those of Metrophone, tripling
the population area served to 7 million.

Acquired Maclean Hunter’s U.S. cable operations to add 550,000 customers
and become the third largest cable operator with approximately 3.3 million
customers.

Comcast purchased a 57% stake in QVC and assumed management of the
world’s leading electronic retailer. Announced the acquisition of E.W. Scripps
cable systems, adding 800,000 subscribers and bringing Comcast’s customer
total to 4.3 million.

Brian L. Roberts named NCTA chairman.

Comcast formed Comcast-Spectacor, a sports venture owning and operating
the NHL Philadelphia Flyers, the NBA Philadelphia 76ers, the First Union
Spectrum and the First Union Center. Announced the formation of a regional
sports channel, Comcast SportsNet.

Microsoft invested $1 billion in Comcast.

Comcast acquired a 40% controlling interest in E! Entertainment in a
partnership with Disney.

Comcast Cable announced the acquisition of Jones Intercable, Inc. for 1.1
million additional customers.

Comcast announced the acquisition of 406,000 subscribers from Prime
Communications.

Comcast U.K. Cable Partners sold to NTL, Inc.

Comcast Cellular sold to SBC Communications of San Antonio, TX for
$1.7 billion.

Comcast acquired Greater Philadelphia Cablevision, Inc., a subsidiary of
Greater Media, Inc. serving 79,000 cable customers in Philadelphia.

Comcast and MediaOne announced a $60 billion merger. When the merger
agreement was terminated, Comcast received a $1.5 billion termination fee
and announced an agreement to acquire 2 million AT&T subscribers.

Comcast Interactive Capital Group formed by Comcast veteran Julian A.
Brodsky to make technology and Internet related investments.

Comcast completed the acquisition of Lenfest Communications, Inc., adding
approximately 1.3 million cable subscribers.

Comcast completed cable system swaps with Adelphia and AT&T, gaining
Adelphia customers in Florida, Indiana, Michigan, New Jersey, New Mexico and
Pennsylvania and AT&T customers in Florida, Michigan, New Jersey,
Pennsylvania and Washington, D.C.

Comcast completed the acquisition of Home Team Sports and combined it
with Comcast SportsNet under a new division titled "Comcast Regional Sports
Television.

"Comcast completed the acquisition of select AT&T cable systems in six
states adding 595,000 customers.Comcast acquired an option to purchase
Outdoor Life Network from Fox Cable Networks.

Comcast completed the acquisition of controlling interest in The Golf Channel.

Comcast completed the acquisition of 115,000 AT&T subscribers in Baltimore, MD.

Comcast completed the acquisition of Outdoor Life Network.

Comcast announces G4, a new video game television network.

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