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Charter Names Tom Rutledge Chairman of the Board of Directors and Appoints Board Members. The actual number of shares of Charter common stock that TWC stockholders other than Liberty Broadband and Liberty Interactive will receive will be calculated by multiplying the exchange ratios of 0. Additionally, each legacy Charter stockholder will be entitled to receive 0.

Charter expects the trading price of Charter common stock on the NASDAQ to reflect the impact of the parent merger exchange ratio when Charter begins trading on the NASDAQ this morning Eastern Time , under the ticker CHTR New CUSIP: TWC shares will no longer trade on the New York Stock Exchange.

As previously announced, the election deadline for TWC stockholders to elect the form of consideration they wished to receive in connection with the Charter-TWC transactions was 5: Out of the approximately million shares of TWC common stock outstanding as of the Election Deadline, approximately million shares made a valid election, of which approximately million shares elected to receive the Option A consideration and approximately 3 million shares elected to receive the Option B consideration.

All shares as to which no election was made at or prior to the Election Deadline have, by default, been converted into the right to receive the Option A consideration. At closing, Charter had approximately The combination of Charter, TWC and Bright House will create a leading broadband services and technology company, serving over 25 million customers in 41 states. Charter will be led by Tom Rutledge, who will serve as Chairman of the Board, President and CEO.

Also continuing as members of the Board are Lance Conn, Craig Jacobson, Jay Markley and David Merritt. The Board has also appointed Mauricio Ramos, Chief Executive Officer of Millicom, to serve on the Board of Directors. The remaining open position on the Board will be filled soon by appointment by the directors other than Mr. CHTR is a leading broadband communications company and the second largest cable operator in the United States.

More information about Charter can be found at charter. All such forward-looking statements involve estimates and assumptions that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from the results expressed in the statements.

Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: Charter assumes no obligation to update any forward-looking statements.

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Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

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