ST. LOUIS--(BUSINESS WIRE)--July 15, 2005--Charter Communications, Inc. ("Charter") (Nasdaq: CHTR) today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp., have commenced an offer to exchange any and all of their outstanding $550 million aggregate principal amount of Senior Floating Rate Notes due 2010, which are not registered under the Securities Act of 1933, for a like aggregate principal amount of their new Senior Floating Rate Notes due 2010, which are registered under the Securities Act of 1933. The exchange offer is being conducted upon the terms and subject to the conditions set forth in the prospectus dated July 15, 2005, and the related letter of transmittal, including any amendments or supplements thereto (which, together with the prospectus, constitute the exchange offer). The exchange offer is scheduled to expire at 5:00 PM Eastern Time (ET) on August 15, 2005, unless extended.

The exchange agent for the exchange offer is Wells Fargo Bank, N.A. For more information, call the exchange agent at (800) 344-5128.

This press release is not an offer to sell or a solicitation of an offer to buy any security. The offer to exchange is being made solely by the exchange offer.

About Charter Communications

Charter Communications, Inc., a broadband communications company, provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform via Charter Digital(TM) and Charter High-Speed(TM) Internet service. Charter also provides business-to-business video, data and Internet protocol (IP) solutions through Charter Business(TM). 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 release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated" 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.

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.
Press:
Dave Andersen, 314-543-2213
or
Analysts:
Mary Jo Moehle, 314-543-2397

SOURCE: Charter Communications, Inc.