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News Release

Charter Exceeds Revenue Growth Target For the Second Quarter of 2002

ST. LOUIS, Aug 6, 2002 (BUSINESS WIRE) -- Charter Communications, Inc. (Nasdaq:CHTR) reported today that second quarter 2002 revenue exceeded expectations, and that operating cash flow and revenue generating unit (RGU) growth were in-line with growth targets. Charter executives will discuss second quarter financial results and expectations for the remainder of the year in a conference call this morning.

"We're aggressively executing on our business strategy," Carl Vogel, President and CEO, said. "At the same time, we're continuing to address the need to maintain the confidence of the marketplace, including an increased level of disclosure as provided in the Form 10-Q filed with the SEC today," he continued. "We're committed to continuing careful oversight on issues related to integrity, accounting practices, financial health, and corporate governance, which are fundamental to maintaining that confidence."

    Second Quarter Financial Highlights
Revenue during the second quarter of 2002 increased 14.3% to $1.158 billion, and operating cash flow increased 13.8% to $501 million compared to pro forma results for the second quarter of 2001. "The business of broadband has excellent momentum and continues to demonstrate significant consumer demand. Charter is capitalizing on this demand and delivering revenue growth for the quarter exceeding the high end of our expectations," Mr. Vogel said. Charter reported basic and diluted loss per share of $.69 for the second quarter of 2002, compared to a loss per share of $1.07 for the second quarter of 2001, an improvement primarily due to the adoption of the new accounting standard relating to the amortization of goodwill and other intangible assets.

Charter added 286,900 RGUs during the second quarter, excluding customers added through acquisition, fueled by a record 157,800 cable modem customers additions. Charter now provides high-speed Internet service to over 905,000 customers.

Charter's advanced broadband network also delivers a wide range of television channels and programs to approximately 6.8 million households. As of June 30, 2002, Charter Digital Cable(R) customers totaled 2,380,500, or approximately 35% of Charter's video customer base. "Even as we've expanded our service offerings, ventured into new areas and found more applications for our broadband pipe, we continue to produce excellent results from our video business," said Mr. Vogel. "When our broadband Internet service is combined in a bundle with our digital video product, the effect on customer retention is significant."

Mr. Vogel said Charter's challenge in the future will be to effectively market analog and digital video, video on demand, high-speed data, home networking, and other interactive services and products with compelling offers that emphasize the value of these services. "We're focused on effective ways of communicating the benefits of bundling to the general marketplace, both in terms of value and convenience. Each home and business we pass provides an opportunity to sell one or more of these products," Mr. Vogel said.

    Looking Ahead
Charter expects revenue for the third quarter of 2002 to range from $1.185 billion to $1.20 billion, representing a 13.2% to 14.6% increase over the year ago pro forma results. Operating cash flow for the third quarter is expected to be between $520 million and $530 million, representing 13.7% to 15.9% growth over the same prior year period pro forma results. Charter expects to add 350,000 to 375,000 RGUs in the third quarter. RGUs are comprised of basic, digital and cable modem customers.

Charter expects 2002 annual revenue of between $4.6 billion and $4.7 billion. Annual operating cash flow is expected to range between $2.035 billion and $2.070 billion. Charter expects to add a total of approximately 1,100,000 to 1,200,000 RGUs during 2002. Growth in digital and cable modem customers is expected to offset a decline in basic customers compared to actual December 31, 2001 customers. Charter expects to end the year with over 6.8 million basic customers. Annual capital expenditures are expected to be $2.350 billion, down $125 million from original guidance of $2.475 billion. The capital expenditure savings will primarily come from efficiencies, decreased churn, increased self installations, reduced installation time and improved inventory management.

Effective July 1, 2002, Charter will adopt certain provisions of Statement of Financial Accounting Standards No. 123 under which compensation expense of stock-based awards to employees will be recognized over the vesting period based on the fair value of the awards on the grant dates.

    About Charter Communications
Charter Communications, A Wired World Company(TM), is among the nation's largest broadband communications companies, currently serving some 6.8 million customers in 40 states. Charter provides a full range of advanced broadband services to the home, including cable television on an advanced digital video programming platform marketed under the Charter Digital Cable(R) brand and high-speed Internet access via Charter Pipeline(R). Commercial high-speed data, video and Internet solutions are provided under the Charter Business NetworksTM brand. Advertising sales and production services are sold under Charter Media.

A Fortune 500 and NASDAQ 100 Company, Charter was the 2001 recipient of the Outstanding Corporate Growth Award from the Association for Corporate Growth, the 2001 R.E. "Ted" Turner Innovator of the Year Award from the Southern Cable Telecommunications Association, and the 2001 Fast 50 Award for Growth from the St. Louis Regional Chamber and Growth Association.

    More information about Charter can be found at www.charter.com.
Detailed financial information is included in the attached addendum.

Charter will conduct a conference call to discuss their operating results on Tuesday, August 6, 2002 at 11:00 AM Eastern Time. The call will be available live via webcast at www.charter.com. The call will be available on the "Investor Center" portion of the website, via "About Us." Participants should go to the call link at least 10 minutes prior to the start time to register. The call will be archived on the website.

Statements in this press release regarding Charter Communications' business that are not historical facts may be "forward-looking statements." Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Important factors that could cause actual results to differ materially from any such forward-looking statements are identified in the reports and documents Charter files from time to time with the U.S. Securities and Exchange Commission.

             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
            UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
               (DOLLARS IN THOUSANDS, EXCEPT SHARE DATA)
                                         Three Months Ended
                                               June 30,
                                    -----------------------------
                                    -----------------------------
                                   Actual        Actual
                                    2002          2001       % Change
                                -----------    ----------- -----------
                                -----------    ----------- -----------
REVENUES:
   Analog video               $    776,915   $    666,725
   Digital video                   117,560         68,192
   Cable modem                      83,410         32,850
   Advertising sales                90,352         64,514
   Other                            90,176         96,194
                                -----------    -----------
                                -----------    -----------
      Total revenues             1,158,413        928,475       24.8%
                                -----------    -----------
                                -----------    -----------
OPERATING EXPENSES:
   Analog video programming        265,947        211,839
   Digital video                    40,827         24,081
   Cable modem                      39,013         20,440
   Advertising sales                21,435         13,665
   Service                          53,377         44,083
   General and administrative      194,973        153,703
   Marketing                        25,088         18,617
   Corporate expenses               16,660         13,993
                                -----------    -----------
                                -----------    -----------
      Operating expenses           657,320        500,421       31.4%
                                -----------    -----------
                                -----------    -----------
      Operating cash flow          501,093        428,054       17.1%
Depreciation and
 amortization                      492,168        720,952
Option compensation
 expense                               717          4,850
Interest, net                      373,388        314,910
Other, net                          66,241         23,991
                                -----------    -----------
                                -----------    -----------
                                   932,514      1,064,703
                                -----------    -----------
                                -----------    -----------
Loss before
 minority interest                (431,421)      (636,649)
Minority interest                  229,422        362,784
                                -----------    -----------
                                -----------    -----------
Net loss                          (201,999)      (273,865)
Dividends of
 preferred stock
 - redeemable                          727              0
                                -----------    -----------
                                -----------    -----------
Net loss applicable
 to common stock              $   (202,726)  $   (273,865)
                                ===========    ===========
                                ===========    ===========
Basic and diluted
 loss per share               $      (0.69)  $      (1.07)
                                ===========    ===========
                                ===========    ===========
Weighted average
 common shares
 outstanding                   294,453,454    255,027,543
                               ===========    ===========
                               ===========    ===========
             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
            UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
               (DOLLARS IN THOUSANDS, EXCEPT SHARE DATA)
                                      Six Months Ended
                                          June 30,
                            -------------------------------------
                            -------------------------------------
                                  Actual         Actual
                                   2002           2001      % Change
                            --------------     ----------  -----------
                            --------------     ----------  -----------
REVENUES:
   Analog video               $  1,531,537   $  1,316,080
   Digital video                   221,273        123,239
   Cable modem                     150,671         58,016
   Advertising sales               149,893        120,155
   Other                           183,373        184,783
                            --------------     ----------
                            --------------     ----------
      Total revenues             2,236,747      1,802,273       24.1%
                            --------------     ----------
                            --------------     ----------
OPERATING EXPENSES:
   Analog video
    programming                    527,587        422,213
   Digital video                    75,954         44,690
   Cable modem                      73,921         38,086
   Advertising sales                40,628         28,930
   Service                         104,583         86,034
   General and
    administrative                 387,832        303,382
   Marketing                        43,861         35,241
   Corporate expenses               32,091         27,715
                            --------------     ----------
                            --------------     ----------
      Operating
       expenses                  1,286,457        986,291       30.4%
                            --------------     ----------
                            --------------     ----------
      Operating
       cash flow                   950,290        815,982       16.5%
Depreciation and
 amortization                      979,137      1,416,847
Option compensation
 expense                             1,353         10,888
Interest, net                      736,555        625,650
Other, net                          36,231         83,908
                            --------------     ----------
                            --------------     ----------
                                 1,753,276      2,137,293
                            --------------     ----------
                            --------------     ----------
Loss before
 minority interest                (802,986)    (1,321,311)
Minority interest                  426,820        766,746
                            --------------     ----------
                            --------------     ----------
Net loss                          (376,166)      (554,565)
Dividends of
 preferred stock
 - redeemable                        1,454              0
                            --------------     ----------
                            --------------     ----------
Net loss applicable
 to common stock              $   (377,620)  $   (554,565)
                            ==============     ==========
                            ==============     ==========
Basic and diluted
 loss per share               $      (1.28)  $      (2.27)
                            ==============     ==========
                            ==============     ==========
Weighted average
 common shares
 outstanding                   294,424,366    244,461,311
                            ==============     ==========
                            ==============     ==========
             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
                 UNAUDITED CONSOLIDATED BALANCE SHEETS
                        (DOLLARS IN THOUSANDS)
                                         Actual            Actual
                                        June 30,        December 31,
                                          2002              2001
                                      ------------      ------------
                                      ------------      ------------
                              ASSETS
CURRENT ASSETS:
   Cash and cash
    equivalents                      $      6,552     $       1,679
   Accounts receivable,
    net of allowance
    for doubtful
    accounts                              231,066           290,504
   Receivables from
    related party                           6,782             4,634
   Prepaid expenses and
    other current assets                   69,262            70,362
                                      ------------      ------------
                                      ------------      ------------
         Total current
          assets                          313,662           367,179
                                      ------------      ------------
                                      ------------      ------------
INVESTMENT IN
 CABLE PROPERTIES:
   Property, plant and
    equipment, net                      7,313,082         7,149,483
   Franchises, net                     17,175,085        17,138,774
                                      ------------      ------------
                                      ------------      ------------
         Total investment in
          cable properties,
          net                          24,488,167        24,288,257
                                      ------------      ------------
                                      ------------      ------------
OTHER ASSETS                              373,037           306,388
                                      ------------      ------------
                                      ------------      ------------
        Total assets                 $ 25,174,866     $  24,961,824
                                      ============      ============
                                      ============      ============
                LIABILITIES AND
                 SHAREHOLDERS'
                 EQUITY
CURRENT LIABILITIES:
   Accounts payable
    and accrued expenses             $  1,160,712     $   1,374,994
                                      ------------      ------------
                                      ------------      ------------
         Total current
          liabilities                   1,160,712         1,374,994
                                      ------------      ------------
                                      ------------      ------------
LONG-TERM DEBT                         17,572,357        16,342,873
DEFERRED MANAGEMENT FEES -
 RELATED PARTY                             13,751            13,751
OTHER LONG-TERM LIABILITIES               373,650           341,057
MINORITY INTEREST                       3,523,913         3,976,791
PREFERRED STOCK - REDEEMABLE               50,566            50,566
SHAREHOLDERS' EQUITY                    2,479,917         2,861,792
                                      ------------      ------------
                                      ------------      ------------
          Total liabilities
           and shareholders'
           equity                    $ 25,174,866     $  24,961,824
                                      ============      ============
                                      ============      ============
             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
            UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOW
                        (DOLLARS IN THOUSANDS)
                                                Six Months Ended
                                                    June 30,
                                           ------------------------
                                           2002                2001
                                           ----                ----
CASH FLOWS FROM
 OPERATING ACTIVITIES:
   Net loss                      $      (376,166)     $     (554,565)
   Adjustments to
    reconcile net
    loss to net
    cash flows from
    operating activities:
      Minority interest                 (426,820)           (766,746)
      Depreciation and
       amortization                      979,137           1,416,847
      Option compensation expense          1,353              10,888
      Noncash interest expense           192,200             127,375
      Loss on equity investments           1,547              36,094
      Loss on derivative
       instruments and hedging
      et cash flows
           from financing
           activities                  1,026,269           3,540,809
                                      -----------         -----------
NET INCREASE IN CASH
 AND CASH EQUIVALENTS                      4,873             442,031
CASH AND CASH EQUIVALENTS,
 beginning of period                       1,679             130,702
                                      -----------         -----------
CASH AND CASH EQUIVALENTS,
 end of period                   $         6,552      $      572,733
                                   ==============      ==============
                                   ==============      ==============
CASH PAID FOR INTEREST           $       532,921      $      445,521
                                   ==============      ==============
                                   ==============      ==============
NONCASH TRANSACTIONS:
   Reclassification of
    redeemable securities
    to equity and minority
    interest                     $             0      $    1,104,327
                                   ==============     ===============
                                   ==============     ===============
   Exchange of cable
    system for acquisition       $             0      $       24,440
                                   ==============     ===============
                                   ==============     ===============
             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
            UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
                        (DOLLARS IN THOUSANDS)
                                           Three Months Ended
                                                June 30,
                                        ------------------------
                                        ------------------------
                                   Actual       Pro Forma
                                    2002        2001 (a)    % Change
                                  ----------    ----------  ---------
                                  ----------    ----------  ---------
REVENUES:
   Analog video                 $   776,915   $   730,430
   Digital video                    117,560        72,166
   Cable modem                       83,410        35,542
   Advertising sales                 90,352        80,015
   Other                             90,176        95,327
                                  ----------    ----------
                                  ----------    ----------
      Total revenues              1,158,413     1,013,480      14.3%
                                  ----------    ----------
                                  ----------    ----------
OPERATING EXPENSES:
   Analog video programming         265,947       237,210
   Digital video                     40,827        22,212
   Cable modem                       39,013        35,308
   Advertising sales                 21,435        15,654
   Service                           53,377        48,650
   General and administrative       194,973       172,488
   Marketing                         25,088        22,976
   Corporate expenses                16,660        18,543
                                  ----------    ----------
                                  ----------    ----------
      Operating expenses            657,320       573,041      14.7%
                                  ----------    ----------
                                  ----------    ----------
      Operating cash flow (b)   $   501,093   $   440,439      13.8%
                                  ==========    ==========
                                  ==========    ==========
                                             Six Months Ended
                                                June 30,
                                       --------------------------
                                       --------------------------
                                   Actual       Pro Forma
                                    2002         2001 (a)    % Change
                                 -----------    -----------  ---------
                                 -----------    -----------  ---------
REVENUES:
   Analog video                 $ 1,531,537   $ 1,443,558
   Digital video                    221,273       130,962
   Cable modem                      150,671        62,271
   Advertising sales                149,893       140,480
   Other                            183,373       189,290
                                 -----------   -----------
                                 -----------   -----------
      Total revenues              2,236,747     1,966,561      13.7%
                                 -----------   -----------
                                 -----------   -----------
OPERATING EXPENSES:
   Analog video programming         527,587       471,661
   Digital video                     75,954        40,075
   Cable modem                       73,921        58,971
   Advertising sales                 40,628        33,083
   Service                          104,583        91,552
   General and administrative       387,832       342,121
   Marketing                         43,861        44,486
   Corporate expenses                32,091        37,269
                                 -----------   -----------
                                 -----------   -----------
      Operating expenses          1,286,457     1,119,218      14.9%
                                 -----------   -----------
                                 -----------   -----------
      Operating cash flow (b)   $   950,290   $   847,343      12.1%
                                 ===========   ===========
                                 ===========   ===========
	   (a) The pro forma results reflect all significant acquisitions and
dispositions closed during 2002 and 2001 as if the transactions closed
on January 1, 2001. Pro forma revenues exceed actual revenues for the
three and six months ended June 30, 2001 by $85.0 million and $164.3
million, respectively. Pro forma operating cash flow (OCF) exceeds
actual OCF for three and six months ended June 30, 2001 by $12.4
million and $31.4 million, respectively. The unaudited pro forma
financial information has been presented for comparative purposes and
does not purport to be indicative of the consolidated results of
operations had these transactions been completed as of the assumed
date or which may be obtained in the future. See page 1 of 7 and page
2 of 7 of this addendum to the earnings release for a comparison of
actual operating results.
	   (b) Information concerning OCF has been included as it is used by
certain investors as one measure of financial performance. OCF is not
a measure of financial performance under accounting principles
generally accepted in the United States and is not necessarily
comparable to similarly titled measures used by other companies. OCF
should not be construed as an alternative to operating income or to
cash flows from operating activities as determined in accordance with
accounting principles generally accepted in the United States.
             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
         UNAUDITED COMPARATIVE QUARTERLY OPERATING STATISTICS
                        (DOLLARS IN THOUSANDS)
                      Three Months Ended         Six Months Ended
                           June 30,                  June 30,
                      ------------------         ----------------
                      2002      2001              2002       2001
                      ----      ----              ----       ----
Pro Forma
 Operating
 Cash Flow
 Margin (a)          43.3%       43.5%            42.5%       43.1%
Capital
 Expenditures   $ 642,603    $837,737       $1,113,902  $1,362,260
Pro Forma
 Operating
 Cash Flow
 per Pro
 Forma Basic
 Customer (a)(b)$   73.87    $  63.19       $   140.08  $   121.57
Capital
 Expenditures
 per Basic
 Customer (c)   $   94.72    $ 131.14       $   164.20  $   213.24
                     Three Months Ended             Six Months Ended
                          June 30,                      June 30,
                     ------------------            -----------------
                     2002      2001                2002        2001
                     ----      ----                ----        ----
Free Cash
 Flow
 Calculation
Historical
 Operating
 Cash Flow      $ 501,093   $ 428,054       $  950,290  $  815,982
Less: Capital
 Expenditures    (642,603)   (837,737)      (1,113,902) (1,362,260)
Operating Free
 Cash Flow (d)   (141,510)   (409,683)        (163,612)   (546,278)
Less: Cash
 Change in
 Working
 Capital (e)       73,118       4,852         (185,960)   (332,225)
Less: Cash
 Paid for
 Interest        (389,871)   (279,317)        (532,921)   (445,521)
Free Cash
 Flow (d)       $(458,263)  $(684,148)     $  (882,493)$(1,324,024)
                ==========    =========    ===========  ============
                ==========    =========    ===========  ============
	   (a) Refer to footnote (a) on page 5 of 7 of this addendum to the
earnings release for details related to the nature of the pro forma
information provided.
	   (b) Pro forma operating cash flow per pro forma basic customer is
calculated by dividing pro forma operating cash flow during the
respective period by pro forma basic customers as of the end of the
period.
	   (c) Capital expenditures per basic customer represent capital
expenditures during the respective period divided by basic customers
as of the end of the period. The capital expenditures and basic
customer number for June 30, 2001 does not include the systems
acquired from AT&T Broadband on June 30, 2001.
	   (d) Operating free cash flow and free cash flow are not measures
of performance calculated in accordance with accounting principles
generally accepted in the United States. However, we believe that
operating free cash flow and free cash flow are useful in evaluating
our performance based on liquidity, operating performance and
leverage. Operating free cash flow and free cash flow should not be
construed as alternatives to operating income as an indicator of our
performance and may not be comparable to similarly titled measures
used by other companies.
	   (e) Cash change in working capital is calculated based on the cash
flow changes in current assets and current liabilities during the
respective period, excluding changes related to interest.
             CHARTER COMMUNICATIONS, INC AND SUBSIDIARIES
               UNAUDITED SUMMARY OF OPERATING STATISTICS
                       Actual           Pro Forma         Pro Forma
                    -------------     --------------     -------------
                    -------------     --------------     -------------
                      June 30,        December 31,         June 30,
                        2002            2001 (a)           2001 (a)
                    -------------     --------------     -------------
                    -------------     --------------     -------------
Basic Analog
 Video
  Basic Homes
   Passed (b)         11,800,700         11,502,300        11,481,500
  Basic
   Customers (c)       6,783,900          6,953,700         6,969,900
  Penetration of
   Basic Homes
   Passed (d)               57.5%              60.5%             60.7%
  Average
   Monthly
   Revenue
   (for the
   quarter ended)
   per Basic
   Customer (as
   of quarter
   end)               $    56.92    $         53.07    $        48.47
Digital Video
  Digital Homes
   Passed (b)         11,222,500         10,638,300        10,042,500
  Digital
   Customers (e)       2,380,500          2,144,800         1,701,500
  Penetration of
   Digital Homes
   Passed (d)               21.2%              20.2%             16.9%
  Penetration of
   Basic
   Customers (f)            35.1%              30.8%             24.4%
  Digital
   Converters
   Deployed            3,305,300          2,951,400         2,100,400
Data Services
  Cable Modem
   Homes Passed
   (b)                 8,795,200          7,560,600         6,399,000
  Data
   Customers:
    Cable Modem
     Customers
     (g)                 905,500            607,700           405,400
    Dial-up
     Customers            18,600             37,100            40,300
                    -------------     --------------     -------------
                    -------------     --------------     -------------
      Total Data
       Customers         924,100            644,800           445,700
                    =============     ==============     =============
                    =============     ==============     =============
  Penetration of
   Cable Modem
   Homes Passed
   (d)                      10.3%               8.0%              6.3%
Revenue
 Generating
 Units
  Basic
   Customers (c)       6,783,900          6,953,700         6,969,900
  New Services
   (Digital
   Video and
   Cable Modem
   Customers)
   (e) (g)             3,286,000          2,752,500         2,106,900
                    -------------     --------------     -------------
                    -------------     --------------     -------------
      Total
       Revenue
       Generating
       Units          10,069,900          9,706,200         9,076,800
                    =============     ==============     =============
                    =============     ==============     =============
	   (a) The pro forma statistics reflect all significant acquisitions
and dispositions closed during 2002 and 2001 as if such transactions
had occurred on January 1, 2001.
	   (b) Homes passed represent the number of living units, such as
single residence homes, apartments and condominium units, passed by
the cable television distribution network in a given cable system
service area to which we offer the service indicated.
	   (c) As of June 30, 2002 and 2001, basic customers include: 1)
approximately 43,800 and 18,000 (0.6% and 0.3% of total customers),
respectively, customers who pay an additional $10 per month over the
standard modem retail rate and are entitled to receive "lifeline
basic" service as a result of their purchase of cable modem service
and 2) approximately 217,800 and 218,500, respectively, commercial
customers who are calculated on an equivalent bulk unit ("EBU") basis.
EBU is calculated by dividing the bulk rate charged to respective
accounts by the most prevalent rate charged in each system for the
comparable tier of service to determine the equivalent customers. The
EBU method of calculating basic customers is consistent with the
methodology used in determining costs paid to programmers and has been
consistently applied.
	   (d) Penetration represents the number of customers as a percentage
of homes passed.
	   (e) Digital customers include all households that have one or more
digital converter boxes. Included in digital customers at June 30,
2002 and 2001 are 11,900 and 0, respectively, customers that receive
digital service directly through satellite transmission.
	   (f) Penetration of basic customers represents the number of
digital customers as a percentage of basic customers.
	   (g) As of June 30, 2002 and 2001, cable modem customers include
approximately 75,300 and 28,000, respectively, commercial customers
who are calculated on an equivalent modem unit ("EMU") basis. EMU is
calculated by dividing commercial revenue by the average effective
rate charged in each system for modem services to determine the
equivalent customers. We have utilized this methodology since 1999, as
it conforms to the internal practices followed for operating and
capital expenditure budgeting.
CONTACT:          Charter Communications Inc., St. Louis
                  Media: Andy Morgan, 314/543-2217
                  amorgan@chartercom.com
                  or
                  Equity Analysts: Mary Jo Moehle, 314/543-2397
                  mmoehle@chartercom.com
                  or
                  High Yield Analysts: Ralph Kelly, 314/543-2388
                  rkelly@chartercom.com

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