9.2 million basic video customers, as of June 30, 2000. In addition, as of this same date, United's telephony business represented more than 481,700 telephony access lines, approximately 261,800 high-speed Internet access subscribers, and more than 11.4 million programming subscribers.

Through their state-of-the-art broadband networks they are providing today the full range of video, telephony, Internet/Data, and programming services to both the home consumer and business customer that cable television companies in the United States plan to deliver in the future.

United's three significant operating subsidiaries include: United Pan-Europe Communications, N.V. ("UPC" - 51% owned), the largest pan-European broadband communications company; Austar United Communications Limited ("Austar United" - 72% owned), the fastest growing satellite, cable television and telecommunications provider in Australia and New Zealand; and VTR Global Com, S.A. ("VTR" - 100% owned), the largest cable television and competitive telephony provider in Chile.

Utilizing their established and growing customer base of over 9.2 million basic video subscribers worldwide as a foundation, United is uniquely positioned to achieve their primary goal of capitalizing on the opportunity to increase revenue and cash flow through the continued rollout of new broadband services such as tiered programming, Pay-Per-View, as well as telephony and Internet/Data services.