UCOMA Unitedglobalcom (MM)

UGC Announces Record Customer Growth for Fourth Quarter and Fiscal Year End 2004 DENVER, Feb. 15 /PRNewswire-FirstCall/ -- UnitedGlobalCom, Inc. ("UGC") (NASDAQ:UCOMA) today announced subscriber operating results for the fourth quarter and fiscal year end 2004. * Excluding the impact of acquisitions, UGC added 254,200 net new Revenue Generating Units (RGUs) during the fourth quarter, up 72% from the same period last year on an organic basis. * Together with the 298,600 RGU additions during the first nine months of 2004 (which also excludes acquisitions), UGC added a total of 552,800 RGUs for the full year 2004, an increase of 75% over 2003 results on an organic basis. Total RGUs at December 31, 2004 were 11.64 million, compared to 9.14 million at the end of 2003, and include the organic growth above as well as the results of Noos, acquired in July 2004, and three additional acquisitions that closed in the fourth quarter. Together, these acquired operations added 1.95 million RGUs to the December 31, 2004 total. A detailed table of subscriber statistics at December 31, 2004 will be included in our upcoming press release regarding UGC's fourth quarter and full year 2004 financial results. Mike Fries, President and Chief Executive Officer of UGC, said, "We had a very strong fourth quarter and have comfortably exceeded our public guidance target for full year subscriber growth. Several factors contributed to this performance, including continued high demand for our broadband Internet access products, stronger than expected sales of our digital video offerings in France, and the early success of our new Voice over IP (VoIP) services in The Netherlands and Hungary." "In addition, the strong momentum that we generated in the fourth quarter of last year has carried over into early 2005. We expect that continued new product launches, in particular the expansion of VoIP services across Europe, should help deliver meaningfully higher subscriber growth this year compared to 2004." About UnitedGlobalCom UGC is a leading international provider of video, voice, and broadband Internet services with operations in 16 countries, including 13 countries in Europe. Based on the Company's operating statistics at December 31, 2004, UGC's networks reached approximately 16.0 million homes passed and served over 11.6 million RGUs, including approximately 9.4 million video subscribers, 1.4 million broadband Internet subscribers, and 803,500 telephone subscribers. Forward-Looking Statements: Except for historical information contained herein, this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the implied continuation of historic trends and anticipated subscriber growth in 2005. These forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These forward-looking statements speak only as of the date of this release. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please visit http://www.unitedglobal.com/ for further information or contact: Richard S.L. Abbott Claire Appleby Investor Relations -- UGC Investor Relations -- UGC Europe (303) 220-6682 +44 20 7 838 2004 Email: Email: Bert Holtkamp Corporate Communications -- UGC Europe + 31 (0) 20 778 9447 DATASOURCE: UnitedGlobalCom, Inc. CONTACT: Richard S.L. Abbott, Investor Relations of UGC, +1-303-220-6682, , or Claire Appleby, Investor Relations of UGC Europe, +44 20 7 838 2004, , or Bert Holtkamp, Corporate Communications of UGC Europe, + 31 (0) 20 778 9447, Web site: http://www.unitedglobal.com/

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