----

| ·   | Consolidated revenue of $177.7 million |
|--------------------|----------------------------------------|

| ·   | Adjusted EBITDA of $63.1 million |
|--------------------|----------------------------------|

| ·   | Net income of $7.2 million or $0.15 per diluted share |
|--------------------|-------------------------------------------------------|

| ·   | GCI has substantially completed construction on TERRA-Southwest (TERRA-SW), its project to extend terrestrial broadband service to Bristol Bay and the Yukon-Kuskokwim Delta. The $88 million project will provide terrestrial broadband to 65 communities in Southwest Alaska for the first time. GCI will begin to cut over customers to terrestrial from satellite service before the end of the year 2011. TERRA-SW was originally scheduled to be completed by the end of 2013. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | GCI repurchased 1,919,900 shares of its Class A common stock in the third quarter of 2011 at an average price per share of $9.32. GCI is authorized to repurchase $114.4 million of its common equity depending on company performance, market conditions, and liquidity and subject to board oversight. At the end of the third quarter of 2011 GCI had approximately 43.9 million shares outstanding. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Managed broadband revenues increased $3.9 million or 28.5 percent over the third quarter of 2010 and increased $2.8 million or 18.9 percent over the second quarter of 2011. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI is the second largest wireless provider in Alaska with 140,700 wireless subscribers at the end of the quarter. GCI launched 4G service in Anchorage in September and will upgrade service in the next ten largest communities to 3G service before the end of the year. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI entered into an arrangement under the New Markets Tax Credit (NMTC) program with US Bancorp to help fund a $34.5 million project to extend terrestrial broadband service to communities in Northwest Alaska. This project is called TERRA-Northwest (TERRA-NW) and will complement the TERRA-SW project. The NMTC program was provided for in the Community Renewal Tax Relief Act of 2000 (the Act) to induce capital investment in qualified low income communities. The Act permits taxpayers to claim credits against their federal income taxes of up to 39 percent of qualified investments. The NMTC program will provide $16.5 million of the total project. The Regulatory Commission of Alaska will provide another $5.3 million in grants for the project. GCI will provide the remaining $12.7 million to complete the project. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | On October 27, 2011 the FCC adopted an order that is expected to reform the methodology for distributing Universal Service Fund (“USF”) high cost support for voice and broadband services, as well as the system by which carriers compensate each other for terminating traffic. These changes are likely to alter how GCI will be compensated for providing services in the state. Putting aside any potential impact from the order, GCI expects to record approximately $54 million of USF high cost support revenue in 2011. Although the detailed order has not yet been released, GCI expects that high cost support for markets defined as urban will be subject to a five year transitional phase out beginning July 1, 2012. GCI anticipates that changes to the Universal Service Fund program will reduce high cost support revenue by approximately $5 million per year in both 2012 and 2013. Once the order has been released and fully analyzed, GCI will re-evaluate its on-going program of reinvestment in light of the potential impact of the regulatory changes on free cash flow. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI had 139,200 access lines at the end of the third quarter of 2011, representing an estimated 36 percent share of the total access line market in Alaska. Access lines decreased by 3,200 lines from the second quarter of 2011. The line decreases were primarily consumer access lines. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI’s facilities-based access lines totaled 109,700, representing 78.8 percent of its total access lines at the end of the third quarter of 2011. Reported facilities based access lines decreased 2,600 lines from the second quarter of 2011. The decrease in facilities based access lines were primarily consumer access lines. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI had 117,900 consumer and commercial cable modem customers at the end of the third quarter of 2011, an increase of 1,500 over the 116,400 cable modem customers at the end of the second quarter 2011. Average monthly revenue per cable modem for the third quarter of 2011 was $57.43, an increase of 13.5 percent over the $50.61 figure posted for the prior year and 6.6 percent from the $53.85 figure posted for the second quarter of 2011. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                         |
|----------------------------------------------------------------------|
| CONSOLIDATED BALANCE SHEETS                                          |
| (Unaudited)                                                          |
|                                                                 |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   |   |
| (Amounts in thousands)                                               |   |   |   |   |   |   |
|                                                                 |   | September 30, |   |   | December 31, |   |
| Assets                                                               |   | 2011 |   |   | 2010 |   |
|                                                                 |   |   |   |   |   |   |
| Current assets:                                                      |   |   |   |   |   |   |
|   Cash and cash equivalents                                |   | $ | 34,634 |   |   |   | 33,070 |   |
|                                                                 |   |   |   |   |   |   |   |   |
|   Receivables                                              |   |   | 168,840 |   |   |   | 132,856 |   |
|   Less allowance for doubtful receivables                  |   |   | 6,273 |   |   |   | 9,189 |   |
|      Net receivables                        |   |   | 162,567 |   |   |   | 123,667 |   |
|                                                                 |   |   |   |   |   |   |   |   |
|   Deferred income taxes                                    |   |   | 10,145 |   |   |   | 10,145 |   |
|   Prepaid expenses                                         |   |   | 8,434 |   |   |   | 5,950 |   |
|   Inventories                                              |   |   | 7,949 |   |   |   | 5,804 |   |
|   Other current assets                                     |   |   | 3,658 |   |   |   | 3,940 |   |
|        Total current assets       |   |   | 227,387 |   |   |   | 182,576 |   |
|                                                                 |   |   |   |   |   |   |   |   |
| Property and equipment in service, net of depreciation               |   |   | 762,170 |   |   |   | 798,278 |   |
| Construction in progress                                             |   |   | 108,692 |   |   |   | 31,144 |   |
|        Net property and equipment |   |   | 870,862 |   |   |   | 829,422 |   |
|                                                                 |   |   |   |   |   |   |   |   |
| Cable certificates                                                   |   |   | 191,635 |   |   |   | 191,635 |   |
| Goodwill                                                             |   |   | 73,932 |   |   |   | 73,932 |   |
| Wireless licenses                                                    |   |   | 25,967 |   |   |   | 25,967 |   |
| Restricted cash                                                      |   |   | 16,546 |   |   |   | - |   |
| Other intangible assets, net of amortization                         |   |   | 16,549 |   |   |   | 17,717 |   |
| Deferred loan and senior notes costs, net of amortization            |   |   | 13,223 |   |   |   | 13,661 |   |
| Other assets                                                         |   |   | 15,271 |   |   |   | 16,850 |   |
|     Total other assets                           |   |   | 353,123 |   |   |   | 339,762 |   |
|        Total assets               |   | $ | 1,451,372 |   |   |   | 1,351,760 |   |
|                                                                 |   |   |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   | (Continued) |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                             |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| CONSOLIDATED BALANCE SHEETS                                                                                                                                                                                                                                                                                                                              |
| (Unaudited)                                                                                                                                                                                                                                                                                                                                              |
| (Continued)                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
| (Amounts in thousands)                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                     |   | September 30, |   |   | December 31, |   |
| Liabilities and Stockholders' Equity                                                                                                                                                                                                                                                                                                                     |   | 2011 |   |   | 2010 |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
| Current liabilities:                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |
|   Current maturities of obligations under long-term debt and capital leases                                                                                                                                                                                                                                                                    |   | $ | 8,042 |   |   |   | 7,652 |   |
|   Accounts payable                                                                                                                                                                                                                                                                                                                             |   |   | 49,726 |   |   |   | 35,589 |   |
|   Deferred revenue                                                                                                                                                                                                                                                                                                                             |   |   | 18,583 |   |   |   | 17,296 |   |
|   Accrued payroll and payroll related obligations                                                                                                                                                                                                                                                                                              |   |   | 20,313 |   |   |   | 22,132 |   |
|   Accrued interest                                                                                                                                                                                                                                                                                                                             |   |   | 21,969 |   |   |   | 13,456 |   |
|   Accrued liabilities                                                                                                                                                                                                                                                                                                                          |   |   | 11,370 |   |   |   | 12,557 |   |
|   Subscriber deposits                                                                                                                                                                                                                                                                                                                          |   |   | 1,304 |   |   |   | 1,271 |   |
|      Total current liabilities                                                                                                                                                                                                                                                                                                  |   |   | 131,307 |   |   |   | 109,953 |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Long-term debt, net                                                                                                                                                                                                                                                                                                                                      |   |   | 852,374 |   |   |   | 779,201 |   |
| Obligations under capital leases, excluding current maturities                                                                                                                                                                                                                                                                                           |   |   | 80,031 |   |   |   | 84,144 |   |
| Obligation under capital lease due to related party                                                                                                                                                                                                                                                                                                      |   |   | 1,893 |   |   |   | 1,885 |   |
| Deferred income taxes                                                                                                                                                                                                                                                                                                                                    |   |   | 109,804 |   |   |   | 102,401 |   |
| Long-term deferred revenue                                                                                                                                                                                                                                                                                                                               |   |   | 63,914 |   |   |   | 49,175 |   |
| Other liabilities                                                                                                                                                                                                                                                                                                                                        |   |   | 22,433 |   |   |   | 24,495 |   |
|        Total liabilities                                                                                                                                                                                                                                                                                              |   |   | 1,261,756 |   |   |   | 1,151,254 |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
| Commitments and contingencies                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |
| Stockholders’ equity:                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |
|   Common stock (no par):                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |
|    Class A. Authorized 100,000 shares; issued 40,966 and 44,213 shares at      September 30, 2011 and December 31, 2010, respectively; outstanding      40,712 and 43,958 shares at September 30, 2011 and December 31,      2010, respectively |   |   | 31,535 |   |   |   | 69,396 |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
|     Class B. Authorized 10,000 shares; issued and outstanding 3,172 and      3,178 shares at September 30, 2011 and December 31, 2010,      respectively; convertible on a share-per-share basis into Class A      common stock            |   |   | 2,680 |   |   |   | 2,677 |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
|     Less cost of 254 and 255 Class A common shares held in      treasury at September 30, 2011 and December 31, 2010, respectively                                                                                                                                                                     |   |   | (2,240 |   |   |   | (2,249 | ) |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
|   Paid-in capital                                                                                                                                                                                                                                                                                                                              |   |   | 40,750 |   |   |   | 37,075 |   |
|   Retained earnings                                                                                                                                                                                                                                                                                                                            |   |   | 100,345 |   |   |   | 93,607 |   |
|        Total General Communication, Inc. stockholders' equity                                                                                                                                                                                                                                                         |   |   | 173,070 |   |   |   | 200,506 |   |
|   Noncontrolling interest                                                                                                                                                                                                                                                                                                                      |   |   | 16,546 |   |   |   | - |   |
|        Total stockholders' equity                                                                                                                                                                                                                                                                                     |   |   | 189,616 |   |   |   | 200,506 |   |
|                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |
|        Total liabilities and stockholders' equity                                                                                                                                                                                                                                                                     |   | $ | 1,451,372 |   |   |   | 1,351,760 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                      |
|---------------------------------------------------------------------------------------------------|
| CONSOLIDATED INCOME STATEMENTS                                                                    |
| (Unaudited)                                                                                       |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                              |   | Three Months Ended |   |   | Nine Months Ended |   |
|                                                                                              |   | September 30, |   |   | September 30, |   |
| (Amounts in thousands, except per share amounts)                                                  |   | 2011 |   |   | 2010 |   |   | 2011 |   |   | 2010 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenues                                                                                          |   | $ | 177,703 |   |   |   | 171,509 |   |   |   | 510,569 |   |   |   | 486,254 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold (exclusive of depreciation and amortization shown  separately below) |   |   | 60,664 |   |   |   | 52,486 |   |   |   | 171,734 |   |   |   | 153,147 |   |
| Selling, general and administrative expenses                                                      |   |   | 54,453 |   |   |   | 58,532 |   |   |   | 171,043 |   |   |   | 166,493 |   |
| Depreciation and amortization expense                                                             |   |   | 30,702 |   |   |   | 30,288 |   |   |   | 93,054 |   |   |   | 92,234 |   |
|    Operating income                                                                |   |   | 31,884 |   |   |   | 30,203 |   |   |   | 74,738 |   |   |   | 74,380 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other income (expense):                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Interest expense (including amortization of deferred loan fees)                       |   |   | (16,678 | ) |   |   | (17,760 | ) |   |   | (51,424 | ) |   |   | (53,169 | ) |
|   Loss on extinguishment of debt                                                        |   |   | - |   |   |   | - |   |   |   | (9,111 | ) |   |   | - |   |
|   Interest income                                                                       |   |   | 22 |   |   |   | 99 |   |   |   | 30 |   |   |   | 236 |   |
|   Other                                                                                 |   |   | (59 | ) |   |   | - |   |   |   | (92 | ) |   |   | - |   |
|     Other expense, net                                                        |   |   | (16,715 | ) |   |   | (17,661 | ) |   |   | (60,597 | ) |   |   | (52,933 | ) |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Income before income tax expense                                    |   |   | 15,169 |   |   |   | 12,542 |   |   |   | 14,141 |   |   |   | 21,447 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income tax expense                                                                                |   |   | (7,959 | ) |   |   | (4,959 | ) |   |   | (7,403 | ) |   |   | (10,260 | ) |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Net income                                                          |   | $ | 7,210 |   |   |   | 7,583 |   |   |   | 6,738 |   |   |   | 11,187 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic net income per Class A common share                                                         |   | $ | 0.16 |   |   |   | 0.14 |   |   |   | 0.15 |   |   |   | 0.20 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic net income per Class B common share                                                         |   | $ | 0.16 |   |   |   | 0.14 |   |   |   | 0.15 |   |   |   | 0.20 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted net income per Class A common share                                                       |   | $ | 0.15 |   |   |   | 0.14 |   |   |   | 0.13 |   |   |   | 0.20 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted net income per Class B common share                                                       |   | $ | 0.15 |   |   |   | 0.14 |   |   |   | 0.13 |   |   |   | 0.20 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares used to calculate Class A basic EPS                                                 |   |   | 41,768 |   |   |   | 51,496 |   |   |   | 42,940 |   |   |   | 51,521 |   |
|                                                                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares used to calculate Class A diluted EPS                                               |   |   | 45,464 |   |   |   | 54,940 |   |   |   | 46,682 |   |   |   | 54,808 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
|----------------------------------------------|
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   | Third Quarter 2011 |   |   | Third Quarter 2010 |   |
|                                         |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |
|                                         |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                            |   | $ | 13,164 |   |   |   | 6,213 |   |   |   | 7,137 |   |   |   | - |   |   |   | 5,990 |   |   |   | 32,504 |   |   | $ | 14,601 |   |   |   | 8,636 |   |   |   | 8,025 |   |   |   | - |   |   |   | 5,595 |   |   |   | 36,857 |   |
|   Video                            |   |   | 29,155 |   |   |   | - |   |   |   | 2,830 |   |   |   | - |   |   |   | - |   |   |   | 31,985 |   |   |   | 29,720 |   |   |   | - |   |   |   | 2,953 |   |   |   | - |   |   |   | - |   |   |   | 32,673 |   |
|   Data                             |   |   | 18,088 |   |   |   | 17,140 |   |   |   | 23,040 |   |   |   | 17,407 |   |   |   | - |   |   |   | 75,675 |   |   |   | 15,797 |   |   |   | 14,208 |   |   |   | 22,211 |   |   |   | 13,548 |   |   |   | - |   |   |   | 65,764 |   |
|   Wireless                         |   |   | 28,860 |   |   |   | 6,114 |   |   |   | 2,565 |   |   |   | - |   |   |   | - |   |   |   | 37,539 |   |   |   | 28,595 |   |   |   | 5,360 |   |   |   | 2,260 |   |   |   | - |   |   |   | - |   |   |   | 36,215 |   |
|     Total                |   |   | 89,267 |   |   |   | 29,467 |   |   |   | 35,572 |   |   |   | 17,407 |   |   |   | 5,990 |   |   |   | 177,703 |   |   |   | 88,713 |   |   |   | 28,204 |   |   |   | 35,449 |   |   |   | 13,548 |   |   |   | 5,595 |   |   |   | 171,509 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold                           |   |   | 27,436 |   |   |   | 9,531 |   |   |   | 17,232 |   |   |   | 4,540 |   |   |   | 1,925 |   |   |   | 60,664 |   |   |   | 25,374 |   |   |   | 5,547 |   |   |   | 16,731 |   |   |   | 3,545 |   |   |   | 1,289 |   |   |   | 52,486 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution         |   |   | 61,831 |   |   |   | 19,936 |   |   |   | 18,340 |   |   |   | 12,867 |   |   |   | 4,065 |   |   |   | 117,039 |   |   |   | 63,339 |   |   |   | 22,657 |   |   |   | 18,718 |   |   |   | 10,003 |   |   |   | 4,306 |   |   |   | 119,023 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less SG&A                                |   |   | 31,737 |   |   |   | 6,300 |   |   |   | 9,358 |   |   |   | 4,031 |   |   |   | 3,027 |   |   |   | 54,453 |   |   |   | 33,248 |   |   |   | 8,178 |   |   |   | 9,955 |   |   |   | 4,392 |   |   |   | 2,759 |   |   |   | 58,532 |   |
| Less other                                   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 59 |   |   |   | - |   |   |   | 59 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|     EBITDA               |   |   | 30,094 |   |   |   | 13,636 |   |   |   | 8,982 |   |   |   | 8,777 |   |   |   | 1,038 |   |   |   | 62,527 |   |   |   | 30,091 |   |   |   | 14,479 |   |   |   | 8,763 |   |   |   | 5,611 |   |   |   | 1,547 |   |   |   | 60,491 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add share-based  compensation      |   |   | 173 |   |   |   | 56 |   |   |   | 104 |   |   |   | 51 |   |   |   | - |   |   |   | 384 |   |   |   | 1,121 |   |   |   | 549 |   |   |   | 362 |   |   |   | 215 |   |   |   | 3 |   |   |   | 2,250 |   |
| Add accretion                                |   |   | 106 |   |   |   | 37 |   |   |   | 31 |   |   |   | 16 |   |   |   | - |   |   |   | 190 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|     Adjusted EBITDA      |   | $ | 30,373 |   |   |   | 13,729 |   |   |   | 9,117 |   |   |   | 8,844 |   |   |   | 1,038 |   |   |   | 63,101 |   |   | $ | 31,212 |   |   |   | 15,028 |   |   |   | 9,125 |   |   |   | 5,826 |   |   |   | 1,550 |   |   |   | 62,741 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   | Third Quarter 2011 |   |   |   | Second Quarter 2011 |   |   |
|                                         |   |   |   |   |   | Network |   |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |   |   | Network |   |   |   |   |   |   | Managed |   |   | Regulated |   |
|                                         |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                            |   | $ | 13,164 |   |   |   | 6,213 |   |   |   | 7,137 |   |   |   | - |   |   |   | 5,990 |   |   |   | 32,504 |   |   | $ | 13,625 |   |   |   | 5,441 |   |   |   | 7,340 |   |   |   | - |   |   |   | 5,529 |   |   |   | 31,935 |   |
|   Video                            |   |   | 29,155 |   |   |   | - |   |   |   | 2,830 |   |   |   | - |   |   |   | - |   |   |   | 31,985 |   |   |   | 29,546 |   |   |   | - |   |   |   | 2,936 |   |   |   | - |   |   |   | - |   |   |   | 32,482 |   |
|   Data                             |   |   | 18,088 |   |   |   | 17,140 |   |   |   | 23,040 |   |   |   | 17,407 |   |   |   | - |   |   |   | 75,675 |   |   |   | 17,257 |   |   |   | 15,023 |   |   |   | 21,518 |   |   |   | 14,639 |   |   |   | - |   |   |   | 68,437 |   |
|   Wireless                         |   |   | 28,860 |   |   |   | 6,114 |   |   |   | 2,565 |   |   |   | - |   |   |   | - |   |   |   | 37,539 |   |   |   | 28,126 |   |   |   | 4,687 |   |   |   | 2,422 |   |   |   | - |   |   |   | - |   |   |   | 35,235 |   |
|     Total                |   |   | 89,267 |   |   |   | 29,467 |   |   |   | 35,572 |   |   |   | 17,407 |   |   |   | 5,990 |   |   |   | 177,703 |   |   |   | 88,554 |   |   |   | 25,151 |   |   |   | 34,216 |   |   |   | 14,639 |   |   |   | 5,529 |   |   |   | 168,089 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold                           |   |   | 27,436 |   |   |   | 9,531 |   |   |   | 17,232 |   |   |   | 4,540 |   |   |   | 1,925 |   |   |   | 60,664 |   |   |   | 28,011 |   |   |   | 6,576 |   |   |   | 16,932 |   |   |   | 4,580 |   |   |   | 1,215 |   |   |   | 57,314 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution         |   |   | 61,831 |   |   |   | 19,936 |   |   |   | 18,340 |   |   |   | 12,867 |   |   |   | 4,065 |   |   |   | 117,039 |   |   |   | 60,543 |   |   |   | 18,575 |   |   |   | 17,284 |   |   |   | 10,059 |   |   |   | 4,314 |   |   |   | 110,775 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less SG&A                                |   |   | 31,737 |   |   |   | 6,300 |   |   |   | 9,358 |   |   |   | 4,031 |   |   |   | 3,027 |   |   |   | 54,453 |   |   |   | 33,288 |   |   |   | 6,570 |   |   |   | 10,233 |   |   |   | 4,513 |   |   |   | 3,093 |   |   |   | 57,697 |   |
| Less other                                   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 59 |   |   |   | - |   |   |   | 59 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 9 |   |   |   | - |   |   |   | 9 |   |
|     EBITDA               |   |   | 30,094 |   |   |   | 13,636 |   |   |   | 8,982 |   |   |   | 8,777 |   |   |   | 1,038 |   |   |   | 62,527 |   |   |   | 27,255 |   |   |   | 12,005 |   |   |   | 7,051 |   |   |   | 5,537 |   |   |   | 1,221 |   |   |   | 53,069 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add share-based  compensation      |   |   | 173 |   |   |   | 56 |   |   |   | 104 |   |   |   | 51 |   |   |   | - |   |   |   | 384 |   |   |   | 894 |   |   |   | 301 |   |   |   | 319 |   |   |   | 156 |   |   |   | - |   |   |   | 1,670 |   |
| Add accretion                                |   |   | 106 |   |   |   | 37 |   |   |   | 31 |   |   |   | 16 |   |   |   | - |   |   |   | 190 |   |   |   | 109 |   |   |   | 38 |   |   |   | 31 |   |   |   | 16 |   |   |   | - |   |   |   | 194 |   |
|     Adjusted EBITDA      |   | $ | 30,373 |   |   |   | 13,729 |   |   |   | 9,117 |   |   |   | 8,844 |   |   |   | 1,038 |   |   |   | 63,101 |   |   | $ | 28,258 |   |   |   | 12,344 |   |   |   | 7,401 |   |   |   | 5,709 |   |   |   | 1,221 |   |   |   | 54,933 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                         |   | Nine Months Ended September 30, 2011 |   |   |   | Nine Months Ended September 30, 2010 |   |   |
|                                         |   |   |   |   |   | Network |   |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |   |   | Network |   |   |   |   |   |   | Managed |   |   | Regulated |   |
|                                         |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                            |   | $ | 40,541 |   |   |   | 18,124 |   |   |   | 22,050 |   |   |   | - |   |   |   | 16,958 |   |   |   | 97,673 |   |   | $ | 43,711 |   |   |   | 22,471 |   |   |   | 24,316 |   |   |   | - |   |   |   | 17,262 |   |   |   | 107,760 |   |
|   Video                            |   |   | 89,040 |   |   |   | - |   |   |   | 8,606 |   |   |   | - |   |   |   | - |   |   |   | 97,646 |   |   |   | 88,096 |   |   |   | - |   |   |   | 7,909 |   |   |   | - |   |   |   | - |   |   |   | 96,005 |   |
|   Data                             |   |   | 52,046 |   |   |   | 47,135 |   |   |   | 63,653 |   |   |   | 46,041 |   |   |   | - |   |   |   | 208,875 |   |   |   | 44,531 |   |   |   | 46,360 |   |   |   | 56,544 |   |   |   | 36,020 |   |   |   | - |   |   |   | 183,455 |   |
|   Wireless                         |   |   | 84,611 |   |   |   | 14,456 |   |   |   | 7,308 |   |   |   | - |   |   |   | - |   |   |   | 106,375 |   |   |   | 79,892 |   |   |   | 12,668 |   |   |   | 6,474 |   |   |   | - |   |   |   | - |   |   |   | 99,034 |   |
|     Total                |   |   | 266,238 |   |   |   | 79,715 |   |   |   | 101,617 |   |   |   | 46,041 |   |   |   | 16,958 |   |   |   | 510,569 |   |   |   | 256,230 |   |   |   | 81,499 |   |   |   | 95,243 |   |   |   | 36,020 |   |   |   | 17,262 |   |   |   | 486,254 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold                           |   |   | 82,755 |   |   |   | 22,772 |   |   |   | 49,030 |   |   |   | 13,034 |   |   |   | 4,143 |   |   |   | 171,734 |   |   |   | 77,199 |   |   |   | 18,454 |   |   |   | 44,199 |   |   |   | 9,923 |   |   |   | 3,372 |   |   |   | 153,147 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution         |   |   | 183,483 |   |   |   | 56,943 |   |   |   | 52,587 |   |   |   | 33,007 |   |   |   | 12,815 |   |   |   | 338,835 |   |   |   | 179,031 |   |   |   | 63,045 |   |   |   | 51,044 |   |   |   | 26,097 |   |   |   | 13,890 |   |   |   | 333,107 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less SG&A                                |   |   | 98,402 |   |   |   | 19,647 |   |   |   | 30,126 |   |   |   | 13,012 |   |   |   | 9,856 |   |   |   | 171,043 |   |   |   | 92,858 |   |   |   | 23,919 |   |   |   | 28,279 |   |   |   | 12,654 |   |   |   | 8,783 |   |   |   | 166,493 |   |
| Less other                                   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 92 |   |   |   | - |   |   |   | 92 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|     EBITDA               |   |   | 85,081 |   |   |   | 37,296 |   |   |   | 22,461 |   |   |   | 19,903 |   |   |   | 2,959 |   |   |   | 167,700 |   |   |   | 86,173 |   |   |   | 39,126 |   |   |   | 22,765 |   |   |   | 13,443 |   |   |   | 5,107 |   |   |   | 166,614 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add share-based  compensation      |   |   | 1,686 |   |   |   | 569 |   |   |   | 646 |   |   |   | 323 |   |   |   | - |   |   |   | 3,224 |   |   |   | 2,329 |   |   |   | 1,119 |   |   |   | 785 |   |   |   | 460 |   |   |   | 3 |   |   |   | 4,696 |   |
| Add accretion                                |   |   | 257 |   |   |   | 88 |   |   |   | 73 |   |   |   | 38 |   |   |   | - |   |   |   | 456 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Less other                                   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (82 | ) |   |   | (39 | ) |   |   | (24 | ) |   |   | (15 | ) |   |   | - |   |   |   | (160 | ) |
|     Adjusted EBITDA      |   | $ | 87,024 |   |   |   | 37,953 |   |   |   | 23,180 |   |   |   | 20,264 |   |   |   | 2,959 |   |   |   | 171,380 |   |   | $ | 88,420 |   |   |   | 40,206 |   |   |   | 23,526 |   |   |   | 13,888 |   |   |   | 5,110 |   |   |   | 171,150 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES           |
|--------------------------------------------------------|
| KEY PERFORMANCE INDICATORS                             |
| (Unaudited)                                            |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                   |   |   |   |   |   |   |   |   |   |   | September 30, 2011 |   |   | September 30, 2011 |   |
|                                                   |   |   |   |   |   |   |   |   |   |   | as compared to |   |   | as compared to |   |
|                                                   |   | September 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |
|                                                   |   | 2011 |   |   | 2010 |   |   | 2011 |   |   | 2010 |   |   | 2011 |   |   | 2010 |   |   | 2011 |   |
| Consumer                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance subscribers                              |   |   | 81,700 |   |   |   | 89,000 |   |   |   | 84,600 |   |   |   | (7,300 | ) |   |   | (2,900 | ) |   |   | -8.2 | % |   |   | -3.4 | % |
| Total local access lines in service                    |   |   | 79,100 |   |   |   | 84,700 |   |   |   | 82,300 |   |   |   | (5,600 | ) |   |   | (3,200 | ) |   |   | -6.6 | % |   |   | -3.9 | % |
| Local access lines in service on GCI facilities        |   |   | 73,200 |   |   |   | 77,100 |   |   |   | 75,900 |   |   |   | (3,900 | ) |   |   | (2,700 | ) |   |   | -5.1 | % |   |   | -3.6 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic subscribers                                      |   |   | 126,400 |   |   |   | 130,500 |   |   |   | 126,900 |   |   |   | (4,100 | ) |   |   | (500 | ) |   |   | -3.1 | % |   |   | -0.4 | % |
| Digital programming tier subscribers                   |   |   | 76,700 |   |   |   | 80,600 |   |   |   | 77,400 |   |   |   | (3,900 | ) |   |   | (700 | ) |   |   | -4.8 | % |   |   | -0.9 | % |
| HD/DVR converter boxes                                 |   |   | 87,400 |   |   |   | 87,500 |   |   |   | 87,700 |   |   |   | (100 | ) |   |   | (300 | ) |   |   | -0.1 | % |   |   | -0.3 | % |
| Homes passed                                           |   |   | 239,800 |   |   |   | 234,900 |   |   |   | 239,000 |   |   |   | 4,900 |   |   |   | 800 |   |   |   | 2.1 | % |   |   | 0.3 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cable modem subscribers                                |   |   | 106,800 |   |   |   | 104,400 |   |   |   | 105,400 |   |   |   | 2,400 |   |   |   | 1,400 |   |   |   | 2.3 | % |   |   | 1.3 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless lines in service                              |   |   | 125,800 |   |   |   | 122,900 |   |   |   | 126,400 |   |   |   | 2,900 |   |   |   | (600 | ) |   |   | 2.4 | % |   |   | -0.5 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Network Access Services                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data:                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total ISP access lines in service                      |   |   | 1,600 |   |   |   | 1,700 |   |   |   | 1,600 |   |   |   | (100 | ) |   |   | - |   |   |   | -5.9 | % |   |   | 0.0 | % |
| Total ISP access lines in service on GCI facilities    |   |   | 1,400 |   |   |   | 1,300 |   |   |   | 1,400 |   |   |   | 100 |   |   |   | - |   |   |   | 7.7 | % |   |   | 0.0 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice:                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance subscribers                              |   |   | 8,600 |   |   |   | 9,300 |   |   |   | 9,100 |   |   |   | (700 | ) |   |   | (500 | ) |   |   | -7.5 | % |   |   | -5.5 | % |
| Total local access lines in service                    |   |   | 49,200 |   |   |   | 48,100 |   |   |   | 49,100 |   |   |   | 1,100 |   |   |   | 100 |   |   |   | 2.3 | % |   |   | 0.2 | % |
| Local access lines in service on GCI facilities        |   |   | 25,800 |   |   |   | 20,900 |   |   |   | 25,600 |   |   |   | 4,900 |   |   |   | 200 |   |   |   | 23.4 | % |   |   | 0.8 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Hotels and mini-headend  subscribers         |   |   | 18,000 |   |   |   | 16,000 |   |   |   | 18,300 |   |   |   | 2,000 |   |   |   | (300 | ) |   |   | 12.5 | % |   |   | -1.6 | % |
| Basic subscribers                                      |   |   | 2,000 |   |   |   | 1,800 |   |   |   | 2,000 |   |   |   | 200 |   |   |   | - |   |   |   | 11.1 | % |   |   | 0.0 | % |
|    Total basic subscribers              |   |   | 20,000 |   |   |   | 17,800 |   |   |   | 20,300 |   |   |   | 2,200 |   |   |   | (300 | ) |   |   | 12.4 | % |   |   | -1.5 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cable modem subscribers                                |   |   | 11,100 |   |   |   | 10,800 |   |   |   | 11,000 |   |   |   | 300 |   |   |   | 100 |   |   |   | 2.8 | % |   |   | 0.9 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless lines in service                              |   |   | 14,900 |   |   |   | 13,600 |   |   |   | 14,600 |   |   |   | 1,300 |   |   |   | 300 |   |   |   | 9.6 | % |   |   | 2.1 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Regulated Operations                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice:                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total local access lines in service                    |   |   | 9,300 |   |   |   | 10,200 |   |   |   | 9,400 |   |   |   | (900 | ) |   |   | (100 | ) |   |   | -8.8 | % |   |   | -1.1 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   | September 30, 2011 |   |   | September 30, 2011 |   |
|                                                   |   | Three Months Ended |   |   |   |   |   |   | as Compared to |   |   | as Compared to |   |
|                                                   |   | September 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |
|                                                   |   |   | 2011 |   |   |   | 2010 |   |   |   | 2011 |   |   |   | 2010 |   |   |   | 2011 |   |   |   | 2010 |   |   |   | 2011 |   |
| Consumer                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance minutes carried  (in millions) |   |   | 22.3 |   |   |   | 25.6 |   |   |   | 23.2 |   |   |   | (3.3 | ) |   |   | (0.9 | ) |   |   | -12.9 | % |   |   | -3.9 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average monthly gross revenue per subscriber      |   | $ | 76.85 |   |   | $ | 75.85 |   |   | $ | 76.47 |   |   | $ | 1.00 |   |   | $ | 0.38 |   |   |   | 1.3 | % |   |   | 0.5 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average monthly gross revenue per subscriber           |   | $ | 72.60 |   |   | $ | 74.61 |   |   | $ | 70.52 |   |   | $ | (2.01 | ) |   | $ | 2.08 |   |   |   | -2.7 | % |   |   | 2.9 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Network Access Services                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance minutes carried  (in millions) |   |   | 202.5 |   |   |   | 205.4 |   |   |   | 187.5 |   |   |   | (2.9 | ) |   |   | 15.0 |   |   |   | -1.4 | % |   |   | 8.0 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice:                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance minutes carried  (in millions) |   |   | 28.4 |   |   |   | 29.8 |   |   |   | 28.0 |   |   |   | (1.4 | ) |   |   | 0.4 |   |   |   | -4.7 | % |   |   | 1.4 | % |
|                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance minutes carried  (in millions) |   |   | 253.2 |   |   |   | 260.8 |   |   |   | 238.7 |   |   |   | (7.6 | ) |   |   | 14.5 |   |   |   | -2.9 | % |   |   | 6.1 | % |

----

|                                                                       |   | Three Months Ended |   |
|----------------------------------------------------------------------------|--------|--------------------|--------|
|                                                                       |   | September 30,2011  |   |   | September 30,2010 |   |   | June 31,2011 |   |
| Net income (loss)                                                          |   | $                  | 7.2    |   |   |   | 7.6 |   |   |   | (2.0 | ) |
| Income tax expense (benefit)                                               |   |               | 8.0    |   |   |   | 4.9 |   |   |   | (2.0 | ) |
| Income (loss) before income tax expense (benefit)                          |   |               | 15.2   |   |   |   | 12.5 |   |   |   | (4.0 | ) |
|                                                                       |   |               |   |   |   |   |   |   |   |   |   |   |
| Other expense:                                                             |   |               |   |   |   |   |   |   |   |   |   |   |
| Interest expense  (including amortization of deferred loan fees) |   |               | 16.7   |   |   |   | 17.8 |   |   |   | 17.3 |   |
| Interest income                                                            |   |               | ---    |   |   |   | (0.1 | ) |   |   | --- |   |
| Loss on extinguishment of debt                                             |   |               | ---    |   |   |   | --- |   |   |   | 9.1 |   |
| Other expense, net                                                         |   |               | 16.7   |   |   |   | 17.7 |   |   |   | 26.4 |   |
|                                                                       |   |               |   |   |   |   |   |   |   |   |   |   |
| Operating income                                                           |   |               | 31.9   |   |   |   | 30.2 |   |   |   | 22.4 |   |
| Depreciation and amortization expense                                      |   |               | 30.7   |   |   |   | 30.3 |   |   |   | 30.6 |   |
|                                                                       |   |               |   |   |   |   |   |   |   |   |   |   |
| EBITDA (Note 2)                                                            |   |               | 62.6   |   |   |   | 60.5 |   |   |   | 53.0 |   |
| Share-based compensation                                                   |   |               | 0.4    |   |   |   | 2.2 |   |   |   | 1.7 |   |
| Accretion                                                                  |   |               | 0.1    |   |   |   | --- |   |   |   | 0.2 |   |
| Adjusted EBITDA (Note 1)                                                   |   | $                  | 63.1   |   |   |   | 62.7 |   |   |   | 54.9 |   |

----

|                                                                       |   |              |   |   |              |   |
|----------------------------------------------------------------------------|--------|-------------------|--------|--------|-------------------|--------|
|                                                                       |   | Nine Months Ended |   |
|                                                                       |   | September 30,2011 |   |   | September 30,2010 |   |
| Net income                                                                 |   | $                 | 6.7    |   |              |   | 11.2 |   |
| Income tax expense                                                         |   |              | 7.4    |   |              |   | 10.2 |   |
| Income before income tax expense                                           |   |              | 14.1   |   |              |   | 21.4 |   |
|                                                                       |   |              |   |   |              |   |   |   |
| Other (income) expense:                                                    |   |              |   |   |              |   |   |   |
| Interest expense  (including amortization of deferred loan fees) |   |              | 51.4   |   |              |   | 53.2 |   |
| Interest income                                                            |   |              | ---    |   |              |   | (0.2 | ) |
| Loss on extinguishment of debt                                             |   |              | 9.1    |   |              |   | --- |   |
| Other                                                                      |   |              | 0.1    |   |              |   | --- |   |
| Other expense, net                                                         |   |              | 60.6   |   |              |   | 53.0 |   |
|                                                                       |   |              |   |   |              |   |   |   |
| Operating income                                                           |   |              | 74.7   |   |              |   | 74.4 |   |
| Depreciation and amortization expense                                      |   |              | 93.1   |   |              |   | 92.2 |   |
|                                                                       |   |              |   |   |              |   |   |   |
| EBITDA (Note 2)                                                            |   |              | 167.8  |   |              |   | 166.6 |   |
| Share-based compensation                                                   |   |              | 3.2    |   |              |   | 4.7 |   |
| Accretion                                                                  |   |              | 0.4    |   |              |   | --- |   |
| Non-cash contribution adjustment                                           |   |              | ---    |   |              |   | (0.1 | ) |
| Adjusted EBITDA (Note 1)                                                   |   | $                 | 171.4  |   |              |   | 171.2 |   |

----

|   | (1) EBITDA (as defined in Note 2 below) before deducting share-based compensation and accretion expense. |
|--------|----------------------------------------------------------------------------------------------------------|

|   | (2) Earnings Before Interest, Taxes, Depreciation and Amortization is the sum of Net Income, Interest Expense (including Amortization of Deferred Loan Fees), Interest Income, Income Tax Expense, and Depreciation and Amortization Expense.  EBITDA is not presented as an alternative measure of net income, operating income or cash flow from operations, as determined in accordance with accounting principles generally accepted in the United States of America.  GCI's management uses EBITDA to evaluate the operating performance of its business, and as a measure of performance for incentive compensation purposes.  GCI believes EBITDA is a measure used as an analytical indicator of income generated to service debt and fund capital expenditures.  In addition, multiples of current or projected EBITDA are used to estimate current or prospective enterprise value.  EBITDA does not give effect to cash used for debt service requirements, and thus does not reflect funds available for investment or other discretionary uses.  EBITDA as presented herein may not be comparable to similarly titled measures reported by other companies. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----