----

| ·   | Consolidated revenue of $178.5 million |
|--------------------|----------------------------------------|

| ·   | Adjusted EBITDA of $59.4 million |
|--------------------|----------------------------------|

| ·   | Net income of $3.7 million or $0.09 per diluted share |
|--------------------|-------------------------------------------------------|

| ·   | Managed Broadband revenues for the third quarter of 2012 totaled $22.7 million, an increase of $5.3 million or 30.3 percent over the third quarter of 2011, primarily as a result of sales of broadband service on GCI’s TERRA-Southwest terrestrial network. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI received payment of $4.5 million for IRU capacity sold to a large carrier customer early in the third quarter of 2012. The IRU sale is treated as deferred revenue and will be recognized into income over the expected life of the capacity. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI had 124,700 consumer and commercial cable modem customers at the end of the third quarter of 2012, an increase of 6,800 over the end of the third quarter 2011. Average monthly revenue per cable modem for the third quarter of 2012 was $62.85, an increase of 11.9 percent over $56.17 for the prior year. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| ·   | GCI entered into a second arrangement under the New Markets Tax Credit (NMTC) program to help fund Phase 3 of our TERRA-NW project. Phase 3 of our TERRA-NW project continues the extension of terrestrial broadband service to Kotzebue. The NMTC program was established in the Community Renewal Tax Relief Act of 2000 to induce capital investment in qualified low income communities and will fund $12.9 million, or almost half, of the expected total project cost. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Millions $             |   |   | Q3 2012 |   |   |   | Q3 2011 |   |   |   | Q2 2012 |   |
|------------------------|--------|--------|---------|--------|--------|--------|---------|--------|--------|--------|---------|--------|
| Data Transport Charges |   | $      | 12.2    |   |   | $      | 11.4    |   |   | $      | 11.9    |   |
| Professional Services  |   |   | 11.1    |   |   |   | 11.6    |   |   |   | 9.8     |   |
| Data Center Revenues   |   |   | 0.3     |   |   |   | 0.0     |   |   |   | 0.2     |   |
| Total Data Revenues    |   | $      | 23.6    |   |   | $      | 23.0    |   |   | $      | 21.9    |   |

----

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                         |   |
|----------------------------------------------------------------------|--------|
| CONSOLIDATED BALANCE SHEETS                                          |   |
| (Unaudited)                                                          |   |
|                                                                 |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   |   |
| (Amounts in thousands)                                               |   |   |   |   |   |   |
|                                                                 |   | September 30, |   |   | December 31, |   |
| Assets                                                               |   | 2012 |   |   | 2011 |   |
|                                                                 |   |   |   |   |   |   |
| Current assets:                                                      |   |   |   |   |   |   |
|   Cash and cash equivalents                                |   | $ | 27,555 |   |   |   | 29,387 |   |
|                                                                 |   |   |   |   |   |   |   |   |
|   Receivables                                              |   |   | 183,097 |   |   |   | 141,827 |   |
|   Less allowance for doubtful receivables                  |   |   | 3,740 |   |   |   | 5,796 |   |
|      Net receivables                        |   |   | 179,357 |   |   |   | 136,031 |   |
|                                                                 |   |   |   |   |   |   |   |   |
|   Deferred income taxes                                    |   |   | 15,555 |   |   |   | 15,555 |   |
|   Prepaid expenses                                         |   |   | 8,151 |   |   |   | 7,899 |   |
|   Inventories                                              |   |   | 11,948 |   |   |   | 7,522 |   |
|   Other current assets                                     |   |   | 2,464 |   |   |   | 3,631 |   |
|        Total current assets       |   |   | 245,030 |   |   |   | 200,025 |   |
|                                                                 |   |   |   |   |   |   |   |   |
| Property and equipment in service, net of depreciation               |   |   | 817,798 |   |   |   | 849,121 |   |
| Construction in progress                                             |   |   | 92,600 |   |   |   | 42,918 |   |
|        Net property and equipment |   |   | 910,398 |   |   |   | 892,039 |   |
|                                                                 |   |   |   |   |   |   |   |   |
| Cable certificates                                                   |   |   | 191,635 |   |   |   | 191,635 |   |
| Goodwill                                                             |   |   | 74,883 |   |   |   | 74,883 |   |
| Wireless licenses                                                    |   |   | 25,967 |   |   |   | 25,967 |   |
| Deferred loan and senior notes costs, net of amortization            |   |   | 11,566 |   |   |   | 12,812 |   |
| Restricted cash                                                      |   |   | 10,445 |   |   |   | 15,910 |   |
| Other intangible assets, net of amortization                         |   |   | 15,472 |   |   |   | 15,835 |   |
| Other assets                                                         |   |   | 14,449 |   |   |   | 17,214 |   |
|     Total other assets                           |   |   | 344,417 |   |   |   | 354,256 |   |
|        Total assets               |   | $ | 1,499,845 |   |   |   | 1,446,320 |   |
|                                                                 |   |   |   |   |   |   |   |   |
|                                                                 |   |   |   |   |   | (Continued) |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
|----------------------------------------------|
| CONSOLIDATED BALANCE SHEETS                  |
| (Unaudited)                                  |
|                                         |   |   |   |   |

| (Amounts in thousands)                                                                                                                                                                                                                                                                                                                             |   |          |      |   |         |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|-----------|--------|--------------|--------|
|                                                                                                                                                                                                                                                                                                                                               |   | September 30, |      |   | December 31, |   |
| Liabilities and Stockholders' Equity                                                                                                                                                                                                                                                                                                               |   | 2012          |      |   | 2011         |   |
|                                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |
| Current liabilities:                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |
|   Current maturities of obligations under long-term debt and capital leases                                                                                                                                                                                                                                                              |   | $             | 7,766     |   |         |   | 8,797 |   |
|   Accounts payable                                                                                                                                                                                                                                                                                                                       |   |          | 43,880    |   |         |   | 41,353 |   |
|   Deferred revenue                                                                                                                                                                                                                                                                                                                       |   |          | 23,903    |   |         |   | 22,003 |   |
|   Accrued payroll and payroll related obligations                                                                                                                                                                                                                                                                                        |   |          | 20,901    |   |         |   | 22,126 |   |
|   Accrued interest                                                                                                                                                                                                                                                                                                                       |   |          | 21,358    |   |         |   | 6,680 |   |
|   Accrued liabilities                                                                                                                                                                                                                                                                                                                    |   |          | 25,528    |   |         |   | 11,423 |   |
|   Subscriber deposits                                                                                                                                                                                                                                                                                                                    |   |          | 1,125     |   |         |   | 1,250 |   |
|      Total current liabilities                                                                                                                                                                                                                                                                                            |   |          | 144,461   |   |         |   | 113,632 |   |
|                                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |   |   |
| Long-term debt, net                                                                                                                                                                                                                                                                                                                                |   |          | 864,804   |   |         |   | 858,031 |   |
| Obligations under capital leases, excluding current maturities                                                                                                                                                                                                                                                                                     |   |          | 74,259    |   |         |   | 78,605 |   |
| Obligation under capital lease due to related party, excluding current maturity                                                                                                                                                                                                                                                                    |   |          | 1,893     |   |         |   | 1,893 |   |
| Deferred income taxes                                                                                                                                                                                                                                                                                                                              |   |          | 124,619   |   |         |   | 114,234 |   |
| Long-term deferred revenue                                                                                                                                                                                                                                                                                                                         |   |          | 88,561    |   |         |   | 81,822 |   |
| Other liabilities                                                                                                                                                                                                                                                                                                                                  |   |          | 25,705    |   |         |   | 24,456 |   |
|        Total liabilities                                                                                                                                                                                                                                                                                        |   |          | 1,324,302 |   |         |   | 1,272,673 |   |
|                                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |   |   |
| Commitments and contingencies                                                                                                                                                                                                                                                                                                                      |   |          |      |   |         |   |   |   |
| Stockholders’ equity:                                                                                                                                                                                                                                                                                                                        |   |          |      |   |         |   |   |   |
|   Common stock (no par):                                                                                                                                                                                                                                                                                                                 |   |          |      |   |         |   |   |   |
|      Class A. Authorized 100,000 shares; issued 38,818 and 39,296 shares     at September 30, 2012 and December 31, 2011, respectively;     outstanding 38,625 and 39,043 shares at September 30, 2012 and     December 31, 2011, respectively |   |          | 25,543    |   |         |   | 26,179 |   |
|                                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |   |   |
|     Class B. Authorized 10,000 shares; issued and outstanding 3,169 and     3,171 shares at September 30, 2012 and December 31, 2011,     respectively; convertible on a share-per-share basis into Class A     common stock                        |   |          | 2,676     |   |         |   | 2,679 |   |
|                                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |   |   |
|     Less cost of 193 and 253 Class A shares held in treasury at      September 30, 2012, and December 31, 2011, respectively                                                                                                                                                                     |   |          | (1,707    | )      |         |   | (2,225 | ) |
|                                                                                                                                                                                                                                                                                                                                               |   |          |      |   |         |   |   |   |
|   Paid-in capital                                                                                                                                                                                                                                                                                                                        |   |          | 26,232    |   |         |   | 32,795 |   |
|   Retained earnings                                                                                                                                                                                                                                                                                                                      |   |          | 107,022   |   |         |   | 97,911 |   |
|        Total General Communication, Inc. stockholders' equity                                                                                                                                                                                                                                                   |   |          | 159,766   |   |         |   | 157,339 |   |
|   Non-controlling interest                                                                                                                                                                                                                                                                                                               |   |          | 15,777    |   |         |   | 16,308 |   |
|        Total stockholders' equity                                                                                                                                                                                                                                                                               |   |          | 175,543   |   |         |   | 173,647 |   |
|        Total liabilities and stockholders' equity                                                                                                                                                                                                                                                               |   | $             | 1,499,845 |   |         |   | 1,446,320 |   |

----

| 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)                                                                       |   | 2012 |   |   | 2011 |   |   | 2012 |   |   | 2011 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenues                                                                                                               |   | $ | 178,494 |   |   |   | 177,703 |   |   |   | 526,505 |   |   |   | 510,569 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold (exclusive of depreciation and amortization shown  separately below)                      |   |   | 62,754 |   |   |   | 60,664 |   |   |   | 177,687 |   |   |   | 171,734 |   |
| Selling, general and administrative expenses                                                                           |   |   | 58,228 |   |   |   | 54,453 |   |   |   | 181,258 |   |   |   | 171,043 |   |
| Depreciation and amortization expense                                                                                  |   |   | 32,120 |   |   |   | 30,653 |   |   |   | 97,850 |   |   |   | 93,298 |   |
|    Operating income                                                                                     |   |   | 25,392 |   |   |   | 31,933 |   |   |   | 69,710 |   |   |   | 74,494 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other income (expense):                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Interest expense (including amortization of deferred loan fees)                                            |   |   | (16,765 | ) |   |   | (16,678 | ) |   |   | (50,868 | ) |   |   | (51,424 | ) |
|   Loss of extinguishment of debt                                                                             |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (9,111 | ) |
|   Interest income                                                                                            |   |   | 2 |   |   |   | 22 |   |   |   | 8 |   |   |   | 30 |   |
|   Other                                                                                                      |   |   | 164 |   |   |   | (59 | ) |   |   | 117 |   |   |   | (92 | ) |
|      Other expense, net                                                                       |   |   | (16,599 | ) |   |   | (16,715 | ) |   |   | (50,743 | ) |   |   | (60,597 | ) |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Income before income tax expense                                                                     |   |   | 8,793 |   |   |   | 15,218 |   |   |   | 18,967 |   |   |   | 13,897 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income tax expense                                                                                                     |   |   | (5,270 | ) |   |   | (7,979 | ) |   |   | (10,387 | ) |   |   | (7,303 | ) |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net income                                                                                           |   |   | 3,523 |   |   |   | 7,239 |   |   |   | 8,580 |   |   |   | 6,594 |   |
| Net loss attributable to non-controlling interest                                                                      |   |   | 177 |   |   |   | - |   |   |   | 531 |   |   |   | - |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Net income attributable to General Communication, Inc.                                               |   | $ | 3,700 |   |   |   | 7,239 |   |   |   | 9,111 |   |   |   | 6,594 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic net income attributable to General Communication, Inc.  common stockholders per Class A common share   |   | $ | 0.09 |   |   |   | 0.16 |   |   |   | 0.22 |   |   |   | 0.14 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic net income attributable to General Communication, Inc.  common stockholders per Class B common share   |   | $ | 0.09 |   |   |   | 0.16 |   |   |   | 0.22 |   |   |   | 0.14 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted net income attributable to General Communication, Inc.  common stockholders per Class A common share |   | $ | 0.09 |   |   |   | 0.15 |   |   |   | 0.22 |   |   |   | 0.13 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted net income attributable to General Communication, Inc.  common stockholders per Class B common share |   | $ | 0.09 |   |   |   | 0.15 |   |   |   | 0.22 |   |   |   | 0.13 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares used to calculate Class A basic EPS                                                                      |   |   | 38,600 |   |   |   | 41,768 |   |   |   | 38,614 |   |   |   | 42,940 |   |
|                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Common shares used to calculate Class A diluted EPS                                                                    |   |   | 42,000 |   |   |   | 45,464 |   |   |   | 42,177 |   |   |   | 46,682 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES      |
|---------------------------------------------------|
| SUPPLEMENTAL SCHEDULES                            |
| (Unaudited)                                       |
|                                              |
| (Amounts in thousands)                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                              |   | Third Quarter 2012 |   |   | Third Quarter 2011 |   |
|                                              |   |   |   |   | Network |   |   |   |   |   | Managed |   |   |  Regulated |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   |  Regulated |   |
|                                              |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                                 |   | $ | 9,968 |   |   |   | 5,664 |   |   |   | 6,896 |   |   |   | - |   |   |   |   | 5,319 |   |   |   | 27,847 |   |   | $ | 13,164 |   |   |   | 6,213 |   |   |   | 7,137 |   |   |   | - |   |   |   | 5,990 |   |   |   | 32,504 |   |
|   Video                                 |   |   | 28,394 |   |   |   | - |   |   |   | 3,142 |   |   |   | - |   |   |   |   | - |   |   |   | 31,536 |   |   |   | 29,155 |   |   |   | - |   |   |   | 2,830 |   |   |   | - |   |   |   | - |   |   |   | 31,985 |   |
|   Data                                  |   |   | 21,379 |   |   |   | 14,093 |   |   |   | 23,622 |   |   |   | 22,685 |   |   |   |   | - |   |   |   | 81,779 |   |   |   | 18,088 |   |   |   | 17,140 |   |   |   | 23,040 |   |   |   | 17,407 |   |   |   | - |   |   |   | 75,675 |   |
|   Wireless                              |   |   | 27,066 |   |   |   | 7,718 |   |   |   | 2,548 |   |   |   | - |   |   |   |   | - |   |   |   | 37,332 |   |   |   | 28,860 |   |   |   | 6,114 |   |   |   | 2,565 |   |   |   | - |   |   |   | - |   |   |   | 37,539 |   |
|     Total                     |   |   | 86,807 |   |   |   | 27,475 |   |   |   | 36,208 |   |   |   | 22,685 |   |   |   |   | 5,319 |   |   |   | 178,494 |   |   |   | 89,267 |   |   |   | 29,467 |   |   |   | 35,572 |   |   |   | 17,407 |   |   |   | 5,990 |   |   |   | 177,703 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold                           |   |   | 33,027 |   |   |   | 6,194 |   |   |   | 16,607 |   |   |   | 5,230 |   |   |   |   | 1,696 |   |   |   | 62,754 |   |   |   | 27,436 |   |   |   | 9,531 |   |   |   | 17,232 |   |   |   | 4,540 |   |   |   | 1,925 |   |   |   | 60,664 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution              |   |   | 53,780 |   |   |   | 21,281 |   |   |   | 19,601 |   |   |   | 17,455 |   |   |   |   | 3,623 |   |   |   | 115,740 |   |   |   | 61,831 |   |   |   | 19,936 |   |   |   | 18,340 |   |   |   | 12,867 |   |   |   | 4,065 |   |   |   | 117,039 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less SG&A                                     |   |   | 33,699 |   |   |   | 6,157 |   |   |   | 10,028 |   |   |   | 5,723 |   |   |   |   | 2,621 |   |   |   | 58,228 |   |   |   | 31,737 |   |   |   | 6,300 |   |   |   | 9,358 |   |   |   | 4,031 |   |   |   | 3,027 |   |   |   | 54,453 |   |
| Less Other                                        |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (164 | ) |   |   |   | - |   |   |   | (164 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 59 |   |   |   | - |   |   |   | 59 |   |
|     EBITDA                    |   |   | 20,081 |   |   |   | 15,124 |   |   |   | 9,573 |   |   |   | 11,896 |   |   |   |   | 1,002 |   |   |   | 57,676 |   |   |   | 30,094 |   |   |   | 13,636 |   |   |   | 8,982 |   |   |   | 8,777 |   |   |   | 1,038 |   |   |   | 62,527 |   |
|                                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add share-based  compensation           |   |   | 723 |   |   |   | 224 |   |   |   | 286 |   |   |   | 155 |   |   |   |   | 7 |   |   |   | 1,395 |   |   |   | 173 |   |   |   | 56 |   |   |   | 104 |   |   |   | 51 |   |   |   | - |   |   |   | 384 |   |
| Add accretion                                     |   |   | 112 |   |   |   | 35 |   |   |   | 33 |   |   |   | 21 |   |   |   |   | - |   |   |   | 201 |   |   |   | 106 |   |   |   | 37 |   |   |   | 31 |   |   |   | 16 |   |   |   | - |   |   |   | 190 |   |
| Add loss from  non-controlling interest |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 177 |   |   |   |   | - |   |   |   | 177 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|     Adjusted EBITDA           |   | $ | 20,916 |   |   |   | 15,383 |   |   |   | 9,892 |   |   |   | 12,249 |   |   |   |   | 1,009 |   |   |   | 59,449 |   |   | $ | 30,373 |   |   |   | 13,729 |   |   |   | 9,117 |   |   |   | 8,844 |   |   |   | 1,038 |   |   |   | 63,101 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES            |
|---------------------------------------------------------|
| SUPPLEMENTAL SCHEDULES                                  |
| (Unaudited)                                             |
|                                                    |
| (Amounts in thousands)                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |   | Third Quarter 2012 |   |   | Second Quarter 2012 |   |
|                                                    |   |   |   |   | Network |   |   |   |   |   | Managed |   |   |  Regulated |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   |  Regulated |   |
|                                                    |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                                       |   | $ | 9,968 |   |   |   | 5,664 |   |   |   | 6,896 |   |   |   | - |   |   |   | 5,319 |   |   |   | 27,847 |   |   | $ | 10,483 |   |   |   | 5,962 |   |   |   | 6,804 |   |   |   | - |   |   |   | 5,409 |   |   |   | 28,658 |   |
|   Video                                       |   |   | 28,394 |   |   |   | - |   |   |   | 3,142 |   |   |   | - |   |   |   | - |   |   |   | 31,536 |   |   |   | 29,235 |   |   |   | - |   |   |   | 3,236 |   |   |   | - |   |   |   | - |   |   |   | 32,471 |   |
|   Data                                        |   |   | 21,379 |   |   |   | 14,093 |   |   |   | 23,622 |   |   |   | 22,685 |   |   |   | - |   |   |   | 81,779 |   |   |   | 21,523 |   |   |   | 13,412 |   |   |   | 21,917 |   |   |   | 21,717 |   |   |   | - |   |   |   | 78,569 |   |
|   Wireless                                    |   |   | 27,066 |   |   |   | 7,718 |   |   |   | 2,548 |   |   |   | - |   |   |   | - |   |   |   | 37,332 |   |   |   | 27,254 |   |   |   | 6,643 |   |   |   | 2,509 |   |   |   | - |   |   |   | - |   |   |   | 36,406 |   |
|     Total                           |   |   | 86,807 |   |   |   | 27,475 |   |   |   | 36,208 |   |   |   | 22,685 |   |   |   | 5,319 |   |   |   | 178,494 |   |   |   | 88,495 |   |   |   | 26,017 |   |   |   | 34,466 |   |   |   | 21,717 |   |   |   | 5,409 |   |   |   | 176,104 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold                                 |   |   | 33,027 |   |   |   | 6,194 |   |   |   | 16,607 |   |   |   | 5,230 |   |   |   | 1,696 |   |   |   | 62,754 |   |   |   | 30,587 |   |   |   | 6,186 |   |   |   | 15,502 |   |   |   | 4,268 |   |   |   | 1,530 |   |   |   | 58,073 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution                    |   |   | 53,780 |   |   |   | 21,281 |   |   |   | 19,601 |   |   |   | 17,455 |   |   |   | 3,623 |   |   |   | 115,740 |   |   |   | 57,908 |   |   |   | 19,831 |   |   |   | 18,964 |   |   |   | 17,449 |   |   |   | 3,879 |   |   |   | 118,031 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less SG&A                                           |   |   | 33,699 |   |   |   | 6,157 |   |   |   | 10,028 |   |   |   | 5,723 |   |   |   | 2,621 |   |   |   | 58,228 |   |   |   | 34,514 |   |   |   | 6,573 |   |   |   | 10,583 |   |   |   | 5,774 |   |   |   | 2,604 |   |   |   | 60,048 |   |
| Less Other                                              |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (164 | ) |   |   | - |   |   |   | (164 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (84 | ) |   |   | - |   |   |   | (84 | ) |
|     EBITDA                          |   |   | 20,081 |   |   |   | 15,124 |   |   |   | 9,573 |   |   |   | 11,896 |   |   |   | 1,002 |   |   |   | 57,676 |   |   |   | 23,394 |   |   |   | 13,258 |   |   |   | 8,381 |   |   |   | 11,759 |   |   |   | 1,275 |   |   |   | 58,067 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add share-based  compensation                 |   |   | 723 |   |   |   | 224 |   |   |   | 286 |   |   |   | 155 |   |   |   | 7 |   |   |   | 1,395 |   |   |   | 440 |   |   |   | 129 |   |   |   | 194 |   |   |   | 94 |   |   |   | 8 |   |   |   | 865 |   |
| Add accretion                                           |   |   | 112 |   |   |   | 35 |   |   |   | 33 |   |   |   | 21 |   |   |   | - |   |   |   | 201 |   |   |   | 85 |   |   |   | 27 |   |   |   | 24 |   |   |   | 16 |   |   |   | - |   |   |   | 152 |   |
| Add loss from   non-controlling interest |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 177 |   |   |   | - |   |   |   | 177 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 177 |   |   |   | - |   |   |   | 177 |   |
| Add non-cash contribution                          |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 89 |   |   |   | 28 |   |   |   | 26 |   |   |   | 17 |   |   |   | - |   |   |   | 160 |   |
|     Adjusted EBITDA                 |   | $ | 20,916 |   |   |   | 15,383 |   |   |   | 9,892 |   |   |   | 12,249 |   |   |   | 1,009 |   |   |   | 59,449 |   |   | $ | 24,008 |   |   |   | 13,442 |   |   |   | 8,625 |   |   |   | 12,063 |   |   |   | 1,283 |   |   |   | 59,421 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES            |
|---------------------------------------------------------|
| SUPPLEMENTAL SCHEDULES                                  |
| (Unaudited)                                             |
|                                                    |
| (Amounts in thousands)                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                    |   | Nine Months Ended September 30, 2012 |   |   | Nine Months Ended September 30, 2011 |   |
|                                                    |   |   |   |   | Network |   |   |   |   |   | Managed |   |   |  Regulated |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   |  Regulated |   |
|                                                    |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                                       |   | $ | 31,731 |   |   |   | 17,190 |   |   |   | 20,786 |   |   |   | - |   |   |   | 16,265 |   |   |   | 85,972 |   |   | $ | 40,541 |   |   |   | 18,124 |   |   |   | 22,050 |   |   |   | - |   |   |   | 16,958 |   |   |   | 97,673 |   |
|   Video                                       |   |   | 86,651 |   |   |   | - |   |   |   | 9,498 |   |   |   | - |   |   |   | - |   |   |   | 96,149 |   |   |   | 89,040 |   |   |   | - |   |   |   | 8,606 |   |   |   | - |   |   |   | - |   |   |   | 97,646 |   |
|   Data                                        |   |   | 63,351 |   |   |   | 41,858 |   |   |   | 67,376 |   |   |   | 63,431 |   |   |   | - |   |   |   | 236,016 |   |   |   | 52,046 |   |   |   | 47,135 |   |   |   | 63,653 |   |   |   | 46,041 |   |   |   | - |   |   |   | 208,875 |   |
|   Wireless                                    |   |   | 81,381 |   |   |   | 19,632 |   |   |   | 7,355 |   |   |   | - |   |   |   | - |   |   |   | 108,368 |   |   |   | 84,611 |   |   |   | 14,456 |   |   |   | 7,308 |   |   |   | - |   |   |   | - |   |   |   | 106,375 |   |
|     Total                           |   |   | 263,114 |   |   |   | 78,680 |   |   |   | 105,015 |   |   |   | 63,431 |   |   |   | 16,265 |   |   |   | 526,505 |   |   |   | 266,238 |   |   |   | 79,715 |   |   |   | 101,617 |   |   |   | 46,041 |   |   |   | 16,958 |   |   |   | 510,569 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of goods sold                                 |   |   | 92,232 |   |   |   | 18,403 |   |   |   | 47,809 |   |   |   | 14,387 |   |   |   | 4,856 |   |   |   | 177,687 |   |   |   | 82,755 |   |   |   | 22,772 |   |   |   | 49,030 |   |   |   | 13,034 |   |   |   | 4,143 |   |   |   | 171,734 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution                    |   |   | 170,882 |   |   |   | 60,277 |   |   |   | 57,206 |   |   |   | 49,044 |   |   |   | 11,409 |   |   |   | 348,818 |   |   |   | 183,483 |   |   |   | 56,943 |   |   |   | 52,587 |   |   |   | 33,007 |   |   |   | 12,815 |   |   |   | 338,835 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less SG&A                                           |   |   | 104,045 |   |   |   | 19,938 |   |   |   | 31,305 |   |   |   | 17,768 |   |   |   | 8,202 |   |   |   | 181,258 |   |   |   | 98,402 |   |   |   | 19,647 |   |   |   | 30,126 |   |   |   | 13,012 |   |   |   | 9,856 |   |   |   | 171,043 |   |
| Less Other                                              |   |   | - |   |   |   | - |   |   |   | - |   |   |   | (117 | ) |   |   | - |   |   |   | (117 | ) |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 92 |   |   |   | - |   |   |   | 92 |   |
|     EBITDA                          |   |   | 66,837 |   |   |   | 40,339 |   |   |   | 25,901 |   |   |   | 31,393 |   |   |   | 3,207 |   |   |   | 167,677 |   |   |   | 85,081 |   |   |   | 37,296 |   |   |   | 22,461 |   |   |   | 19,903 |   |   |   | 2,959 |   |   |   | 167,700 |   |
|                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add share-based  compensation                 |   |   | 2,047 |   |   |   | 632 |   |   |   | 813 |   |   |   | 478 |   |   |   | 20 |   |   |   | 3,990 |   |   |   | 1,686 |   |   |   | 569 |   |   |   | 646 |   |   |   | 323 |   |   |   | - |   |   |   | 3,224 |   |
| Add accretion                                           |   |   | 301 |   |   |   | 95 |   |   |   | 88 |   |   |   | 57 |   |   |   | - |   |   |   | 541 |   |   |   | 257 |   |   |   | 88 |   |   |   | 73 |   |   |   | 38 |   |   |   | - |   |   |   | 456 |   |
| Add loss from   non-controlling interest |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 531 |   |   |   | - |   |   |   | 531 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
| Add non-cash contribution                          |   |   | 533 |   |   |   | 169 |   |   |   | 156 |   |   |   | 102 |   |   |   | - |   |   |   | 960 |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|     Adjusted EBITDA                 |   | $ | 69,718 |   |   |   | 41,235 |   |   |   | 26,958 |   |   |   | 32,561 |   |   |   | 3,227 |   |   |   | 173,699 |   |   | $ | 87,024 |   |   |   | 37,953 |   |   |   | 23,180 |   |   |   | 20,264 |   |   |   | 2,959 |   |   |   | 171,380 |   |

----

| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                  |
|---------------------------------------------------------------|
| KEY PERFORMANCE INDICATORS                                    |
| (Unaudited)                                                   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   | September 30, 2012 |   |   | September 30, 2012 |   |
|                                                          |   |   |   |   |   |   |   |   |   |   | as compared to |   |   | as compared to |   |
|                                                          |   | September 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |
|                                                          |   | 2012 |   |   | 2011 |   |   | 2012 |   |   | 2011 |   |   | 2012 |   |   | 2011 |   |   | 2012 |   |
| Consumer                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total local access lines in service                           |   |   | 71,900 |   |   |   | 79,100 |   |   |   | 74,400 |   |   |   | (7,200 | ) |   |   | (2,500 | ) |   |   | -9.1 | % |   |   | -3.4 | % |
| Local access lines in service on GCI facilities               |   |   | 66,900 |   |   |   | 73,200 |   |   |   | 69,300 |   |   |   | (6,300 | ) |   |   | (2,400 | ) |   |   | -8.6 | % |   |   | -3.5 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic subscribers                                             |   |   | 122,200 |   |   |   | 126,400 |   |   |   | 122,500 |   |   |   | (4,200 | ) |   |   | (300 | ) |   |   | -3.3 | % |   |   | -0.2 | % |
| Digital programming tier subscribers                          |   |   | 72,000 |   |   |   | 76,700 |   |   |   | 72,200 |   |   |   | (4,700 | ) |   |   | (200 | ) |   |   | -6.1 | % |   |   | -0.3 | % |
| HD/DVR converter boxes                                        |   |   | 89,200 |   |   |   | 87,400 |   |   |   | 88,400 |   |   |   | 1,800 |   |   |   | 800 |   |   |   | 2.1 | % |   |   | 0.9 | % |
| Homes passed                                                  |   |   | 248,400 |   |   |   | 239,800 |   |   |   | 242,400 |   |   |   | 8,600 |   |   |   | 6,000 |   |   |   | 3.6 | % |   |   | 2.5 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cable modem subscribers                                       |   |   | 113,100 |   |   |   | 106,800 |   |   |   | 111,700 |   |   |   | 6,300 |   |   |   | 1,400 |   |   |   | 5.9 | % |   |   | 1.3 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless Lifeline lines in service                            |   |   | 35,500 |   |   |   | 43,100 |   |   |   | 39,900 |   |   |   | (7,600 | ) |   |   | (4,400 | ) |   |   | -17.6 | % |   |   | -11.0 | % |
| Wireless Postpaid lines in service                            |   |   | 76,000 |   |   |   | 73,700 |   |   |   | 74,200 |   |   |   | 2,300 |   |   |   | 1,800 |   |   |   | 3.1 | % |   |   | 2.4 | % |
| Wireless Prepaid lines in service                             |   |   | 11,300 |   |   |   | 9,000 |   |   |   | 10,700 |   |   |   | 2,300 |   |   |   | 600 |   |   |   | 25.6 | % |   |   | 5.6 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total local access lines in service                           |   |   | 51,800 |   |   |   | 50,800 |   |   |   | 51,800 |   |   |   | 1,000 |   |   |   | - |   |   |   | 2.0 | % |   |   | 0.0 | % |
| Local access lines in service on GCI facilities               |   |   | 30,500 |   |   |   | 27,200 |   |   |   | 30,200 |   |   |   | 3,300 |   |   |   | 300 |   |   |   | 12.1 | % |   |   | 1.0 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Hotels and mini-headend  subscribers                |   |   | 18,500 |   |   |   | 18,000 |   |   |   | 19,300 |   |   |   | 500 |   |   |   | (800 | ) |   |   | 2.8 | % |   |   | -4.1 | % |
| Basic subscribers                                             |   |   | 1,900 |   |   |   | 2,000 |   |   |   | 1,900 |   |   |   | (100 | ) |   |   | - |   |   |   | -5.0 | % |   |   | 0.0 | % |
|    Total basic subscribers                     |   |   | 20,400 |   |   |   | 20,000 |   |   |   | 21,200 |   |   |   | 400 |   |   |   | (800 | ) |   |   | 2.0 | % |   |   | -3.8 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cable modem subscribers                                       |   |   | 11,600 |   |   |   | 11,100 |   |   |   | 11,800 |   |   |   | 500 |   |   |   | (200 | ) |   |   | 4.5 | % |   |   | -1.7 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless lines in service                                     |   |   | 16,600 |   |   |   | 14,900 |   |   |   | 16,200 |   |   |   | 1,700 |   |   |   | 400 |   |   |   | 11.4 | % |   |   | 2.5 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Regulated Operations                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice:                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total local access lines in service                           |   |   | 8,500 |   |   |   | 9,300 |   |   |   | 8,700 |   |   |   | (800 | ) |   |   | (200 | ) |   |   | -8.6 | % |   |   | -2.3 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   | September 30, 2012 |   |   | September 30, 2012 |   |
|                                                          |   | Three Months Ended |   |   | as Compared to |   |   | as Compared to |   |
|                                                          |   | September 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |   | September 30, |   |   | June 30, |   |
|                                                          |   |  2012 |   |   |  2011 |   |   |  2012 |   |   |  2011 |   |   |  2012 |   |   |  2011 |   |   |  2012 |   |
| Consumer                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average monthly revenue per  subscriber             |   | $ | 77.45 |   |   | $ | 76.85 |   |   | $ | 78.89 |   |   | $ | 0.60 |   |   | $ | (1.44 | ) |   |   | 0.8 | % |   |   | -1.8 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average monthly revenue per  subscriber             |   | $ | 67.98 |   |   | $ | 72.60 |   |   | $ | 67.69 |   |   | $ | (4.62 | ) |   | $ | 0.29 |   |   |   | -6.4 | % |   |   | 0.4 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance minutes carried  (in millions)        |   |   | 243.0 |   |   |   | 253.2 |   |   |   | 241.3 |   |   |   | (10.2 | ) |   |   | 1.7 |   |   |   | -4.0 | % |   |   | 0.7 | % |
|                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Average monthly revenue per  cable modem subscriber |   | $ | 62.85 |   |   | $ | 56.17 |   |   | $ | 63.64 |   |   | $ | 6.68 |   |   | $ | (0.79 | ) |   |   | 11.9 | % |   |   | -1.2 | % |

----

| General Communication, Inc.                                                           |   |               |   |   |          |   |   |     |   |
|---------------------------------------------------------------------------------------|--------|--------------------|--------|--------|---------------|--------|--------|----------|--------|
| Non-GAAP Financial Reconciliation Schedule                                            |   |               |   |   |          |   |   |     |   |
| (Unaudited, Amounts in Millions)                                                      |   |               |   |   |          |   |   |     |   |
|                                                                                  |   |               |   |   |          |   |   |     |   |
|                                                                                  |   |               |   |   |          |   |   |     |   |
|                                                                                  |   | Three Months Ended |   |
|                                                                                  |   | September 30,      |   |   | September 30, |   |   | June 30, |   |
|                                                                                  |   | 2012               |   |   | 2011          |   |   | 2012     |   |
| Net income                                                                            |   | $                  | 3.5    |   |          |   | 7.2    |     |   |   | 3.8 |   |
| Income tax expense                                                                    |   |               | 5.3    |   |          |   | 8.0    |     |   |   | 4.0 |   |
| Income before income tax expense                                                      |   |               | 8.8    |   |          |   | 15.2   |     |   |   | 7.8 |   |
|                                                                                  |   |               |   |   |          |   |   |     |   |   |   |   |
| Other expense:                                                                        |   |               |   |   |          |   |   |     |   |   |   |   |
| Interest expense (including   amortization of deferred loan fees) |   |               | 16.8   |   |          |   | 16.7   |     |   |   | 16.9 |   |
| Loss on extingushment of debt                                          |   |               | -      |   |          |   | -      |     |   |   | - |   |
| Other                                                                                 |   |               | (0.2   | )      |          |   | -      |     |   |   | - |   |
| Other expense, net                                                                    |   |               | 16.6   |   |          |   | 16.7   |     |   |   | 16.9 |   |
|                                                                                  |   |               |   |   |          |   |   |     |   |   |   |   |
| Operating income                                                                      |   |               | 25.4   |   |          |   | 31.9   |     |   |   | 24.7 |   |
| Depreciation and amortization expense                                                 |   |               | 32.1   |   |          |   | 30.7   |     |   |   | 33.4 |   |
| Other                                                                                 |   |               | 0.2    |   |          |   | -      |     |   |   | - |   |
|                                                                                  |   |               |   |   |          |   |   |     |   |   |   |   |
| EBITDA (Note 2)                                                                       |   |               | 57.7   |   |          |   | 62.6   |     |   |   | 58.1 |   |
| Share-based compensation                                                              |   |               | 1.4    |   |          |   | 0.4    |     |   |   | 0.9 |   |
| Accretion                                                                             |   |               | 0.2    |   |          |   | 0.1    |     |   |   | 0.1 |   |
| Non-controlling interest                                                              |   |               | 0.1    |   |          |   | -      |     |   |   | 0.2 |   |
| Non-cash contribution adjustment                                                      |   |               | -      |   |          |   | -      |     |   |   | 0.1 |   |
| Adjusted EBITDA (Note 1)                                                              |   | $                  | 59.4   |   |          |   | 63.1   |     |   |   | 59.4 |   |

----

| General Communication, Inc.                                                           |   |              |   |   |          |   |
|---------------------------------------------------------------------------------------|--------|-------------------|--------|--------|---------------|--------|
| Non-GAAP Financial Reconciliation Schedule                                            |   |              |   |   |          |   |
| (Unaudited, Amounts in Millions)                                                      |   |              |   |   |          |   |
|                                                                                  |   |              |   |   |          |   |
|                                                                                  |   |              |   |   |          |   |
|                                                                                  |   | Nine Months Ended |   |
|                                                                                  |   | September 30,     |   |   | September 30, |   |
|                                                                                  |   | 2012              |   |   | 2011          |   |
| Net income                                                                            |   | $                 | 8.6    |   |          |   | 6.6 |   |
| Income tax expense                                                                    |   |              | 10.4   |   |          |   | 7.3 |   |
| Income before income tax expense                                                      |   |              | 19.0   |   |          |   | 13.9 |   |
|                                                                                  |   |              |   |   |          |   |   |   |
| Other expense:                                                                        |   |              |   |   |          |   |   |   |
| Interest expense (including   amortization of deferred loan fees) |   |              | 50.9   |   |          |   | 51.4 |   |
| Loss on extingushment of debt                                                         |   |              | -      |   |          |   | 9.1 |   |
| Other                                                                                 |   |              | (0.2   | )      |          |   | 0.1 |   |
| Other expense, net                                                                    |   |              | 50.7   |   |          |   | 60.6 |   |
|                                                                                  |   |              |   |   |          |   |   |   |
| Operating income                                                                      |   |              | 69.7   |   |          |   | 74.5 |   |
| Depreciation and amortization expense                                                 |   |              | 97.9   |   |          |   | 93.3 |   |
| Other                                                                                 |   |              | 0.1    |   |          |   | - |   |
|                                                                                  |   |              |   |   |          |   |   |   |
| EBITDA (Note 2)                                                                       |   |              | 167.7  |   |          |   | 167.8 |   |
| Share-based compensation                                                              |   |              | 4.0    |   |          |   | 3.2 |   |
| Accretion                                                                             |   |              | 0.5    |   |          |   | 0.4 |   |
| Non-controlling interest                                                              |   |              | 0.5    |   |          |   | - |   |
| Non-cash contribution adjustment                                                      |   |              | 1.0    |   |          |   | - |   |
| Adjusted EBITDA (Note 1)                                                              |   | $                 | 173.7  |   |          |   | 171.4 |   |

----

| Notes:                                                                                        |
|-----------------------------------------------------------------------------------------------|
| (1) EBITDA (as defined in Note 2 below) before deducting share-based compensation,            |
| accretion expense, loss attributable to non-controlling interest and non-cash                 |
| contribution adjustment.                                                                      |
|                                                                                          |
| (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.                                                                                    |

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