----

|                        |
|------------------------|
|                        |  |  |  |
| ($ millions)           | 2Q 2014 | 2Q 2013 | 1Q  2014 |
| Wholesale Wireless     | 25 | 15 | 25 |
| Roaming and Backhaul   | 30 | 13 | 25 |
| USF Support            | 14 | 8 | 13 |
| Total Wireless Revenue | 69 | 36 | 63 |

----

|                            |
|----------------------------|
|                            |  |  |  |
| ($ millions)               | 2Q 2014 | 2Q 2013 | 1Q  2014 |
| Data Transport and Storage | 25 | 22 | 24 |
| Professional Services      | 11 | 17 | 11 |
| Total Data Revenue         | 36 | 39 | 35 |

|         |                                                                                            |
|---------|--------------------------------------------------------------------------------------------|
| • | GCI became the first Alaska carrier to provide a Lifeline service plan that includes data. |

|         |                                                                                                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------|
| • | GCI’s premiere data service, re:D, had its speed increased to 200 Mbps, and was launched in two additional markets. |

----

|         |                                                                                                                                                                                                 |
|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | On the video front, GCI strengthened its customer offerings with video on demand (VOD) launches in three new markets, and an expansion of fourteen new networks on GCI GO (TV Anywhere access). |

|         |                                                                                                          |
|---------|----------------------------------------------------------------------------------------------------------|
| • | Also on the video front, GCI is one of the first carriers in the U.S. to launch the Netflix app on TiVo. |

|         |                                                                                                                                                                                                                                                                                                                           |
|---------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | On July 28th, the Company announced the acquisition of three CBS broadcast stations in Southeast Alaska, KXLJ in Juneau, KTNL in Sitka, and KUBD in Ketchikan. Through its subsidiary, Denali Media Holdings, the Company now owns CBS and NBC affiliates in Southeast Alaska and the CBS affiliate KTVA-TV in Anchorage. |

----

----

|                                                                                                                                     |
|-------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                     |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                                        |
| CONSOLIDATED BALANCE SHEETS                                                                                                         |
| (Unaudited)                                                                                                                         |
| (Amounts in thousands)                                                                                                              |   |   |   |
|                                                                                                                                | June 30, |   | December 31, |
| ASSETS                                                                                                                              | 2014 |   | 2013 |
| Current assets:                                                                                                                     |   |   |   |
| Cash and cash equivalents                                                                                                           | $ | 82,329 |  |   | 44,971 |  |
|                                                                                                                                |   |   |   |
| Receivables (including $33,200 and $28,000 from a related party at June 30, 2014 and December 31, 2013, respectively)               | 203,550 |  |   | 228,372 |  |
| Less allowance for doubtful receivables                                                                                             | 3,052 |  |   | 2,346 |  |
| Net receivables                                                                                                                     | 200,498 |  |   | 226,026 |  |
|                                                                                                                                |   |   |   |
| Deferred income taxes                                                                                                               | 44,600 |  |   | 39,753 |  |
| Prepaid expenses                                                                                                                    | 12,713 |  |   | 7,725 |  |
| Inventories                                                                                                                         | 8,377 |  |   | 10,347 |  |
| Other current assets                                                                                                                | 166 |  |   | 230 |  |
| Total current assets                                                                                                                | 348,683 |  |   | 329,052 |  |
|                                                                                                                                |   |   |   |
| Property and equipment in service, net of depreciation                                                                              | 985,260 |  |   | 969,578 |  |
| Construction in progress                                                                                                            | 89,351 |  |   | 87,476 |  |
| Net property and equipment                                                                                                          | 1,074,611 |  |   | 1,057,054 |  |
|                                                                                                                                |   |   |   |
| Goodwill                                                                                                                            | 229,043 |  |   | 219,041 |  |
| Cable certificates                                                                                                                  | 191,635 |  |   | 191,635 |  |
| Wireless licenses                                                                                                                   | 86,347 |  |   | 91,400 |  |
| Other intangible assets, net of amortization                                                                                        | 64,526 |  |   | 71,435 |  |
| Deferred loan and senior notes costs, net of amortization of $7,607 and $6,545 at June 30, 2014 and December 31, 2013, respectively | 11,341 |  |   | 12,129 |  |
| Other assets                                                                                                                        | 54,958 |  |   | 40,061 |  |
| Total other assets                                                                                                                  | 637,850 |  |   | 625,701 |  |
| Total assets                                                                                                                        | $ | 2,061,144 |  |   | 2,011,807 |  |
|                                                                                                                                |   |   |   |

----

|                                                                                                                                                                                                                     |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                     |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                        |
| CONSOLIDATED BALANCE SHEETS                                                                                                                                                                                         |
| (Unaudited)                                                                                                                                                                                                         |
| (Continued)                                                                                                                                                                                                         |
| (Amounts in thousands)                                                                                                                                                                                              |   |   |   |
|                                                                                                                                                                                                                | June 30, |   | December 31, |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                          | 2014 |   | 2013 |
| Current liabilities:                                                                                                                                                                                                |   |   |   |
|   Current maturities of obligations under long-term debt and    capital leases                                                                                                        | $ | 10,681 |  |   | 9,301 |  |
| Accounts payable (including $10,900 and $11,200 to a related party at June 30, 2014 and December 31, 2013, respectively)                                                                                            | 57,138 |  |   | 65,095 |  |
| Deferred revenue                                                                                                                                                                                                    | 30,946 |  |   | 27,586 |  |
| Accrued payroll and payroll related obligations                                                                                                                                                                     | 25,516 |  |   | 29,855 |  |
| Accrued liabilities                                                                                                                                                                                                 | 16,995 |  |   | 14,359 |  |
| Accrued interest                                                                                                                                                                                                    | 6,704 |  |   | 7,088 |  |
| Subscriber deposits                                                                                                                                                                                                 | 1,138 |  |   | 1,326 |  |
| Total current liabilities                                                                                                                                                                                           | 149,118 |  |   | 154,610 |  |
|                                                                                                                                                                                                                |   |   |   |
| Long-term debt, net                                                                                                                                                                                                 | 1,082,990 |  |   | 1,045,144 |  |
| Obligations under capital leases, excluding current maturities                                                                                                                                                      | 70,609 |  |   | 66,261 |  |
| Obligation under capital lease due to related party, excluding  current maturity                                                                                                                          | 1,870 |  |   | 1,880 |  |
| Deferred income taxes                                                                                                                                                                                               | 166,665 |  |   | 161,476 |  |
| Long-term deferred revenue                                                                                                                                                                                          | 86,552 |  |   | 88,259 |  |
| Other liabilities                                                                                                                                                                                                   | 37,879 |  |   | 36,823 |  |
| Total liabilities                                                                                                                                                                                                   | 1,595,683 |  |   | 1,554,453 |  |
|                                                                                                                                                                                                                |   |   |   |
| Commitments and contingencies                                                                                                                                                                                       |   |   |   |
| Stockholders’ equity:                                                                                                                                                                                         |   |  |   |   |  |
| Common stock (no par):                                                                                                                                                                                              |   |  |   |   |  |
| Class A. Authorized 100,000 shares; issued 38,455 and 37,299 shares at June 30, 2014 and December 31, 2013, respectively; outstanding 38,429 and 37,209 shares at June 30, 2014 and December 31, 2013, respectively | 12,801 |  |   | 11,467 |  |
| Class B. Authorized 10,000 shares; issued and outstanding 3,162 and 3,165 shares at June 30, 2014 and December 31, 2013, respectively; convertible on a share-per-share basis into Class A common stock             | 2,670 |  |   | 2,673 |  |
| Less cost of 26 and 90 Class A common shares held in treasury at June 30, 2014 and December 31, 2013, respectively                                                                                                  | (249 | ) |   | (866 | ) |
| Paid-in capital                                                                                                                                                                                                     | 29,260 |  |   | 26,880 |  |
| Retained earnings                                                                                                                                                                                                   | 127,266 |  |   | 116,990 |  |
| Total General Communication, Inc. stockholders' equity                                                                                                                                                              | 171,748 |  |   | 157,144 |  |
| Non-controlling interests                                                                                                                                                                                           | 293,713 |  |   | 300,210 |  |
| Total stockholders’ equity                                                                                                                                                                                    | 465,461 |  |   | 457,354 |  |
| Total liabilities and stockholders’ equity                                                                                                                                                                    | $ | 2,061,144 |  |   | 2,011,807 |  |

----

|                                                                                                             |
|-------------------------------------------------------------------------------------------------------------|
|                                                                                                             |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                |   |   |   |   |
| CONSOLIDATED INCOME STATEMENTS                                                                              |   |   |   |   |
| (Unaudited)                                                                                                 |   |   |   |   |
|                                                                                                        |   |   |   |   |   |   |   |
|                                                                                                        | Three Months Ended |   | Six Months Ended |
|                                                                                                        | June 30, |   | June 30, |
| (Amounts in thousands, except per share amounts)                                                            | 2014 |   | 2013 |   | 2014 |   | 2013 |
| Revenues:                                                                                                   |   |   |   |   |   |   |   |
| Non-related party                                                                                           | $ | 210,236 |  |   | 189,661 |  |   | 410,739 |  |   | 375,877 |  |
| Related party                                                                                               | 14,163 |  |   | — |  |   | 29,943 |  |   | — |  |
| Total revenues                                                                                              | 224,399 |  |   | 189,661 |  |   | 440,682 |  |   | 375,877 |  |
|                                                                                                        |   |   |   |   |   |   |   |
| Cost of goods sold (exclusive of depreciation and amortization shown separately below):                     |   |   |   |   |   |   |   |
| Non-related party                                                                                           | 69,707 |  |   | 65,699 |  |   | 138,850 |  |   | 130,309 |  |
| Related party                                                                                               | 2,675 |  |   | — |  |   | 5,306 |  |   | — |  |
| Total cost of goods sold                                                                                    | 72,382 |  |   | 65,699 |  |   | 144,156 |  |   | 130,309 |  |
|                                                                                                        |   |   |   |   |   |   |   |
| Selling, general and administrative expenses:                                                               |   |   |   |   |   |   |   |
| Non-related party                                                                                           | 68,685 |  |   | 63,871 |  |   | 139,427 |  |   | 128,418 |  |
| Related party                                                                                               | 1,132 |  |   | — |  |   | 2,282 |  |   | — |  |
| Total selling, general and administrative expenses                                                          | 69,817 |  |   | 63,871 |  |   | 141,709 |  |   | 128,418 |  |
|                                                                                                        |   |   |   |   |   |   |   |
| Depreciation and amortization expense                                                                       | 43,786 |  |   | 34,396 |  |   | 86,138 |  |   | 68,395 |  |
| Operating income                                                                                            | 38,414 |  |   | 25,695 |  |   | 68,679 |  |   | 48,755 |  |
|                                                                                                        |   |   |   |   |   |   |   |
| Other expense:                                                                                              |   |   |   |   |   |   |   |
| Interest expense (including amortization of deferred loan fees)                                             | (18,170 | ) |   | (17,527 | ) |   | (36,381 | ) |   | (34,431 | ) |
| Other                                                                                                       | (1,049 | ) |   | 53 |  |   | (1,146 | ) |   | 53 |  |
| Other expense                                                                                               | (19,219 | ) |   | (17,474 | ) |   | (37,527 | ) |   | (34,378 | ) |
| Income before income tax expense                                                                            | 19,195 |  |   | 8,221 |  |   | 31,152 |  |   | 14,377 |  |
| Income tax expense                                                                                          | (127 | ) |   | (4,158 | ) |   | (342 | ) |   | (7,187 | ) |
|                                                                                                        |   |   |   |   |   |   |   |
| Net income                                                                                                  | 19,068 |  |   | 4,063 |  |   | 30,810 |  |   | 7,190 |  |
| Net income (loss) attributable to non-controlling interests                                                 | 10,913 |  |   | (117 | ) |   | 20,534 |  |   | (234 | ) |
| Net income attributable to General Communication, Inc.                                                      | $ | 8,155 |  |   | 4,180 |  |   | 10,276 |  |   | 7,424 |  |
| Basic net income attributable to General Communication, Inc. common stockholders per Class A common share   | $ | 0.20 |  |   | 0.10 |  |   | 0.25 |  |   | 0.18 |  |
| Basic net income attributable to General Communication, Inc. common stockholders per Class B common share   | $ | 0.20 |  |   | 0.10 |  |   | 0.25 |  |   | 0.18 |  |
| Diluted net income attributable to General Communication, Inc. common stockholders per Class A common share | $ | 0.20 |  |   | 0.10 |  |   | 0.25 |  |   | 0.18 |  |
| Diluted net income attributable to General Communication, Inc. common stockholders per Class B common share | $ | 0.20 |  |   | 0.10 |  |   | 0.25 |  |   | 0.18 |  |
| Common shares used to calculate Class A basic EPS                                                           | 38,383 |  |   | 37,979 |  |   | 38,186 |  |   | 38,117 |  |
| Common shares used to calculate Class A diluted EPS                                                         | 41,693 |  |   | 41,365 |  |   | 41,495 |  |   | 41,542 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |
|                                         | Second Quarter 2014 |   | Second Quarter 2013 |
|                                         | Wireless | Wireline |   |   | Wireless | Wireline |   |
|                                         | Segment | Segment | Total |   | Segment | Segment | Total |
| Revenues                                     |   |   |   |   |   |   |   |
|   Wireless                         | $ | 69,397 |  | 7,149 |  | 76,546 |  |   | 35,559 |  | 7,944 |  | 43,503 |  |
|   Data                             | — |  | 88,475 |  | 88,475 |  |   | — |  | 87,177 |  | 87,177 |  |
|   Video                            | — |  | 34,478 |  | 34,478 |  |   | — |  | 31,207 |  | 31,207 |  |
|   Voice                            | — |  | 24,900 |  | 24,900 |  |   | — |  | 27,774 |  | 27,774 |  |
|     Total                | 69,397 |  | 155,002 |  | 224,399 |  |   | 35,559 |  | 154,102 |  | 189,661 |  |
|                                         |   |   |   |   |   |   |   |
| Cost of goods sold                           | 23,500 |  | 48,882 |  | 72,382 |  |   | 16,573 |  | 49,126 |  | 65,699 |  |
|                                         |   |   |   |   |   |   |   |
|     Contribution         | 45,897 |  | 106,120 |  | 152,017 |  |   | 18,986 |  | 104,976 |  | 123,962 |  |
|                                         |   |   |   |   |   |   |   |
| Less SG&A                                | 5,894 |  | 63,923 |  | 69,817 |  |   | 4,652 |  | 59,219 |  | 63,871 |  |
| Less (plus) other expense                    | — |  | 1,052 |  | 1,052 |  |   | — |  | (49 | ) | (49 | ) |
|     EBITDA               | 40,003 |  | 41,145 |  | 81,148 |  |   | 14,334 |  | 45,806 |  | 60,140 |  |
|                                         |   |   |   |   |   |   |   |
| Share-based compensation                     | — |  | 2,193 |  | 2,193 |  |   | (104 | ) | 1,751 |  | 1,647 |  |
| Accretion                                    | 171 |  | 130 |  | 301 |  |   | 43 |  | 112 |  | 155 |  |
| Other                                        | — |  | 829 |  | 829 |  |   | — |  | 197 |  | 197 |  |
|     Adjusted EBITDA      | $ | 40,174 |  | 44,297 |  | 84,471 |  |   | 14,273 |  | 47,866 |  | 62,139 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |
|                                         | Second Quarter 2014 |   | First Quarter 2014 |
|                                         | Wireless | Wireline |   |   | Wireless | Wireline |   |
|                                         | Segment | Segment | Total |   | Segment | Segment | Total |
| Revenues                                     |   |   |   |   |   |   |   |
|   Wireless                         | $ | 69,397 |  | 7,149 |  | 76,546 |  |   | 62,517 |  | 8,236 |  | 70,753 |  |
|   Data                             | — |  | 88,475 |  | 88,475 |  |   | — |  | 87,613 |  | 87,613 |  |
|   Video                            | — |  | 34,478 |  | 34,478 |  |   | — |  | 32,401 |  | 32,401 |  |
|   Voice                            | — |  | 24,900 |  | 24,900 |  |   | — |  | 25,516 |  | 25,516 |  |
|     Total                | 69,397 |  | 155,002 |  | 224,399 |  |   | 62,517 |  | 153,766 |  | 216,283 |  |
|                                         |   |   |   |   |   |   |   |
| Cost of goods sold                           | 23,500 |  | 48,882 |  | 72,382 |  |   | 18,713 |  | 53,061 |  | 71,774 |  |
|                                         |   |   |   |   |   |   |   |
|     Contribution         | 45,897 |  | 106,120 |  | 152,017 |  |   | 43,804 |  | 100,705 |  | 144,509 |  |
|                                         |   |   |   |   |   |   |   |
| Less SG&A                                | 5,894 |  | 63,923 |  | 69,817 |  |   | 5,958 |  | 65,934 |  | 71,892 |  |
| Less other expense                           | — |  | 1,052 |  | 1,052 |  |   | — |  | 97 |  | 97 |  |
|     EBITDA               | 40,003 |  | 41,145 |  | 81,148 |  |   | 37,846 |  | 34,674 |  | 72,520 |  |
|                                         |   |   |   |   |   |   |   |
| Share-based compensation                     | — |  | 2,193 |  | 2,193 |  |   | — |  | 1,778 |  | 1,778 |  |
| Accretion                                    | 171 |  | 130 |  | 301 |  |   | 176 |  | 125 |  | 301 |  |
| Other                                        | — |  | 829 |  | 829 |  |   | — |  | 198 |  | 198 |  |
|     Adjusted EBITDA      | $ | 40,174 |  | 44,297 |  | 84,471 |  |   | 38,022 |  | 36,775 |  | 74,797 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |
|                                         | Six Months Ended June 30, 2014 |   | Six Months Ended June 30, 2013 |
|                                         | Wireless | Wireline |   |   | Wireless | Wireline |   |
|                                         | Segment | Segment | Total |   | Segment | Segment | Total |
| Revenues                                     |   |   |   |   |   |   |   |
|   Wireless                         | $ | 131,914 |  | 15,385 |  | 147,299 |  |   | 69,396 |  | 15,169 |  | 84,565 |  |
|   Data                             | — |  | 176,088 |  | 176,088 |  |   | — |  | 174,049 |  | 174,049 |  |
|   Video                            | — |  | 66,879 |  | 66,879 |  |   | — |  | 62,293 |  | 62,293 |  |
|   Voice                            | — |  | 50,416 |  | 50,416 |  |   | — |  | 54,970 |  | 54,970 |  |
|     Total                | 131,914 |  | 308,768 |  | 440,682 |  |   | 69,396 |  | 306,481 |  | 375,877 |  |
|                                         |   |   |   |   |   |   |   |
| Cost of goods sold                           | 42,213 |  | 101,943 |  | 144,156 |  |   | 30,985 |  | 99,324 |  | 130,309 |  |
|                                         |   |   |   |   |   |   |   |
|     Contribution         | 89,701 |  | 206,825 |  | 296,526 |  |   | 38,411 |  | 207,157 |  | 245,568 |  |
|                                         |   |   |   |   |   |   |   |
| Less SG&A                                | 11,852 |  | 129,857 |  | 141,709 |  |   | 9,069 |  | 119,349 |  | 128,418 |  |
| Less other expense                           | — |  | 1,149 |  | 1,149 |  |   | — |  | (53 | ) | (53 | ) |
|     EBITDA               | 77,849 |  | 75,819 |  | 153,668 |  |   | 29,342 |  | 87,861 |  | 117,203 |  |
|                                         |   |   |   |   |   |   |   |
| Share-based compensation                     | — |  | 3,971 |  | 3,971 |  |   | — |  | 2,906 |  | 2,906 |  |
| Accretion                                    | 347 |  | 255 |  | 602 |  |   | 120 |  | 162 |  | 282 |  |
| Other                                        | — |  | 1,027 |  | 1,027 |  |   | — |  | 397 |  | 397 |  |
|     Adjusted EBITDA      | $ | 78,196 |  | 81,072 |  | 159,268 |  |   | 29,462 |  | 91,326 |  | 120,788 |  |

----

|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES    |
| WIRELINE SEGMENT SUPPLEMENTAL REVENUE SCHEDULES |
| (Unaudited)                                     |
| (Amounts in thousands)                          |   |   |   |   |   |   |   |   |   |
|                                            | Second Quarter 2014 |   | Second Quarter 2013 |
|                                            |   | Business | Managed |   |   |   | Business | Managed |   |
|                                            | Consumer | Services | Broadband | Total |   | Consumer | Services | Broadband | Total |
| Revenues                                        |   |   |   |   |   |   |   |   |   |
|   Wireless                            | $ | 6,360 |  | 789 |  | — |  | 7,149 |  |   | 7,180 |  | 764 |  | — |  | 7,944 |  |
|   Data                                | 27,313 |  | 35,554 |  | 25,608 |  | 88,475 |  |   | 24,413 |  | 39,394 |  | 23,370 |  | 87,177 |  |
|   Video                               | 26,871 |  | 7,607 |  | — |  | 34,478 |  |   | 27,740 |  | 3,467 |  | — |  | 31,207 |  |
|   Voice                               | 8,279 |  | 11,359 |  | 5,262 |  | 24,900 |  |   | 9,141 |  | 13,253 |  | 5,380 |  | 27,774 |  |
|     Total                   | $ | 68,823 |  | 55,309 |  | 30,870 |  | 155,002 |  |   | 68,474 |  | 56,878 |  | 28,750 |  | 154,102 |  |
|                                            |   |   |   |   |   |   |   |   |   |
| (Amounts in thousands)                          |   |   |   |   |   |   |   |   |   |
|                                            | Second Quarter 2014 |   | First Quarter 2014 |
|                                            |   | Business | Managed |   |   |   | Business | Managed |   |
|                                            | Consumer | Services | Broadband | Total |   | Consumer | Services | Broadband | Total |
| Revenues                                        |   |   |   |   |   |   |   |   |   |
|   Wireless                            | $ | 6,360 |  | 789 |  | — |  | 7,149 |  |   | 7,491 |  | 745 |  | — |  | 8,236 |  |
|   Data                                | 27,313 |  | 35,554 |  | 25,608 |  | 88,475 |  |   | 26,944 |  | 34,840 |  | 25,829 |  | 87,613 |  |
|   Video                               | 26,871 |  | 7,607 |  | — |  | 34,478 |  |   | 27,249 |  | 5,152 |  | — |  | 32,401 |  |
|   Voice                               | 8,279 |  | 11,359 |  | 5,262 |  | 24,900 |  |   | 8,445 |  | 11,741 |  | 5,330 |  | 25,516 |  |
|     Total                   | $ | 68,823 |  | 55,309 |  | 30,870 |  | 155,002 |  |   | 70,129 |  | 52,478 |  | 31,159 |  | 153,766 |  |
|                                            |   |   |   |   |   |   |   |   |   |
| (Amounts in thousands)                          |   |   |   |   |   |   |   |   |   |
|                                            | Six Months Ended June 30, 2014 |   | Six Months Ended June 30, 2013 |
|                                            |   | Business | Managed |   |   |   | Business | Managed |   |
|                                            | Consumer | Services | Broadband | Total |   | Consumer | Services | Broadband | Total |
| Revenues                                        |   |   |   |   |   |   |   |   |   |
|   Wireless                            | $ | 13,851 |  | 1,534 |  | — |  | 15,385 |  |   | 13,726 |  | 1,443 |  | — |  | 15,169 |  |
|   Data                                | 54,257 |  | 70,394 |  | 51,437 |  | 176,088 |  |   | 48,469 |  | 79,530 |  | 46,050 |  | 174,049 |  |
|   Video                               | 54,120 |  | 12,759 |  | — |  | 66,879 |  |   | 55,701 |  | 6,592 |  | — |  | 62,293 |  |
|   Voice                               | 16,724 |  | 23,100 |  | 10,592 |  | 50,416 |  |   | 18,671 |  | 25,580 |  | 10,719 |  | 54,970 |  |
|     Total                   | $ | 138,952 |  | 107,787 |  | 62,029 |  | 308,768 |  |   | 136,567 |  | 113,145 |  | 56,769 |  | 306,481 |  |
|                                            |   |   |   |   |   |   |   |   |   |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| KEY PERFORMANCE INDICATORS                   |
| (Unaudited)                                  |
|                                         |   |   |   |   |   |   |   |   |   |   |
|                                         |   |   |   |   |   | June 30, 2014 |   | June 30, 2014 |
|                                         |   |  |   | as compared to |   | as compared to |
|                                         |   | June 30, | June 30, | March 31, |   | June 30, | March 31, |   | June 30, | March 31, |
|                                         |   | 2014 | 2013 | 2014 |   | 2013 | 2014 |   | 2013 | 2014 |
| Wireline Segment                             |   |   |   |   |   |   |   |   |   |
| Consumer                                     |   |   |   |   |   |   |   |   |   |
| Data                                         |   |   |   |   |   |   |   |   |   |
|                                         | Cable modem subscribers | 115,600 |  | 115,600 |  | 116,400 |  |   | — |  | (800 | ) |   | — |  % | (0.7 | )% |
| Video                                        |   |   |   |   |   |   |   |   |   |
|                                         | Basic subscribers | 116,300 |  | 119,600 |  | 118,000 |  |   | (3,300 | ) | (1,700 | ) |   | (2.8 | )% | (1.4 | )% |
|                                         | Digital programming tier subscribers | 65,200 |  | 69,500 |  | 66,900 |  |   | (4,300 | ) | (1,700 | ) |   | (6.2 | )% | (2.5 | )% |
|                                         | HD/DVR converter boxes | 103,400 |  | 89,900 |  | 101,200 |  |   | 13,500 |  | 2,200 |  |   | 15.0 |  % | 2.2 |  % |
|                                         | Homes passed | 248,000 |  | 245,100 |  | 248,000 |  |   | 2,900 |  | — |  |   | 1.2 |  % | — |  % |
| Voice                                        |   |   |   |   |   |   |   |   |   |
|                                         | Local access lines in service | 57,700 |  | 65,200 |  | 59,800 |  |   | (7,500 | ) | (2,100 | ) |   | (11.5 | )% | (3.5 | )% |
|                                         | Local access lines in service on GCI facilities | 53,800 |  | 60,800 |  | 55,700 |  |   | (7,000 | ) | (1,900 | ) |   | (11.5 | )% | (3.4 | )% |
| Business Services                            |   |   |   |   |   |   |   |   |   |
| Data                                         |   |   |   |   |   |   |   |   |   |
|                                         | Cable modem subscribers | 14,200 |  | 14,100 |  | 14,000 |  |   | 100 |  | 200 |  |   | 0.7 |  % | 1.4 |  % |
| Video                                        |   |   |   |   |   |   |   |   |   |
|                                         | Hotels and mini-headend subscribers | 20,600 |  | 20,800 |  | 17,000 |  |   | (200 | ) | 3,600 |  |   | (1.0 | )% | 21.2 |  % |
|                                         | Basic subscribers | 2,000 |  | 2,000 |  | 2,000 |  |   | — |  | — |  |   | — |  % | — |  % |
|                                         | Total basic subscribers | 22,600 |  | 22,800 |  | 19,000 |  |   | (200 | ) | 3,600 |  |   | -0.9 |  % | 18.9 |  % |
| Voice                                        |   |   |   |   |   |   |   |   |   |
|                                         | Local access lines in service | 48,200 |  | 50,500 |  | 48,500 |  |   | (2,300 | ) | (300 | ) |   | (4.6 | )% | (0.6 | )% |
|                                         | Local access lines in service on GCI facilities | 35,000 |  | 35,600 |  | 35,000 |  |   | (600 | ) | — |  |   | (1.7 | )% | — |  % |
| Consumer and Business Services Combined      |
| Wireless                                     |   |   |   |   |   |   |   |   |   |
|                                         | Consumer Lifeline lines in service | 28,200 |  | 32,600 |  | 29,500 |  |   | (4,400 | ) | (1,300 | ) |   | (13.5 | )% | (4.4 | )% |
|                                         | Consumer Non-Lifeline lines in service | 96,700 |  | 92,800 |  | 94,400 |  |   | 3,900 |  | 2,300 |  |   | 4.2 |  % | 2.4 |  % |
|                                         | Business Services Non-Lifeline lines in service | 18,500 |  | 17,500 |  | 18,500 |  |   | 1,000 |  | — |  |   | 5.7 |  % | — |  % |
|                                         | Total wireless lines in service | 143,400 |  | 142,900 |  | 142,400 |  |   | 500 |  | 1,000 |  |   | 0.3 |  % | 0.7 |  % |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| KEY PERFORMANCE INDICATORS                   |
| (Unaudited)                                  |
|                                         |   |   |   |   |   |   |   |   |   |   |
|                                         |   |   |   |   | June 30, 2014 |   | June 30, 2014 |
|                                         |   | Three Months Ended |   | as compared to |   | as compared to |
|                                         |   | June 30, | June 30, | March 31, |   | June 30, | March 31, |   | June 30, | March 31, |
|                                         |   | 2014 | 2013 | 2014 |   | 2013 | 2014 |   | 2013 | 2014 |
| Wireline segment                             |   |   |   |   |   |   |   |   |   |
| Consumer                                     |   |   |   |   |   |   |   |   |   |
| Video                                        |   |   |   |   |   |   |   |   |   |
|                                         | Average monthly revenue per subscriber | $ | 76.49 |  | $ | 76.47 |  | $ | 76.98 |  |   | $ | 0.02 |  | $ | (0.49 | ) |   | — |  % | (0.6 | )% |
|                                         |   |   |   |   |   |   |   |   |   |   |
| Combined Consumer and Business Services      |   |   |   |   |   |   |
| Data                                         |   |   |   |   |   |   |   |   |   |
|                                         | Average monthly revenue per cable modem subscriber | $ | 76.83 |  | $ | 68.25 |  | $ | 75.93 |  |   | $ | 8.58 |  | $ | 0.90 |  |   | 12.6 |  % | 1.2 |  % |
|                                         |   |   |   |   |   |   |   |   |   |   |
| Wireless                                     |   |   |   |   |   |   |   |   |   |
|                                         | Average monthly revenue per subscriber | $ | 49.95 |  | $ | 49.99 |  | $ | 51.48 |  |   | $ | (0.04 | ) | $ | (1.53 | ) |   | (0.1 | )% | (3.0 | )% |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| General Communication, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |   |   |   |   |
| Non-GAAP Financial Reconciliation Schedule                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   |   |   |   |   |   |
| (Unaudited, Amounts in Thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | Three Months Ended |   | Six Months Ended |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | June 30, |   | June 30, |   | March 31, |   | June 30, |   | June 30, |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   | 2014 |   | 2013 |   | 2014 |   | 2014 |   | 2013 |
| Net income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | $ | 19,068 |  |   | 4,063 |  |   | 11,742 |  |   | 30,810 |  |   | 7,190 |  |
| Income tax expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 127 |  |   | 4,158 |  |   | 215 |  |   | 342 |  |   | 7,187 |  |
| Income before income tax expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 19,195 |  |   | 8,221 |  |   | 11,957 |  |   | 31,152 |  |   | 14,377 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Other expense:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |   |   |
| Interest expense (including amortization of deferred loan fees)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 18,170 |  |   | 17,527 |  |   | 18,211 |  |   | 36,381 |  |   | 34,431 |  |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 1,049 |  |   | (53 | ) |   | 97 |  |   | 1,146 |  |   | (53 | ) |
| Other expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 19,219 |  |   | 17,474 |  |   | 18,308 |  |   | 37,527 |  |   | 34,378 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Operating income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | 38,414 |  |   | 25,695 |  |   | 30,265 |  |   | 68,679 |  |   | 48,755 |  |
| Depreciation and amortization expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 43,786 |  |   | 34,396 |  |   | 42,352 |  |   | 86,138 |  |   | 68,395 |  |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | (1,052 | ) |   | 49 |  |   | (97 | ) |   | (1,149 | ) |   | 53 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| EBITDA (Note 2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 81,148 |  |   | 60,140 |  |   | 72,520 |  |   | 153,668 |  |   | 117,203 |  |
| Share-based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | 2,193 |  |   | 1,647 |  |   | 1,778 |  |   | 3,971 |  |   | 2,906 |  |
| Accretion                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 301 |  |   | 155 |  |   | 301 |  |   | 602 |  |   | 282 |  |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 829 |  |   | 197 |  |   | 198 |  |   | 1,027 |  |   | 397 |  |
| Adjusted EBITDA (Note 1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | $ | 84,471 |  |   | 62,139 |  |   | 74,797 |  |   | 159,268 |  |   | 120,788 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Notes:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |   |   |   |   |   |   |   |
| (1) EBITDA (as defined in Note 2 below) before deducting share-based compensation, accretion expense, net income or loss attributable to non-controlling interests resulting from New Markets Tax Credit transactions, non-cash contribution adjustment, and other non-cash adjustments.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| (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. |