|         |                                                         |
|---------|---------------------------------------------------------|
| • | Closed on the Alaska Wireless Network (AWN) transaction |

|         |                                  |
|---------|----------------------------------|
| • | Refinanced $425 million in bonds |

|         |                                                                                                                                 |
|---------|---------------------------------------------------------------------------------------------------------------------------------|
| • | Successfully transitioned former ACS wireless customers onto the Company’s customer care and billing system on April 12th |

|                         |
|-------------------------|
|                         |  |  |  |
|                    | 1Q15 | 1Q14 | 4Q14 |
| Wireless Subscribers    | 238,600 | 142,400 | 149,600 |
| Wireless ARPU           | $48.23 | $50.01 | $50.16 |
| Cable Modem Subscribers | 135,800 | 130,400 | 133,200 |
| Data ARPU               | $83.93 | $75.93 | $83.01 |

----

|                        |
|------------------------|
|                        |  |  |  |
| ($ millions)           | 1Q15 | 1Q14 | 4Q14 |
| Wholesale Wireless     | 21 | 25 | 25 |
| Roaming and Backhaul   | 24 | 25 | 23 |
| USF Support            | 14 | 13 | 14 |
| Total Wireless Revenue | 59 | 63 | 62 |

----

----

|         |                                                      |
|---------|------------------------------------------------------|
| • | Revenues will be in the range of $920 - 970 million. |

|         |                                                                                                                                              |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------|
| • | Adjusted EBITDA of $310 - 335 million, which excludes one-time costs for the transition of ACS wireless customers and network assets to GCI. |

|         |                                                                                                                                                                                                                            |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| • | Core capital expenditures will be approximately $170 million, of which approximately $45 million will be on wireless network projects, and approximately $85 million will be on other network and infrastructure projects. |

----

----

|                                                                                                                                      |
|--------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                      |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                                         |
| CONSOLIDATED BALANCE SHEETS                                                                                                          |
| (Unaudited)                                                                                                                          |
| (Amounts in thousands)                                                                                                               |   |   |   |
|                                                                                                                                 | March 31 |   | December 31, |
| ASSETS                                                                                                                               | 2015 |   | 2014 |
| Current assets:                                                                                                                      |   |   |   |
| Cash and cash equivalents                                                                                                            | $ | 42,807 |  |   | 15,402 |  |
|                                                                                                                                 |   |   |   |
| Receivables (including $0 and $27,944 from a related party at March 31, 2015 and December 31, 2014, respectively)                    | 198,721 |  |   | 212,441 |  |
| Less allowance for doubtful receivables                                                                                              | 6,152 |  |   | 4,542 |  |
| Net receivables                                                                                                                      | 192,569 |  |   | 207,899 |  |
|                                                                                                                                 |   |   |   |
| Deferred income taxes                                                                                                                | 64,620 |  |   | 56,120 |  |
| Inventories                                                                                                                          | 14,537 |  |   | 17,032 |  |
| Prepaid expenses                                                                                                                     | 13,644 |  |   | 12,179 |  |
| Other current assets                                                                                                                 | 3,146 |  |   | 153 |  |
| Total current assets                                                                                                                 | 331,323 |  |   | 308,785 |  |
|                                                                                                                                 |   |   |   |
| Property and equipment in service, net of depreciation                                                                               | 995,343 |  |   | 1,013,242 |  |
| Construction in progress                                                                                                             | 88,048 |  |   | 99,240 |  |
| Net property and equipment                                                                                                           | 1,083,391 |  |   | 1,112,482 |  |
|                                                                                                                                 |   |   |   |
| Goodwill                                                                                                                             | 233,335 |  |   | 229,560 |  |
| Cable certificates                                                                                                                   | 191,635 |  |   | 191,635 |  |
| Wireless licenses                                                                                                                    | 86,347 |  |   | 86,347 |  |
| Other intangible assets, net of amortization                                                                                         | 65,573 |  |   | 66,015 |  |
| Deferred loan and senior notes costs, net of amortization of $9,157 and $8,644 at March 31, 2015 and December 31, 2014, respectively | 16,758 |  |   | 10,949 |  |
| Other assets                                                                                                                         | 37,819 |  |   | 52,725 |  |
| Total other assets                                                                                                                   | 631,467 |  |   | 637,231 |  |
| Total assets                                                                                                                         | $ | 2,046,181 |  |   | 2,058,498 |  |
|                                                                                                                                 |   |   |   |

----

|                                                                                                                                                                                                                       |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                       |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                          |
| CONSOLIDATED BALANCE SHEETS                                                                                                                                                                                           |
| (Unaudited)                                                                                                                                                                                                           |
| (Continued)                                                                                                                                                                                                           |
| (Amounts in thousands)                                                                                                                                                                                                |   |   |   |
|                                                                                                                                                                                                                  | March 31 |   | December 31, |
| LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                            | 2015 |   | 2014 |
| Current liabilities:                                                                                                                                                                                                  |   |   |   |
|   Current maturities of obligations under long-term debt and    capital leases                                                                                                          | $ | 11,594 |  |   | 8,722 |  |
| Accounts payable (including $0 and $7,447 to a related party at March 31, 2015 and December 31, 2014, respectively)                                                                                                   | 54,699 |  |   | 76,918 |  |
| Deferred revenue                                                                                                                                                                                                      | 30,129 |  |   | 29,314 |  |
| Accrued payroll and payroll related obligations                                                                                                                                                                       | 27,153 |  |   | 32,803 |  |
| Accrued interest                                                                                                                                                                                                      | 24,265 |  |   | 6,654 |  |
| Accrued liabilities                                                                                                                                                                                                   | 18,381 |  |   | 14,457 |  |
| Subscriber deposits                                                                                                                                                                                                   | 1,537 |  |   | 1,212 |  |
| Total current liabilities                                                                                                                                                                                             | 167,758 |  |   | 170,080 |  |
|                                                                                                                                                                                                                  |   |   |   |
| Long-term debt, net                                                                                                                                                                                                   | 1,322,826 |  |   | 1,036,056 |  |
| Obligations under capital leases, excluding current maturities                                                                                                                                                        | 64,388 |  |   | 66,499 |  |
| Obligation under capital lease due to related party, excluding  current maturity                                                                                                                            | 1,849 |  |   | 1,857 |  |
| Deferred income taxes                                                                                                                                                                                                 | 189,571 |  |   | 187,872 |  |
| Long-term deferred revenue                                                                                                                                                                                            | 99,364 |  |   | 85,734 |  |
| Other liabilities                                                                                                                                                                                                     | 67,494 |  |   | 43,178 |  |
| Total liabilities                                                                                                                                                                                                     | 1,913,250 |  |   | 1,591,276 |  |
|                                                                                                                                                                                                                  |   |   |   |
| Commitments and contingencies                                                                                                                                                                                         |   |   |   |
| Stockholders’ equity:                                                                                                                                                                                           |   |  |   |   |  |
| Common stock (no par):                                                                                                                                                                                                |   |  |   |   |  |
| Class A. Authorized 100,000 shares; issued 37,458 and 37,998 shares at March 31, 2015 and December 31, 2014, respectively; outstanding 37,432 and 37,972 shares at March 31, 2015 and December 31, 2014, respectively | — |  |   | 13,617 |  |
| Class B. Authorized 10,000 shares; issued and outstanding 3,158 and 3,159 at March 31, 2015 and December 31, 2014, respectively; convertible on a share-per-share basis into Class A common stock                     | 2,667 |  |   | 2,668 |  |
| Less cost of 26 Class A common shares held in treasury at March 31, 2015 and December 31, 2014                                                                                                                        | (249 | ) |   | (249 | ) |
| Paid-in capital                                                                                                                                                                                                       | (9,140 | ) |   | 26,773 |  |
| Retained earnings                                                                                                                                                                                                     | 105,163 |  |   | 124,547 |  |
| Total General Communication, Inc. stockholders' equity                                                                                                                                                                | 98,441 |  |   | 167,356 |  |
| Non-controlling interests                                                                                                                                                                                             | 34,490 |  |   | 299,866 |  |
| Total stockholders’ equity                                                                                                                                                                                      | 132,931 |  |   | 467,222 |  |
| Total liabilities and stockholders’ equity                                                                                                                                                                      | $ | 2,046,181 |  |   | 2,058,498 |  |

----

|                                                                                                                    |
|--------------------------------------------------------------------------------------------------------------------|
|                                                                                                                    |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES                                                                       |
| CONSOLIDATED INCOME STATEMENTS                                                                                     |
| (Unaudited)                                                                                                        |
|                                                                                                               |   |   |   |
|                                                                                                               | Three Months Ended |
|                                                                                                               | March 31, |
| (Amounts in thousands, except per share amounts)                                                                   | 2015 |   | 2014 |
| Revenues:                                                                                                          |   |   |   |
| Non-related party                                                                                                  | $ | 225,806 |  |   | 200,503 |  |
| Related party                                                                                                      | 5,283 |  |   | 15,780 |  |
| Total revenues                                                                                                     | 231,089 |  |   | 216,283 |  |
|                                                                                                               |   |   |   |
| Cost of goods sold (exclusive of depreciation and amortization shown separately below):                            |   |   |   |
| Non-related party                                                                                                  | 73,887 |  |   | 69,143 |  |
| Related party                                                                                                      | 881 |  |   | 2,631 |  |
| Total cost of goods sold                                                                                           | 74,768 |  |   | 71,774 |  |
|                                                                                                               |   |   |   |
| Selling, general and administrative expenses:                                                                      |   |   |   |
| Non-related party                                                                                                  | 83,388 |  |   | 70,742 |  |
| Related party                                                                                                      | 540 |  |   | 1,150 |  |
| Total selling, general and administrative expenses                                                                 | 83,928 |  |   | 71,892 |  |
|                                                                                                               |   |   |   |
| Depreciation and amortization expense                                                                              | 45,235 |  |   | 42,352 |  |
| Software write-off                                                                                                 | 26,417 |  |   | — |  |
| Operating income                                                                                                   | 741 |  |   | 30,265 |  |
|                                                                                                               |   |   |   |
| Other income (expense):                                                                                            |   |   |   |
| Interest expense (including amortization of deferred loan fees)                                                    | (20,985 | ) |   | (18,211 | ) |
| Derivative instrument unrealized loss                                                                              | (2,120 | ) |   | — |  |
| Other                                                                                                              | (3,147 | ) |   | (97 | ) |
| Other expense, net                                                                                                 | (26,252 | ) |   | (18,308 | ) |
|                                                                                                               |   |   |   |
| Income (loss) before income taxes                                                                                  | (25,511 | ) |   | 11,957 |  |
| Income tax (expense) benefit                                                                                       | 6,786 |  |   | (1,196 | ) |
| Net income (loss)                                                                                                  | (18,725 | ) |   | 10,761 |  |
|                                                                                                               |   |   |   |
| Net income attributable to non-controlling interests                                                               | 544 |  |   | 9,621 |  |
| Net income (loss) attributable to General Communication, Inc.                                                      | $ | (19,269 | ) |   | 1,140 |  |
|                                                                                                               |   |   |   |
| Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share   | $ | (0.49 | ) |   | 0.03 |  |
| Basic net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share   | $ | (0.49 | ) |   | 0.03 |  |
| Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class A common share | $ | (0.49 | ) |   | 0.03 |  |
| Diluted net income (loss) attributable to General Communication, Inc. common stockholders per Class B common share | $ | (0.49 | ) |   | 0.03 |  |
| Common shares used to calculate Class A basic EPS                                                                  | 36,217 |  |   | 36,081 |  |
| Common shares used to calculate Class A diluted EPS                                                                | 39,376 |  |   | 39,362 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |
|                                         | First Quarter 2015 |   | First Quarter 2014 |
|                                         | Wireless | Wireline |   |   | Wireless | Wireline |   |
|                                         | Segment | Segment | Total |   | Segment | Segment | Total |
| Revenues                                     |   |   |   |   |   |   |   |
|   Wireless                         | $ | 59,204 |  | 18,204 |  | 77,408 |  |   | 62,517 |  | 8,236 |  | 70,753 |  |
|   Data                             | — |  | 96,446 |  | 96,446 |  |   | — |  | 87,613 |  | 87,613 |  |
|   Video                            | — |  | 33,639 |  | 33,639 |  |   | — |  | 32,401 |  | 32,401 |  |
|   Voice                            | — |  | 23,596 |  | 23,596 |  |   | — |  | 25,516 |  | 25,516 |  |
|     Total                | 59,204 |  | 171,885 |  | 231,089 |  |   | 62,517 |  | 153,766 |  | 216,283 |  |
|                                         |   |   |   |   |   |   |   |
| Cost of goods sold                           | 17,531 |  | 57,237 |  | 74,768 |  |   | 18,713 |  | 53,061 |  | 71,774 |  |
|                                         |   |   |   |   |   |   |   |
|     Contribution         | 41,673 |  | 114,648 |  | 156,321 |  |   | 43,804 |  | 100,705 |  | 144,509 |  |
|                                         |   |   |   |   |   |   |   |
| Less SG&A                                | 4,502 |  | 79,426 |  | 83,928 |  |   | 5,958 |  | 65,934 |  | 71,892 |  |
| Share-based compensation                     | — |  | 2,801 |  | 2,801 |  |   | — |  | 1,778 |  | 1,778 |  |
| Accretion                                    | 216 |  | 234 |  | 450 |  |   | 176 |  | 125 |  | 301 |  |
| Other                                        | — |  | (341 | ) | (341 | ) |   | — |  | 101 |  | 101 |  |
|     Adjusted EBITDA      | $ | 37,387 |  | 37,916 |  | 75,303 |  |   | 38,022 |  | 36,775 |  | 74,797 |  |
|                                         |   |   |   |   |   |   |   |
| Wireless transition costs                    | — |  | 6,797 |  | 6,797 |  |   | — |  | — |  | — |  |
| Proforma Adjusted EBITDA                     | $ | 37,387 |  | 44,713 |  | 82,100 |  |   | 38,022 |  | 36,775 |  | 74,797 |  |

----

|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| SUPPLEMENTAL SCHEDULES                       |
| (Unaudited)                                  |
| (Amounts in thousands)                       |   |   |   |   |   |   |
|                                         | First Quarter 2015 |   | Fourth Quarter 2014 |
|                                         | Wireless | Wireline |   |   | Wireless | Wireline |   |
|                                         | Segment | Segment | Total |   | Segment | Segment | Total |
| Revenues                                     |   |   |   |   |   |   |   |
|   Wireless                         | $ | 59,204 |  | 18,204 |  | 77,408 |  |   | 61,665 |  | 9,539 |  | 71,204 |  |
|   Data                             | — |  | 96,446 |  | 96,446 |  |   | — |  | 94,959 |  | 94,959 |  |
|   Video                            | — |  | 33,639 |  | 33,639 |  |   | — |  | 39,227 |  | 39,227 |  |
|   Voice                            | — |  | 23,596 |  | 23,596 |  |   | — |  | 23,401 |  | 23,401 |  |
|     Total                | 59,204 |  | 171,885 |  | 231,089 |  |   | 61,665 |  | 167,126 |  | 228,791 |  |
|                                         |   |   |   |   |   |   |   |
| Cost of goods sold                           | 17,531 |  | 57,237 |  | 74,768 |  |   | 24,686 |  | 56,961 |  | 81,647 |  |
|                                         |   |   |   |   |   |   |   |
|     Contribution         | 41,673 |  | 114,648 |  | 156,321 |  |   | 36,979 |  | 110,165 |  | 147,144 |  |
|                                         |   |   |   |   |   |   |   |
| Less SG&A                                | 4,502 |  | 79,426 |  | 83,928 |  |   | 4,443 |  | 74,712 |  | 79,155 |  |
| Share-based compensation                     | — |  | 2,801 |  | 2,801 |  |   | — |  | 2,268 |  | 2,268 |  |
| Accretion                                    | 216 |  | 234 |  | 450 |  |   | 148 |  | 140 |  | 288 |  |
| Other                                        | — |  | (341 | ) | (341 | ) |   | — |  | 109 |  | 109 |  |
|     Adjusted EBITDA      | $ | 37,387 |  | 37,916 |  | 75,303 |  |   | 32,684 |  | 37,970 |  | 70,654 |  |
|                                         |   |   |   |   |   |   |   |
| Wireless transition costs                    | — |  | 6,797 |  | 6,797 |  |   | — |  | — |  | — |  |
| Proforma Adjusted EBITDA                     | $ | 37,387 |  | 44,713 |  | 82,100 |  |   | 32,684 |  | 37,970 |  | 70,654 |  |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |  |  |  |  |  |  |  |  |  |  |
| General Communication, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |
| Non-GAAP Financial Reconciliation Schedule                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |   |   |
| (Unaudited, Amounts in Thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | Three Months Ended |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | March 31, |   | March 31, |   | December 31, |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | 2015 |   | 2014 |   | 2014 |
| Net income (loss)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | $ | (18,725 | ) |   | 10,761 |  |   | 5,796 |  |
| Income tax expense (benefit)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | (6,786 | ) |   | 1,196 |  |   | 1,400 |  |
| Income (loss) before income tax expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | (25,511 | ) |   | 11,957 |  |   | 7,196 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |
| Other (income) expense:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |
| Interest expense (including amortization of deferred loan fees)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | 20,985 |  |   | 18,211 |  |   | 18,267 |  |
| Derivative instrument unrealized loss                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 2,120 |  |   | — |  |   | — |  |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 3,147 |  |   | 97 |  |   | 84 |  |
| Other expense, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 26,252 |  |   | 18,308 |  |   | 18,351 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |
| Operating income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | 741 |  |   | 30,265 |  |   | 25,547 |  |
| Depreciation and amortization expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 45,235 |  |   | 42,352 |  |   | 42,442 |  |
| Software write-off                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | 26,417 |  |   | — |  |   | — |  |
| Share-based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | 2,801 |  |   | 1,778 |  |   | 2,268 |  |
| Accretion                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 450 |  |   | 301 |  |   | 288 |  |
| Other                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | (341 | ) |   | 101 |  |   | 109 |  |
| Adjusted EBITDA (Note 1)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   | $ | 75,303 |  |   | 74,797 |  |   | 70,654 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |
| Wireless transition costs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   | 6,797 |  |   | — |  |   | — |  |
| Proforma Adjusted EBITDA ( Note 2)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $ | 82,100 |  |  | 74,797 |  |  | 70,654 |  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |
| Notes:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |
| (1) The sum of net income (loss), interest expense (including amortization of deferred loan fees), interest income, income tax (expense) benefit, depreciation and amortization expense, software write-off, derivative instrument unrealized loss, share-based compensation, accretion expense, loss attributable to non-controlling interests resulting from New Markets Tax Credit transactions, and other non-cash adjustments plus imputed interest on financed devices. Adjusted 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 Adjusted EBITDA to evaluate the operating performance of its business, and as a measure of performance for incentive compensation purposes.  GCI believes Adjusted 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 Adjusted EBITDA are used to estimate current or prospective enterprise value.  Adjusted 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.  Adjusted EBITDA as presented herein may not be comparable to similarly titled measures reported by other companies. |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| (2) Adjusted EBITDA before wireless acquisition transition costs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

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|                                                 |
|-------------------------------------------------|
|                                                 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES    |
| WIRELINE SEGMENT SUPPLEMENTAL REVENUE SCHEDULES |
| (Unaudited)                                     |
| (Amounts in thousands)                          |   |   |   |   |   |   |   |   |   |
|                                            | First Quarter 2015 |   | First Quarter 2014 |
|                                            |   | Business | Managed |   |   |   | Business | Managed |   |
|                                            | Consumer | Services | Broadband | Total |   | Consumer | Services | Broadband | Total |
| Revenues                                        |   |   |   |   |   |   |   |   |   |
|   Wireless                            | $ | 16,410 |  | 1,794 |  | — |  | 18,204 |  |   | 7,491 |  | 745 |  | — |  | 8,236 |  |
|   Data                                | 31,272 |  | 36,298 |  | 28,876 |  | 96,446 |  |   | 26,944 |  | 34,840 |  | 25,829 |  | 87,613 |  |
|   Video                               | 29,225 |  | 4,414 |  | — |  | 33,639 |  |   | 27,249 |  | 5,152 |  | — |  | 32,401 |  |
|   Voice                               | 7,801 |  | 10,706 |  | 5,089 |  | 23,596 |  |   | 8,445 |  | 11,741 |  | 5,330 |  | 25,516 |  |
|     Total                   | $ | 84,708 |  | 53,212 |  | 33,965 |  | 171,885 |  |   | 70,129 |  | 52,478 |  | 31,159 |  | 153,766 |  |
|                                            |   |   |   |   |   |   |   |   |   |
| (Amounts in thousands)                          |   |   |   |   |   |   |   |   |   |
|                                            | First Quarter 2015 |   | Fourth Quarter 2014 |
|                                            |   | Business | Managed |   |   |   | Business | Managed |   |
|                                            | Consumer | Services | Broadband | Total |   | Consumer | Services | Broadband | Total |
| Revenues                                        |   |   |   |   |   |   |   |   |   |
|   Wireless                            | $ | 16,410 |  | 1,794 |  | — |  | 18,204 |  |   | 9,158 |  | 381 |  | — |  | 9,539 |  |
|   Data                                | 31,272 |  | 36,298 |  | 28,876 |  | 96,446 |  |   | 30,294 |  | 37,694 |  | 26,971 |  | 94,959 |  |
|   Video                               | 29,225 |  | 4,414 |  | — |  | 33,639 |  |   | 29,159 |  | 10,068 |  | — |  | 39,227 |  |
|   Voice                               | 7,801 |  | 10,706 |  | 5,089 |  | 23,596 |  |   | 7,839 |  | 10,253 |  | 5,309 |  | 23,401 |  |
|     Total                   | $ | 84,708 |  | 53,212 |  | 33,965 |  | 171,885 |  |   | 76,450 |  | 58,396 |  | 32,280 |  | 167,126 |  |
|                                            |   |   |   |   |   |   |   |   |   |

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|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| KEY PERFORMANCE INDICATORS                   |
| (Unaudited)                                  |
|                                         |   |   |   |   |   |   |   |   |   |   |
|                                         |   |   |   |   |   | March 31, 2015 |   | March 31, 2015 |
|                                         |   |  |   | as compared to |   | as compared to |
|                                         |   | March 31, | March 31, | December 31, |   | March 31, | December 31, |   | March 31, | December 31, |
|                                         |   | 2015 | 2014 | 2014 |   | 2014 | 2014 |   | 2014 | 2014 |
| Wireline Segment                             |   |   |   |   |   |   |   |   |   |
| Consumer                                     |   |   |   |   |   |   |   |   |   |
| Data                                         |   |   |   |   |   |   |   |   |   |
|                                         | Cable modem subscribers | 121,700 |  | 116,400 |  | 119,100 |  |   | 5,300 |  | 2,600 |  |   | 4.6 |  % | 2.2 |  % |
| Video                                        |   |   |   |   |   |   |   |   |   |
|                                         | Basic subscribers | 114,700 |  | 118,000 |  | 116,400 |  |   | (3,300 | ) | (1,700 | ) |   | (2.8 | )% | (1.5 | )% |
|                                         | Digital programming tier subscribers | 62,300 |  | 66,900 |  | 63,800 |  |   | (4,600 | ) | (1,500 | ) |   | (6.9 | )% | (2.4 | )% |
|                                         | HD/DVR converter boxes | 109,900 |  | 101,200 |  | 108,400 |  |   | 8,700 |  | 1,500 |  |   | 8.6 |  % | 1.4 |  % |
|                                         | Homes passed | 248,700 |  | 248,000 |  | 248,200 |  |   | 700 |  | 500 |  |   | 0.3 |  % | 0.2 |  % |
| Voice                                        |   |   |   |   |   |   |   |   |   |
|                                         | Local access lines in service | 53,400 |  | 59,800 |  | 54,600 |  |   | (6,400 | ) | (1,200 | ) |   | (10.7 | )% | (2.2 | )% |
| Business Services                            |   |   |   |   |   |   |   |   |   |
| Data                                         |   |   |   |   |   |   |   |   |   |
|                                         | Cable modem subscribers | 14,100 |  | 14,000 |  | 14,100 |  |   | 100 |  | — |  |   | 0.7 |  % | — |  % |
| Video                                        |   |   |   |   |   |   |   |   |   |
|                                         | Hotels and mini-headend subscribers | 17,100 |  | 17,000 |  | 17,100 |  |   | 100 |  | — |  |   | 0.6 |  % | — |  % |
|                                         | Basic subscribers | 2,000 |  | 2,000 |  | 1,900 |  |   | — |  | 100 |  |   | — |  % | 5.3 |  % |
|                                         | Total basic subscribers | 19,100 |  | 19,000 |  | 19,000 |  |   | 100 |  | 100 |  |   | 0.5 |  % | 0.5 |  % |
| Voice                                        |   |   |   |   |   |   |   |   |   |
|                                         | Local access lines in service | 47,500 |  | 48,500 |  | 47,400 |  |   | (1,000 | ) | 100 |  |   | (2.1 | )% | 0.2 |  % |
| Consumer and Business Services Combined      |
| Wireless                                     |   |   |   |   |   |   |   |   |   |
|                                         | Consumer Lifeline lines in service | 26,300 |  | 29,500 |  | 25,000 |  |   | (3,200 | ) | 1,300 |  |   | (10.8 | )% | 5.2 |  % |
|                                         | Consumer Non-Lifeline lines in service | 183,700 |  | 94,400 |  | 106,400 |  |   | 89,300 |  | 77,300 |  |   | 94.6 |  % | 72.7 |  % |
|                                         | Business Services Non-Lifeline lines in service | 28,600 |  | 18,500 |  | 18,200 |  |   | 10,100 |  | 10,400 |  |   | 54.6 |  % | 57.1 |  % |
|                                         | Total wireless lines in service | 238,600 |  | 142,400 |  | 149,600 |  |   | 96,200 |  | 89,000 |  |   | 67.6 |  % | 59.5 |  % |

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|                                              |
|----------------------------------------------|
|                                              |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| GENERAL COMMUNICATION, INC. AND SUBSIDIARIES |
| KEY PERFORMANCE INDICATORS                   |
| (Unaudited)                                  |
|                                         |   |   |   |   |   |   |   |   |   |   |
|                                         |   |   |   |   | March 31, 2015 |   | March 31, 2015 |
|                                         |   | Three Months Ended |   | as compared to |   | as compared to |
|                                         |   | March 31, | March 31, | December 31, |   | March 31, | December 31, |   | March 31, | December 31, |
|                                         |   | 2015 | 2014 | 2014 |   | 2014 | 2014 |   | 2014 | 2014 |
| Wireline segment                             |   |   |   |   |   |   |   |   |   |
| Consumer                                     |   |   |   |   |   |   |   |   |   |
| Video                                        |   |   |   |   |   |   |   |   |   |
|                                         | Average monthly revenue per subscriber | $ | 84.37 |  | $ | 76.98 |  | $ | 83.57 |  |   | $ | 7.39 |  | $ | 0.80 |  |   | 9.6 |  % | 1.0 |  % |
|                                         |   |   |   |   |   |   |   |   |   |   |
| Combined Consumer and Business Services      |   |   |   |   |   |   |
| Data                                         |   |   |   |   |   |   |   |   |   |
|                                         | Average monthly revenue per cable modem subscriber | $ | 83.93 |  | $ | 75.93 |  | $ | 83.01 |  |   | $ | 8.00 |  | $ | 0.92 |  |   | 10.5 |  % | 1.1 |  % |
|                                         |   |   |   |   |   |   |   |   |   |   |
| Wireless                                     |   |   |   |   |   |   |   |   |   |
|                                         | Average monthly revenue per subscriber | $ | 48.23 |  | $ | 50.01 |  | $ | 50.16 |  |   | $ | (1.78 | ) | $ | (1.93 | ) |   | (3.6 | )% | (3.8 | )% |