| ·   | Consolidated      revenue of $151.2 million |
|--------------------|---------------------------------------------|

| ·   | EBITDAS of      $46.7 million |
|--------------------|-------------------------------|

| ·   | Net income of      $0.6 million or $0.01 per dilutedshare |
|--------------------|-----------------------------------------------------------|

----

| ·   | Consumer      revenues totaled $66.5 million, an increase of 17.1 percent over the prior      year quarter and an increase of 7.0 percent over the second quarter of      2008. The increases were in video, data and wireless products and      services. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI local      access lines increased by 1,800 over the second quarter of 2008. Consumer,      network access, commercial and other local access lines totaled 139,500 at      the end of the third quarter of 2008, representing an estimated 33 percent      share of the total access line market inAlaska. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI has      provisioned 94,500 access lines representing 68 percent of its total      access lines on its own facilities at the end of the third quarter of      2008, an increase of 4,800 lines over the second quarter of 2008 and an      increase of 34,100 lines when compared to the end of the third quarter of      the prior year. The company had provisioned 60,400 access lines on its own      facilities at the end of the third quarter of  2007. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI’s cable      plant will be 100 percent digital by the end of      2008. |
|--------------------|---------------------------------------------------------------------------------------------|

----

| ·   | GCI had      101,100 consumer and commercial cable modem access customers at the end of      the third quarter of 2008, an increase of 1,100 over the 100,000 cable      modem customers at the end of the second quarter 2008. Average monthly      revenue per cable modem totaled $39.23 for the third quarter of 2008 as      compared to $37.77 for the second quarter of 2008, an increase of 3.9      percent. The increase in average monthly revenues arises primarily from      customers upgrading to plans with increased levels of    service. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI began      converting its GSM wireless customers during September 2008. The total      number of conversions to-date is below plan but the conversion rate is      rapidly increasing. The company expects to have the conversion      completed before the end of the second quarter of 2009. Conversion      costs are expected to range between $6.0 million and $8.0      million. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI has      88,100 wireless subscribers, an increase of 4,000 subscribers from the      second quarter of 2008. This increase includes customers acquired with the      acquisition of Alaska Wireless offset by a database clean up of Alaska      DigiTel customers. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI is now      serving several communities in Southeast Alaska with its new $33 million      undersea fiber. The project was completed and turned up on October 1,      2008. Costs savings and new revenues from the project are already at a      $6.0 annual run rate. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | GCI’s      business plan is fully financed by $460 million in senior credit      facilities, led by Calyon and supported by a strong group of nine other      major lending institutions. GCI’s short-term cash is primarily maintained      at Wells Fargo Bank, N.A., a participant in GCI credit facilities. GCI has      approximately $96 million in availability on its revolving line of credit,      $10 million available under other credit facilities and had cash and      marketable securities of $37.7 million at the end of the third quarter of      2008. GCI’s financial agreements, including the satellite capital lease      agreement, require annual principal payments of approximately $10 million.      The senior bank credit facility revolver is due August 31, 2011 and the      term loan is due in approximately equal amounts on December 31, 2011 and      August 31, 2012. GCI has not invested in any derivatives or currency      speculation contracts other than the purchase of a $180 million LIBOR cap      on July 1, 2008. The cap limits the company’s three month LIBOR exposure      to 4.5 percent until July 1, 2010. |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

----

----

| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |        |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------|-----------|--------|-------------------|-------------|
| CONSOLIDATED      BALANCE SHEETS                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |               |      |   |              |        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |
| (Amounts in      thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |               |      |   |              |        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | (Unaudited,        |      |   |              |        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | preliminary)       |      |   |              |        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | September      30, |      |   | December      31, |        |
| Assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | 2008               |      |   | 2007              |        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |
| Current      assets:                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |
|   Cash      and cash equivalents                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | $                  | 32,408    |   |              |        | 13,074 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |   |   |
|   Receivables                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |               | 110,724   |   |              |        | 97,913 |   |
|   Less      allowance for doubtful receivables                                                                                                                                                                                                                                                                                                                                                                                                                     |   |               | 1,946     |   |              |        | 1,657 |   |
|      Net      receivables                                                                                                                                                                                                                                                                                                                                                                                                                           |   |               | 108,778   |   |              |        | 96,256 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |   |   |
|   Deferred      income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |               | 8,101     |   |              |        | 5,734 |   |
|   Investment      securities                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |               | 5,276     |   |              |        | - |   |
|   Inventories                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |               | 5,266     |   |              |        | 2,541 |   |
|   Prepaid      expenses                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               | 5,255     |   |              |        | 5,356 |   |
|   Other      current assets                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |               | 713       |   |              |        | 717 |   |
|        Total      current assets                                                                                                                                                                                                                                                                                                                                                                                                          |   |               | 165,797   |   |              |        | 123,678 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |   |   |
| Property and      equipment in service, net of depreciation                                                                                                                                                                                                                                                                                                                                                                                                                  |   |               | 743,274   |   |              |        | 504,273 |   |
| Construction      in progress                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |               | 100,657   |   |              |        | 69,409 |   |
|        Net      property and equipment                                                                                                                                                                                                                                                                                                                                                                                                    |   |               | 843,931   |   |              |        | 573,682 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |   |   |
| Cable      certificates                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |               | 191,565   |   |              |        | 191,565 |   |
| Goodwill                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |               | 62,387    |   |              |        | 42,181 |   |
| Wireless      licenses                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |               | 26,007    |   |              |        | 25,757 |   |
| Other      intangible assets, net of amortization                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               | 20,419    |   |              |        | 11,769 |   |
| Deferred loan      and senior notes costs, net of amortization                                                                                                                                                                                                                                                                                                                                                                                                               |   |               | 6,388     |   |              |        | 6,202 |   |
| Other      assets                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               | 11,594    |   |              |        | 9,399 |   |
|     Total      other assets                                                                                                                                                                                                                                                                                                                                                                                                                              |   |               | 318,360   |   |              |        | 286,873 |   |
|        Total      assets                                                                                                                                                                                                                                                                                                                                                                                                                  |   | $                  | 1,328,088 |   |              |        | 984,233 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |        |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              | (Continued) |   |
| Note:                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |               |      |   |              |        |   |   |
| Our results      as of September 30, 2008 are preliminary as our auditors have not      completed their review due to a restatement of our Forms 10-Q for March      31, 2008 and June 30, 2008. We are in the process of assessing the impact      of the restatement and we expect to file Forms 10-Q/A for March 31, 2008      and June 30, 2008 as soon as practicable. The financial information      presented includes the anticipated effects of the    restatement. |   |

----

| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                                                                                                                                               |   |               |      |   |              |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------|-----------|--------|-------------------|--------|
| CONSOLIDATED      BALANCE SHEETS                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |               |      |   |              |   |
| (Continued)                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |               |      |   |              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |
| (Amounts in      thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |               |      |   |              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | (Unaudited,        |      |   |              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | preliminary)       |      |   |              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | September      30, |      |   | December      31, |   |
| Liabilities,      Minority Interest, and Stockholders' Equity                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 2008               |      |   | 2007              |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |
| Current      liabilities:                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |               |      |   |              |   |
|   Current      maturities of obligations under long-term debt and capital      leases                                                                                                                                                                                                                                                                                                                                                                                 |   | $                  | 13,792    |   |              |   | 2,375 |   |
|   Accounts      payable                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |               | 51,831    |   |              |   | 35,747 |   |
|   Deferred      revenue                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |               | 21,181    |   |              |   | 16,600 |   |
|   Accrued      payroll and payroll related obligations                                                                                                                                                                                                                                                                                                                                                                                                                |   |               | 18,542    |   |              |   | 16,329 |   |
|   Accrued      liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               | 11,174    |   |              |   | 7,536 |   |
|   Accrued      interest                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |               | 2,977     |   |              |   | 8,927 |   |
|   Subscriber      deposits                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               | 1,143     |   |              |   | 877 |   |
|      Total      current liabilities                                                                                                                                                                                                                                                                                                                                                                                                                    |   |               | 120,640   |   |              |   | 88,391 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
| Long-term      debt                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |               | 703,390   |   |              |   | 536,115 |   |
| Obligations      under capital leases, excluding current maturities                                                                                                                                                                                                                                                                                                                                                                                                             |   |               | 95,151    |   |              |   | 2,290 |   |
| Obligation      under capital lease due to related party, excluding current  maturity                                                                                                                                                                                                                                                                                                                                                                                 |   |               | 1,866     |   |              |   | 469 |   |
| Deferred      income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |               | 91,071    |   |              |   | 84,294 |   |
| Long-term      deferred revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |               | 37,117    |   |              |   | 845 |   |
| Other      liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |               | 15,579    |   |              |   | 12,396 |   |
|        Total      liabilities                                                                                                                                                                                                                                                                                                                                                                                                                |   |               | 1,064,814 |   |              |   | 724,800 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
| Minority      interest                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |               | -         |   |              |   | 6,478 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
| Commitments      and contingencies                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |               |      |   |              |   |   |   |
| Stockholders’      equity:                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |               |      |   |              |   |   |   |
|   Common      stock (no par):                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |               |      |   |              |   |   |   |
|     Class      A.  Authorized 100,000 shares; issued 49,974 and      50,437     shares      at September 30, 2008 and December 31, 2007, respectively;     outstanding      49,505 and 49,425 shares at September 30, 2008 and     December      31, 2007, respectively                                                                                                |   |               | 150,935   |   |              |   | 155,980 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
|     Class      B.  Authorized 10,000 shares; issued 3,247 and 3,257 shares      at     September      30, 2008 and December 31, 2007, respectively; outstanding     3,245      and 3,255 shares at September 30, 2008 and December 31, 2007,     respectively;      convertible on a share-per-share basis into Class A     common      stock |   |               | 2,742     |   |              |   | 2,751 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
|     Less      cost of 471 and 473 Class A and Class B common shares held in      treasury      at September 30, 2008 and December 31, 2007, respectively                                                                                                                                                                                                                                                                      |   |               | (3,423    | )      |              |   | (3,448 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
|   Paid-in      capital                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |               | 25,310    |   |              |   | 20,132 |   |
|   Retained      earnings                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |               | 87,710    |   |              |   | 77,540 |   |
|        Total      stockholders' equity                                                                                                                                                                                                                                                                                                                                                                                                       |   |               | 263,274   |   |              |   | 252,955 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
|        Total      liabilities, minority interest, and stockholders' equity                                                                                                                                                                                                                                                                                                                                                                   |   | $                  | 1,328,088 |   |              |   | 984,233 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |               |      |   |              |   |   |   |
| Note:                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |               |      |   |              |   |   |   |
| Our results      as of September 30, 2008 are preliminary as our auditors have not      completed their review due to a restatement of our Forms 10-Q for March      31, 2008 and June 30, 2008. We are in the process of assessing the impact      of the restatement and we expect to file Forms 10-Q/A for March 31, 2008      and June 30, 2008 as soon as practicable. The financial information      presented includes the anticipated effects of the    restatement.    |   |

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| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                    |    |   |                   |   |    |                    |   |   |                   |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------|---------|--------|------------------------|--------|---------|-------------------------|--------|--------|------------------------|--------|
| CONSOLIDATED      INCOME STATEMENTS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |                    |    |   |                   |   |    |                    |   |   |                   |   |
| (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                    |    |   |                   |   |    |                    |   |   |                   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | Three Months      Ended |    |   | Nine Months      Ended |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | September      30,      |    |   | September      30,     |   |
| (Amounts in      thousands, except per share amounts)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   | 2008      (preliminary) |    |   | 2007(as      restated) |   |    | 2008      (preliminary) |   |   | 2007(as      restated) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |
| Revenues                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | $                       | 151,233 |   |                   |   | 134,090 |                    |   |   | 428,368                |   |   |   | 389,011 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Cost of goods      sold (exclusive of depreciation and amortization shown  separately      below)                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                    | 50,401  |   |                   |   | 52,213  |                    |   |   | 154,160                |   |   |   | 145,782 |   |
| Selling,      general and administrative expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                    | 56,410  |   |                   |   | 44,735  |                    |   |   | 151,076                |   |   |   | 131,770 |   |
| Depreciation      and amortization expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                    | 28,552  |   |                   |   | 21,970  |                    |   |   | 78,821                 |   |   |   | 64,273 |   |
|    Operating      income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                    | 15,870  |   |                   |   | 15,172  |                    |   |   | 44,311                 |   |   |   | 47,186 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Other income      (expense):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
|   Interest      expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                    | (13,693 | )      |                   |   | (8,620  | )                       |   |   | (33,277                | )      |   |   | (25,495 | ) |
|   Loan      and senior notes fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                    | (441    | )      |                   |   | (751    | )                       |   |   | (1,543                 | )      |   |   | (1,147 | ) |
|   Interest      income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                    | 386     |   |                   |   | 82      |                    |   |   | 869                    |   |   |   | 427 |   |
|   Minority      interest                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                    | (455    | )      |                   |   | 37      |                    |   |   | 389                    |   |   |   | 26 |   |
|    Other      expense, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                    | (14,203 | )      |                   |   | (9,252  | )                       |   |   | (33,562                | )      |   |   | (26,189 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
|    Income      before income tax expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                    | 1,667   |   |                   |   | 5,920   |                    |   |   | 10,749                 |   |   |   | 20,997 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Income tax      expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                    | 1,103   |   |                   |   | 2,964   |                    |   |   | 6,044                  |   |   |   | 9,817 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
|    Net      income available to common shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | $                       | 564     |   |                   |   | 2,956   |                    |   |   | 4,705                  |   |   |   | 11,180 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Basic net      income available to common shareholders per common share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | $                       | 0.01    |   |                   |   | 0.06    |                    |   |   | 0.09                   |   |   |   | 0.21 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Diluted net      income available to common shareholders per common share                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                       | 0.01    |   |                   |   | 0.05    |                    |   |   | 0.09                   |   |   |   | 0.19 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Common shares      used to calculate basic EPS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                    | 52,371  |   |                   |   | 52,852  |                    |   |   | 52,317                 |   |   |   | 53,103 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Common shares      used to calculate diluted EPS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                    | 53,318  |   |                   |   | 54,203  |                    |   |   | 52,986                 |   |   |   | 54,611 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| Note:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| (1) We      reclassified $4.3 million and $12.6 million of network maintenance and      operations expense from selling, general and administrative expense to      Cost of Goods Sold for the three and nine months ended September 30, 2007,      respectively, to make our income statement classification more consistent      with that of our peers.                                                                                                                                                                                                                      |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                    |    |   |                   |   |    |                    |   |   |                   |   |   |   |   |   |
| (2) Our      results for the three and nine months ended September 30, 2008 are      preliminary as our auditors have not completed their review due to a      restatement of our Forms 10-Q for the three months ended March 31, 2008      and for the three and six months ended June 30, 2008. We are in the      process of assessing the impact of the restatement and we expect to file      Forms 10-Q/A for March 31, 2008 and June 30, 2008 as soon as practicable.      The financial information presented includes the anticipated effects of      the restatement. |   |

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| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| SUPPLEMENTAL      SCHEDULES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (Amounts in      thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | Third Quarter      2008 (preliminary) |   |   | Third Quarter      2007 (as restated) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | $ | 11,582 |   |   |   | 19,671 |   |   |   | 7,597 |   |   |   | - |   |   |   | 5,938 |   |   |   | 44,788 |   |   |   | 11,750 |   |   |   | 25,856 |   |   |   | 7,838 |   |   |   | - |   |   |   | - |   |   |   | 45,444 |   |
|   Video                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   | 26,241 |   |   |   | - |   |   |   | 2,999 |   |   |   | - |   |   |   | - |   |   |   | 29,240 |   |   |   | 23,834 |   |   |   | - |   |   |   | 2,148 |   |   |   | - |   |   |   | - |   |   |   | 25,982 |   |
|   Data                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   | 10,745 |   |   |   | 18,148 |   |   |   | 18,140 |   |   |   | 9,866 |   |   |   | - |   |   |   | 56,899 |   |   |   | 8,736 |   |   |   | 14,920 |   |   |   | 15,961 |   |   |   | 7,369 |   |   |   | - |   |   |   | 46,986 |   |
|   Wireless                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 17,917 |   |   |   | 959 |   |   |   | 1,430 |   |   |   | - |   |   |   | - |   |   |   | 20,306 |   |   |   | 12,475 |   |   |   | 1,881 |   |   |   | 1,322 |   |   |   | - |   |   |   | - |   |   |   | 15,678 |   |
|     Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   | 66,485 |   |   |   | 38,778 |   |   |   | 30,166 |   |   |   | 9,866 |   |   |   | 5,938 |   |   |   | 151,233 |   |   |   | 56,795 |   |   |   | 42,657 |   |   |   | 27,269 |   |   |   | 7,369 |   |   |   | - |   |   |   | 134,090 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of      goods  sold      (exclusive  of      depreciation  and      amortization)                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 20,574 |   |   |   | 10,501 |   |   |   | 15,283 |   |   |   | 2,651 |   |   |   | 1,392 |   |   |   | 50,401 |   |   |   | 23,076 |   |   |   | 12,409 |   |   |   | 14,117 |   |   |   | 2,611 |   |   |   | - |   |   |   | 52,213 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 45,911 |   |   |   | 28,277 |   |   |   | 14,883 |   |   |   | 7,215 |   |   |   | 4,546 |   |   |   | 100,832 |   |   |   | 33,719 |   |   |   | 30,248 |   |   |   | 13,152 |   |   |   | 4,758 |   |   |   | - |   |   |   | 81,877 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less      SG&A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   | 28,794 |   |   |   | 11,398 |   |   |   | 9,356 |   |   |   | 3,636 |   |   |   | 3,226 |   |   |   | 56,410 |   |   |   | 23,199 |   |   |   | 9,549 |   |   |   | 9,035 |   |   |   | 2,952 |   |   |   | - |   |   |   | 44,735 |   |
| Add      other  income  (expense)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | (200 | ) |   |   | (178 | ) |   |   | (77 | ) |   |   | - |   |   |   | - |   |   |   | (455 | ) |   |   | 14 |   |   |   | 16 |   |   |   | 7 |   |   |   | - |   |   |   | - |   |   |   | 37 |   |
|     EBITDA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   | 16,917 |   |   |   | 16,701 |   |   |   | 5,450 |   |   |   | 3,579 |   |   |   | 1,320 |   |   |   | 43,967 |   |   |   | 10,534 |   |   |   | 20,715 |   |   |   | 4,124 |   |   |   | 1,806 |   |   |   | - |   |   |   | 37,179 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add      share-based  compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   | 1,075 |   |   |   | 920 |   |   |   | 488 |   |   |   | 211 |   |   |   | - |   |   |   | 2,694 |   |   |   | 603 |   |   |   | 641 |   |   |   | 370 |   |   |   | 128 |   |   |   | - |   |   |   | 1,742 |   |
|     EBITDAS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $ | 17,992 |   |   |   | 17,621 |   |   |   | 5,938 |   |   |   | 3,790 |   |   |   | 1,320 |   |   |   | 46,661 |   |   |   | 11,137 |   |   |   | 21,356 |   |   |   | 4,494 |   |   |   | 1,934 |   |   |   | - |   |   |   | 38,921 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Note:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (1) We      reclassified $4.3 million of network maintenance and operations expense      from selling, general and administrative expense to Cost of Goods Sold for      the three months ended September 30, 2007 to make our income statement      classification more consistent with that of our peers.                                                                                                                                                                                                                                                                     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (2) Our      results for the three and nine months ended September 30, 2008 are      preliminary as our auditors have not completed their review due to a      restatement of our Forms 10-Q for the three months ended March 31, 2008      and for the three and six months ended June 30, 2008. We are in the      process of assessing the impact of the restatement and we expect to file      Forms 10-Q/A for March 31, 2008 and June 30, 2008 as soon as practicable.      The financial information presented includes the anticipated effects of      the restatement. |   |

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| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| SUPPLEMENTAL      SCHEDULES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| (Amounts in      thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Third Quarter      2008 (preliminary) |   |   | Second      Quarter 2008 (preliminarily restated) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $ | 11,582 |   |   |   | 19,671 |   |   |   | 7,597 |   |   |   | - |   |   |   | 5,938 |   |   |   | 44,788 |   |   |   | 12,117 |   |   |   | 23,213 |   |   |   | 7,280 |   |   |   | - |   |   |   | 1,879 |   |   |   | 44,489 |   |
|   Video                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   | 26,241 |   |   |   | - |   |   |   | 2,999 |   |   |   | - |   |   |   | - |   |   |   | 29,240 |   |   |   | 25,668 |   |   |   | - |   |   |   | 2,149 |   |   |   | - |   |   |   | - |   |   |   | 27,817 |   |
|   Data                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | 10,745 |   |   |   | 18,148 |   |   |   | 18,140 |   |   |   | 9,866 |   |   |   | - |   |   |   | 56,899 |   |   |   | 10,386 |   |   |   | 17,988 |   |   |   | 16,584 |   |   |   | 9,134 |   |   |   | - |   |   |   | 54,092 |   |
|   Wireless                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | 17,917 |   |   |   | 959 |   |   |   | 1,430 |   |   |   | - |   |   |   | - |   |   |   | 20,306 |   |   |   | 13,942 |   |   |   | 690 |   |   |   | 1,431 |   |   |   | - |   |   |   | - |   |   |   | 16,063 |   |
|     Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   | 66,485 |   |   |   | 38,778 |   |   |   | 30,166 |   |   |   | 9,866 |   |   |   | 5,938 |   |   |   | 151,233 |   |   |   | 62,113 |   |   |   | 41,891 |   |   |   | 27,444 |   |   |   | 9,134 |   |   |   | 1,879 |   |   |   | 142,461 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of      goods  sold      (exclusive  of      depreciation  and      amortization)                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | 20,574 |   |   |   | 10,501 |   |   |   | 15,283 |   |   |   | 2,651 |   |   |   | 1,392 |   |   |   | 50,401 |   |   |   | 23,689 |   |   |   | 11,529 |   |   |   | 13,912 |   |   |   | 3,020 |   |   |   | 298 |   |   |   | 52,448 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   | 45,911 |   |   |   | 28,277 |   |   |   | 14,883 |   |   |   | 7,215 |   |   |   | 4,546 |   |   |   | 100,832 |   |   |   | 38,424 |   |   |   | 30,362 |   |   |   | 13,532 |   |   |   | 6,114 |   |   |   | 1,581 |   |   |   | 90,013 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less      SG&A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   | 28,794 |   |   |   | 11,398 |   |   |   | 9,356 |   |   |   | 3,636 |   |   |   | 3,226 |   |   |   | 56,410 |   |   |   | 26,054 |   |   |   | 9,579 |   |   |   | 8,312 |   |   |   | 3,093 |   |   |   | 1,222 |   |   |   | 48,260 |   |
| Add      other  income  (expense)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   | (200 | ) |   |   | (178 | ) |   |   | (77 | ) |   |   | - |   |   |   | - |   |   |   | (455 | ) |   |   | 197 |   |   |   | 176 |   |   |   | 76 |   |   |   | - |   |   |   | - |   |   |   | 449 |   |
|     EBITDA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   | 16,917 |   |   |   | 16,701 |   |   |   | 5,450 |   |   |   | 3,579 |   |   |   | 1,320 |   |   |   | 43,967 |   |   |   | 12,567 |   |   |   | 20,959 |   |   |   | 5,296 |   |   |   | 3,021 |   |   |   | 359 |   |   |   | 42,202 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add      share-based  compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   | 1,075 |   |   |   | 920 |   |   |   | 488 |   |   |   | 211 |   |   |   | - |   |   |   | 2,694 |   |   |   | 637 |   |   |   | 522 |   |   |   | 317 |   |   |   | 117 |   |   |   | - |   |   |   | 1,593 |   |
|     EBITDAS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | $ | 17,992 |   |   |   | 17,621 |   |   |   | 5,938 |   |   |   | 3,790 |   |   |   | 1,320 |   |   |   | 46,661 |   |   |   | 13,204 |   |   |   | 21,481 |   |   |   | 5,613 |   |   |   | 3,138 |   |   |   | 359 |   |   |   | 43,795 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Note:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Our results      for the three and nine months ended September 30, 2008 are preliminary as      our auditors have not completed their review odue to a restatement of our      Forms 10-Q for the three months ended March 31, 2008 and for the three and      six months ended June 30, 2008. We are in the process of assessing the      impact of the restatement and we expect to file Forms 10-Q/A for March 31,      2008 and June 30, 2008 as soon as practicable. The financial information      presented includes the anticipated effects of the    restatement. |   |

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| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| SUPPLEMENTAL      SCHEDULES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (Unaudited)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (Amounts in      thousands)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | Nine Months      Ended September 30, 2008 (preliminary) |   |   | Nine Months      Ended September 30, 2007 (as restated) |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |   |   |   |   | Network |   |   |   |   |   | Managed |   |   | Regulated |   |   |   |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |   | Consumer |   |   | Access |   |   | Commercial |   |   | Broadband |   |   | Operations |   |   | Totals |   |
| Revenues                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Voice                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | $ | 35,559 |   |   |   | 64,826 |   |   |   | 22,092 |   |   |   | - |   |   |   | 7,817 |   |   |   | 130,294 |   |   |   | 34,711 |   |   |   | 74,704 |   |   |   | 23,740 |   |   |   | - |   |   |   | - |   |   |   | 133,155 |   |
|   Video                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   | 77,556 |   |   |   | - |   |   |   | 6,968 |   |   |   | - |   |   |   | - |   |   |   | 84,524 |   |   |   | 71,372 |   |   |   | - |   |   |   | 5,918 |   |   |   | - |   |   |   | - |   |   |   | 77,290 |   |
|   Data                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |   | 31,227 |   |   |   | 52,975 |   |   |   | 50,933 |   |   |   | 26,526 |   |   |   | - |   |   |   | 161,661 |   |   |   | 24,953 |   |   |   | 45,317 |   |   |   | 44,476 |   |   |   | 21,243 |   |   |   | - |   |   |   | 135,989 |   |
|   Wireless                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 45,638 |   |   |   | 2,042 |   |   |   | 4,209 |   |   |   | - |   |   |   | - |   |   |   | 51,889 |   |   |   | 34,490 |   |   |   | 4,578 |   |   |   | 3,509 |   |   |   | - |   |   |   | - |   |   |   | 42,577 |   |
|     Total                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   | 189,980 |   |   |   | 119,843 |   |   |   | 84,202 |   |   |   | 26,526 |   |   |   | 7,817 |   |   |   | 428,368 |   |   |   | 165,526 |   |   |   | 124,599 |   |   |   | 77,643 |   |   |   | 21,243 |   |   |   | - |   |   |   | 389,011 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cost of      goods  sold      (exclusive  of      depreciation  and      amortization)                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 68,965 |   |   |   | 32,284 |   |   |   | 43,266 |   |   |   | 7,955 |   |   |   | 1,690 |   |   |   | 154,160 |   |   |   | 67,410 |   |   |   | 32,368 |   |   |   | 38,640 |   |   |   | 7,364 |   |   |   | - |   |   |   | 145,782 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Contribution                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 121,015 |   |   |   | 87,559 |   |   |   | 40,936 |   |   |   | 18,571 |   |   |   | 6,127 |   |   |   | 274,208 |   |   |   | 98,116 |   |   |   | 92,231 |   |   |   | 39,003 |   |   |   | 13,879 |   |   |   | - |   |   |   | 243,229 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Less      SG&A                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |   | 80,201 |   |   |   | 30,564 |   |   |   | 26,279 |   |   |   | 9,584 |   |   |   | 4,448 |   |   |   | 151,076 |   |   |   | 67,265 |   |   |   | 28,812 |   |   |   | 27,221 |   |   |   | 8,472 |   |   |   | - |   |   |   | 131,770 |   |
| Add      other  income  (expense)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   | 170 |   |   |   | 153 |   |   |   | 66 |   |   |   | - |   |   |   | - |   |   |   | 389 |   |   |   | 10 |   |   |   | 11 |   |   |   | 5 |   |   |   | - |   |   |   | - |   |   |   | 26 |   |
|     EBITDA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   | 40,984 |   |   |   | 57,148 |   |   |   | 14,723 |   |   |   | 8,987 |   |   |   | 1,679 |   |   |   | 123,521 |   |   |   | 30,861 |   |   |   | 63,430 |   |   |   | 11,787 |   |   |   | 5,407 |   |   |   | - |   |   |   | 111,485 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Add      share-based  compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   | 2,209 |   |   |   | 1,863 |   |   |   | 1,057 |   |   |   | 418 |   |   |   | - |   |   |   | 5,547 |   |   |   | 1,199 |   |   |   | 1,234 |   |   |   | 782 |   |   |   | 275 |   |   |   | - |   |   |   | 3,490 |   |
|     EBITDAS                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $ | 43,193 |   |   |   | 59,011 |   |   |   | 15,780 |   |   |   | 9,405 |   |   |   | 1,679 |   |   |   | 129,068 |   |   |   | 32,060 |   |   |   | 64,664 |   |   |   | 12,569 |   |   |   | 5,682 |   |   |   | - |   |   |   | 114,975 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Note:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (1) We      reclassified $12.6 million of network maintenance and operations expense      from selling, general and administrative expense to Cost of Goods Sold for      the nine months ended September 30, 2007 to make our income statement      classification more consistent with that of our peers.                                                                                                                                                                                                                                                                     |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (2) Our      results for the three and nine months ended September 30, 2008 are      preliminary as our auditors have not completed their review due to a      restatement of our Forms 10-Q for the three months ended March 31, 2008      and for the three and six months ended June 30, 2008. We are in the      process of assessing the impact of the restatement and we expect to file      Forms 10-Q/A for March 31, 2008 and June 30, 2008 as soon as practicable.      The financial information presented includes the anticipated effects of      the restatement. |   |

----

| GENERAL      COMMUNICATION, INC. AND SUBSIDIARIES    |
|------------------------------------------------------|
| KEY      PERFORMANCE INDICATORS                      |
| (Unaudited)                                          |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                 |   |   |   |   |   |   |   |   |   |   | September 30,      2008 |   |   |   |   |   | September 30,      2008 |   |   |   |   |
|                                                 |   |   |   |   |   |   |   |   |   |   | as compared      to |   |   |   |   |   | as compared      to |   |   |   |   |
|                                                 |   | September      30, |   |   | September      30, |   |   | June      30, |   |   | September      30, |   |   | June      30, |   |   | September      30, |   |   | June      30, |   |
|                                                 |   | 2008 |   |   | 2007 |   |   | 2008 |   |   | 2007 |   |   | 2008 |   |   | 2007 |   |   | 2008 |   |
| Consumer                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance      subscribers                       |   |   | 89,300 |   |   |   | 89,700 |   |   |   | 89,800 |   |   |   | (400 | ) |   |   | (500 | ) |   |   | -0.4 | % |   |   | -0.6 | % |
| Total local      access lines in service             |   |   | 79,200 |   |   |   | 69,500 |   |   |   | 78,100 |   |   |   | 9,700 |   |   |   | 1,100 |   |   |   | 14.0 | % |   |   | 1.4 | % |
| Local access      lines in service on GCI facilities |   |   | 64,300 |   |   |   | 45,900 |   |   |   | 60,500 |   |   |   | 18,400 |   |   |   | 3,800 |   |   |   | 40.1 | % |   |   | 6.3 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic      subscribers                               |   |   | 131,200 |   |   |   | 125,600 |   |   |   | 130,300 |   |   |   | 5,600 |   |   |   | 900 |   |   |   | 4.5 | % |   |   | 0.7 | % |
| Digital      programming tier subscribers            |   |   | 70,100 |   |   |   | 62,600 |   |   |   | 68,200 |   |   |   | 7,500 |   |   |   | 1,900 |   |   |   | 12.0 | % |   |   | 2.8 | % |
| HD/DVR      converter boxes                          |   |   | 62,900 |   |   |   | 43,600 |   |   |   | 56,900 |   |   |   | 19,300 |   |   |   | 6,000 |   |   |   | 44.3 | % |   |   | 10.5 | % |
| Homes      passed                                    |   |   | 227,400 |   |   |   | 222,100 |   |   |   | 226,900 |   |   |   | 5,300 |   |   |   | 500 |   |   |   | 2.4 | % |   |   | 0.2 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cable modem      subscribers                         |   |   | 92,100 |   |   |   | 84,100 |   |   |   | 91,000 |   |   |   | 8,000 |   |   |   | 1,100 |   |   |   | 9.5 | % |   |   | 1.2 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless      lines in service                       |   |   | 81,200 |   |   |   | 66,100 |   |   |   | 77,000 |   |   |   | 15,100 |   |   |   | 4,200 |   |   |   | 22.8 | % |   |   | 5.5 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Network      Access Services                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data:                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total ISP      access lines in service               |   |   | 1,800 |   |   |   | 2,600 |   |   |   | 2,000 |   |   |   | (800 | ) |   |   | (200 | ) |   |   | -30.8 | % |   |   | -10.0 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Commercial                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice:                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Long-distance      subscribers                       |   |   | 10,200 |   |   |   | 10,800 |   |   |   | 10,400 |   |   |   | (600 | ) |   |   | (200 | ) |   |   | -5.6 | % |   |   | -1.9 | % |
| Total local      access lines in service             |   |   | 46,200 |   |   |   | 42,700 |   |   |   | 45,400 |   |   |   | 3,500 |   |   |   | 800 |   |   |   | 8.2 | % |   |   | 1.8 | % |
| Local access      lines in service on GCI facilities |   |   | 17,900 |   |   |   | 11,900 |   |   |   | 15,400 |   |   |   | 6,000 |   |   |   | 2,500 |   |   |   | 50.4 | % |   |   | 16.2 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Video                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Hotels and      mini-headend  subscribers  |   |   | 15,000 |   |   |   | 15,200 |   |   |   | 15,700 |   |   |   | (200 | ) |   |   | (700 | ) |   |   | -1.3 | % |   |   | -4.5 | % |
| Basic      subscribers                               |   |   | 2,000 |   |   |   | 1,900 |   |   |   | 2,000 |   |   |   | 100 |   |   |   | - |   |   |   | 5.3 | % |   |   | 0.0 | % |
|    Total      basic subscribers       |   |   | 17,000 |   |   |   | 17,100 |   |   |   | 17,700 |   |   |   | (100 | ) |   |   | (700 | ) |   |   | -0.6 | % |   |   | -4.0 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Data                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Cable modem      subscribers                         |   |   | 9,000 |   |   |   | 8,300 |   |   |   | 9,000 |   |   |   | 700 |   |   |   | - |   |   |   | 8.4 | % |   |   | 0.0 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Wireless      lines in service                       |   |   | 6,900 |   |   |   | 7,200 |   |   |   | 7,100 |   |   |   | (300 | ) |   |   | (200 | ) |   |   | -4.2 | % |   |   | -2.8 | % |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Regulated      Operations                            |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Voice:                                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total local      access lines in service             |   |   | 12,300 |   |   | NA |   |   |   | 12,200 |   |   | NA |   |   | NA |   |   | NA |   |   | NA |   |
|                                                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

|                                                             |   |  Three      Months |   |   |               |   |   |          |   |   | September 30,      2008 |   |   |          |   |   | September 30,      2008 |   |   |          |   |
|------------------------------------------------------------------|--------|-------------------------|--------|--------|--------------------|--------|--------|---------------|--------|--------|-------------------------|--------|--------|---------------|--------|--------|-------------------------|--------|--------|---------------|--------|
|                                                             |   | Ended                   |   |   |               |   |   |          |   |   | as Compared      to     |   |   |          |   |   | as Compared      to     |   |   |          |   |
|                                                             |   | September      30,      |   |   | September      30, |   |   | June      30, |   |   | September      30,      |   |   | June      30, |   |   | September      30,      |   |   | June      30, |   |
|                                                             |   | 2008                    |   |   | 2007               |   |   | 2008          |   |   | 2007                    |   |   | 2008          |   |   | 2007                    |   |   | 2008          |   |
| Consumer                                                         |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |
| Voice                                                            |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |
| Long-distance      minutes carried  (in      millions) |   |                    | 31.2   |   |               |   | 33.2   |          |   |   | 32.0                    |   |   |          | (2.0   | )      |                    |   | (0.8   | )             |   |   | -6.0 | % |   |   | -2.5 | % |
|                                                             |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Video                                                            |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Average      monthly gross revenue per  subscriber     |   | $                       | 67.18  |   |               | $      | 63.44  |          |   | $      | 65.86                   |   |   | $             | 3.74   |   |                    | $      | 1.32   |          |   |   | 5.9 | % |   |   | 2.0 | % |
|                                                             |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Wireless                                                         |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Average      monthly gross revenue per  subscriber     |   | $                       | 56.48  |   |               | $      | 58.25  |          |   | $      | 57.39                   |   |   | $             | (1.77  | )      |                    | $      | (0.91  | )             |   |   | -3.0 | % |   |   | -1.6 | % |
|                                                             |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Network      Access Services                                     |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Voice                                                            |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Long-distance      minutes carried  (in      millions) |   |                    | 255.8  |   |               |   | 321.4  |          |   |   | 326.2                   |   |   |          | (65.6  | )      |                    |   | (70.4  | )             |   |   | -20.4 | % |   |   | -21.6 | % |
|                                                             |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Commercial                                                       |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Voice:                                                           |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Long-distance      minutes carried  (in      millions) |   |                    | 33.3   |   |               |   | 33.5   |          |   |   | 32.9                    |   |   |          | (0.2   | )      |                    |   | 0.4    |          |   |   | -0.6 | % |   |   | 1.2 | % |
|                                                             |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Total                                                            |   |                    |   |   |               |   |   |          |   |   |                    |   |   |          |   |   |                    |   |   |          |   |   |   |   |   |   |   |   |
| Long-distance      minutes carried  (in      millions) |   |                    | 320.3  |   |               |   | 388.1  |          |   |   | 391.1                   |   |   |          | (67.8  | )      |                    |   | (70.8  | )             |   |   | -17.5 | % |   |   | -18.1 | % |

----

|                                       |   | Three Months      Ended                   |   |
|--------------------------------------------|--------|-------------------------------------------|--------|
|                                       |   | September      30,2008      (preliminary) |   |   | September      30,2007 (as      restated) |   |   | June      30,2008      (preliminarily restated) |   |
| Net      income                            |   | $                                         | 0.6    |   |   |   | 3.0 |   |   |   | 3.0 |   |
| Income tax      expense                    |   |                                      | 1.1    |   |   |   | 3.0 |   |   |   | 2.3 |   |
| Income before      income tax expense      |   |                                      | 1.7    |   |   |   | 6.0 |   |   |   | 5.3 |   |
|                                       |   |                                      |   |   |   |   |   |   |   |   |   |   |
| Other      (income) expense:               |   |                                      |   |   |   |   |   |   |   |   |   |   |
| Interest      expense                      |   |                                      | 13.7   |   |   |   | 8.6 |   |   |   | 10.9 |   |
| Loan and      senior notes fees            |   |                                      | 0.4    |   |   |   | 0.7 |   |   |   | 0.8 |   |
| Interest      income                       |   |                                      | (0.4   | ) |   |   | (0.1 | ) |   |   | (0.4 | ) |
| Minority      interest                     |   |                                      | 0.5    |   |   |   | --- |   |   |   | (0.4 | ) |
| Other      expense, net                    |   |                                      | 14.2   |   |   |   | 9.2 |   |   |   | 10.9 |   |
|                                       |   |                                      |   |   |   |   |   |   |   |   |   |   |
| Operating      income                      |   |                                      | 15.9   |   |   |   | 15.2 |   |   |   | 16.2 |   |
| Depreciation      and amortization expense |   |                                      | 28.6   |   |   |   | 22.0 |   |   |   | 25.5 |   |
| Minority      interest                     |   |                                      | (0.5   | )  |   |   | --- |   |   |   | 0.4 |   |
|                                       |   |                                      |   |   |   |   |   |   |   |   |   |   |
| EBITDA (Note      2)                       |   |                                      | 44.0   |   |   |   | 37.2 |   |   |   | 42.1 |   |
| Share-based      compensation expense      |   |                                      | 2.7    |   |   |   | 1.7 |   |   |   | 1.7 |   |
| EBITDAS (Note      1)                      |   | $                                         | 46.7   |   |   |   | 38.9 |   |   |   | 43.8 |   |

|                                       |   | Nine Months      Ended               |   |
|--------------------------------------------|--------|--------------------------------------|--------|
|                                       |   | September 30,      2008(preliminary) |   |   | September 30,      2007 (as restated) |   |
| Net      income                            |   | $                                    | 4.7    |   |   |   | 11.2 |   |
| Income tax      expense                    |   |                                 | 6.0    |   |   |   | 9.8 |   |
| Income before      income tax expense      |   |                                 | 10.7   |   |   |   | 21.0 |   |
|                                       |   |                                 |   |   |   |   |   |   |
| Other      (income) expense:               |   |                                 |   |   |   |   |   |   |
| Interest      expense                      |   |                                 | 33.3   |   |   |   | 25.5 |   |
| Loan and      senior notes fees            |   |                                 | 1.5    |   |   |   | 1.1 |   |
| Interest      income                       |   |                                 | (0.9   | ) |   |   | (0.4 | ) |
| Minority      interest                     |   |                                 | (0.3   | ) |   |   | --- |   |
| Other      expense, net                    |   |                                 | 33.6   |   |   |   | 26.2 |   |
|                                       |   |                                 |   |   |   |   |   |   |
| Operating      income                      |   |                                 | 44.3   |   |   |   | 47.2 |   |
| Depreciation      and amortization expense |   |                                 | 78.8   |   |   |   | 64.3 |   |
| Minority      interest                     |   |                                 | 0.4    |   |   |   | --- |   |
|                                       |   |                                 |   |   |   |   |   |   |
| EBITDA (Note      2)                       |   |                                 | 123.5  |   |   |   | 111.5 |   |
| Share-based      compensation expense      |   |                                 | 5.6    |   |   |   | 3.5 |   |
| EBITDAS (Note      1)                      |   | $                                    | 129.1  |   |   |   | 115.0 |   |

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

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|   | (2) EBITDA      (Earnings Before Interest, Taxes, Depreciation and Amortization) is the      sum of Net Income, Interest Expense, Loan and Senior Notes 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. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) Our      results for the three and nine months ended September 30, 2008 are      preliminary as our auditors have not completed their review due to a      restatement of our Forms 10-Q for the three months ended March 31, 2008      and for the three and six months ended June 30, 2008. We are in the      process of assessing the impact of the restatement and we expect to file      Forms 10-Q/A for March 31, 2008 and June 30, 2008 as soon as      practicable.  The financial information presented includes the      anticipated effects of therestatement. |
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