Document:

EX-10.30

 Exhibit 10.30 

FOURTH AMENDED AND RESTATED SHARE EXCHANGE AGREEMENT 

This FOURTH AMENDED AND RESTATED SHARE EXCHANGE AGREEMENT (this “Agreement”), is dated as of June 30, 2017, by and
between Axonics Modulation Technologies, Inc., a Delaware corporation, (the “Company”); Biodiscovery 4 FCPR, a fund managed by Edmond de Rothschild Investment Partners (“Biodiscovery”); and Coöperatieve Gilde
Healthcare IV U.A. (“Gilde”). Each of the parties to this Agreement is individually referred to herein as a “Party” and collectively, as the “Parties,” and each of Biodiscovery and Gilde are
individually referred to herein as an “Investor” and collectively as the Investors. 
 RECITALS 

WHEREAS, the Company, Biodiscovery and certain other investors are parties to a (i) Series A Preferred Stock Purchase Agreement,
dated as of March 14, 2014, as amended (the “Series A Purchase Agreement”), (ii) Series B-1 and Series B-2 Preferred Stock Purchase Agreement,
dated as of December 4, 2015 (the “Series B Purchase Agreement”), and (iii) Series C Preferred Stock Purchase Agreement, dated as of the date hereof (the “Series C Purchase Agreement”); 

WHEREAS, in order to induce the Investors to purchase shares of Series C Preferred Stock of the Company, par value $0.0001 per share
(the “Series C Shares”), and invest funds in the Company pursuant to the Series C Purchase Agreement, the Company and the Investors have agreed to a structure whereby each Investor is, concurrently with its entry into this
Agreement, investing ten percent (10%) of its investment directly into the Company and ninety percent (90%) of its investment in the Company through Axonics Europe, S.A.S., a French société par actions simplifiée
(“FrenchCo”); 
 WHEREAS, in connection with the Series A Purchase Agreement, Biodiscovery subscribed to an
issuance of 4,532,846 ordinary shares (the “FrenchCo A Shares”); 
 WHEREAS, in connection with the Series B
Purchase Agreement, Biodiscovery subscribed to an issuance of 4,084,694 ordinary shares (the “FrenchCo B-1 Shares”) as well as an additional 2,436,670 ordinary shares (the “FrenchCo B-2 Shares”); 
 WHEREAS, in connection with the Series C Purchase Agreement, Biodiscovery
subscribed to a new issuance of 490,677 ordinary shares (the “Biodiscovery FrenchCo C Shares”, and together with the FrenchCo A Shares, FrenchCo B-1 Shares and FrenchCo B-2 Shares, the “Biodiscovery FrenchCo Shares”); 
 WHEREAS, in connection
with the Series C Purchase Agreement, Gilde separately shall subscribe as of the applicable Closing to a new issuance of 1,499,999 ordinary shares, (the “Gilde FrenchCo C Shares”, and together with the Biodiscovery FrenchCo C Shares
where the context requires, the “French Co C Shares”); 
 WHEREAS, pursuant to the Third Amended and Restated Share
Exchange Agreement, dated as of April 28, 2017, by and between the Company and Biodiscovery (the “Prior Agreement”), the Company granted Biodiscovery, amongst other things, an option to exchange the FrenchCo A Shares for Series
A Preferred Stock of the Company, par value 
  

 $0.0001 per share (the “Series A Shares”), an option to exchange the FrenchCo B-1 Shares for Series B-1 Preferred Stock of the Company, par value $0.0001 per share (the “Series B-1 Shares”), an
option to exchange the FrenchCo B-2 Shares for Series B-2 Preferred Stock of the Company, par value $0.0001 per share (the “Series
B-2 Shares”) and an option to exchange the Biodiscovery FrenchCo C Shares subscribed to by Biodiscovery for Series C Preferred Stock of the Company, par value $0.0001 per share (the
“Biodiscovery Series C Shares” and together with the Series A Shares, the Series B-1 Shares and the Biodiscovery Series C Shares, the “Biodiscovery Series Shares”); and 

WHEREAS, this Agreement amends and restates the terms of the Prior Agreement to add Gilde as an additional Investor with the option to
exchange its FrenchCo C Shares for Series C Preferred Stock of the Company, par value $0.0001 per share (“Gilde Series C Shares”), all as more fully set forth in this Agreement. 

AGREEMENT 
 NOW,
THEREFORE, in consideration of the mutual promises and covenants set forth herein, and for other good and valuable consideration, the sufficiency of which is hereby acknowledged, the Parties hereby agree as follows: 

1. Share Exchange. 
 1.1.
Series A Preferred Exchange. Subject to the terms and conditions of this Agreement, Biodiscovery shall have the option (the “Series A Preferred Option”) to contribute and exchange the FrenchCo A Shares, free and clear of all
pledges, liens, charges, claims, encumbrances, security interests and other similar rights of other persons or entities (collectively, the “Liens”), in exchange for Series A Shares, free and clear of all Liens (the “Series A
Preferred Exchange”). The Investor may exercise the Series A Preferred Option, at any time and in whole or in part in one or more transactions, by delivery of a duly executed ordre de mouvement for the FrenchCo A Shares to the
Company at its principal office, accompanied by Biodiscovery’s written statement specifying that it intends to exercise the Series A Preferred Option. 

1.2. Series B-1 Preferred Exchange. Subject to the terms and conditions of this Agreement,
Biodiscovery shall have the option (the “Series B-1 Preferred Option”) to contribute and exchange the FrenchCo B-1 Shares, free and clear of all Liens,
in exchange for Series B-1 Shares, free and clear of all Liens (the “Series B-1 Preferred Exchange”). The Investor may exercise the Series B-1 Preferred Option, at any time and in whole or in part in one or more transactions, by delivery of a duly executed ordre de mouvement for the FrenchCo B-1 Shares to
the Company at its principal office, accompanied by Biodiscovery’s written statement specifying that it intends to exercise the Series B-1 Preferred Option. 

1.3. Series B-2 Preferred Exchange. Subject to the terms and conditions of this Agreement,
Biodiscovery shall have the option (the “Series B-2 Preferred Option”) to contribute and exchange the FrenchCo B-2 Shares, free and clear of all Liens,
in exchange for Series B-2 Shares, free and clear of all Liens (the “Series B-2 Preferred Exchange”). The Investor may exercise the Series B-2 Preferred Option, at any time and in whole or in part in one or more transactions, by delivery of a duly executed ordre de mouvement for the 

  
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FrenchCo B-2 Shares to the Company at its principal office, accompanied by Biodiscovery’s written statement specifying that it intends to exercise the
Series B-2 Preferred Option. 
 1.4. Series C Preferred Exchange—Biodiscovery. Subject to
the terms and conditions of this Agreement, Biodiscovery shall have the option (a “Series C Preferred Option” and together with the Series A Preferred Option, the Series B-1 Preferred Option,
and the Series B-2 Preferred Option, an “Option”) to contribute and exchange the Biodiscovery FrenchCo C Shares, free and clear of all Liens, in exchange for Series C Shares, free and clear of
all Liens (a “Series C Preferred Exchange”). Biodiscovery may exercise its Series C Preferred Option, at any time and in whole or in part in one or more transactions, by delivery of a duly executed ordre de mouvement for the
Biodiscovery FrenchCo C Shares to the Company at its principal office, accompanied by the Biodiscovery’s written statement specifying that it intends to exercise its Series C Preferred Option. Notwithstanding any contrary provision of this
Agreement or any other agreement between the parties, Biodiscovery shall have the right and option to unilaterally exercise its Series C Preferred Option at any time and in its sole discretion without reference to any exercise or other act or
omission of Gilde. 
 1.5. Series C Preferred Exchange—Gilde. Subject to the terms and conditions of this Agreement, Gilde shall
have the option (a “Series C Preferred Option” or “Option”) to contribute and exchange the Gilde FrenchCo C Shares, free and clear of all Liens, in exchange for Series C Shares, free and clear of all Liens (also a
“Series C Preferred Exchange”). Gilde may exercise its Series C Preferred Option, at any time and in whole or in part in one or more transactions, by delivery of a duly executed ordre de mouvement for the Gilde FrenchCo C
Shares to the Company at its principal office, accompanied by the Investor’s written statement specifying that it intends to exercise its Series C Preferred Option and the number of Gilde FrenchCo C Shares subject to such exercise.
Notwithstanding any contrary provision of this Agreement or any other agreement between the parties, Gilde shall have the right and option to unilaterally exercise its Series C Preferred Option at any time and in its sole discretion without
reference to any exercise or other act or omission of Biodiscovery. 
 1.6. Preferred Exchange Ratio. 

1.6.1. FrenchCo A Shares. Upon the exercise of the Series A Preferred Option in whole or in part, Biodiscovery shall be entitled to
receive, for each FrenchCo A Share, such amount of Series A Shares equal to (i) the per share subscription price by Biodiscovery for the FrenchCo A Shares (the “FrenchCo A Share Subscription Price”) at the First Initial Closing
(as defined in the Series A Purchase Agreement) divided by (ii) the per share purchase price of the Series A Shares at the First Initial Closing, which shall be $20.00 per share (the “Series A Preferred Exchange Ratio”),
subject to adjustments as provided in Section 1.8. The Series A Preferred Option may only be exercised with respect to a whole number of Series A Shares. No fractional shares shall be issuable upon exercise of the Series A
Preferred Option, and if the number of Series A Shares to be issued in accordance with the Series A Preferred Exchange Ratio is other than a whole number, the Company shall pay to Biodiscovery an amount in cash equal to the fair market value of the
resulting fractional share on the exercise date. It is hereby agreed that the FrenchCo A Share Subscription Price, in United States dollars, is $1.37 per €1 and shall not vary based upon currency exchange rates in effect after the date hereof.
For the avoidance of doubt, it is specified that if the Series A 

  
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Preferred Option were exercised immediately following the First Initial Closing, Biodiscovery would receive, in accordance with the Series A Preferred Exchange Ratio, 310,500 Series A Shares.

 1.6.2. FrenchCo B-1 Shares. Upon the exercise of the Series
B-1 Preferred Option in whole or in part, Biodiscovery shall be entitled to receive, for each FrenchCo B-1 Share, such amount of Series
B-1 Shares equal to (i) the per share subscription price by Biodiscovery for the FrenchCo B-1 Shares (the “FrenchCo B-1
Share Subscription Price”) at the Initial Closing (as defined in the Series B Purchase Agreement) divided by (ii) the per share purchase price of the Series B-1 Shares at the Initial Closing, which
shall be $7.20 per share (the “Series B-1 Preferred Exchange Ratio”), subject to adjustments as provided in Section 1.8. The Series
B-1 Preferred Option may only be exercised with respect to a whole number of Series B-1 Shares. No fractional shares shall be issuable upon exercise of the Series B-1 Preferred Option, and if the number of Series B-1 Shares to be issued in accordance with the Series B-1 Preferred Exchange Ratio is
other than a whole number, the Company shall pay to Biodiscovery an amount in cash equal to the fair market value of the resulting fractional share on the exercise date. It is hereby agreed that the FrenchCo
B-1 Share Subscription Price, in United States dollars, is $1.06 per €1 and shall not vary based upon currency exchange rates in effect after the date hereof. For the avoidance of doubt, it is specified
that if the Series B-1 Preferred Option were exercised immediately following the Initial Closing, Biodiscovery would receive, in accordance with the Series B-1 Preferred
Exchange Ratio, 604,560 Series B-1 Shares. 
 1.6.3. FrenchCo
B-2 Shares. Upon the exercise of the Series B-2 Preferred Option in whole or in part, Biodiscovery shall be entitled to receive, for each FrenchCo B-2 Share, such amount of Series B-2 Shares equal to (i) the per share subscription price by Biodiscovery for the FrenchCo B-2
Shares (the “FrenchCo B-2 Share Subscription Price”) at the applicable Closing (as defined in the Series B Purchase Agreement) divided by (ii) the per share purchase price of the Series B-2 Shares at the applicable Closing, which shall be $8.00 per share (the “Series B-2 Preferred Exchange Ratio”), subject to adjustments as provided in
Section 1.8. The Series B-2 Preferred Option may only be exercised with respect to a whole number of Series B-2 Shares. No fractional shares
shall be issuable upon exercise of the Series B-2 Preferred Option, and if the number of Series B-2 Shares to be issued in accordance with the Series B-2 Preferred Exchange Ratio is other than a whole number, the Company shall pay to Biodiscovery an amount in cash equal to the fair market value of the resulting fractional share on the exercise date. It is hereby
agreed that the FrenchCo B-2 Share Subscription Price, in United States dollars, is $1.06 per €1 and shall not vary based upon currency exchange rates in effect after the date hereof. For the avoidance of
doubt, it is specified that if the Series B-2 Preferred Option were exercised immediately following the applicable Closing, Biodiscovery would receive, in accordance with the Series B-2 Preferred Exchange Ratio, 323,437 Series B-2 Shares. 
 1.6.4.
Biodiscovery FrenchCo C Shares. Upon the exercise of its Series C Preferred Option in whole or in part, Biodiscovery shall be entitled to receive, for each Biodiscovery FrenchCo C Share, such amount of Series C Shares equal to (i) the
per share subscription price by Biodiscovery for the FrenchCo C Shares (the “Biodiscovery FrenchCo C Share Subscription Price”) at the applicable Closing (as defined in the Series C Purchase Agreement) divided by (ii) the per
share purchase price of the Series C Shares at the applicable Closing, which shall be $9.00 per share (the “Biodiscovery Series C Preferred  

  
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Exchange Ratio” and together with the Series A Preferred Exchange Ratio, the Series B-1 Preferred Exchange Ratio, and the Series B-2 Preferred Exchange Ratio, the “Biodiscovery Exchange Ratios”), subject to adjustments as provided in Section 1.8. The Series C Preferred Option may only be exercised
with respect to a whole number of Series C Shares. No fractional shares shall be issuable upon exercise of the Biodiscovery Series C Preferred Option, and if the number of Series C Shares to be issued in accordance with the Biodiscovery Series C
Preferred Exchange Ratio is other than a whole number, the Company shall pay to Biodiscovery an amount in cash equal to the fair market value of the resulting fractional share on the exercise date. It is hereby agreed that the Biodiscovery FrenchCo
C Share Subscription Price, in United States dollars, is $1.07 per €1 and shall not vary based upon currency exchange rates in effect after the date hereof. For the avoidance of doubt, it is specified that if the Biodiscovery Series C Preferred
Option were exercised immediately following the applicable Closing, Biodiscovery would receive, in accordance with the Series C Preferred Exchange Ratio, 490,677 Series C Shares. 

1.6.5. Gilde FrenchCo C Shares. Upon the exercise of its Series C Preferred Option in whole or in part, Gilde shall be entitled to
receive, for each Gilde FrenchCo C Share subject to such exercise, such amount of Series C Shares equal to (i) the per share subscription price by Gilde for the FrenchCo C Shares (the “Gilde FrenchCo C Share Subscription
Price”) at the applicable Closing (as defined in the Series C Purchase Agreement) divided by (ii) the per share purchase price of the Series C Shares at the applicable Closing, which shall be $9.00 per share (the “Gilde Series
C Preferred Exchange Ratio”), subject to adjustments as provided in Section 1.8. The Series C Preferred Option may only be exercised with respect to a whole number of Series C Shares. No fractional shares shall be
issuable upon exercise of the Gilde Series C Preferred Option, and if the number of Series C Shares to be issued in accordance with the Gilde Series C Preferred Exchange Ratio is other than a whole number, the Company shall pay to Gilde an amount in
cash equal to the fair market value of the resulting fractional share on the exercise date. It is hereby agreed that the Gilde FrenchCo C Share Subscription Price, in United States dollars, is $1.12 per €1 as of the date of this Agreement and
shall not vary based upon currency exchange rates in effect after the date hereof. For the avoidance of doubt, it is specified that if the Gilde Series C Preferred Option were exercised as of the date of this Agreement, Gilde would receive, in
accordance with the Gilde Series C Preferred Exchange Ratio, 1,499,999 Series C Shares. 
 1.7. Certificates. Upon the exercise of an
Option by an Investor, the Company shall deliver to the Investor within five (5) business days a stock certificate or certificates representing the Securities (as defined below) issued to the Investor in connection with the exercise of an
Option, together with cash, in lieu of any fraction of a Series A Share, Series B-1 Share, Series B-2 Share, or Series C Share, as applicable. 

1.8. Adjustments. The number and series of the Biodiscovery Series Shares and the Gilde Series C Preferred Shares issuable upon exercise
of the Options (the “Securities”) and the Exchange Ratios shall be subject to adjustment from time to time upon the happening of certain events, as follows; provided, that if more than one subsection of this
Section 1.8 is applicable to a single event, the subsection shall be applied that produces the largest adjustment and no single event shall cause an adjustment under more than one subsection of this
Section 1.8 so as to result in duplication: 

  
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 1.8.1. Dividends, Distributions, Stock Splits or Combinations. If the Company shall
at any time or from time to time after the date hereof (a) make or issue, or fix a record date for the determination of holders of the securities entitled to receive, a dividend or other distribution payable in additional shares of securities,
evidence of indebtedness, assets, cash, rights or warrants, (b) subdivide its outstanding securities into a larger number of securities or (c) combine its outstanding securities into a smaller number of the securities, then and in each
such event the Exchange Ratios then in effect and the number of the Securities issuable upon exercise of the applicable Option or Options shall be appropriately adjusted to preserve the Exchange Ratios set forth in
Section 1.6 hereof. 
 1.8.2. Merger, Reclassification or Reorganization. If securities of the Company
shall be changed into the same or different number of securities of the Company, whether by capital reorganization, recapitalization, reclassification, consolidation, merger or otherwise (other than a subdivision or combination of shares or stock
dividend provided for in Section 1.8.1 above, or pursuant to a Liquidation (as defined in the Fourth Amended and Restated Certificate of Incorporation of the Company, as amended from time to time (the
“Charter”)), then and in each such event the applicable Investor shall be entitled to receive upon the exercise of its Option or Options the kind and amount of Securities and property receivable upon such reorganization,
recapitalization, reclassification, consolidation, merger or other change to which a holder of the number of the Securities issuable upon the exercise of its Option or Options would have received if such Option or Options had been exercised
immediately prior to such reorganization, reclassification or other change, all subject to further adjustment as provided herein. 
 1.8.3.
Notice of Adjustments and Record Dates. The Company shall promptly notify the applicable Investor in writing of each adjustment or readjustment of the Exchange Ratios and the number of shares of the Securities issuable upon the exercise of
the Options. Such notice shall state the adjustment or readjustment and show in reasonable detail the facts on which that adjustment or readjustment is based. In the event of any taking by the Company of a record of the holders of the Securities for
the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution, the Company shall notify the Investor in writing of such record date at least ten (10) days prior to the date specified therein. 

1.8.4. Other Events. For so long as the applicable Investor or its affiliate(s) hold an Option or any portion thereof, if any event
occurs as to which the provisions of this Section 1.8 are not strictly applicable or, if strictly applicable, would not, in the good faith judgment of the board of directors of the Company (the “Board of
Directors”), fairly and adequately protect the Exchange Ratios of the respective Options in accordance with the essential intent and principles of such provisions, then the Board of Directors shall make such adjustments in the application
of such provisions, in accordance with such essential intent and principles, as shall be reasonably necessary, in the good faith opinion of the Board of Directors, to protect such Exchange Ratios. The Exchange Ratios or the number of the Securities
into which the respective Options are exercisable shall not be adjusted in the event of a change in the par value of any securities or a change in the jurisdiction of incorporation of the Company. 

1.8.5. No Impairment. The Company will not, by amendment of its Charter or through any reorganization, transfer of assets,
consolidation, merger, dissolution, 

  
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issue or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will
at all times in good faith assist in the carrying out of all of the provisions of the Options and in taking of all such action as may be necessary or appropriate in order to protect the rights of the Investor. 

1.9. Automatic Exercise Upon Liquidation or IPO. Upon a Liquidation or a sale of the Company’s Common Stock or other securities in
the Company’s first underwritten public offering pursuant to an effective registration statement under the Securities Act (as defined below) (an “IPO”), the Series A Preferred Option, the Series
B-1 Preferred Option, the Series B-2 Preferred Option, and the Biodiscovery Series C Preferred Option and the Gilde Series C Preferred Option respectively shall
automatically be deemed to be exercised in full and exchanged by the applicable Investor for the Securities in the manner set forth in this Section 1, without any further action on behalf of such Investor, immediately prior
to the closing of such Liquidation or IPO. The Company agrees to provide written notice to each Investor at least five (5) days prior to the occurrence of the Liquidation or IPO. The aggregate number of Series A Shares, Series B-1 Shares, Series B-2 Shares, and Series C Shares to be so issued to the applicable Investor respectively upon the automatic exercise of the Series A Preferred Option, the
Series B-1 Preferred Option, Series B-2 Preferred Option, and Biodiscovery Series C Preferred Option and the Gilde Series C Preferred Option under this
Section 1.9 shall be equal to the number of Series A Shares, Series B-1 Shares, Series B-2 Shares, and Series C Shares the applicable Investor
would have held if it had invested all of its commitment initially in the Company, respectively. 
 2. Securities Laws. None of the
Biodiscovery Series Shares or the Gilde Series C Shares or the FrenchCo Shares have been registered under the Securities Act of 1933, as amended (“Securities Act”), or any state securities laws (“Blue Sky Laws”).
They have been acquired for investment purposes and not with a view to distribution or resale and may not be sold or otherwise transferred without (i) an effective registration statement for such securities under the Securities Act and such
applicable Blue Sky Laws, or (ii) an opinion of counsel, which shall be reasonably satisfactory to the issuer and its counsel, that registration is not required under the Securities Act or under any applicable Blue Sky Laws. The certificates
representing such securities shall bear, in addition to any other legend required by applicable law, all of the same legends as applicable to the Securities issued pursuant to the Series A Purchase Agreement, the Series B Purchase Agreement, and the
Series C Purchase Agreement. 
 3. Representations and Warranties. 

3.1. Representations and Warranties of each Investor. Each Investor hereby represents and warrants to the Company, severally but not
jointly, as follows as of the date hereof: 
 3.1.1. Organization; Power and Authority. The Investor is duly organized, validly
existing and in good standing under the laws of France (in the case of Biodiscovery) and the Netherlands (in the case of Gilde), and has all requisite power and authority to own, lease, and operate its property and assets, and carry on its business
as it is now being conducted. 
 3.1.2. Due Execution; Effect of Agreement. The Investor has the requisite power and authority to
enter into this Agreement and to carry out the transactions 

  
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contemplated hereby. This Agreement has been duly executed and delivered by the Investor and constitutes the legal, valid and binding obligation of the Investor, enforceable against the Investor
in accordance with its terms. 
 3.1.3. Consents. 

(a) The execution, delivery and performance of this Agreement by the Investor and the consummation of the transactions contemplated hereby by
the Investor and the compliance by the Investor with the provisions hereof and thereof, will not, with or without the giving of notice or the passage of time (or both), (i) constitute a violation of the organizational documents of the Investor,
(ii) conflict with, result in the breach of, constitute a default under, or give rise to a right of acceleration or termination under any material agreement, lease, mortgage, note, bond, indenture, or other instrument or undertaking, oral or
written, to which the Investor is a party or by which the Investor’s properties or assets are or may be bound, (iii) constitute a violation of any governmental law, ordinance, rule or regulation or violate any term or provision of any
order, writ, judgment, injunction or decree of any court, governmental authority, commission, board, bureau, agency, instrumentality or arbitrator, applicable or relating to the Investor’s business or (iv) terminate or adversely affect any
transferable governmental permit, license or authorization used or required by the Investor for the operation of its business as currently conducted. 

(b) No consent, approval or authorization of, exemption by, or filing with, any governmental or regulatory authority or any third party is
required in connection with the execution, delivery and performance by the Investor of this Agreement, except for consents, approvals, authorizations, exemptions and filings, if any, which have been obtained. 

3.1.4. Compliance with Applicable Laws; Litigation. The Investor is not engaging in any activity or omitting to take any action as a
result of which the Investor is in violation of any law, rule, regulation, ordinance, statute, order, injunction or decree, or any other requirement of any court or governmental or administrative body or agency, applicable to the Investor’s
business. The Investor is not subject to any pending or threatened litigation. 
 3.1.5. Full Disclosure. None of the information
supplied by the Investor herein contains any untrue statement of a material fact or omits to state a material fact required to be stated herein or necessary in order to make the statements herein, in light of the circumstances under which they are
made, not misleading. 
 4. Certain Additional Covenants and Agreements. 

4.1. Reservation of Sufficient Securities. The Company covenants and agrees that all Securities will, upon issuance and payment
therefor, be legally and validly issued and outstanding, fully paid and nonassessable, free from all Liens. The Company shall at all times reserve and keep available for issuance upon the exercise of the Series A Preferred Option, Series B-1 Preferred Option, Series B-2 Preferred Option and Series C Preferred Option, such number of authorized but unissued Series A Shares, Series
B-1 Shares, Series B-2 Shares, and Series C Shares, respectively, as will be sufficient to permit the exercise in full of each such Option of each Investor. 

  
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 4.2. Costs and Expenses. The Company and the Investor will each respectively pay all
its own expenses incurred in connection with this Agreement and the transactions contemplated hereby. In addition, the Investor shall bear the cost of any transfer taxes (droits d’enregistrement) due under the laws of France upon
exercise of each Option, if and when applicable. 
 5. Miscellaneous. 

5.1. Notices. All notices and other communications under this Agreement shall be in writing and shall be deemed given: (i) upon
personal delivery to the Party being notified, (ii) when sent by confirmed electronic mail if sent during normal business hours of the receiving Party; if not, then on the next business day, (iii) five (5) days after having been sent by
registered or certified mail, return receipt requested, postage prepaid, or (iv) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery with written verification of receipt. All communications
shall be sent to the respective Parties at the addresses set forth on each respective Party’s signature page hereto. 
 5.2.
Successors and Assigns. This Agreement shall bind and inure to the benefit of the Parties hereto and their respective successors and permitted assigns. No Party shall assign its rights or obligations under this Agreement to any third party
without the prior written consent of the other Parties, which consent shall not be unreasonably withheld. 
 5.3. Governing Law. This
Agreement shall be governed by, interpreted under and construed and enforced in accordance with, the laws of the State of Delaware, regardless of the laws that might otherwise govern under applicable principles of conflicts of laws thereof. 

5.4. Entire Agreement. This Agreement contains the entire agreement between the Parties with respect to the subject matter hereof and
supersedes all prior understandings with respect thereto. 
 5.5. Amendment. This Agreement may not be modified, changed,
supplemented or terminated, nor may any obligations hereunder be waived, except by written instrument signed by each of the Investors and the Company. 

5.6. Remedies. In addition to being entitled to exercise all rights provided herein or granted by law, including recovery of damages,
each of the Investor and the Company shall be entitled to specific performance under this Agreement. The Parties agree that monetary damages may not be adequate compensation for any loss incurred by reason of any breach of obligations described in
the foregoing sentence and hereby agrees to waive in any action for specific performance of any such obligation the defense that a remedy at law would be adequate. 

5.7. Severability. In the event that any provision of this Agreement is determined to be invalid, illegal or unenforceable in any
respect and for any reason, the validity, legality and enforceability of any such provision in every other respect, and the remaining provisions of this Agreement shall not, at the election of the Party for whose benefit the provision exists, in any
way be impaired. 

  
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 5.8. Counterparts. This Agreement may be executed in two or more counterparts, and
by facsimile or other electronic transmission, each of which when so executed and delivered shall be deemed an original, but all of which taken together shall constitute but one and the same original. 

5.9. No Third Party Beneficiaries. The agreements included herein, and otherwise made between the Parties hereto as part of this
transaction, are solely the obligation of, and for the benefit of, the Parties hereto, and there shall be no third party beneficiary of any of the warranties, representations or covenants made in this Agreement or any of the other agreement between
the Parties hereto as part of this transaction. 
 5.10. Prior Agreement. Upon the execution hereof by the Company and the Investor,
this Agreement shall amend, restate and supersede the Prior Agreement, such that the Prior Agreement shall be of no further force or effect. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties have executed this Fourth Amended and Restated Share
Exchange Agreement as of the day and year first above written. 
  

					
	BIODISCOVERY 4 FCPR
	
	By: Edmond de Rothschild Investment Partners, its manager
		
	By:	 	 /s/ Raphael Wisniewski

	Name: Raphael Wisniewski
	Title: Partner
	
	Address:
	
	 47 rue du Faubourg Saint-
 Honore
75401 Paris Cedex 08

	France
	
	AXONICS MODULATION TECHNOLOGIES, INC.
		
	By:	 	 /s/ Raymond Cohen

	Name: Raymond Cohen
	Title: Chief Executive
	
	Address:
	
	7575 Irvine Center Drive
	Irvine, California 92618 USA
	
	COÖPERATIEVE GILDE HEALTHCARE IV U.A.
			
	By:	 	/s/ Marc Olivier Perret            	 	/s/ Pieter van der Meer            
	Name:	 	Marc Olivier Perret	 	Pieter van der Meer
	Title:	 	Managing Partner	 	Managing Partner
	
	Address:
	
	 Newtonlaan 91
 3508AB –
Utrecht

	The Netherlands

 SIGNATURE PAGE TO FOURTH AMENDED AND RESTATED SHARE EXCHANGE AGREEMENTExhibit 4.1

 

[FORM OF OFFICERS’ CERTIFICATE]

 

COMCAST CORPORATION

 

Officers’ Certificate

 

October 5, 2018

 

Pursuant to Section
2.03 of the Indenture dated as of September 18, 2013, by and among Comcast Corporation (the “Company”), the
guarantors named therein and The Bank of New York Mellon, as trustee (the “Trustee”), as supplemented by the
First Supplemental Indenture dated as of November 17, 2015 (as amended, the “Indenture”), by and among the Company,
the guarantors named therein and the Trustee, and guaranteed on an unsecured and unsubordinated basis by Comcast Cable Communications,
LLC and NBCUniversal Media, LLC, the undersigned officers of the Company do hereby certify, in connection with the issuance of
the Company’s $1,250,000,000 aggregate principal amount of Floating Rate Notes Due 2020, $1,000,000,000 aggregate principal
amount of Floating Rate Notes Due 2021 and $500,000,000 aggregate principal amount of Floating Rate Notes Due 2024 (collectively,
the “Floating Rate Notes”) and $1,750,000,000 aggregate principal amount of 3.300% Notes Due 2020, $2,000,000,000
aggregate principal amount of 3.450% Notes Due 2021, $2,500,000,000 aggregate principal amount of 3.700% Notes Due 2024, $3,000,000,000
aggregate principal amount of 3.950% Notes Due 2025, $4,000,000,000 aggregate principal amount of 4.150% Notes Due 2028, $1,500,000,000
aggregate principal amount of 4.250% Notes Due 2030, $3,000,000,000 aggregate principal amount of 4.600% Notes Due 2038, $4,000,000,000
aggregate principal amount of 4.700% Notes Due 2048 and $2,500,000,000 aggregate principal amount of 4.950% Notes Due 2058, (collectively,
the “Fixed Rate Notes”), that the terms of the Floating Rate Notes and the Fixed Rate Notes are as follows:

 

	Floating Rate Notes Due 2020
	 
	Title:	Floating Rate Notes Due 2020
	 	 
	Aggregate Principal Amount at Maturity:	
        $1,250,000,000

        

	 	 
	Principal Payment Date:	October 1, 2020
	 	 
	Interest:	
        Interest will accrue for each quarterly interest period
at a rate equal to three-month LIBOR plus 0.330%. The interest rate for the initial interest period from and including October
5, 2018 to, but excluding January 1, 2019, is 2.73825%.

        

	 	 
	Redemption:	None. 
	 	 

     

     

    

	Additional Issuances:	The Floating Rate Notes need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Floating Rate Notes Due 2020 under this series.  Additional Floating Rate Notes Due 2020 of this series may be consolidated with, and form a single series with, the Floating Rate Notes Due 2020 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Floating Rate Notes are not fungible with the Floating Rate Notes Due 2020 then outstanding for U.S. federal income tax purposes, such additional Floating Rate Notes will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Floating Rate Notes due 2020 shall include such other terms as are set forth in the Form of Floating Rate Notes due 2020 attached hereto as Exhibit A-1.
	 	 

	Floating Rate Notes Due 2021
	 
	Title:	Floating Rate Notes Due 2021
	 	 
	Aggregate Principal Amount at Maturity:	
        $1,000,000,000

        

	 	 
	Principal Payment Date:	October 1, 2021
	 	 
	Interest:	
        Interest will accrue for each quarterly interest period
at a rate equal to three-month LIBOR plus 0.440%. The interest rate for the initial interest period from and including October
5, 2018 to, but excluding January 1, 2019, is 2.84825%.

        

	 	 
	Redemption:	None. 
	 	 
	Additional Issuances:	The Floating Rate Notes Due 2021 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal 

     

     

    

	 	amount of additional Floating Rate Notes Due 2021 under this series.  Additional Floating Rate Notes Due 2021 of this series may be consolidated with, and form a single series with, the Floating Rate Notes Due 2021 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Floating Rate Notes are not fungible with the Floating Rate Notes Due 2021 then outstanding for U.S. federal income tax purposes, such additional Floating Rate Notes will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Floating Rate Notes Due 2021 shall include such other terms as are set forth in the Form of Floating Rate Notes Due 2021 attached hereto as Exhibit A-2.
	 	 

	Floating Rate Notes Due 2024
	 
	Title:	Floating Rate Notes Due 2024
	 	 
	Aggregate Principal Amount at Maturity:	
        $500,000,000

        

	 	 
	Principal Payment Date:	April 15, 2024
	 	 
	Interest:	
        Interest will accrue for each quarterly interest period
at a rate equal to three-month LIBOR plus 0.630%. The interest rate for the initial interest period from and including October
5, 2018 to, but excluding January 15, 2019, is 3.03825%.

        

	 	 
	Redemption:	None. 
	 	 
	Additional Issuances:	The Floating Rate Notes Due 2024 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Floating Rate Notes Due 2024 under this series.  Additional Floating Rate Notes Due 2024 of this series may be consolidated with, and form a single series with, the Floating Rate 

     

     

    

	 	Notes Due 2024 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Floating Rate Notes are not fungible with the Floating Rate Notes Due 2024 then outstanding for U.S. federal income tax purposes, such additional Floating Rate Notes will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Floating Rate Notes Due 2024 shall include such other terms as are set forth in the Form of Floating Rate Notes Due 2024 attached hereto as Exhibit A-3.
	 	 

	3.300% Notes Due 2020
	 
	Title:	3.300% Notes Due 2020
	 	 
	Aggregate Principal Amount at Maturity:	
        $1,750,000,000

        

	 	 
	Principal Payment Date:	October 1, 2020
	 	 
	Interest:	3.300%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2020 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2020, at the “Redemption Price.”
        The Company will calculate the Redemption Price in connection with any redemption hereunder. The Redemption Price is the greater
        of (i) 100% of the principal amount of the Notes Due 2020, and (ii) the sum of the present values of the principal amount of such
        notes and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption
        date to October 1, 2020, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting
        of twelve 30-day months) at the Treasury

        

     

     

    

	 	Rate (as defined in the Notes Due 2020) plus 10 basis points. In each case described in this paragraph, the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.
	 	 
	Additional Issuances:	The Notes Due 2020 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2020 under this series.  Additional Notes Due 2020 of this series may be consolidated with, and form a single series with, Notes Due 2020 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2020 are not fungible with the Notes Due 2020 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2020 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2020 shall include such other terms as are set forth in the Form of Note Due 2020 attached hereto as Exhibit B-1.
	 	 

	3.450% Notes Due 2021
	 
	Title:	3.450% Notes Due 2021
	 	 
	Aggregate Principal Amount at Maturity:	
        $2,000,000,000

        

	 	 
	Principal Payment Date:	October 1, 2021
	 	 
	Interest:	3.450%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2021 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered

        

     

     

    

	 	address of each holder of the Notes Due 2021, at the “Redemption Price.” The Company will calculate the Redemption Price in connection with any redemption hereunder. The Redemption Price is the greater of (i) 100% of the principal amount of the Notes Due 2021, and (ii) the sum of the present values of the principal amount of such notes and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to October 1, 2021, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Notes Due 2021) plus 10 basis points. In each case described in this paragraph, the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.
	 	 
	Additional Issuances:	The Notes Due 2021 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2021 under this series.  Additional Notes Due 2021 of this series may be consolidated with, and form a single series with, Notes Due 2021 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2021 are not fungible with the Notes Due 2021 then outstanding for U.S. federal income tax purposes, such additional Notes due 2021 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2021 shall include such other terms as are set forth in the Form of Note Due 2021 attached hereto as Exhibit B-2.
	 	 

	3.700% Notes Due 2024
	 
	Title:	3.700% Notes Due 2024
	 	 

     

     

    

	Aggregate Principal Amount at Maturity:	
        $2,500,000,000

        

	 	 
	Principal Payment Date:	April 15, 2024
	 	 
	Interest:	3.700%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2024 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2024, at the “Redemption Price.”
        The Company will calculate the Redemption Price in connection with any redemption hereunder. Prior to March 15, 2024 (one month
        prior to the maturity of the Notes Due 2024) (the “2024 Par Call Date”), the Redemption Price is the greater of (i)
        100% of the principal amount of the Notes Due 2024, and (ii) the sum of the present values of the principal amount of such notes
        and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date
        to the 2024 Par Call Date, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting
        of twelve 30-day months) at the Treasury Rate (as defined in the Notes due 2024) plus 15 basis points. On and after the 2024 Par
        Call Date, the Redemption Price will equal 100% of the principal amount of such notes. In each case described in this paragraph,
        the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in
        this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.

        

	 	 
	Additional Issuances:	The Notes Due 2024 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2024 under this series.  Additional Notes Due 2024 of this series may be consolidated with, and form a single series with, Notes Due 2024 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the 

     

     

    

	 	Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2024 are not fungible with the Notes Due 2024 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2024 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2024 shall include such other terms as are set forth in the Form of Note Due 2024 attached hereto as Exhibit B-3.
	 	 

	3.950% Notes Due 2025
	 
	Title:	3.950% Notes Due 2025
	 	 
	Aggregate Principal Amount at Maturity:	
        $3,000,000,000

        

	 	 
	Principal Payment Date:	October 15, 2025
	 	 
	Interest:	3.950%
	 	 
	Redemption:	The Company may at its option redeem the Notes Due 2025 in whole or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered address of each holder of the Notes Due 2025, at the “Redemption Price.” The Company will calculate the Redemption Price in connection with any redemption hereunder.  Prior to August 15, 2015 (two months prior to the maturity of the Notes Due 2025) (the “2025 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the Notes Due 2025, and (ii) the sum of the present values of the principal amount of such notes and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2025 Par Call Date, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Notes due 2025) plus 15 basis points. On and after the 2025 Par Call Date, the Redemption Price will equal 100% of the principal amount of such notes. 

     

     

    

	 	In each case described in this paragraph, the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.
	 	 
	Additional Issuances:	The Notes Due 2025 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2025 under this series.  Additional Notes Due 2025 of this series may be consolidated with, and form a single series with, Notes Due 2025 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2025 are not fungible with the Notes Due 2025 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2025 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2025 shall include such other terms as are set forth in the Form of Note Due 2025 attached hereto as Exhibit B-4.
	 	 

	4.150% Notes Due 2028
	 
	Title:	4.150% Notes Due 2028
	 	 
	Aggregate Principal Amount at Maturity:	
        $4,000,000,000

        

	 	 
	Principal Payment Date:	October 15, 2028
	 	 
	Interest:	4.150%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2028 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2028, at the “Redemption Price.”
        The Company will

        

     

     

    

	 	calculate the Redemption Price in connection with any redemption hereunder.  Prior to July 15, 2028 (three months prior to the maturity of the Notes Due 2028) (the “2028 Par Call Date”), the Redemption Price is the greater of (i) 100% of the principal amount of the Notes Due 2028, and (ii) the sum of the present values of the principal amount of such notes and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date to the 2028 Par Call Date, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Notes Due 2028) plus 20 basis points. On and after the 2028 Par Call Date, the Redemption Price will equal 100% of the principal amount of such notes. In each case described in this paragraph, the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.
	 	 
	Additional Issuances:	The Notes Due 2028 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2028 under this series.  Additional Notes Due 2028 of this series may be consolidated with, and form a single series with, Notes Due 2028 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2028 are not fungible with the Notes Due 2028 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2028 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2028 shall include such other terms as are set forth in the Form of Note Due 2028 attached hereto as Exhibit B-5.

     

     

    

	4.250% Notes Due 2030
	 
	Title:	4.250% Notes Due 2030
		 
	Aggregate Principal Amount at Maturity:	
        $1,500,000,000

        

	 	 
	Principal Payment Date:	October 15, 2030
	 	 
	Interest:	4.250%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2030 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2030, at the “Redemption Price.”
        The Company will calculate the Redemption Price in connection with any redemption hereunder. Prior to July 15, 2030 (three months
        prior to the maturity of the Notes due 2030) (the “2030 Par Call Date”), the Redemption Price is the greater of (i)
        100% of the principal amount of the Notes Due 2030, and (ii) the sum of the present values of the principal amount of such notes
        and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date
        to the 2030 Par Call Date, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting
        of twelve 30-day months) at the Treasury Rate (as defined in the Notes due 2030) plus 20 basis points. On and after the 2030 Par
        Call Date, the Redemption Price will equal 100% of the principal amount of such notes. In each case described in this paragraph,
        the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in
        this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.

        

	 	 
	Additional Issuances:	The Notes Due 2030 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2030 under this series.  Additional Notes Due 2030 of this series may be consolidated with, and 

     

     

    

	 	form a single series with, Notes Due 2030 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2030 are not fungible with the Notes Due 2030 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2030 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2030 shall include such other terms as are set forth in the Form of Note Due 2030 attached hereto as Exhibit B-6.
	 	 

	4.600% Notes Due 2038
	 
	Title:	4.600% Notes Due 2038
	 	 
	Aggregate Principal Amount at Maturity:	
        $3,000,000,000

        

	 	 
	Principal Payment Date:	October 15, 2038
	 	 
	Interest:	4.600%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2038 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2038, at the “Redemption Price.”
        The Company will calculate the Redemption Price in connection with any redemption hereunder. Prior to April 15, 2038 (six months
        prior to the maturity of the Notes due 2038) (the “2038 Par Call Date”), the Redemption Price is the greater of (i)
        100% of the principal amount of the Notes due 2038, and (ii) the sum of the present values of the principal amount of such notes
        and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date
        to the 2038 Par Call Date, in each case discounted to the

        

     

     

    

	 	redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Notes due 2038) plus 25 basis points. On and after the 2038 Par Call Date, the Redemption Price will equal 100% of the principal amount of such notes. In each case described in this paragraph, the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.
	 	 
	Additional Issuances:	The Notes Due 2038 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2038 under this series.  Additional Notes Due 2038 of this series may be consolidated with, and form a single series with, Notes Due 2038 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2038 are not fungible with the Notes Due 2038 then outstanding for U.S. federal income tax purposes, such additional Notes due 2038 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2038 shall include such other terms as are set forth in the Form of Note Due 2038 attached hereto as Exhibit B-7.
	 	 

	4.700% Notes Due 2048
	 
	Title:	4.700% Notes Due 2048
	 	 
	Aggregate Principal Amount at Maturity:	
        $4,000,000,000

        

	 	 
	Principal Payment Date:	October 15, 2048
	 	 
	Interest:	4.700%
	 	 

     

     

    

	Redemption:	
        The Company may at its option redeem the Notes Due 2048 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2048, at the “Redemption Price.”
        The Company will calculate the Redemption Price in connection with any redemption hereunder. Prior to April 15, 2048 (six months
        prior to the maturity of the Notes due 2048) (the “2048 Par Call Date”), the Redemption Price is the greater of (i)
        100% of the principal amount of the Notes Due 2048, and (ii) the sum of the present values of the principal amount of such notes
        and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date
        to the 2048 Par Call Date, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting
        of twelve 30-day months) at the Treasury Rate (as defined in the Notes due 2048) plus 25 basis points. On and after the 2048 Par
        Call Date, the Redemption Price will equal 100% of the principal amount of such notes. In each case described in this paragraph,
        the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in
        this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.

        

	 	 
	Additional Issuances:	The Notes Due 2048 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2048 under this series.  Additional Notes Due 2048 of this series may be consolidated with, and form a single series with, Notes Due 2048 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes Due 2048 are not fungible with the Notes Due 2048 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2048 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 

     

     

    

	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2048 shall include such other terms as are set forth in the Form of Note Due 2048 attached hereto as Exhibit B-8.
	 	 

	4.950% Notes Due 2058
	 
	Title:	4.950% Notes Due 2058
	 	 
	Aggregate Principal Amount at Maturity:	
        $2,500,000,000

        

	 	 
	Principal Payment Date:	October 15, 2058
	 	 
	Interest:	4.950%
	 	 
	Redemption:	
        The Company may at its option redeem the Notes Due 2058 in whole
        or in part, at any time or from time to time prior to their maturity, on at least 15 days, but not more than 30 days, prior notice
        delivered electronically or mailed to the registered address of each holder of the Notes Due 2058, at the “Redemption Price.”
        The Company will calculate the Redemption Price in connection with any redemption hereunder. Prior to April 15, 2058 (six months
        prior to the maturity of the Notes Due 2058) (the “2058 Par Call Date”), the Redemption Price is the greater of (i)
        100% of the principal amount of the Notes Due 2058, and (ii) the sum of the present values of the principal amount of such notes
        and the scheduled payments of interest thereon (exclusive of interest accrued to the date of redemption) from the redemption date
        to the 2058 Par Call Date, in each case discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting
        of twelve 30-day months) at the Treasury Rate (as defined in the Notes due 2058) plus 30 basis points. On and after the 2058 Par
        Call Date, the Redemption Price will equal 100% of the principal amount of such notes. In each case described in this paragraph,
        the Redemption Price will include accrued and unpaid interest thereon to the date of redemption, and in each case described in
        this paragraph, subject to the further description in the Prospectus Supplement dated October 2, 2018.

        

	 	 

     

     

    

	Additional Issuances:	The Notes Due 2058 need not be issued at the same time and the series may be reopened for issuance of an unlimited principal amount of additional Notes Due 2058 under this series.  Additional Notes Due 2058 of this series may be consolidated with, and form a single series with, Notes Due 2058 then outstanding, including for purposes of determining whether the required percentage of the holders of record has given approval or consent to an amendment or waiver or joined in directing the Trustee to take certain actions on behalf of all holders; provided that if such additional Notes due 2058 are not fungible with the Notes Due 2058 then outstanding for U.S. federal income tax purposes, such additional Notes Due 2058 will have one or more separate CUSIP numbers.
	 	 
	Conversion:	None
	 	 
	Sinking Fund:	None
	 	 
	Miscellaneous:	The terms of the Notes Due 2058 shall include such other terms as are set forth in the Form of Note Due 2058 attached hereto as Exhibit B-9.

 

Each such officer has read and understands the provisions of
the Indenture and the definitions relating thereto. The statements made in this Officers’ Certificate are based upon the
examination of the provisions of the Indenture and upon the relevant books and records of the Company. In such officer’s
opinion, he has made such examination or investigation as is necessary to enable such officer to express an informed opinion as
to whether or not the covenants and conditions of such Indenture relating to the issuance and authentication of the Notes have
been complied with. In such officer’s opinion, such covenants and conditions have been complied with.

 

     

     

    

IN WITNESS WHEREOF, the undersigned officers
of the Company have duly executed this certificate as of the date first set forth above.

 

	 	 	 	 
	 	By:	 	 
	 	 	Name:	William E. Dordelman	 
	 	 	Title:	 Senior Vice President and Treasurer	 
	 	 	 	 	 
	 	 	 	 	 

	 	 	 	 
	 	By:	 	 
	 	 	Name:	Arthur R. Block	 
	 	 	Title:	Executive Vice President, General Counsel and Secretary	 
	 	 	 	 	 
	 	 	 	 	 

 

 

[Signature
Page to Officers’ Certificate Pursuant to the Indenture]

 

     

     

    

 

EXHIBIT
A-1

 

[FORM OF
FLOATING RATE NOTE DUE 2020]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

Floating
Rate Note Due 2020

 

 

 

	No.
                           [     ]
	CUSIP
                           No.: 20030N CV1

ISIN
No.: US20030NCV10

$[            
]

  

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 1, 2020 (the “Maturity Date”).

 

Interest
Payment Dates: January 1, April 1, July 1 and October 1 (each, an “Interest Payment Date”), commencing on January
1, 2019.

 

Interest
Record Dates: December 15, March 15, June 15 and September 15 (each, an “Interest Record Date”).

 

If the Maturity
Date is not a Business Day (defined below), the payment due on such day shall be made on the next succeeding Business Day with
the same force and effect as if made on the due date and no additional interest shall accrue for the period from and after the
Maturity Date to such next succeeding Business Day. If an Interest Payment Date, other than the Maturity Date, is not a Business
Day, the interest payment due on such day shall be made on the next succeeding Business Day, except that if such succeeding Business
Day is in the next succeeding calendar month, the interest payment

 

     

     

    

due on such day shall be made
on the immediately preceding Business Day. “Business Day” means any Monday, Tuesday, Wednesday, Thursday or
Friday that is not a day on which banking institutions in the City of New York are authorized or obligated by law or executive
order to close, provided that such day is also a London Banking Day. “London Banking Day” means any day on
which dealings in United States dollars are transacted in the London interbank market.

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

 

 

[Signature
Page to Floating Rate Note Due 2020]

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

 

 

 

[Signature
Page to Floating Rate Note Due 2020]

 

     

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

 

 

 

 

[Signature
Page to Floating Rate Note Due 2020]

 

     

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

Floating
Rate Note Due 2020

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum equal to LIBOR (defined below), as determined on the applicable Interest Determination Date (defined below)
by the Calculation Agent (defined below), plus 0.330%. The interest rate per annum will be reset quarterly effective the first
day of each Interest Period (defined below) (the date on which each such reset occurs, an “Interest Reset Date”).
The interest rate will in no event be higher than the maximum rate permitted by New York law as the same may be modified by United
States law of general application. Additionally, the interest rate on the Securities will in no event be lower than zero.

 

The amount
of interest for each day the Securities are outstanding (the “Daily Interest Amount”) will be calculated by
dividing the interest rate in effect for that day by 360 and multiplying the result by the principal amount of the Securities.
The amount of interest to be paid on the Securities for each Interest Period will be calculated by adding the Daily Interest Amounts
for each day in the Interest Period.

 

Except as
described below for the first Interest Period, on each Interest Payment Date, interest will be paid for the period commencing
on and including the immediately preceding Interest Payment Date and ending on and including the next day preceding that Interest
Payment Date. This period is referred to as an “Interest Period”. “Interest Determination Date”
with respect to an Interest Period (other than the first Interest Period) will be the second Business Day preceding the first
day of the Interest Period. The first Interest Period will begin on and include October 5, 2018 and will end on but exclude January
1, 2019. With respect to the first Interest Period, LIBOR shall be equal to 2.40825%.

 

“LIBOR”
will be determined by the Calculation Agent in accordance with the following provisions:

 

(i)                
With respect to any Interest Determination Date, LIBOR will be the rate for deposits in United States dollars having a
maturity of three months commencing on the first day of the applicable Interest Period that appears on Bloomberg L.P.’s
page “BBAM” (as defined below) as of 11:00 a.m., London time, on that Interest Determination Date. If no rate appears
on Bloomberg L.P.’s page “BBAM”, the Calculation Agent will obtain such rate from Reuters Screen LIBOR01 Page
(as defined below). In no rate appears on Bloomberg L.P.’s page “BBAM” or Reuters Screen LIBOR01 Page, then
LIBOR, in respect of that Interest Determination Date, will be determined in accordance with the provisions described in (ii)
and (iii) below.

 

     

     

    

(ii)              
With respect to an Interest Determination Date on which no rate appears on Bloomberg L.P.’s page “BBAM”
or Reuters Screen LIBOR01 Page, except as provided in clause (iii) below, as specified in (i) above, the Issuer will request the
principal London offices of each of four major reference banks in the London interbank market, as selected by the Issuer, to provide
the Calculation Agent with its offered quotation for deposits in United States dollars for the period of three months, commencing
on the first day of the applicable Interest Period, to prime banks in the London interbank market at approximately 11:00 a.m.,
London time, on that Interest Determination Date and in a principal amount that is representative for a single transaction in
United States dollars in that market at that time. If at least two quotations are provided, then LIBOR on that Interest Determination
Date will be the arithmetic average of those quotations. If fewer than two quotations are provided, the Issuer will select three
major banks in the City of New York and shall request each of them to provide to the Calculation Agent a quotation of the rate
offered by them at approximately 11:00 a.m., in the City of New York, on the Interest Determination Date for loans in United States
dollars to leading European banks, having a three-month maturity and in a principal amount that is representative for a single
transaction in United States dollars in that market at that time. If three quotations are provided, LIBOR will be the arithmetic
average of the quotations provided; provided, however, that if the banks selected by the Issuer are not providing quotations in
the manner described by this sentence, LIBOR will be the same as the rate determined for the immediately preceding Interest Reset
Date.

 

(iii)            
Notwithstanding clause (ii) above, if the Issuer determines that LIBOR has been permanently discontinued, the calculation
agent will use, as directed by the Issuer, as a substitute for LIBOR and for each future Interest Determination Date, the Alternative
Rate (as defined below). As part of such substitution, the Calculation Agent will, as directed by the Issuer, make such adjustments
(“Adjustments”) to the Alternative Rate or the spread thereon, as well as the business day convention, Interest
Determination Dates and related provisions and definitions, in each case that are consistent with accepted market practice for
the use of such Alternative Rate for debt obligations such as the Securities; provided, however, that if the Issuer determines
that there is no Alternative Rate that is consistent with accepted market practice regarding a substitute for LIBOR, the Issuer
will appoint in its sole discretion an independent financial advisor (“IFA”) to determine the Alternative Rate
and make any Adjustments thereon, and whose determinations will be binding on the Issuer, the Trustee and Holders of the Securities.
If, however, the Issuer determines that LIBOR has been discontinued, but for any reason an Alternative Rate has not been determined,
LIBOR will be equal to the rate on the rate of LIBOR for the current Interest Period.

 

“Alternative
Rate” means the reference rate selected by the central bank, reserve bank, monetary authority or any similar institution
(including any committee or working group thereof) that is consistent with accepted market practice.

 

“Bloomberg
L.P.’s page “BBAM”” means the display designated as Bloomberg L.P.’s page “BBAM”
(or such other page as may replace page BBAM on that service or any successor service for the purpose of displaying London interbank
offered rates for United States dollar deposits of major banks).

 

    2 

     

    

“Reuters
Screen LIBOR01 Page” means the display designated on page “LIBOR01” on Reuters (or such other page as may
replace the LIBOR01 page on that service or any successor service for the purpose of displaying London interbank offered rates
for U.S. dollar deposits of major banks).

 

All percentages
resulting from these calculations will be rounded, if necessary, to the nearest one hundred thousandth of a percentage point,
with five one millionths of a percentage point rounded upwards (e.g., 9.876545% (or .09876545) being rounded to 9.87655% (or .0987655))
and all dollar amounts used in or resulting from such calculations will be rounded to the nearest cent (with one half cent being
rounded upwards).

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt
from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed to between
the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder
has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment will be so made
and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the
same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the principal amount of
the Securities surrendered.

 

		3.	Paying
                                         Agent; Calculation Agent.

 

Initially,
the Trustee will act as Paying Agent and Calculation Agent. The Issuer may change any Paying Agent or the Calculation Agent without
notice to the Holders.

 

The Calculation
Agent will, upon the request of the Holder of this Security, provide the interest rate then in effect with respect to the Securities.

 

All calculations
made by the Calculation Agent for purposes of calculating interest on the Securities shall be conclusive and binding on the Holders,
the Trustee and the Issuer, absent manifest error.

 

    3 

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and
the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain terms and conditions
set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds
shall cease.

 

    4 

     

    

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
may not redeem the Securities prior to maturity.

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the

 

    5 

     

    

Indenture, the Securities or
the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein
provided, Holders of a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its
exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events
of Default if it determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

    6 

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

  

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

    7 

     

    

EXHIBIT
A-2

 

[FORM OF
FLOATING RATE NOTE DUE 2021]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION 

Floating
Rate Note Due 2021

 

 

	No. [      ]	CUSIP
                           No.: 20030N CW9

 ISIN
No.: US20030NCW92

$[            
]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 1, 2021 (the “Maturity Date”).

 

Interest
Payment Dates: January 1, April 1, July 1 and October 1 (each, an “Interest Payment Date”), commencing on January
1, 2019.

 

Interest
Record Dates: December 15, March 15, June 15 and September 15 (each, an “Interest Record Date”).

 

If the Maturity
Date is not a Business Day (defined below), the payment due on such day shall be made on the next succeeding Business Day with
the same force and effect as if made on the due date and no additional interest shall accrue for the period from and after the
Maturity Date to such next succeeding Business Day. If an Interest Payment Date, other than the Maturity Date, is not a Business
Day, the interest payment due on such day shall be made on the next succeeding Business Day, except that if such succeeding Business
Day is in the next succeeding calendar month, the interest payment due on such day shall be made on the immediately preceding
Business Day. “Business 

 

     

     

    

Day” means any Monday,
Tuesday, Wednesday, Thursday or Friday that is not a day on which banking institutions in the City of New York are authorized
or obligated by law or executive order to close, provided that such day is also a London Banking Day. “London Banking
Day” means any day on which dealings in United States dollars are transacted in the London interbank market.

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     2

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     3

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

 

     4

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

Floating
Rate Note Due 2021

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum equal to LIBOR (defined below), as determined on the applicable Interest Determination Date (defined below)
by the Calculation Agent (defined below), plus 0.440%. The interest rate per annum will be reset quarterly effective the first
day of each Interest Period (defined below) (the date on which each such reset occurs, an “Interest Reset Date”).
The interest rate will in no event be higher than the maximum rate permitted by New York law as the same may be modified by United
States law of general application. Additionally, the interest rate on the Securities will in no event be lower than zero.

 

The amount
of interest for each day the Securities are outstanding (the “Daily Interest Amount”) will be calculated by
dividing the interest rate in effect for that day by 360 and multiplying the result by the principal amount of the Securities.
The amount of interest to be paid on the Securities for each Interest Period will be calculated by adding the Daily Interest Amounts
for each day in the Interest Period.

 

Except as
described below for the first Interest Period, on each Interest Payment Date, interest will be paid for the period commencing
on and including the immediately preceding Interest Payment Date and ending on and including the next day preceding that Interest
Payment Date. This period is referred to as an “Interest Period”. “Interest Determination Date”
with respect to an Interest Period (other than the first Interest Period) will be the second Business Day preceding the first
day of the Interest Period. The first Interest Period will begin on and include October 5, 2018 and will end on but exclude January
1, 2019. With respect to the first Interest Period, LIBOR shall be equal to 2.40825%.

 

“LIBOR”
will be determined by the Calculation Agent in accordance with the following provisions:

 

(i)                
With respect to any Interest Determination Date, LIBOR will be the rate for deposits in United States dollars having a
maturity of three months commencing on the first day of the applicable Interest Period that appears on Bloomberg L.P.’s
page “BBAM” (as defined below) as of 11:00 a.m., London time, on that Interest Determination Date. If no rate appears
on Bloomberg L.P.’s page “BBAM”, the Calculation Agent will obtain such rate from Reuters Screen LIBOR01 Page
(as defined below). In no rate appears on Bloomberg L.P.’s page “BBAM” or Reuters Screen LIBOR01 Page, then
LIBOR, in respect of that Interest Determination Date, will be determined in accordance with the provisions described in (ii)
and (iii) below.

 

     5

     

    

(ii)              
With respect to an Interest Determination Date on which no rate appears on Bloomberg L.P.’s page “BBAM”
or Reuters Screen LIBOR01 Page, except as provided in clause (iii) below, as specified in (i) above, the Issuer will request the
principal London offices of each of four major reference banks in the London interbank market, as selected by the Issuer, to provide
the Calculation Agent with its offered quotation for deposits in United States dollars for the period of three months, commencing
on the first day of the applicable Interest Period, to prime banks in the London interbank market at approximately 11:00 a.m.,
London time, on that Interest Determination Date and in a principal amount that is representative for a single transaction in
United States dollars in that market at that time. If at least two quotations are provided, then LIBOR on that Interest Determination
Date will be the arithmetic average of those quotations. If fewer than two quotations are provided, the Issuer will select three
major banks in the City of New York and shall request each of them to provide to the Calculation Agent a quotation of the rate
offered by them at approximately 11:00 a.m., in the City of New York, on the Interest Determination Date for loans in United States
dollars to leading European banks, having a three-month maturity and in a principal amount that is representative for a single
transaction in United States dollars in that market at that time. If three quotations are provided, LIBOR will be the arithmetic
average of the quotations provided; provided, however, that if the banks selected by the Issuer are not providing quotations in
the manner described by this sentence, LIBOR will be the same as the rate determined for the immediately preceding Interest Reset
Date.

 

(iii)            
Notwithstanding clause (ii) above, if the Issuer determines that LIBOR has been permanently discontinued, the calculation
agent will use, as directed by the Issuer, as a substitute for LIBOR and for each future Interest Determination Date, the Alternative
Rate (as defined below). As part of such substitution, the Calculation Agent will, as directed by the Issuer, make such adjustments
(“Adjustments”) to the Alternative Rate or the spread thereon, as well as the business day convention, Interest
Determination Dates and related provisions and definitions, in each case that are consistent with accepted market practice for
the use of such Alternative Rate for debt obligations such as the Securities; provided, however, that if the Issuer determines
that there is no Alternative Rate that is consistent with accepted market practice regarding a substitute for LIBOR, the Issuer
will appoint in its sole discretion an independent financial advisor (“IFA”) to determine the Alternative Rate
and make any Adjustments thereon, and whose determinations will be binding on the Issuer, the Trustee and Holders of the Securities.
If, however, the Issuer determines that LIBOR has been discontinued, but for any reason an Alternative Rate has not been determined,
LIBOR will be equal to the rate on the rate of LIBOR for the current Interest Period.

 

“Alternative
Rate” means the reference rate selected by the central bank, reserve bank, monetary authority or any similar institution
(including any committee or working group thereof) that is consistent with accepted market practice.

 

“Bloomberg
L.P.’s page “BBAM”” means the display designated as Bloomberg L.P.’s page “BBAM”
(or such other page as may replace page BBAM on that service or any successor service for the purpose of displaying London interbank
offered rates for United States dollar deposits of major banks).

 

     2

     

    

“Reuters
Screen LIBOR01 Page” means the display designated on page “LIBOR01” on Reuters (or such other page as may
replace the LIBOR01 page on that service or any successor service for the purpose of displaying London interbank offered rates
for U.S. dollar deposits of major banks).

 

All percentages
resulting from these calculations will be rounded, if necessary, to the nearest one hundred thousandth of a percentage point,
with five one millionths of a percentage point rounded upwards (e.g., 9.876545% (or .09876545) being rounded to 9.87655% (or .0987655))
and all dollar amounts used in or resulting from such calculations will be rounded to the nearest cent (with one half cent being
rounded upwards).

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt
from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed to between
the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder
has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment will be so made
and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the
same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the principal amount of
the Securities surrendered.

 

		3.	Paying
                                         Agent; Calculation Agent.

 

Initially,
the Trustee will act as Paying Agent and Calculation Agent. The Issuer may change any Paying Agent or the Calculation Agent without
notice to the Holders.

 

The Calculation
Agent will, upon the request of the Holder of this Security, provide the interest rate then in effect with respect to the Securities.

 

All calculations
made by the Calculation Agent for purposes of calculating interest on the Securities shall be conclusive and binding on the Holders,
the Trustee and the Issuer, absent manifest error.

 

     3

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and
the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain terms and conditions
set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds
shall cease.

 

     4

     

    

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
may not redeem the Securities prior to maturity.

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the

 

     5

     

    

Indenture, the Securities or
the Guarantees unless it has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein
provided, Holders of a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its
exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events
of Default if it determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

 

ASSIGNMENT
                                         FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

     7

     

    

  

EXHIBIT
A-3

 

[FORM OF
FLOATING RATE NOTE DUE 2024]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION 

Floating
Rate Note Due 2024

 

	No. [      ]	No.
                           [ ]CUSIP No.: 20030N CX7

 ISIN
No.: US20030NCX75

$[              ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on April 15, 2024 (the “Maturity Date”).

 

Interest
Payment Dates: January 15, April 15, July 15 and October 15 (each, an “Interest Payment Date”), commencing
on January 15, 2019.

 

Interest
Record Dates: January 1, April 1, July 1 and October 1 (each, an “Interest Record Date”).

 

If the Maturity
Date is not a Business Day (defined below), the payment due on such day shall be made on the next succeeding Business Day with
the same force and effect as if made on the due date and no additional interest shall accrue for the period from and after the
Maturity Date to such next succeeding Business Day. If an Interest Payment Date, other than the Maturity Date, is not a Business
Day, the interest payment due on such day shall be made on the next succeeding Business Day, except that if such succeeding Business
Day is in the next succeeding calendar month, the interest payment

 

     8

     

    

due on such day shall be made
on the immediately preceding Business Day. “Business Day” means any Monday, Tuesday, Wednesday, Thursday or
Friday that is not a day on which banking institutions in the City of New York are authorized or obligated by law or executive
order to close, provided that such day is also a London Banking Day. “London Banking Day” means any day on
which dealings in United States dollars are transacted in the London interbank market.

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     9

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     10

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     11

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

Floating
Rate Note Due 2024

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum equal to LIBOR (defined below), as determined on the applicable Interest Determination Date (defined below)
by the Calculation Agent (defined below), plus 0.630%. The interest rate per annum will be reset quarterly effective the first
day of each Interest Period (defined below) (the date on which each such reset occurs, an “Interest Reset Date”).
The interest rate will in no event be higher than the maximum rate permitted by New York law as the same may be modified by United
States law of general application. Additionally, the interest rate on the Securities will in no event be lower than zero.

 

The amount
of interest for each day the Securities are outstanding (the “Daily Interest Amount”) will be calculated by
dividing the interest rate in effect for that day by 360 and multiplying the result by the principal amount of the Securities.
The amount of interest to be paid on the Securities for each Interest Period will be calculated by adding the Daily Interest Amounts
for each day in the Interest Period.

 

Except as
described below for the first Interest Period, on each Interest Payment Date, interest will be paid for the period commencing
on and including the immediately preceding Interest Payment Date and ending on and including the next day preceding that Interest
Payment Date. This period is referred to as an “Interest Period”. “Interest Determination Date”
with respect to an Interest Period (other than the first Interest Period) will be the second Business Day preceding the first
day of the Interest Period. The first Interest Period will begin on and include October 5, 2018 and will end on but exclude January
15, 2019. With respect to the first Interest Period, LIBOR shall be equal to 2.40825%.

 

“LIBOR”
will be determined by the Calculation Agent in accordance with the following provisions:

 

(i)                
With respect to any Interest Determination Date, LIBOR will be the rate for deposits in United States dollars having a
maturity of three months commencing on the first day of the applicable Interest Period that appears on Bloomberg L.P.’s
page “BBAM” (as defined below) as of 11:00 a.m., London time, on that Interest Determination Date. If no rate appears
on Bloomberg L.P.’s page “BBAM”, the Calculation Agent will obtain such rate from Reuters Screen LIBOR01 Page
(as defined below). In no rate appears on Bloomberg L.P.’s page “BBAM” or Reuters Screen LIBOR01 Page, then
LIBOR, in respect of that Interest Determination Date, will be determined in accordance with the provisions described in (ii)
and (iii) below.

 

     

     

    

(ii)              
With respect to an Interest Determination Date on which no rate appears on Bloomberg L.P.’s page “BBAM”
or Reuters Screen LIBOR01 Page, except as provided in clause (iii) below, as specified in (i) above, the Issuer will request the
principal London offices of each of four major reference banks in the London interbank market, as selected by the Issuer, to provide
the Calculation Agent with its offered quotation for deposits in United States dollars for the period of three months, commencing
on the first day of the applicable Interest Period, to prime banks in the London interbank market at approximately 11:00 a.m.,
London time, on that Interest Determination Date and in a principal amount that is representative for a single transaction in
United States dollars in that market at that time. If at least two quotations are provided, then LIBOR on that Interest Determination
Date will be the arithmetic average of those quotations. If fewer than two quotations are provided, the Issuer will select three
major banks in the City of New York and shall request each of them to provide to the Calculation Agent a quotation of the rate
offered by them at approximately 11:00 a.m., in the City of New York, on the Interest Determination Date for loans in United States
dollars to leading European banks, having a three-month maturity and in a principal amount that is representative for a single
transaction in United States dollars in that market at that time. If three quotations are provided, LIBOR will be the arithmetic
average of the quotations provided; provided, however, that if the banks selected by the Issuer are not providing quotations in
the manner described by this sentence, LIBOR will be the same as the rate determined for the immediately preceding Interest Reset
Date.

 

(iii)            
Notwithstanding clause (ii) above, if the Issuer determines that LIBOR has been permanently discontinued, the calculation
agent will use, as directed by the Issuer, as a substitute for LIBOR and for each future Interest Determination Date, the Alternative
Rate (as defined below). As part of such substitution, the Calculation Agent will, as directed by the Issuer, make such adjustments
(“Adjustments”) to the Alternative Rate or the spread thereon, as well as the business day convention, Interest
Determination Dates and related provisions and definitions, in each case that are consistent with accepted market practice for
the use of such Alternative Rate for debt obligations such as the Securities; provided, however, that if the Issuer determines
that there is no Alternative Rate that is consistent with accepted market practice regarding a substitute for LIBOR, the Issuer
will appoint in its sole discretion an independent financial advisor (“IFA”) to determine the Alternative Rate
and make any Adjustments thereon, and whose determinations will be binding on the Issuer, the Trustee and Holders of the Securities.
If, however, the Issuer determines that LIBOR has been discontinued, but for any reason an Alternative Rate has not been determined,
LIBOR will be equal to the rate on the rate of LIBOR for the current Interest Period.

 

“Alternative
Rate” means the reference rate selected by the central bank, reserve bank, monetary authority or any similar institution
(including any committee or working group thereof) that is consistent with accepted market practice.

 

“Bloomberg
L.P.’s page “BBAM”” means the display designated as Bloomberg L.P.’s page “BBAM”
(or such other page as may replace page BBAM on that service or any successor service for the purpose of displaying London interbank
offered rates for United States dollar deposits of major banks).

 

     

     

    

“Reuters
Screen LIBOR01 Page” means the display designated on page “LIBOR01” on Reuters (or such other page as may
replace the LIBOR01 page on that service or any successor service for the purpose of displaying London interbank offered rates
for U.S. dollar deposits of major banks).

 

All percentages
resulting from these calculations will be rounded, if necessary, to the nearest one hundred thousandth of a percentage point,
with five one millionths of a percentage point rounded upwards (e.g., 9.876545% (or .09876545) being rounded to 9.87655% (or .0987655))
and all dollar amounts used in or resulting from such calculations will be rounded to the nearest cent (with one half cent being
rounded upwards).

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any repayment date or the final payment of principal) shall be made by the Paying Agent, upon receipt
from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed to between
the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise) if the Holder
has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment will be so made
and designating the bank account to which such payments shall be so made and in the case of payments of principal surrenders the
same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the principal amount of
the Securities surrendered.

 

		3.	Paying
                                         Agent; Calculation Agent.

 

Initially,
the Trustee will act as Paying Agent and Calculation Agent. The Issuer may change any Paying Agent or the Calculation Agent without
notice to the Holders.

 

The Calculation
Agent will, upon the request of the Holder of this Security, provide the interest rate then in effect with respect to the Securities.

 

All calculations
made by the Calculation Agent for purposes of calculating interest on the Securities shall be conclusive and binding on the Holders,
the Trustee and the Issuer, absent manifest error.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity or otherwise) of the principal of and interest on, and all other amounts payable under, the Securities, and
the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain terms and conditions
set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request. After that, all liability of the Trustee and such Paying Agent with respect to such funds
shall cease.

 

     

     

    

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
may not redeem the Securities prior to maturity.

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory

 

     

     

    

to it. The Indenture permits,
subject to certain limitations therein provided, Holders of a majority in aggregate principal amount of the Securities then outstanding
to direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of Securities notice of certain
continuing Defaults or Events of Default if it determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     

     

    

 

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

     

     

    

EXHIBIT
B-1

 

[FORM OF
NOTE DUE 2020]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION 

3.300%
Note Due 2020

 

	No. [     ]	CUSIP No.: 20030N CP4

 ISIN
No.: US20030NCP42

$[            
]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 1, 2020.

 

Interest
Payment Dates: April 1 and October 1 (each, an “Interest Payment Date”), commencing on April 1, 2019.

 

Interest
Record Dates: March 15 and September 15 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

3.300% Note
Due 2020

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 1, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means at any time, the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the
present values of the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of interest
accrued to the date of redemption) from the redemption date to October 1, 2020, in each

 

     3

     

    

case discounted to the redemption
date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 10 basis points;
plus accrued and unpaid interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed (the “Remaining
Life”) that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing
new issues of corporate debt securities of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of and (unless the redemption date shall be an Interest
Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less than all of the Securities
are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as the Trustee shall deem fair
and appropriate (provided that

 

     4

     

    

Securities represented by a Global
Security will be selected for redemption by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

     5

     

    

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

 

     7

     

    

 

EXHIBIT
B-2

 

[FORM OF
NOTE DUE 2021]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

3.450%
Note Due 2021

 

	No. [    ]	  	 CUSIP No.: 20030N CQ2

ISIN
No.: US20030NCQ25

$[            ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 1, 2021.

 

Interest
Payment Dates: April 1 and October 1 (each, an “Interest Payment Date”), commencing on April 1, 2019.

 

Interest
Record Dates: March 15 and September 15 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

    2 

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

    3 

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

3.450% Note
Due 2021

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 1, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means at any time, the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the
present values of the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of interest
accrued to the date of redemption) from the redemption date to October 1, 2021, in each

 

     3

     

    

case discounted to the redemption
date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 10 basis points;
plus accrued and unpaid interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed (the “Remaining
Life”) that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing
new issues of corporate debt securities of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of and (unless the redemption date shall be an Interest
Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less than all of the Securities
are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as the Trustee shall deem fair
and appropriate (provided that

 

     4

     

    

Securities represented by a Global
Security will be selected for redemption by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

     5

     

    

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

     7

     

    

EXHIBIT
B-3

 

[FORM OF
NOTE DUE 2024]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION 

3.700%
Note Due 2024

 

	No. [    ]	  	 CUSIP No.: 20030N CR0

ISIN
No.: US20030NCR08

$[            ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on April 15, 2024.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

3.700% Note
Due 2024

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to March 15, 2024 (one month prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values
of the principal amount of such Securities and the scheduled payments of interest thereon

 

     3

     

    

(exclusive of interest accrued
to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a
semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 basis points and (b)
if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case,
accrued and unpaid interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

     4

     

    

and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

     5

     

    

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

     7

     

    

EXHIBIT
B-4

 

[FORM OF
NOTE DUE 2025]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

 

3.950%
Note Due 2025

 

	No. [    ]	  	 CUSIP No.: 20030N CS8

ISIN
No.: US20030NCS80

$[            ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 15, 2025.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

3.950% Note
Due 2025

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to August 15, 2025 (two months prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of
the principal amount of such Securities and the scheduled payments of interest thereon

 

     3

     

    

(exclusive of interest accrued
to the date of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a
semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 basis points and (b)
if the Securities are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case,
accrued and unpaid interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

     4

     

    

and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

     5

     

    

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

 

     7

     

    

EXHIBIT
B-5

 

[FORM OF
NOTE DUE 2028]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

 

4.150%
Note Due 2028

 

	No. [    ]	  	 CUSIP No.: 20030N CT6

ISIN
No.: US20030NCT63

$[              ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 15, 2028.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

4.150% Note
Due 2028

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to July 15, 2028 (three months prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of
the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of

 

     3

     

    

interest accrued to the date
of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a semiannual basis
(assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points and (b) if the Securities
are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case, accrued and unpaid
interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

     4

     

    

and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

     5

     

    

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

 

     7

     

    

EXHIBIT
B-6

 

[FORM OF
NOTE DUE 2030]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

4.250%
Note Due 2030

 

	No. [    ]	  	 CUSIP No.: 20030N CU3

ISIN
No.: US20030NCU37

$[            ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 15, 2030.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

4.250% Note
Due 2030

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to July 15, 2030 (three months prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of
the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of

 

     3

     

    

interest accrued to the date
of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a semiannual basis
(assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points and (b) if the Securities
are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case, accrued and unpaid
interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

     4

     

    

and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

     5

     

    

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

 

     7

     

    

EXHIBIT
B-7

 

[FORM OF
NOTE DUE 2038]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

4.600%
Note Due 2038

 

	No. [    ]	  	 CUSIP No.: 20030N CL3

ISIN
No.: US20030NCL38

$[             ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 15, 2038.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

4.600% Note
Due 2038

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to April 15, 2038 (six months prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of
the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of

 

     3

     

    

interest accrued to the date
of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a semiannual basis
(assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points and (b) if the Securities
are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case, accrued and unpaid
interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

     4

     

    

and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

     5

     

    

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

     7

     

    

EXHIBIT
B-8

 

[FORM OF
NOTE DUE 2048]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

4.700%
Note Due 2048

 

	No. [    ]	  	 CUSIP No.: 20030N CM1

ISIN
No.: US20030NCM11

$[             ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 15, 2048.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

4.700% Note
Due 2048

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

     2

     

    

After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to April 15, 2048 (six months prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of
the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of

 

     3

     

    

interest accrued to the date
of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a semiannual basis
(assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points and (b) if the Securities
are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case, accrued and unpaid
interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

     4

     

    

and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

     5

     

    

		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

     6

     

    

ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

  

 

     7

     

    

EXHIBIT
B-9

 

[FORM OF
NOTE DUE 2058]

 

UNLESS AND UNTIL IT IS EXCHANGED
IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE REGISTERED FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY
OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS SECURITY
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY SECURITY ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

 

COMCAST
CORPORATION

 

4.950%
Note Due 2058

 

	No. [    ]	  	 CUSIP No.: 20030N CN9

ISIN
No.: US20030NCN93

$[             ]

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”, which term includes any successor corporation), for value received
promises to pay to CEDE & CO. or registered assigns, the principal sum of $[                   ]
([                   ] Million
Dollars) on October 15, 2058.

 

Interest
Payment Dates: April 15 and October 15 (each, an “Interest Payment Date”), commencing on April 15, 2019.

 

Interest
Record Dates: April 1 and October 1 (each, an “Interest Record Date”).

 

Reference
is made to the further provisions of this Security contained herein, which will for all purposes have the same effect as if set
forth at this place.

 

     

     

    

IN WITNESS
WHEREOF, the Issuer has caused this Security to be signed manually or by facsimile by its duly authorized officer under its corporate
seal.

 

 

	 	COMCAST CORPORATION
	 	 
	 	By: 	
	 	 	Name:	William E. Dordelman

	 	 	Title:	Senior Vice President and Treasurer

 

Attest:

 

 

	 
	By: 	
	 	Name:	Arthur R. Block

	 	Title:	Executive Vice President, General Counsel and Secretary

 

 

 

     2

     

    

This is one
of the series designated herein and referred to in the within-mentioned Indenture.

 

Dated: October 5, 2018

 

	 	THE
                    BANK OF NEW YORK MELLON, 

as
Trustee

	 	 
	 	By: 	
	 	 	Authorized Signatory

	 	 		

 

 

     3

     

    

(REVERSE
OF SECURITY)

 

COMCAST CORPORATION

 

4.950% Note
Due 2058

 

		1.	Interest.

 

COMCAST CORPORATION,
a Pennsylvania corporation (the “Issuer”), promises to pay interest on the principal amount of this Security
at the rate per annum shown above. Cash interest on the Securities will accrue from the most recent date to which interest has
been paid or, if no interest has been paid, from October 5, 2018. The Issuer will pay interest semi-annually in arrears on each
Interest Payment Date, commencing April 15, 2019. Interest will be computed on the basis of a 360-day year of twelve 30-day months.

 

The Issuer
shall pay interest on overdue principal from time to time on demand at the rate borne by the Securities and on overdue installments
of interest (without regard to any applicable grace periods) to the extent lawful.

 

		2.	Method
                                         of Payment.

 

The Issuer
shall pay interest on the Securities (except defaulted interest) to the persons who are the registered Holders at the close of
business on the Interest Record Date immediately preceding the Interest Payment Date notwithstanding any transfer or exchange
of such Security subsequent to such Interest Record Date and prior to such Interest Payment Date. Holders must surrender Securities
to The Bank of New York Mellon (the “Trustee”) to collect principal payments. The Issuer shall pay principal
and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts
(“U.S. Legal Tender”). However, the payments of interest, and any portion of the principal (other than interest
payable at maturity or on any redemption or repayment date or the final payment of principal) shall be made by the Paying Agent,
upon receipt from the Issuer of immediately available funds by 11:00 a.m., New York City time (or such other time as may be agreed
to between the Issuer and the Paying Agent or the Issuer), directly to a Holder (by Federal funds wire transfer or otherwise)
if the Holder has delivered written instructions to the Trustee 15 days prior to such payment date requesting that such payment
will be so made and designating the bank account to which such payments shall be so made and in the case of payments of principal
surrenders the same to the Trustee in exchange for a Security or Securities aggregating the same principal amount as the unredeemed
principal amount of the Securities surrendered.

 

		3.	Paying
                                         Agent.

 

Initially,
the Trustee will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.

 

     

     

    

		4.	Indenture.

 

The Issuer
issued the Securities under an Indenture dated as of September 18, 2013, by and among the Issuer, the guarantors named therein
and the Trustee, as amended by the First Supplemental Indenture dated as of November 17, 2015, by and among the Issuer, the guarantors
named therein (the “Guarantors”) and the Trustee (as amended, the “Indenture”). Capitalized
terms herein are used as defined in the Indenture unless otherwise defined herein. The terms of the Securities include those stated
in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939 (15 U.S.C. Sections 77aaa-77bbbb)
(the “TIA”), as in effect on the date of the Indenture until such time as the Indenture is qualified under
the TIA, and thereafter as in effect on the date on which the Indenture is qualified under the TIA. Notwithstanding anything to
the contrary herein, the Securities are subject to all such terms, and Holders of Securities are referred to the Indenture and
the TIA for a statement of them. To the extent the terms of the Indenture and this Security are inconsistent, the terms of the
Indenture shall govern. This note is a “Security” and the notes are “Securities” under the
Indenture.

 

		5.	Guarantees.

 

Each Guarantor
has irrevocably, fully and unconditionally guaranteed, jointly and severally, on an unsecured basis, the full and punctual payment
(whether at maturity, upon redemption or otherwise) of the principal of and interest on, and all other amounts payable under,
the Securities, and the full and punctual payment of all other amounts payable by the Issuer under the Indenture, subject to certain
terms and conditions set forth in the Indenture.

 

		6.	Denominations;
                                         Transfer; Exchange.

 

The Securities
are in registered form, without coupons, in denominations of $2,000 and multiples of $1,000 in excess thereof. A Holder shall
register the transfer of or exchange Securities in accordance with the Indenture. The Issuer may require a Holder, among other
things, to furnish appropriate endorsements and transfer documents and to pay certain transfer taxes or similar governmental charges
payable in connection therewith as permitted by the Indenture. The Issuer need not issue, authenticate, register the transfer
of or exchange any Securities or portions thereof for a period of fifteen (15) days before the giving of a notice of redemption,
nor need the Issuer register the transfer or exchange any security selected for redemption in whole or in part.

 

		7.	Persons
                                         Deemed Owners.

 

The registered
Holder of a Security shall be treated as the owner of it for all purposes.

 

		8.	Unclaimed
                                         Funds.

 

If funds
for the payment of principal or interest remain unclaimed for two years, the Trustee and the Paying Agent will repay the funds
to the Issuer at its written request.

 

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After that, all liability of
the Trustee and such Paying Agent with respect to such funds shall cease.

 

		9.	Legal
                                         Defeasance and Covenant Defeasance.

 

The Issuer
and the Guarantors may be discharged from their respective obligations under the Securities and under the Indenture with respect
to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants
contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions
specified in the Indenture.

 

		10.	Amendment;
                                         Supplement; Waiver.

 

Subject to
certain exceptions, the Securities and the provisions of the Indenture relating to the Securities may be amended or supplemented
with the written consent of the Holders of at least a majority in aggregate principal amount of the Securities then outstanding,
and any existing Default or Event of Default or compliance with certain provisions may be waived with the consent of the Holders
of a majority in aggregate principal amount of the Securities then outstanding. Without notice to or consent of any Holder, the
parties thereto may amend or supplement the Indenture and the Securities to, among other things, cure any ambiguity, defect or
inconsistency, provide for uncertificated Securities in addition to or in place of certificated Securities or comply with any
requirements of the Commission in connection with the qualification of the Indenture under the TIA, or make any other change that
does not adversely affect the rights of any Holder of a Security.

 

		11.	Restrictive
                                         Covenants.

 

The Indenture
contains certain covenants that, among other things, limit the ability of the Issuer and the Guarantors to incur liens securing
indebtedness, or to enter into sale and leaseback transactions, and of the Issuer to merge or sell all or substantially all of
its assets. The limitations are subject to a number of important qualifications and exceptions. The Issuer must annually report
to the Trustee on compliance with such limitations.

 

		12.	Redemption.

 

The Issuer
will have the right at its option to redeem any of the Securities in whole or in part, at any time or from time to time prior
to their maturity, on at least 15 days, but not more than 30 days, prior notice delivered electronically or mailed to the registered
address of each Holder of the Securities, at the applicable Redemption Price. The Issuer will calculate the Redemption Price in
connection with any redemption hereunder.

 

“Redemption
Price” means (a) at any time prior to April 15, 2058 (six months prior to the maturity of the Securities) (the “Par
Call Date”), the greater of (i) 100% of the principal amount of such Securities and (ii) the sum of the present values of
the principal amount of such Securities and the scheduled payments of interest thereon (exclusive of

 

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interest accrued to the date
of redemption) from the redemption date to the Par Call Date, in each case discounted to the redemption date on a semiannual basis
(assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 30 basis points and (b) if the Securities
are redeemed on or after the Par Call Date, 100% of the principal amount of such Securities; plus, in each case, accrued and unpaid
interest thereon to the date of redemption.

 

“Treasury
Rate” means, with respect to any redemption date, the rate per annum equal to the semiannual equivalent yield to maturity
or interpolated (on a day count basis) of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date.

 

“Comparable
Treasury Issue” means the United States Treasury security or securities selected by an Independent Investment Banker
as having an actual or interpolated maturity comparable to the remaining term of the Securities to be redeemed calculated as if
the maturity date of such Securities were the applicable Par Call Date (the “Remaining Life”) that would be utilized,
at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities
of comparable maturity to the Remaining Life of such Securities.

 

“Independent
Investment Banker” means one of the Reference Treasury Dealers appointed by the Issuer.

 

“Comparable
Treasury Price” means, with respect to any redemption date, (i) the average of the Reference Treasury Dealer Quotations
for such redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (ii) if the Independent
Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Reference
Treasury Dealer” means each of Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC,
or their affiliates which are primary United States government securities dealers and their respective successors; provided,
however, that if any of the foregoing shall cease to be a primary United States government securities dealer in the United
States (a “Primary Treasury Dealer”), the Issuer will substitute therefor another Primary Treasury Dealer.

 

“Reference
Treasury Dealer Quotation” means, with respect to each Reference Treasury Dealer and any redemption date, the average,
as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in
case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 3:30 pm New York time on the third business day preceding such redemption date.

 

On and after
the redemption date, interest will cease to accrue on the Securities or any portion of the Securities called for redemption (unless
the Issuer defaults in the payment of the redemption price and accrued interest). On or before the redemption date, the Issuer
will deposit with the Trustee money sufficient to pay the redemption price of

 

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and (unless the redemption date
shall be an Interest Payment Date) accrued interest to the redemption date on the Securities to be redeemed on such date. If less
than all of the Securities are to be redeemed, the Securities to be redeemed shall be selected by the Trustee by such method as
the Trustee shall deem fair and appropriate (provided that Securities represented by a Global Security will be selected for redemption
by the Depositary in accordance with its standard procedures therefor).

 

		13.	Defaults
                                         and Remedies.

 

If an Event
of Default (other than certain bankruptcy Events of Default with respect to the Issuer or any of the Guarantors) occurs and is
continuing, the Trustee or the Holders of at least 25% in aggregate principal amount of Securities then outstanding may declare
all of the Securities to be due and payable immediately in the manner and with the effect provided in the Indenture. If a bankruptcy
Event of Default with respect to the Issuer or any of the Guarantors occurs and is continuing, all the Securities shall be immediately
due and payable immediately in the manner and with the effect provided in the Indenture without any notice or other action on
the part of the Trustee or any Holder. Holders of Securities may not enforce the Indenture, the Securities or the Guarantees except
as provided in the Indenture. The Trustee is not obligated to enforce the Indenture, the Securities or the Guarantees unless it
has received indemnity satisfactory to it. The Indenture permits, subject to certain limitations therein provided, Holders of
a majority in aggregate principal amount of the Securities then outstanding to direct the Trustee in its exercise of any trust
or power. The Trustee may withhold from Holders of Securities notice of certain continuing Defaults or Events of Default if it
determines that withholding notice is in their interest.

 

		14.	Trustee
                                         Dealings with Issuer.

 

The Trustee
under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise
deal with the Issuer as if it were not the Trustee.

 

		15.	No
                                         Recourse Against Others.

 

No stockholder,
director, officer, employee or incorporator, as such, of the Issuer, any Guarantor or any successor Person thereof shall have
any liability for any obligation under the Securities, the Guarantees or the Indenture or for any claim based on, in respect of
or by reason of, such obligations or their creation. Each Holder of a Security by accepting a Security waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of the Securities.

 

		16.	Authentication.

 

This Security
shall not be valid until the Trustee manually signs the certificate of authentication on this Security.

 

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		17.	Abbreviations
                                         and Defined Terms.

 

Customary
abbreviations may be used in the name of a Holder of a Security or an assignee, such as: TEN COM (= tenants in common), TEN ENT
(= tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (=
Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).

 

		18.	CUSIP
                                         Numbers.

 

Pursuant
to a recommendation promulgated by the Committee on Uniform Security Identification Procedures, the Issuer has caused CUSIP numbers
to be printed on the Securities as a convenience to the Holders of the Securities. No representation is made as to the accuracy
of such numbers as printed on the Securities and reliance may be placed only on the other identification numbers printed hereon.

 

		19.	Governing
                                         Law.

 

The laws
of the State of New York shall govern the Indenture and this Security thereof.

 

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ASSIGNMENT
FORM

 

I or we assign and transfer this
Security to

 

	 
	(Print or type name, address and zip code of assignee or transferee)

 

	 
	(Insert Social Security or other identifying number of assignee
    or transferee)

 

 

and irrevocably appoint_________________________________________
agent to transfer this Security on the books of the Issuer. The agent may substitute another to act for him.

 

 

	Dated:	 	 	Signed:	 
	 	 	 	 	(Signed exactly as name appears on the other side of this Security)

  

	Signature Guarantee:	 
	 	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor
    program reasonably acceptable to the Trustee)

 

 

 

     7

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