Comcast Cable Issues $1.5 Billion of Notes

Comcast Cable Communications, Inc., a wholly-owned subsidiary of Comcast Corporation, announced today that it has sold $1.0 billion aggregate principal amount of 6 3/4% Notes due January 30, 2011 at a price of 99.235% of par. The Company also sold $500 million aggregate principal amount of 6 3/8% Notes due January 30, 2006 at a price of 99.737% of par. Proceeds from the offerings will be used to repay a portion of Comcast Cable's outstanding bank debt and commercial paper as well as for general corporate purposes.

Merrill Lynch & Co. and Salomon Smith Barney acted as joint lead managers and joint book runners for the offering. This press release appears as a matter of record only. The securities described in this press release may only be offered and sold by means of the prospectus and prospectus supplement relating thereto, copies of which are available from the underwriter listed above.

Comcast Corporation (www.comcast.com) is principally involved in the development, management and operation of broadband cable networks, and in the provision of electronic commerce and programming content. Comcast Cable is the third-largest cable company in the United States and, incorporating pending cable transactions, will serve more than 8.2 million subscribers. Comcast's commerce and content businesses include majority ownership of QVC, Comcast-Spectacor, Comcast SportsNet, and The Golf Channel, a controlling interest in E! Networks, and other programming investments.

Comcast's Class A Special and Class A Common Stock are traded on The Nasdaq Stock Market under the symbols CMCSK and CMCSA, respectively.