Microsoft PowerPoint Presentation

12/12/2003

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Table of Contents

Key Integration Priorities Achieved

Priorities for 2004

Comcast Digital Cable

Comcast On Demand

High-Definition Television

Building A Superior ProductWith Superior Features

Building a Superior Product With Superior Distribution

Positioned to Drive Future Growth

Time Warner Cable Partnerships

QVC Monetization

Building Value in Content

Balance Sheet Strength

Author: Russell Porowski