Time Warner Cable Reports 2012 Third-Quarter Results

SUBSCRIBER METRICS

(in thousands)																									Net
																									Additions
																						6/30/2012			(Declines)				9/30/2012
Residential services subscribers:
	Video																						12,299			(140	)			12,159
	High-speed data																						10,775			85				10,860
	Voice																						4,990			—				4,990
Business services subscribers:
	Video																						185			—				185
	High-speed data																						433			13				446
	Voice																						198			14				212
Single play subscribers																							5,950			(14	)			5,936
Double play subscribers																							5,099			(29	)			5,070
Triple play subscribers																							4,244			14				4,258
Customer relationships																							15,293			(29	)			15,264
For definitions related to the Company’s subscriber metrics, refer to the Trending Schedules posted on the Company’s website at www.twc.com/investors.

Non-GAAP Financial Measures

The Company refers to certain financial measures that are not presented in accordance with U.S. generally accepted accounting principles (“GAAP”), including OIBDA, Adjusted OIBDA, Adjusted OIBDA less capital expenditures, Adjusted net income attributable to TWC shareholders, Adjusted Diluted EPS and Free Cash Flow. Refer to Note 2 to the accompanying consolidated financial statements for a discussion of the Company’s use of non-GAAP financial measures.

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