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Release Date: 01/28/2010

NEW YORK, NY, January 28, 2010 – Time Warner Cable Inc. (NYSE: TWC) today announced that its Board of Directors declared a quarterly cash dividend on Time Warner Cable common stock. The quarterly dividend of $0.40 per share of common stock, representing the first payment of a planned annual dividend of $1.60 per share, will be payable in cash on March 15, 2010 to stockholders of record at the close of business on February 26, 2010.

Time Warner Cable Chief Executive Officer Glenn Britt said: “We believe that cash generating businesses like ours should return capital to shareholders. This regular dividend demonstrates our confidence in our business – in our strategy, our operational discipline and the free cash flows we expect to generate. As a starting point, our current dividend delivers a significant yield, yet it also provides us the flexibility to invest in organic growth as well as consider strategic acquisitions and additional means of returning capital to shareholders over time.”

About Time Warner Cable
Time Warner Cable is the second-largest cable operator in the U.S., with technologically advanced, well-clustered systems located in five geographic areas — New York State (including New York City), the Carolinas, Ohio, southern California (including Los Angeles) and Texas. Time Warner Cable serves more than 14 million customers who subscribe to one or more of its video, high-speed data and voice services. Time Warner Cable Business Class offers a suite of phone, Internet, Ethernet and cable television services to businesses of all sizes. Time Warner Cable Media Sales, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions that are targeted and affordable. More information about the services of Time Warner Cable is available at, and

Caution Concerning Forward-Looking Statements
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological, strategic and/or regulatory factors, and other factors affecting the operations of Time Warner Cable Inc. More detailed information about these factors may be found in filings by Time Warner Cable Inc. with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Time Warner Cable is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

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