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TIME WARNER CABLE REPORTS 2009 SECOND-QUARTER RESULTS

Release Date: 07/29/2009

NEW YORK, NY, July 29, 2009 – Time Warner Cable Inc. (NYSE: TWC) today reported financial results for its second quarter ended June 30, 2009.

Time Warner Cable Chief Executive Officer Glenn Britt said: “I’m pleased with our second quarter financial results and, in particular, with our very strong free cash flow. Despite the tough economic environment, we continue to grow, unlike many other businesses. We generated over $1 billion of free cash flow in the first half of the year, which has enabled us to reduce the debt we incurred in our recent separation from Time Warner Inc., strengthening our balance sheet and driving returns for our shareholders.”

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