NCTA EXTENDS SACHS' TERM AS PRESIDENT & CEO THROUGH 2004

Washington, DC -- National Cable & Telecommunications Association Board Chairman and Insight Communications President Michael S. Willner announced today that NCTA has extended the employment contract of President & CEO Robert Sachs through December 31, 2004.

In making the announcement, Willner said, “Robert has provided NCTA with steady leadership during a period of unprecedented change in the cable industry. The Board’s early decision to extend Robert’s contract reflects our strong satisfaction with the performance of Robert and the NCTA staff.”

Commenting on his contract extension, Sachs said, “NCTA is a great organization, representing great companies. It’s a real privilege to work with so many talented people in this industry and play a role in cable’s transformation.”

Sachs, 52, was appointed by NCTA in August 1999 to succeed former NCTA President & CEO Decker Anstrom who left the organization to become CEO of The Weather Channel. Sachs’ initial contract was to run through July 31, 2002.

A 22-year cable industry veteran, Sachs was a principal of Boston-based Continental Consulting Group, LLC, prior to joining NCTA. From 1988-1998 he served as senior vice president for corporate & legal affairs of Continental Cablevision, Inc., and its successor, MediaOne, Inc. From 1979-1988, he served successively as director, vice president and senior vice president of corporate development for Continental Cablevision, Inc.
 

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