MediaOne Group, Inc. Earnings Per Share Highlights (UNAUDITED) Three Months Ended Mar 31, 2000 1999 - - -------------------------------------------------------------------------- Earnings (Loss)Per Share - As Reported Average Shares Outstanding (millions) Basic 642.9 603.8 Diluted 651.1 603.8 Basic Earnings (Loss) per common share $ 1.80 $ (0.21) Diluted Earnings (Loss) per common share $ 1.78 $ (0.21) - - -------------------------------------------------------------------------- Common Shares (millions) Actual Shares Outstanding 638.9 604.0 - - -------------------------------------------------------------------------- Normalized Earnings (Loss) Per Share Basic EPS $ 1.80 $ (0.21) Adjustment for One Time Unusual Transactions Gains on Sales of Investments (2.09) (0.20) Primestar Loss - 0.07 Merger Costs 0.02 0.03 -------- -------- Normalized Basic EPS $ (0.27) $ (0.31) ======== ======== - - -------------------------------------------------------------------------- -10-