<BTB> EXHIBIT 99B.7 INVESTING ACTIVITY U S WEST MEDIA GROUP Quarter Ended June 30, March 31, YTD In millions 1997 1997 Total - - ---------------------------- --------- --------- --------- Cable & telecommunications Domestic investments (1) <F1> $ 300 $ 261 $ 561 International investments 9 12 21 Wireless Domestic investments 123 141 264 International investments - 34 34 Directory & Other 6 16 22 Asset sales (2)<F2> (419) (206) (625) --------- --------- --------- Total $ 19 $ 258 $ 277 ========= ========= ========= Valuation of Investments Publicly Traded Price per share Total # of Shs as of Value (thousands) 7/25/97 (millions) --------- --------- --------- Telewest (TWSTY) 37,875 $12.75 $482.9 Teleport (TCGI) 11,786 37.81 445.6 Home Shopping Network (HSNI) 220 36.69 8.1 <FN> <F1> (1) Excludes $1,150 paid to Continental shareholders in first quarter 1997. <F2> (2) Excludes Minnesota cable systems. </FN>