COMCAST CORPORATION

NEWS RELEASE

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Contact:
John R. Alchin, Senior Vice President and Treasurer      (215) 981-7503
William E. Dordelman, Vice President, Finance            (215) 981-7550
Marlene S. Dooner, Senior Director, Investor Relations   (215) 981-7392

FOR IMMEDIATE RELEASE

                  COMCAST-MEDIAONE MERGER AGREEMENT TERMINATED
                 Comcast receives $1.5 Billion Termination Fee

Philadelphia,  PA - May 6,  1999....Comcast  Corporation  announced  today  that
MediaOne has terminated the Merger  Agreement dated as of March 22, 1999 between
Comcast and  MediaOne.  MediaOne has paid  Comcast the $1.5 billion  termination
fee, as required under the Merger Agreement.



Comcast  Corporation  (http://www.comcast.com)  is  principally  engaged  in the
development,  management  and operation of broadband  cable  networks and in the
provision of content through principal ownership of QVC,  Comcast-Spectacor  and
Comcast SportsNet,  a controlling  interest in E!  Entertainment  Television and
through other programming investments.

Comcast's  Class A Special  Common  Stock and Class A Common Stock are traded on
The Nasdaq Stock Market under the symbols CMCSK and CMCSA, respectively.



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