> Adelphia is continuing to supply cable entertainment, high-speed Internet
> access and other services to its millions of customers without interruption in
> all of its markets which serve more than 3,500 communities across the nation.
> All employees are receiving their salaries, wages and health and other
> benefits. Adelphia will be satisfying all its obligations going forward to
> local franchise authorities, programming suppliers and vendors as required by
> the laws governing reorganization under Chapter 11. In addition, Adelphia
> will segregate within the Company's own accounting system the franchise fees
> it receives from customers.
>
> The DIP credit facility will enable Adelphia to continue to operate
smoothly and provide quality cable programming throughout the reorganization
process. In addition, it will fund the Company's continued build out and
upgrade efforts in order to offer Adelphia's customers digital cable, high-
speed data and other enhanced services.
