1. COMMISSION PRESENTATION January 20, 2006

2. 2 2005 Milestones Progress in the DTV Transition Progress in the DTV Transition Increased MVPD Competition Increased MVPD Competition Improved Spectrum Management Improved Spectrum Management Broadband Deployment Broadband Deployment Disaster Relief Disaster Relief

3. Availability of Digital Programming HOMES PASSED by CABLE HDTV SERVICE 1,550 Stations Broadcasting 1,550 Stations Broadcasting 90% Built-Out 90% Built-Out 1 st Round Channel Election 1 st Round Channel Election Process Completed Process Completed 3 DIGITAL BROADCASTERS

4. Support of Consumer Investment Consumer Education Consumer Education Campaign Campaign DTV Tuner Order DTV Tuner Order Plug-n-Play Reporting Plug-n-Play Reporting Requirements Requirements CONSUMER PURCHASES OF DTV EQUIPMENT DTV EQUIPMENT SOLD DTV EQUIPMENT SOLD CUM. DTV HOUSEHOLDS CUM. DTV HOUSEHOLDS 4 FCC ACTIONS

5. VIEWERS SOURCE OF PROGRAMMING OVER-THE-AIR OVER-THE-AIR CABLE SUBSCRIBERS CABLE SUBSCRIBERS 199319992005 DBS SUBSCRIBERS DBS SUBSCRIBERS OTHER MVPDS OTHER MVPDS Growth of MVPD Subscribers 5

6. Implementation of Satellite Home Viewer and Extension Reauthorization Act Implementation of Satellite Home Viewer and Extension Reauthorization Act Review of Cable Franchising Process for New Entrants (e.g., telcos) Review of Cable Franchising Process for New Entrants (e.g., telcos) Ongoing Review of Adelphia Transaction Ongoing Review of Adelphia Transaction 6

7. Facilitate Deployment of Services Proposed Radio Proposed Radio Licensing Streamline Licensing Streamline Issued New FM Permits Issued New FM Permits Clarified LPFM Rules Clarified LPFM Rules Processed Broadcast Processed Broadcast Renewals Renewals DIGITAL AUDIO BROADCASTING AUTHORIZATIONS AUTHORIZATIONS 7

8. Cable Modem Service GROWTH in SUBSCRIBERS (millions) Availability: 105 Million Availability: 105 Million Households Households Subscribers: 23 Million Subscribers: 23 Million Brand X Decision Brand X Decision 8

9. Granted 53 Waivers to Affected Broadcasters Within Granted 53 Waivers to Affected Broadcasters Within Days of Landfall Days of Landfall Granted 18 Special Temporary Authorizations Granted 18 Special Temporary Authorizations Examples of Relief Provided: Examples of Relief Provided: Authorized Salvation Army operation of LPFM Authorized Salvation Army operation of LPFM Granted noncommercial stations authority to interrupt regular programming for fundraising efforts Granted noncommercial stations authority to interrupt regular programming for fundraising efforts Authorized LPFM broadcast to Katrina evacuees in Houston Astrodome Authorized LPFM broadcast to Katrina evacuees in Houston Astrodome 9

10. TO DO: FACILITATE DTV TRANSITION ROLL-OUT OF DIGITAL RADIO AUCTION FM ALLOTMENTS INITIATE 2006 OWNERSHIP REVIEW 10