Cox Communications Announces Authorization of $500 Million Buyback Program for Class A Common Stock.

Business Editors

ATLANTA--(BUSINESS WIRE)--April 25, 2000

Cox Communications, Inc. (NYSE: COX) today announced that its Board of Directors has authorized the purchase of up to $500 million of Cox's Class A Common Stock. Purchases will be made through the open market or through private transactions in compliance with SEC Rule 10b-18, subject to market conditions, applicable legal requirements, and other factors.

Cox Communications serves approximately 6 million customers nationwide, making it the nation's fifth largest cable television company. A full-service provider of telecommunications products, Cox offers an array of services, including Cox Cable; local and long distance telephone services under the Cox Digital Telephone brand; high-speed Internet access under the brands Cox@Home, Road Runner and Cox Express; advanced digital video programming services under the Cox Digital Cable brand; and commercial voice and data services via Cox Business Services. Cox is an investor in telecommunications companies including Sprint PCS and Excite@Home, as well as programming networks including Discovery Channel, The Learning Channel, Outdoor Life and Speedvision. More information about Cox Communications can be accessed on the Internet at www.cox.com.