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COMCAST CORPORATION ANNOUNCES OFFERING OF $200 MILLION 9-1/2 PERCENT SENIOR SUBORDINATED DEBENTURES DUE JAN. 15, 2008

 PHILADELPHIA, Jan. 8 /PRNewswire/ -- Comcast Corporation (NASDAQ-NMS: CMCSA, CMCSK) today announced the offering of $200 million of 9-1/2 percent Senior Subordinated Debentures due Jan. 15, 2008.
 Interest on the debentures is payable on Jan. 15 and July 15 of each year, commencing July 15, 1993. The debentures may not be redeemed by Comcast Corporation prior to Jan. 15, 2000. The debentures were underwritten by The First Boston Corporation. Proceeds from the offering will be used for working capital and general corporate purposes.
 Comcast Corporation is principally engaged in the development and operation of cable communications systems. The company's consolidated and affiliated operations served more than 2.8 million subscribers at Sept. 30, 1992. The company also provides cellular telephone services in the Northeast United States to markets encompassing a population in excess of 7.3 million. In addition, Comcast is also engaged in the sale and installation of sound communications systems, owning the largest independent network of background music systems operating under the Muzak name.
 The Class A and Class A Special common stock of Comcast are traded in the Over-the-Counter market and reported in the National Market List under the NASDAQ symbols CMCSA and CMCSK, respectively.
 /delval/
 -0- 1/8/93
 /CONTACT: John R. Alchin, 215-981-7503, or Marolyn L. Bailey, 215-981-7550, both of Comcast/
 (CMCS)


CO: Comcast Corporation ST: Pennsylvania IN: TLS SU: OFR

LJ-CC -- PH028 -- 3179 01/08/93 16:44 EST
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Publication:PR Newswire
Date:Jan 8, 1993
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