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GCI CLASS A COMMON STOCK ON NASDAQ NATIONAL MARKET

 ANCHORAGE, Alaska, June 30 /PRNewswire/ -- Ronald A. Duncan, president and chief executive officer for General Communication Inc. (GCI) (NASDAQ: GNCMA), today announced that the company's application has been approved for inclusion of its Class A common stock on the National Association of Securities Dealers Automated Quotation (NASDAQ) National Market.
 GCI's Class A common stock, which has been quoted on the NASDAQ Small Cap Market since Aug. 22, 1988, will commence trading on the NASDAQ National Market effective July 1, 1993.
 "After 10 years of work, GCI will now be recognized by more brokers and investors than ever before," said Duncan. "The increased exposure should lead to greater liquidity and long-term financial stability for GCI."
 Duncan added that these positive financial factors will allow GCI to continue offering advanced technology and top quality service at the lowest possible rates to the consumer and may ultimately provide growth and opportunity for the company and its investors.
 GCI has two classes of common stock - Class A and Class B. GCI's Class B common stock has been and continues to be quoted through the National Quotation Bureau over-the-counter pink sheets.
 Both the Class A and Class B common stock were registered under Section 12(g) of the federal Securities Exchange Act of 1934, effective in February 1987. GCI has been subject to the reporting requirements of that act since that time.
 GCI, an Alaska-based long-distance telephone company, provides service to more than 80,000 customers.
 -0- 6/30/93
 /CONTACT: Ron Duncan, 907-265-5600 or John M. Lowber, 907-265-5628, both of GCI/
 (GNCMA)


CO: General Communication Inc. ST: Alaska IN: TLS SU:

JH-LH -- SE009 -- 7277 06/30/93 15:20 EDT
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Publication:PR Newswire
Date:Jun 30, 1993
Words:276
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