Press Releases
SOURCE: DH Capital, LLC

DH CAPITAL ADVISES KNOLOGY ON THE ACQUISITION OF CERTAIN ASSETS FROM VERIZON

NEW YORK, NY - January 12, 2004 - DH Capital, LLC, a New York City based investment bank, announced that it served as exclusive financial advisor to Knology Inc. on its acquisition last month of certain broadband assets from Verizon Media Ventures Inc.

Knology Inc., headquartered in West Point, Georgia, is a leading provider of interactive communications and entertainment services in the Southeast. The acquisition includes broadband assets located in Pinellas County, Florida, and the cable television system serving the city of Cerritos, California. These two markets will add approximately 291,000 marketable passings to the existing eight markets comprising the Knology footprint, as well as add approximately 64,000 video connections and 11,000 data connections.

For more information on the transaction, please visit Knology's website at www.knology.com and go to Press Room.

About DH Capital, LLC
DH Capital is a private investment banking partnership serving the media, Internet and telecommunications industries. The firm capitalizes on more than seventy years of combined experience in financing, acquiring, selling and operating companies. DH Capital specializes in providing a full range of advisory services to companies and financial institutions including private placements, mergers & acquisitions, financial restructuring, and operational consulting. The principals of DH Capital have led hundreds of transactions including M&A totaling in excess of $10 billion, private equity placements totaling more than $800 million, and debt placements totaling in excess of $8 billion.

For additional information on DH Capital, please contact us at 212-698-7990.