NEWS
                                                            April 3, 1995

               COMMISSION AND CONTINENTAL CABLEVISION, INC.
                        NEGOTIATE SOCIAL CONTRACT;
                    COMMISSION REQUESTS PUBLIC COMMENT


     The Commission and Continental Cablevision, Inc. have negotiated a Social Contract
that will, if finally adopted by the Commission, resolve cable television rate complaints
pending against Continental and require Continental to upgrade its systems.  The Contract
was negotiated in accordance with the Commission's authority to consider and to adopt
"social contracts" as alternatives to other regulatory approaches applicable to cable television
rates.  Comments on the proposed Contract are due by May 3, 1995.  Replies are due by
May 18, 1995.

     A Public Notice, entitled "Social Contract for Continental Cablevision, Inc. Available
for Comment, the Commission Seeks Comment on a Proposed Social Contract with
Continental Cablevision that Resolves Rate Cases, Assures Rate Stability, and Provides
Increased Investment in Cable TV Infrastructure; Refunds of Up to Approximately $9.5
Million to be Provided to Affected Subscribers" (FCC 95-137) has been released today.  The
Notice states: "The Contract is designed to (1) assure fair and reasonable rates for
Continental's cable service customers; (2) improve Continental's cable service by
substantially upgrading the channel capacity and technical reliability of its United States cable
systems; and (3) reduce the administrative burden and costs of regulation for local
governments, the Commission, and Continental."   Key elements of the Contract include:

       A Continental commitment to invest $1.35 billion over the next 6 years to
       upgrade its domestic cable systems.

       A Continental commitment to establish lifeline basic service tiers priced at
       15% below the Commission's benchmark rates for Continental's regulated
       systems and at 15% below current rates on its unregulated systems.

       Resolution of the future rate levels for all of Continental's regulated cable
       programming services tiers, all of Continental's unregulated basic service
       tiers and, subject to opt out provisions described below, all of
       Continental's regulated basic service tiers for which it has filed cost of
       service justifications.
       An estimated $9.5 million in subscriber refunds, approximately $6.2
       million for basic service and cable programming services tier subscribers
       for whom Continental has justified rates through cost of service showings
       and $3.3 million for cable programming services tier subscribers for whom
       Continental has justified rates through use of the Commission's benchmark
       formula.  

       An opportunity for local franchise authorities to opt out of the settlement of
       basic service tier rates in those local franchise areas where Continental has
       submitted a cost of service filing to justify its rates.  Justifications for basic
       service tier rates in franchise areas where Continental has submitted
       benchmark filings are not affected by the Contract.

       The Contract does not constitute an admission by Continental of any
       violation, or failure to conform to, any law, rule, or policy.

     Cable Services Bureau Chief Meredith J. Jones commented, "The Continental
agreement is a very positive step that creates innovative solutions to complicated regulatory
and business issues.  The Contract will provide rate stability and refunds for consumers, as
well as improved service and reliability.  At the same time, the Commission and local
franchise authorities will save countless hours in reviewing and issuing orders about
Continental's rates.  Continental retains the flexibility to continue to provide excellent service
to the public and to obtain financing for system expansion and to diversify into new
businesses.  I believe consumers, the company and the Commission will all benefit from the
terms of the Contract."

News Media contact: Morgan Broman (202) 416-0852; Cable Services Bureau contacts:
Lenworth Smith, Jr., Jerome Fowlkes and JoAnn Lucanik (202) 416-0800.

                                   -FCC-