Time Warner Cable Inc. Announces Sterling Debt Offering

Time Warner Cable Inc. (NYSE:TWC) today announced that it has commenced an underwritten public offering of sterling denominated notes with a 20-year maturity. The net proceeds from the issuance of the notes are expected to be used for general corporate purposes, which may include the repayment of debt.

The notes will be issued by Time Warner Cable Inc. and guaranteed by its subsidiaries TW NY Cable Holding Inc. and Time Warner Entertainment Company, L.P. Barclays Bank plc, Deutsche Bank AG, London Branch, The Royal Bank of Scotland plc and UBS Limited are joint book-running managers.

Time Warner Cable Inc. has filed a registration statement on Form S-3 (including a prospectus) with the Securities and Exchange Commission ("SEC”) for this offering. Interested parties should read the prospectus in that registration statement, the preliminary prospectus supplement for this offering and the other documents that Time Warner Cable Inc. has filed with the SEC that are incorporated by reference into the preliminary prospectus supplement for more complete information about Time Warner Cable Inc. and this offering. These documents are available at no charge by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, copies of the prospectus and preliminary prospectus supplement relating to the offering will be made available by any underwriter or dealer participating in the offering to interested parties who make a request by contacting Barclays Bank plc, an affiliate of Barclays Capital Inc., 5 The North Colonnade Canary Wharf, London E14 4BB, +44 (20) 777-39098, barclaysprospectus@broadridge.com; Deutsche Bank AG, London Branch, Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Floor 2, Jersey City, New Jersey 07311-3988, +1 (800) 503-4611, prospectus.cpdg@db.com; The Royal Bank of Scotland plc, 135 Bishopsgate, London, EC2M 3UR, +44 (20) 7085 3827; and UBS Securities, 1 Finsbury Avenue, London EC2M 2PP, +1 (888) 722-9555.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Caution Concerning Forward-Looking Statements

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological, strategic and/or regulatory factors and other factors affecting the operations of Time Warner Cable Inc. More detailed information about these factors may be found in filings by Time Warner Cable Inc. with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Time Warner Cable Inc. is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.