UCOMA Unitedglobalcom (MM)

UnitedGlobalCom Announces Managing Director for UPC Netherlands Operation DENVER, June 28 /PRNewswire-FirstCall/ -- UnitedGlobalCom, Inc. ("UGC" or "the Company") (NASDAQ:UCOMA), announces that Diederik Karsten has been appointed as Managing Director of UPC Netherlands, the broadband operation of UGC serving 2.3 million customers in The Netherlands, as of March 31, 2004. Gene Musselman, who combined this function with his work as President and Chief Operating Officer (COO) of UPC Broadband, UGC's broadband division throughout Europe, will again fully concentrate on his pan-European responsibilities. Diederik Karsten (47) held various marketing and management positions at Procter & Gamble and PepsiCo in Europe and the United States, and was for several years Chief Executive Officer of KPN Mobile N.V. He currently holds several non-executive Board positions, among others with EasyJet Plc, the low cost carrier. Gene Musselman is extremely pleased with Diederik Karsten's decision to join UPC Netherlands: "Diederik is a manager with extensive knowledge and experience in the Dutch consumer market. In addition, he played a major role in the growth of the Dutch telecommunications industry, where he is credited with building KPN mobile into a major division within the KPN Group. His skills and experience will enable UPC Netherlands to solidify and expand its position as a leading provider of voice, video and Internet services in The Netherlands." Diederik Karsten said, "This is a great opportunity. UPC is one of the most innovative broadband companies in Europe, with a strong and clear vision on the development of cable communications in The Netherlands. I am looking forward to working with UPC's dedicated and enthusiastic Dutch workforce as this operation enters a new phase of growth." About UnitedGlobalCom UGC is the leading international broadband communications provider of video, voice, and Internet services with operations in 14 countries. Based on UGC's operating statistics at March 31, 2004, the Company's networks reached approximately 12.8 million homes and had over 9.2 million RGUs, including approximately 7.5 million video subscribers, 742,000 telephone subscribers and 984,300 Internet access subscribers. Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the future position and growth of UPC Netherlands. These forward looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include, the continued use by subscribers and potential subscribers of the UPC Netherlands' services, changes in the technology and competition, as well as other factors detailed from time to time in the Company's filings with the Securities and Exchange Commission. DATASOURCE: UnitedGlobalCom, Inc. CONTACT: Investor Relations - Denver, Richard S.L. Abbott, +1-303-220-6682, , or Corporate Communications - Europe, Bert Holtkamp, + 31 (0) 20 778 9447, , both of UnitedGlobalCom, Inc.

Copyright