UGC Announces Management Change in Its European Subsidiary

UGC Announces Management Change in Its European Subsidiary DENVER, Dec. 14 /PRNewswire-FirstCall/ -- UnitedGlobalCom, Inc. ("UGC" or "the Company") (NASDAQ:UCOMA) announced that Mark Schneider has resigned from UGC and as an officer of its European subsidiary, chellomedia, effective December 31, 2004, and will transition into a consulting position with UGC focusing primarily on media and content services. Mike Fries, President and Chief Executive Officer of UGC said, "Mark was a co-founder of UGC and has made significant contributions over the last 15 years to the company's strategic direction and accomplishments, particularly in Europe. He has motivated us all with his energy and passion for this business and I am pleased that Mark will continue to provide his insight and ideas to UGC in his new role. To facilitate the transition, Shane O'Neill, President of chellomedia, will assume Mark's day-to-day responsibilities in our European media and content services division." Mark Schneider added, "UGC has made significant progress over the past few years. The company is back on top of the European broadband business. I am looking forward to new challenges for myself and assisting UGC where I can in its next phase of growth." About UnitedGlobalCom UGC is a leading international provider of video, voice, and broadband Internet services with operations in 14 countries, including 11 countries in Europe. Based on the Company's operating statistics at September 30, 2004, UGC's networks reached approximately 15.5 million homes passed and served over 11.1 million RGUs, including approximately 9.1 million video subscribers, 761,000 telephone subscribers and 1.3 million broadband Internet subscribers. Please visit www.unitedglobal.com for further information or contact: Richard S.L. Abbott Claire Appleby Investor Relations - UGC Investor Relations - Europe (303) 220-6682 +44 20 7 838 2004 Email: ir@unitedglobal.com Email: ir@ugceurope.com Bert Holtkamp Corporate Communications - UGC Europe + 31 (0) 20 778 9447 communications@ugceurope.com Source: UnitedGlobalCom, Inc. CONTACT: Richard S.L. Abbott, Investor Relations - UGC, +1-303-220-6682, ir@unitedglobal.com, or Claire Appleby, Investor Relations - Europe, +44 20 7 838 2004, ir@ugceurope.com, or Bert Holtkamp, Corporate Communications - UGC Europe, + 31 (0) 20 778 9447, communications@ugceurope.com Web site: http://www.unitedglobal.com/ ------- Profile: International Entertainment