reported results for the quarter and year ended December 31, 2012.

Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, "I am really

pleased to report strong results for the 4th quarter and the full year of 2012 and delighted that we are able

to accelerate the acquisition of General Electric's 49% common equity interest in NBCUniversal while also

having the financial strength to return capital to shareholders. To underscore our confidence, we are

increasing our dividend by 20% and plan to repurchase $2 billion of our stock this year. Our businesses

have real momentum and we continue to benefit from our focus on operational excellence and to

leverage all of our content and technology platforms to expand the entertainment choices we offer

consumers. Cable's fourth quarter and full year results demonstrate consistent improvement in customer

metrics and growth in every product, led by High-Speed Internet. NBCUniversal's results principally

highlight the improving performance of our broadcast businesses. Our ongoing investments in

programming, technology and new products are driving innovation and supporting this strong

performance. As we begin 2013, our scale in distribution and content, combined with our focus on

execution and innovation, provides many opportunities to continue to build value for our shareholders."

Revenue for the fourth quarter of 2012 increased 5.9% to $15.9 billion, while Operating Cash Flow

increased 7.3% to $5.3 billion and Operating Income increased 12.9% to $3.3 billion.

For the year ended December 31, 2012, revenue increased 12.0% to $62.6 billion, while operating cash

flow increased 8.8% to $20.0 billion and operating income increased 13.6% to $12.2 billion.

Earnings per Share (EPS) for the fourth quarter of 2012 was $0.56, a 19.1% increase from the $0.47

reported in the fourth quarter of 2011. Excluding a favorable tax adjustment due to recent changes in

state tax legislation in 2012, EPS increased 10.6% (see Table 4).

For the year ended December 31, 2012, EPS was $2.28, a 52.0% increase from the $1.50 reported in the

prior year. Excluding non-recurring gains on sales, the favorable tax adjustment in 2012, and

NBCUniversal transaction and related costs and other non-recurring items in 2011, EPS increased 22.2%

Free Cash Flow (excluding any impact from the Economic Stimulus packages) decreased 2.3% to $1.8

billion in the fourth quarter of 2012 compared to the fourth quarter of 2011, reflecting growth in

consolidated operating cash flow, offset by higher working capital and capital expenditures.

For the year ended December 31, 2012, free cash flow increased 13.3% to $7.9 billion compared to $7.0

billion in 2011, reflecting growth in consolidated operating cash flow, partially offset by higher taxes and

capital expenditures.

Dividends and Share Repurchases. During the fourth quarter of 2012, Comcast paid dividends totaling

$432 million and repurchased 21.1 million of its common shares for $750 million. For the full year,

Comcast repurchased 95.7 million or 3.5% of its common shares for $3.0 billion and made four cash

dividend payments totaling $1.6 billion, resulting in a total return of capital to shareholders of $4.6 billion

for 2012.

Today, Comcast announced that it increased its dividend by 20% to $0.78 per share on an annualized

basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of

$0.195 a share on the company's common stock, payable on April 24, 2013 to shareholders of record as

of the close of business on April 3, 2013.

In addition, Comcast announced that it plans to repurchase $2.0 billion of its stock during 2013, subject to

market conditions.