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Adelphia Launches Sale Process

  Company to Be Sold in Whole or in Part Through the Sale of Seven Strategic
        Clusters; Plan Designed to Maximize Value for All Stakeholders

    GREENWOOD VILLAGE, Colo., Sept. 21 /PRNewswire-FirstCall/ -- As part of
its continuing effort to maximize value for all of its constituents, Adelphia
Communications Corporation (OTC: ADELQ) announced today that it has formally
launched its sale process.  As part of that process, Adelphia will allow
interested parties to bid on any or all of seven strategic clusters of cable
systems, organized principally by geography and ability to operate as
standalone entities.
    The clusters are Northern New England/Eastern New York; Cleveland/Greater
Ohio Valley; Florida/Southeast; California/Western; Virginia/Maryland/Colorado
Springs/Kentucky; Pennsylvania; and Western New York & Connecticut.
    "By dividing the company into seven distinct strategic clusters, we
believe we can maximize value for Adelphia's wide range of creditors and other
stakeholders," said Bill Schleyer, chairman and CEO.  "Our goal in grouping
the clusters is to produce a robust sale process by offering maximum
flexibility for all interested parties including strategic and financial
buyers.  We have already signed confidentiality agreements with many parties
and are pleased with the level of preliminary interest."
    Final bids for the assets are expected by year-end.  UBS Investment Bank
and Allen & Company LLC are financial advisors for the Adelphia sale process.
    Adelphia is currently operating in Chapter 11 bankruptcy.

    About Adelphia
    Adelphia Communications Corporation is the fifth-largest cable television
company in the country.  It serves customers in 31 states and Puerto Rico, and
offers analog and digital video services, high-speed Internet access and other
advanced services over Adelphia's broadband networks.

    Cautionary Statement Regarding Forward-Looking Information
    This document includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended.  All statements regarding
Adelphia Communications Corporation's and its subsidiaries' and affiliates'
(collectively, the "Company") expected future financial position, results of
operations, cash flows, process for sale of the Company, restructuring and
financing plans, expected emergence from bankruptcy, business strategy,
budgets, projected costs, capital expenditures, network upgrades, products and
services, competitive positions, growth opportunities, plans and objectives of
management for future operations, as well as statements that include words
such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend,"
"may," "could," "should," "will," and other similar expressions are
forward-looking statements.  Such forward-looking statements are inherently
uncertain, and readers must recognize that actual results may differ
materially from the Company's expectations.  The Company does not undertake a
duty to update such forward-looking statements.  Factors that may cause actual
results to differ materially from those in the forward-looking statements
include the Company's pending bankruptcy proceeding, results of litigation
against the Company and government investigations of the Company, the effects
of government regulation including the actions of local cable franchising
authorities, the availability of financing, actions of the Company's
competitors, results and impacts of any process to sell the Company or its
assets, customer response to repackaged services, pricing and availability of
programming, equipment, supplies, and other inputs, the Company's ability to
upgrade its network, technological developments, and changes in general
economic conditions.  Many of these factors are outside of the Company's
control.


SOURCE Adelphia Communications Corporation




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CONTACT:
Media, Paul Jacobson, +1-303-268-6426, or
Erica Stull, +1-303-268-6502; or Investor Relations, Jim Buckley,
+1-303-268-6424, all of Adelphia Communications Corporation