Says Final Bids In Sale Process Expected In January, 2005

    GREENWOOD VILLAGE, Colo., Nov. 9 /PRNewswire-FirstCall/ -- Adelphia
Communications Corporation (OTC Bulletin Board: ADELQ) today issued the
following statement regarding proposed amendments to its reorganization plan
by the Committee of Unsecured Creditors of Adelphia.
    "The input from the Unsecured Creditors Committee was expected and we are
reviewing it in normal course as part of the overall bankruptcy process.  We
are pleased that the Unsecured Creditors Committee has made progress, and we
view this as a productive step.  As we move forward with our dual track
process of simultaneously pursuing a sale of the Company and an emergence from
bankruptcy as a standalone company, we will evaluate these proposed amendments
as well as input from other constituents.  We remain committed to achieving
maximum value for all of the bankruptcy constituents."
    Regarding the ongoing sale process, the Company said, "Our sale process
for the Company is robust.  Due to the high number of interested parties, and
the time required for those parties to conduct due diligence, final offers are
expected in January, 2005."

    About Adelphia
    Adelphia Communications Corporation (OTC Bulletin Board: ADELQ) 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 the process to sell the Company or its
assets, 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.

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