Knology to Join Russell 3000 Index

Knology, Inc. (NASDAQ: KNOL) is set to join the broad-market Russell 3000® Index when Russell Investment Group reconstitutes its comprehensive set of U.S. and global equity indexes on June 22, according to a preliminary list of additions recently posted on the Russell Investment Group’s Web site. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective market-capitalization rankings and style attributes. Rodger L. Johnson, President and Chief Executive Officer of Knology, Inc. said, "Knology’s inclusion in the Russell 3000 index is a meaningful milestone for the Company and is a result of successfully growing the business with an ongoing focus of increasing shareholder value.” Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. An industry-leading $4 trillion in assets currently are benchmarked to them. Annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. The largest 1,000 companies in this ranking comprise the Russell 1000 and the next 2,000 companies become the Russell 2000. About Knology Knology Inc., headquartered in West Point, Georgia, is a leading provider of interactive communications and entertainment services in the Southeast and upper Midwest regions of the United States. Knology serves both residential and business customers with one of the most technologically advanced broadband networks in the country. Innovative offerings include over 200 channels of digital cable TV, local and long distance digital telephone service with the latest enhanced voice messaging features, and high-speed Internet access, which enables consumers to quickly download video, audio and graphic files using a cable modem. Knology’s fiber-based business products include Passive Optical Network (PON), which supplies IP architecture with segmented voice and data bandwidth, and Managed Integrated Network Solutions (MATRIX), an integrated IP-based technology which converges data and voice. For more information, please visit www.knology.com.