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Press release from Marketwire

The CRTC Denies Bell/Astral Transaction

Thursday, October 18, 2012

The CRTC Denies Bell/Astral Transaction17:51 EDT Thursday, October 18, 2012MONTRÉAL, QUÉBEC--(Marketwire - Oct. 18, 2012) - Cogeco Cable (TSX:CCA) is pleased with the CRTC's decision regarding the proposed Bell/Astral transaction. According to Louis Audet, President and Chief Executive Officer of Cogeco Cable Inc., "Evidently, this decision was taken in the best interest of not only the Canadian broadcasting system but also in the best interest of all Canadian consumers. It demonstrates the CRTC's desire to ensure healthy competition in the Canadian communications industry and to protect the interest of consumers".ABOUT COGECO CABLECogeco Cable (www.cogeco.ca) is a telecommunications corporation and is the second largest hybrid fibre coaxial cable system operator in Ontario and Québec. Through its two-way broadband cable networks, Cogeco Cable provides its residential customers with Audio, Digital Television, as well as High Speed Internet (HSI) and Telephony services. Cogeco Cable also provides, to its commercial customers, through its subsidiary Cogeco Data Services, data networking, e-business applications, video conferencing, hosting services, Ethernet, private line, VoIP, HSI access, data storage, data security, co-location services, managed IT services, cloud services and other advanced communication solutions. Cogeco Cable's subordinate voting shares are listed on the Toronto Stock Exchange (TSX:CCA).FOR FURTHER INFORMATION PLEASE CONTACT: Vice-president Public Affairs and CommunicationsRene GuimondCogeco Cable(514) 764-4647