UGC to Present at Smith Barney Citigroup Conference DENVER, Jan. 5 /PRNewswire-FirstCall/ -- UnitedGlobalCom, Inc. ("UGC" or "the Company") , will make a presentation Monday, January 5, 2004 at 10:45 AM MST at the Smith Barney Citigroup Conference, at The Arizona Biltmore Resort & Spa in Phoenix, Arizona. A copy of UGC's presentation materials, and a link to the audio webcast of the presentation can be found on the Company's website at http://www.unitedglobal.com/ under the Investor Relations section. There will be a replay available following the presentation and webcast. About UnitedGlobalCom UGC is the largest international broadband communications provider of video, voice, and Internet services with operations in numerous countries. Based on the Company's operating statistics at September 30, 2003, UGC's networks reached approximately 12.6 million homes passed and 9 million RGUs, including approximately 7.4 million video subscribers, 717,900 voice subscribers, and 868,000 high speed Internet access subscribers. UGC's significant and consolidated operating subsidiaries include UGC Europe, Inc. (UGC Europe) (NASDAQ:UGCE), a leading pan-European broadband communications company; and VTR GlobalCom S.A. (VTR), the largest broadband communications provider in Chile; as well as several strategic ventures in video and broadband businesses around the world. Forward Looking Statements: Except for historical information contained herein, this news release contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These forward-looking statements also include our estimates of year-end revenues, capital expenditures and other financial information, consummation of planned transactions and financings, projections of operational targets, launch of new services and other statements concerning growth. These risks and uncertainties include continued use by subscribers and potential subscribers of the Company's services, changes in the technology and competition, our ability to achieve expected operational efficiencies and economies of scale, our ability to generate expected revenue and achieve assumed margins, as well as other factors detailed from time to time in the Company's filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this Release. UGC expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in UGC's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Please visit our web site at http://www.unitedglobal.com/ for further information about the company. DATASOURCE: UnitedGlobalCom, Inc. CONTACT: Investor Relations, Richard S. L. Abbott - VP, Finance of UnitedGlobalCom, Inc., +1-303-220-6682, Web site: http://www.unitedglobal.com/

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