Add-On Term Loan Supplement – GCI Holdings, Inc. (General Communication Inc.)

GCI HOLDINGS, INC.

ADD-ON TERM LOAN SUPPLEMENT NO. 2

ADD-ON TERM LOAN SUPPLEMENT NO. 2, dated as of July 22, 2011 to the Second
Amended and Restated Credit and Guarantee Agreement, dated as of January 29,
2010, among GCI Holdings, Inc., GCI, Inc., the Subsidiary Guarantors party
thereto, the Lenders party thereto, Credit Agricole Corporate and Investment
Bank (f/k/a Calyon New York Branch), as Administrative Agent (as amended,
supplemented or otherwise modified from time to time, the “Credit
Agreement“), and the other Agents named therein. Capitalized terms used
herein and not defined herein shall have the meanings assigned to such terms in
the Credit Agreement.

1. Pursuant to Section 2.1(b) of the Credit Agreement, the Borrower hereby
submits this Add-on Term Loan Supplement to the Administrative Agent.

2. Each of the following Lenders (each an “Current Lender“) has been
invited by the Borrower, and is ready, willing and able, to commit to make an
Add-on Term Loan (collectively, the “Series 2 Add-on Term Loans“) in the
following amount:

Name of Lender Add-on Term Loan Commitment

Union Bank, N.A.		$	10,000,000
Wells Fargo Bank, N.A.		$	15,000,000

3. Each of the following Persons (each a “Proposed Lender“) has been
invited by the Borrower, and is ready, willing and able, to become a “Lender”
and to commit to make an Add-on Term Loan in the amount of its Add-on Term Loan
Commitment as follows:

Name of Person Add-on Term Loan Commitment

N/A N/A

4. The Borrower hereby represents and warrants to each Credit Party including
each Current Lender and each Proposed Lender, that, assuming the Administrative
Agent executes and delivers this Add-on Term Loan Supplement, all of the
conditions set forth in Section 2.1(b) of the Credit Agreement with respect
hereto have been satisfied and the Borrower is in compliance with all of the
terms of such Section.

5. Pursuant to Section 2.1(b) of the Credit Agreement, (a) each Current
Lender153s Add-on Term Loan Commitment is in the amount set forth above next to
its name, (b) each Proposed Lender is a party to the Credit Agreement and shall
for all purposes of the Loan Documents be deemed a “Lender” having an Add-on
Term Loan Commitment as set forth above next to its name, and (c) this Add-on
Term Loan Supplement is an Effective Add-on Term Loan Supplement.

6. Add-on Term Loan Borrowing Date: July 22, 2011.

7. The Applicable Margin for the Series 2 Add-on Term Loans is set forth on
Schedule I hereto.

8. The unpaid principal amount of the Series 2 Add-on Term Loans shall be
payable in such amounts and on such dates, set forth on Schedule II hereto,
provided that in no event shall the scheduled amortization of any such Series 2
Add-on Term Loan exceed 1% of the original principal amount of the Series 2
Add-on Term Loan per annum.

9. Attached hereto as Exhibit A is a form of promissory note that, pursuant
to Section 2.8(d) of the Credit Agreement, shall be used in the event any
Current Lender shall request that its Series 2 Add-on Term Loan be evidenced by
a Note..

[SIGNATURE PAGES FOLLOW]

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IN WITNESS WHEREOF, the parties hereto duly executed this Add-on Term Loan
Supplement as of the day and year first above written.

		GCI HOLDINGS, INC.
	By:	/s/ Bruce Broquet

	Name:	Bruce L. Broquet
		Title:	Vice President, Finance

CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, , as Administrative Agent

		By:	/s/ Tanya Crossley
	Name:	Tanya Crossley

	Title:	Managing Director
	By:	/s/ Amy Trapp

	Name:	Amy Trapp
		Title:	Managing Director

UNION BANK, N.A., as a Current Lender

		By:	/s/ Richard Vian
	Name:	Richard Vian

Title:

Vice President

WELLS FARGO BANK, N.A., as a Current Lender

		By:	/s/ Sam Mazzeo
	Name:	Sam Mazzeo

Title:

Business Banking Manager

ADD-ON TERM LOAN SUPPLEMENT NO. 2

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SCHEDULE I

The Applicable Margin for the Series 2 Add-on Term Loans shall be 2.5% for
Eurodollar Loans and 1.5% for ABR Loans.

SCHEDULE 1 TO ADD-ON TERM LOAN SUPPLEMENT NO. 2

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SCHEDULE II

None, other than as provided in Section 2.6(a)(ii) of the Credit Agreement.

SCHEDULE II TO ADD-ON TERM LOAN SUPPLEMENT NO. 2

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ADD-ON TERM LOAN SUPPLEMENT NO. 2 – EXHIBIT A

FORM OF SERIES 2 ADD-ON TERM LOAN NOTE

[Location of Execution]

[Date]

FOR VALUE RECEIVED, the undersigned, GCI HOLDINGS, INC., (the
“Borrower“), hereby promises to pay to the order of [_______________]
(the “Lender“) the unpaid principal amount of the Series 2 Add-on Term
Loan, under and as such term is defined in Add-on Term Loan Supplement No. 2,
dated as of July 22, 2011, among the Borrower, CREDIT AGRICOLE CORPORATE AND
INVESTMENT BANK (“Credit Agricole“), as Administrative Agent (as defined
below), WELLS FARGO BANK, N.A., as a Lender and UNION BANK, N.A., as a Lender
(“Supplement No. 2“), made by the Lender to the Borrower (the “Series
2 Add-on Term Loan“), in the amounts and at the times set forth in the
Second Amended and Restated Credit and Guarantee Agreement, dated as of January
29, 2010, among the Borrower, GCI, Inc., the Subsidiary Guarantors party
thereto, the Lenders party thereto, Credit Agricole, as administrative agent
(Credit Agricole, in such capacity, the “Administrative Agent“), and the
other Agents named therein (as the same may be amended, supplemented (including
by Supplement No. 2) or otherwise modified from time to time, the “Credit
Agreement“), and to pay interest from the date such Series 2 Add-on Term
Loan was made on the principal balance of the Series 2 Add-on Term Loan from
time to time outstanding at the rate or rates and at the times set forth in the
Credit Agreement, in each case at the office of the Administrative Agent located
at 1301 Avenue of the Americas, New York, New York, or at such other place as
the Administrative Agent may specify to the Borrower in writing from time to
time, in lawful money of the United States in immediately available funds.
Capitalized terms not otherwise defined herein but defined in the Credit
Agreement are used herein with the same meanings.

The Series 2 Add-on Term Loan is prepayable in the amounts, and under the
circumstances, and its maturity is subject to acceleration upon the terms, set
forth in the Credit Agreement. This Note is subject to, and should be construed
in accordance with, the provisions of the Credit Agreement and is entitled to
the benefits and security set forth in the Loan Documents.

The Lender is hereby authorized to record on the Schedule annexed hereto, and
any continuation sheets which the Lender may attach hereto, (i) the date of the
Series 2 Add-on Term Loan, (ii) the Type and amount thereof, (iii) the interest
rate (without regard to the Applicable Margin) and Interest Period applicable to
each Eurodollar Loan with respect thereto and (iv) the date and amount of each
conversion of, and each payment or prepayment of the principal of, the Series 2
Add-on Term Loan. The entries made on such Schedule shall be prima facie
evidence of the existence and amounts of the obligations recorded thereon,
provided that the failure to so record or any error therein shall not in any
manner affect the obligation of the Borrower to repay the Series 2 Add-on Term
Loan in accordance with the terms of the Credit Agreement.

Except as specifically otherwise provided in the Credit Agreement, the
Borrower hereby waives presentment, demand, notice of dishonor, protest, notice
of protest and all other demands, protests and notices in connection with the
execution, delivery, performance, collection and enforcement of this Note.

Whenever in this Note either party hereto is referred to, such reference
shall be deemed to include the successors and permitted assigns of such party.
The Borrower shall not have the right to assign its rights or obligations
hereunder or any interest herein (and any such attempted assignment shall be
void), except as expressly permitted by the Loan Documents. No failure or delay
of the Lender in exercising any power or right hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise of any such right or
power, or any abandonment or discontinuance of steps to enforce such a right or
power, preclude any other or further exercise thereof or the exercise of any
other right or power. Neither this Note nor any provision hereof may be waived,
amended or modified, nor shall any departure therefrom be consented to, except
pursuant to a written agreement entered into in accordance with Section 10.2 of
the Credit Agreement.

THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF
THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THAT WOULD
REQUIRE THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION.

All communications and notices hereunder shall be in writing and given as
provided in Section 10.1 of the Credit Agreement.

The Borrower, and by accepting this Note, the Lender each hereby irrevocably
and unconditionally submits, for itself and its property, to the nonexclusive
jurisdiction of any New York State court or Federal court of the United States
of America sitting in New York City, and any appellate court from any thereof,
in any action or proceeding arising out of or relating to this Note or the other
Loan Documents, or for recognition or enforcement of any judgment in respect
thereof, and each party hereby irrevocably and unconditionally agrees that, to
the extent permitted by applicable law, all claims in respect of any such action
or proceeding may be heard and determined in such New York State court or, to
the extent permitted by applicable law, in such Federal court. Nothing in this
Note shall affect any right that the Lender may otherwise have to bring any
action or proceeding relating to this Note or the other Loan Documents against
the Borrower, or any of its property, in the courts of any jurisdiction.

The Borrower, and by accepting this Note, the Lender, hereby irrevocably and
unconditionally waives, to the fullest extent it may legally and effectively do
so, any objection that it may now or hereafter have to the laying of venue of
any suit, action or proceeding arising out of or relating to this Note or the
other Loan Documents in any court referred to in the preceding paragraph hereof.
The Borrower, and by accepting this Note, the Lender, hereby irrevocably waives,
to the fullest extent permitted by applicable law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such
court.

The Borrower, and by accepting this Note, the Lender, irrevocably consents to
service of process in the manner provided for notices herein. Nothing herein
will affect the right of the Borrower or Lender to serve process in any other
manner permitted by law.

The Borrower is personally obligated and fully liable for the amount due
under the Note. The Lender has the right to sue on the Note and obtain a
personal judgment against the Borrower for satisfaction of the amount due under
the Note either before or after a judicial foreclosure of any mortgage or deed
of trust under AS 09.45.170 – 09.45.220.

THE BORROWER, AND BY ACCEPTING THIS NOTE, THE LENDER, EACH HEREBY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL
BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF,
UNDER OR IN CONNECTION WITH THIS NOTE. THE BORROWER AND BY ACCEPTING THIS NOTE,
THE LENDER, EACH (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF THE
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR, TO ITS KNOWLEDGE, OTHERWISE, THAT
SUCH PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVER AND (B) ACKNOWLEDGES THAT THE OTHER PARTY HAS BEEN INDUCED TO EXECUTE OR
ACCEPT THIS NOTE AND ENTER INTO THE LOAN DOCUMENTS TO WHICH IT IS A PARTY BY,
AMONG OTHER THINGS, THE WAIVERS AND CERTIFICATIONS IN THIS PARAGRAPH.

[SIGNATURE PAGE FOLLOWS]

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GCI HOLDINGS, INC.

By:

Name:

Title:

SERIES 2 ADD-ON TERM LOAN NOTE

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SCHEDULE TO NOTE

Date	Type of Series 2 Add-on Term Loan	Amount of Series 2 Add-on Term Loan	Amount of principal converted, paid or prepaid	Interest Rate on Eurodollar Loans	Interest Period for Eurodollar Loans	Notation Made By

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