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Venetis exits Adelphia

6/11/2002 11:37:00 AM Eastern

The last Rigas-family member on Adelphia Communciations Corp.'s board of directors,
Peter Venetis, is gone.

Venetis is married to the daughter of ex-chairman John Rigas.

Venetis stayed behind when outside directors squeezed his in-laws out last
month, insisting that he had done nothing wrong at the scandal-plagued company.

Adelphia offered no explanation as to why he relented.

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