X0201 42003-11-100 0001057758 TIME WARNER TELECOM INC TWTC 0001184607 RAYNER DAVID 10475 PARK MEADOWS DRIVE LITTLETON CO 80124 0100SVP and CFONon-Qualified Stock Option (right to buy)10.162003-11-104A08000010.16A2004-11-102010-11-10Class A Common Stock8000080000DAt the end of the first year, 25% of total options become exercisable. In years two, three and four, 6.25% of the total options become exercisable each quarter./s/ David Rayner2003-11-11