Microsoft Declares Regular Quarterly Dividend on Preferred Shares

REDMOND, Wash. —
, Feb. 15, 1999 — Microsoft Corp. today announced it has declared a dividend of $0.549 per share on its 2.75 percent Convertible Exchangeable Principal-Protected Preferred Shares, Series A (Series A Preferred Shares) to holders of record on March 1, 1999. The dividend will be paid on March 15, 1999. In December 1996, Microsoft issued $1 billion of Series A Preferred Shares.

Founded in 1975, Microsoft (The Nasdaq Stock Market: common
) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day.

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