Mark Pawlosky Joins MSN MoneyCentral as Editor in Chief

REDMOND, Wash., March 27, 2001 — Microsoft Corp. today announced the appointment of Mark Pawlosky as editor in chief of the Microsoft® MSN® MoneyCentral™
online personal finance service. In this role, Pawlosky will lead the respected MoneyCentral editorial staff, whose articles and columns discuss investing topics and other personal finance issues.

A familiar face to Microsoft, Pawlosky previously served as chief editor of MSN News and executive producer at Before joining Microsoft, Pawlosky worked as a reporter for several daily newspapers, including the Wall Street Journal. Most recently, Pawlosky worked for as vice president and editor in chief.

“Mark brings nearly 20 years of journalistic experience including significant online know-how to lead the MoneyCentral editorial team in delivering the best financial content to consumers,”
said Erik Jorgensen, general manager for MSN MoneyCentral.

One of the primary objectives of the MoneyCentral editorial staff is to provide unique insight on current market activities. With experts such as Jim Jubak, former editor at Worth magazine; Jon Markman, former executive news editor at the Los Angeles Times; and Jeff Schnepper, tax attorney and author of the best-selling book
“How to Pay Zero Taxes,”
the MoneyCentral editorial team offers a valuable perspective on today’s market trends and investing issues. Specifically, Jubak and Markman provide insight based on market analyses to help consumers make smarter investing decisions. Validea, the Web’s premier source for financial analyst and media ratings located at , recently recognized both experts’ columns — Markman’s Supermodels, and Jubak’s Journal — as two of the top 10 stock-picking columns based on their one-year performance measurement. This ranking was derived from the columnists’ hundreds of stock-picking recommendations since Jan. 1, 1999, which earned average rates of return of 57-percent and 42-percent respectively.

“Validea recognition of our columnists is proof of the team’s dedication to providing investors with the most valuable resources they need to make smarter financial decisions,”
Pawlosky said.

About MSN MoneyCentral

MSN MoneyCentral, located at , is a complete online personal finance resource delivering leading financial tools and information. The award-winning site offers consumers the ability to complete a wide range of everyday financial tasks, such as paying bills, viewing account balances, tracking investments and staying informed on the latest financial news, in one convenient place online – any time, any place. MSN MoneyCentral enables people at all levels of experience to take control of and feel comfortable with their finances, helping them make smart financial decisions. Leading industry publications, including Barron’s, Forbes Magazine, Money Magazine, PC Magazine and PC World Magazine, consistently applaud MoneyCentral for its comprehensive, easy-to-use collection of online finance tools and resources.

About MSN

MSN gives consumers a new home on the Internet – a central place where they can get everything they need from the Web and make the most of their time online. With more than
230 million visitors per month, the MSN integrated network of content and services is the most popular destination on the Internet. MSN is available in 33 markets and in 17 languages – a broader global presence than any other portal. MSN takes advantage of the Microsoft .NET platform to offer leading services, any time, any place and on any device, with an integrated and personalized user experience for communications, search, shopping, personal finance and entertainment. MSN Internet Access and the recently introduced MSN Explorer offer quick, personal and exciting ways to get on to and take advantage of the Web. Best-of-breed services include the MSN Hotmail® Web-based e-mail service, the world’s largest Web-based e-mail system; MSN Messenger Service, one of the fastest-growing instant messaging services on the Web; MSN Search; MSN Mobile, the customizable wireless information service; the award-winning MSN MoneyCentral online personal finance guide; MSN eShop, the one-stop online shopping resource; and MSN Custom Web Sites, the easy way to share information on the Web. MSN is located on the Web at .

About Microsoft

Founded in 1975, Microsoft (Nasdaq
) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

Microsoft, MSN, MoneyCentral and Hotmail are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft Web page at on Microsoft’s corporate information pages.

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