CNBC on MSN Money Expands Award-Winning Editorial Content With Addition of Forbes Content, Leading Financial Columnists

REDMOND, Wash., June 12, 2002 — Microsoft Corp. today announced that CNBC on MSN®
Money has expanded its leading editorial content through a new agreement with Forbes.com and the addition of two renowned personal finance columnists. The award-winning site, available at http://money.msn.com/, now offers consumers convenient access to even more insider viewpoints on a broad array of financial topics — from tips on managing everyday budgets to insight on how the changing economy is affecting investments — designed to help consumers make smarter, more informed financial decisions.

As a result of the agreement, new Forbes content will be featured on CNBC on MSN Money, providing consumers with yet another valuable resource for financial news and insight in one place on the Web. In addition, two leading finance experts now provide their financial insights and commentary, adding to the site’s impressive collection of top-rated journalists:

  • Nationally known personal finance columnist Liz Pulliam Weston now offers her perspective on investing, estate planning, taxes, credit and insurance. Before becoming a contributor to MSN Money, Weston was a reporter and columnist for the Los Angeles Times.

  • William Fleckenstein, president of Fleckenstein Capital and veteran investments columnist, provides consumers with a wealth of strategic and tactical guidance about stocks and commodities.

“We continue to build on our highly regarded editorial team to provide consumers with the most useful, objective resource for breaking market news and expert insight,” said Mark Pawlosky, editor in chief for CNBC on MSN Money. “As a result of CNBC on MSN Money’s extensive editorial resources and acclaimed journalists, consumers only need to visit one place on the Web to review and research the news affecting their finances.”

CNBC on MSN Money Editor Receives Top Honors

In addition to the editorial expansion, Jon Markman, managing editor and columnist for CNBC on MSN Money, recently received several journalism industry accolades in recognition of his work on the site during the past year. The Society of Professional Journalists (SPJ) honored Markman with a Sigma Delta Chi Award, one of the most coveted awards in journalism, for best Non-Deadline Reporting for his column detailing the underpinnings of the Enron scandal. In addition, the Washington state chapter of the SPJ honored Markman for best Web Site Business Reporting for his column “What Happens When the Markets Reopen?” about handling investments in the week immediately following the Sept. 11 terror attacks. Markman joins reporters from the Los Angeles Times, NBC, Newsweek, NPR and The Washington Post, among others, in being honored by the SPJ for their journalism contributions over the past year.

About CNBC on MSN Money

CNBC on MSN Money, located exclusively on MSN, is a complete online personal finance service that combines award-winning finance tools and content from Microsoft, the worldwide leader in software, with exclusive investment news and analysis from CNBC, the world’s most popular financial cable news network. CNBC on MSN Money empowers consumers to easily complete a wide range of everyday financial tasks, such as paying bills, viewing account balances, tracking investments, planning for retirement and staying informed on the latest financial news — in one convenient place online, any time, any place.

CNBC on MSN Money 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 the sophisticated personal finance tools and information from Microsoft. The service is available at http://www.cnbc.com/ or http://money.msn.com/, or by visiting MSN.

About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) 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 and MSN 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 http://www.microsoft.com/presspass/ on Microsoft’s corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. Journalists and analysts may contact Microsoft’s Rapid Response Team for additional assistance.

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