AOL Time Warner and Microsoft Hold Press Conference

What: AOL Time Warner and Microsoft Corp. agree to collaborate on digital media and digital rights management initiatives and settle pending litigation.

Who: Bill Gates, Microsoft chairman and chief software architect; and Dick Parsons, AOL Time Warner chairman and chief executive officer

When: Thursday, May 29, 2003

News conference will begin at 2:15 p.m. PDT/5:15 p.m. EDT

Transcript : Click here for a transcript of the press conference, prepared by Microsoft

News Conference Call-In Information

United States:
(888) 970-4198
Pass code: Microsoft

International:
(312) 470-0162
Pass code: Microsoft

Reporters and editors should check http://www.microsoft.com/presspass/ for frequent updates from Microsoft.

Audio Replay Information

An audio replay of the news conference will be available approximately one hour after the call has ended until 11:59 p.m. PDT/2:59 a.m. EDT, Friday, June 6, 2003.

Replay call-in numbers:

United States (888) 473-0147

International (402) 998-1359

(No pass code is required for either of the replay numbers.)

For more information, media only:

For Microsoft:

Rapid Response Team, Waggener Edstrom, (503) 443-7070, rrt@wagged.com

For AOL Time Warner:

AOL Time Warner Corporate Communications

Ed Adler, (212) 484-6630

Kathy McKiernan, (212) 484-7454

Mia Carbonell, (212) 484-6684

For more information, broadcast media only:

Media Relations (domestic), Medialink, Derik Bazemore, (212) 812-7042, dbazemore@medialink.com

Media Relations (international), Global Communications & Television, (212) 339-9920, mediarelations@gctv.com

For more information, financial analysts only:

Krishnan Srinivasan, senior director, Microsoft Investor Relations, (425) 706-3703

John Martin, vice president, AOL Time Warner Investor Relations, (212) 484-6579

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. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.asp .

If you are interested in additional information on AOL Time Warner, please visit the AOL Time Warner corporate Web site at http://www.aoltimewarner.com/ .

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