AOL Latin America Launches Upgraded Wireless E-mail in Brazil, Mexico and Argentina.

Business Editors/Hi-Tech Writers

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Feb. 14, 2002

AOL WAP Mail 1.1 Offers Greater Integration With AOL's PC-based

E-Mail, Providing Mobile Access to the AOL Address Book,

"Fast Messages," and Sort and Search Features

America Online Latin America, Inc. (NASDAQ:AOLA) one of the leading interactive service providers in Latin America, today announced upgraded wireless e-mail for the AOL service for Internet-ready mobile phones in Brazil, Mexico and Argentina. AOL WAP Mail 1.1 provides AOL members with greater integration between their wireless e-mail and AOL Mail on their PCs.

AOL WAP Mail 1.1 offers mobile users a new interface that provides greater ease of use and convenience. AOL members using AOL WAP Mail 1.1 can access their AOL Address Books through their mobile phones, take advantage of new "Fast Messaging" capabilities that utilize pre-written mail messages created on the PC, and enjoy Sort and Search features similar to those offered on AOL Mail over the PC. This new mail offering advances AOL Latin America's AOL Anywhere strategy, which aims to extend the benefits of AOL to members over interactive platforms beyond the PC.

Eduardo Hauser, Vice President of AOL Services for AOL Latin America, said: "AOL WAP Mail version 1.1 offers our members in Brazil, Mexico, and Argentina greater ease of use and convenience, providing features that combine the power of the AOL interactive experience with the ability to communicate when they are on the go. This upgrade will make AOL's wireless offerings even more valuable to our members. As more Latin American's discover the online medium, we remain committed to providing the best possible interactive experience on a variety of platforms."

With AOL WAP Mail 1.1, AOL members in Latin America will enjoy an array of new features, including:

-- AOL Address Book: AOL members can now access over their Internet-ready
phones the same AOL Address Books they have on their PCs. With AOL WAP Mail
1.1, members can also edit and update their Address Books through their mobile
phones.

-- Fast Messages: Members can store and use Fast Messages. The Fast Message
feature allows users to type messages and information while they are on their
PCs, then save the text in groups for later use over their Internet-ready
phones. This feature gives WAP mail users the ability to create e-mails by
combining pre-written fast messages -- without having to type extensive amounts
of text into their telephone keypads.


-- Sort and Search: AOL WAP Mail 1.1 also allows users to sort new, old and
sent mail by date, sender and subject, similar to the mail capabilities on the
AOL software for PCs. In addition, the new WAP mail offering includes a search
function that helps users find messages in their mailboxes.

AOL Latin America has launched the AOL service for Internet-ready phones in the region's three largest Internet markets, establishing wireless portals in Brazil (WAP URL: www.aolmovel.com.br), Mexico (WAP URL: www.aolmovil.com.mx) and Argentina (WAP URL: wap.aol.com.ar). AOL Latin America's wireless portals offer news, access to online banking, financial tools and stock quotes, sports and entertainment content.

About AOL Latin America

America Online Latin America, Inc. (NASDAQ:AOLA) is the exclusive provider of AOL-branded services in Latin America and has quickly become one of the leading Internet and interactive services providers in the region. AOL Latin America launched its first service, America Online Brazil, in November 1999, and began as a joint venture of America Online, Inc., a wholly owned subsidiary of AOL Time Warner Inc. (NYSE:AOL), and the Cisneros Group of Companies. Banco Itau, a leading Brazilian bank, is also a minority stockholder of AOL Latin America. The Company combines the technology, brand name, infrastructure and relationships of AOL, the world's leader in branded interactive services, with the relationships, regional experience and extensive media assets of the Cisneros Group of Companies, one of the leading media groups in the Americas. The Company currently operates services in Brazil, Mexico and Argentina and serves (from the U.S.) members of the AOL-branded service in Puerto Rico. It also operates a regional portal accessible at www.aola.com. AOL's 33 million members worldwide can access content and offerings from AOL Latin America through the International Channels on their local AOL services.