America Online Announces Enhancements to Radio@AOL.

Business Editors/High-Tech Writers

DULLES, Va.--(BUSINESS WIRE)--May 28, 2003

Latest Upgrade for AOL for Broadband Members Offers

New Community and Convenience Features and Enhanced Functionality

Use of Dolby Audio and AOL's Proprietary Ultravox Platform

Enhances Radio@AOL Sound Quality for Members

with Both Narrowband and Broadband Connections 

Infinity Broadcasting Deal Brings

Select Stations Online for the First Time

Following the successful launch of AOL(R) for Broadband 8.0 PLUS earlier this spring, America Online, Inc., the world's leading interactive services company, today introduced the latest enhancements to its popular Radio@AOL services. A newly launched version of Radio@AOL for Broadband offers listeners better sound quality, new features that promote convenience and sharing, as well as more programming. In addition, an enhanced version of Radio@AOL for members with a narrowband connection offers dramatically improved sound quality and faster, more reliable service.

"Since first introducing Radio@AOL for Broadband last fall, our online radio offerings have really taken off," said Jim Van Huysse, general manager of the AOL Radio@ Network. "Members have clearly responded to the benefits of an enhanced listening experience on Radio@AOL for Broadband, and the new version takes that experience to a whole new level."

Mr. Van Huysse continued, "We have extended the use of the Ultravox platform to Radio@AOL, to bring the best possible listening experience to members with a dial-up connection. As listening to online radio becomes more and more mainstream, we're very excited to make it easier and more enjoyable for members to tune in -- regardless of how they connect."

Better Listening Experience

One in three Americans has listened to online radio and monthly usage has tripled in the last three years (Arbitron/Edison, February 2003), and with the launch of Radio@AOL for Broadband last fall, use of AOL's radio service skyrocketed and member satisfaction rose to 82% from 57%. Enhancements that included CD-quality sound, minimal or no buffering and innovative programming led to the increase in the service's popularity.

Today's release of Radio@AOL for Broadband and Radio@AOL expand upon this increased consumer usage and interest, offering a further enhanced listening experience. AOL has collaborated with Dolby Laboratories to develop a custom build of the Dolby AAC (Advanced Audio Coding) technology for streaming audio. This new technology provides more reliable transmission and enhanced sound quality to members on a narrowband connection, as well as to AOL for Broadband members, who can now also listen to the CD-quality sound stream in stereo (see Dolby partner announcement also released today).

Members will benefit from Radio@AOL's migration to AOL's proprietary Ultravox streaming media platform, which was first introduced with Radio@AOL for Broadband. As a result, listeners with a dial-up connection can now enjoy stations that load twice as fast, while the transition time between their favorite songs is virtually eliminated.

New Features Increase Convenience and Community

The newest versions of Radio@AOL for Broadband and Radio@AOL also offer members new features that make listening even more enjoyable. Among the new features now available is the ability for listeners to set the player to "auto-launch" whenever they sign on. In addition, listeners will be able to access their presets from any computer and share their listening experience as they tune in by sending stations instantly via the AOL(R) Instant Messenger(TM) with one click from the Radio@AOL player.

More Popular Programming

The AOL Radio@ Network offers a wide variety of original and third party programming including popular and niche music genres, seasonal and celebrity stations and new partner offerings like the recent launch of National Public Radio. A new relationship with Infinity Broadcasting Corporation - announced with the recent roll-out of AOL for Broadband - will bring select Infinity station streams into the Radio@AOL service. This marks the first time that this Network's popular stations will be available to an online audience.

"The inclusion of the Infinity Broadcasting stations is a great benefit for our members," said Ron Nenni, director of programming for the AOL Radio@ Network. "The Infinity stations are influential in the world of terrestrial radio programming. Many of these stations transcend their markets and are recognizable to listeners across the country. We're thrilled to be able to offer these top market stations to our members first."

The AOL Radio@ Network leads the Internet radio market with the highest combined reach of any online radio service (ComScore/MediaMetrix). The AOL Radio@ Network encompasses AOL's first integrated radio, Radio@AOL, and Radio@AOL for Broadband, as well as Radio@Netscape, and Spinner. Designed to transform the conventional radio experience, these interactive services offer convenient 24/7 access to a vast selection of original and third party programming, contextual information and integrated commerce. The AOL Radio@ Network offers more than 175 best of breed music, news, sports, entertainment and seasonal stations including features from today's hottest stars and most respected names in broadcasting.

About AOL Entertainment

AOL Entertainment, a part of America Online, Inc., delivers a wide range of programming, products and services across the entertainment spectrum including games, movies, music, radio, sports, television, and ticketing. AOL Entertainment provides unique and compelling ways for the Internet's largest and most engaged audience to experience exclusive premieres, get the latest news and reviews, access their favorite celebrities and even behind-the-scenes, and interact with fans from around the world. AOL Entertainment provides programming to AOL's flagship service, Broadband service, and leading web properties. America Online, Inc. is a wholly owned subsidiary of AOL Time Warner Inc. (NYSE: AOL). Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services.

About America Online, Inc.

America Online, Inc. is a wholly owned subsidiary of AOL Time Warner Inc. (NYSE: AOL). Based in Dulles, Virginia, America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services.