America Online Named One of 100 Best Companies for Working Mothers.

Business Editors/Hi-Tech Writers

DULLES, Va.--(BUSINESS WIRE)--Sept. 24, 2002

Company's Innovative Work-Life Programs and Commitment to Working

Parents and Their Children Cited on Magazine's Annual List

America Online, Inc, the world's largest interactive services company, was today named one of the 100 "Best Companies for Working Mothers" by Working Mother Magazine in its 17th annual list, which recognizes corporations that value the needs of the country's 26 million working mothers.

In compiling the "100 Best Companies for Working Mothers" list, the editors focused on how well companies provide their employees with particular benefits. Programs for women's advancement also assumed greater importance this year.

Working Mother Magazine specifically cited AOL's innovative approach to work-life programs such as on-site lactation rooms, expectant mother parking, well-baby incentive programs at all locations, and the state-of-the-art child care center at corporate headquarters. The Magazine's editors also noted AOL's upcoming plans to implement more diversity and mentoring programs for working women.

According to Working Mother Magazine, AOL is one of only seventeen companies making the magazine's annual list for the first time; one of only six media and advertising companies on the list; one of only five companies in the Commonwealth of Virginia named to the list; and, the only company cited in the survey that is truly representative of the online medium.

"I'm proud that AOL has been honored for designing and implementing programs that help working mothers balance work and family life. Not only did our innovative programs earn us recognition, but so did our ongoing commitment to the needs of AOL working parents and their children", said Jon Miller, Chairman and CEO, America Online, Inc. "With our state-of-the-art on-site child development center, flexible work environment, WellBaby Incentive Program, on-site Lamaze and health seminars, and expectant mother reserved parking among AOL's various offerings for working parents, it's clear that AOL continues to shine in the field of cutting-edge work-life programs that benefit employees."

"It's wonderful to see a company like America Online demonstrate a real commitment to the needs of its working families," said Carol Evans, CEO of Working Mother Media. "As a leader in the media and online industry with a significant presence in the Virginia community, AOL continues to lead the trend toward a more family-friendly corporate environment. This is a very positive message for the Virginia business community and for the industry in general."

The complete list appears in the October issue of Working Mother, on newsstands today, and at www.workingmother.com. A CNBC television special will spotlight some of the best of the "100 Best" in a primetime special program at 8PM EST this evening.

About America Online, Inc.

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

About Working Mother

Working Mother magazine, founded in 1979, reaches more than 3 million readers and is the only national magazine for career-committed mothers. Its 17-year signature "100 Best Companies for Working Mothers" serves as a benchmark for work/life practices in corporate America. The magazine is part of Working Mother Media (WMM), which also owns the National Association for Female Executives (NAFE), Executive Female, and the annual 100 Best Companies Work/Life Conference. In 2001, WMM established the 9/11 Working Mother Children's Fund to aid organizations assisting children of working mothers lost in the September 11th tragedy and launched a new initiative, Best Companies for Women of Color.