Audible, Inc. to Discuss Growth Strategies At Second Annual Goldman Sachs Internet New Media and e-Commerce Conference.

Business Editors/Interactive & Multimedia Writers

WAYNE, N.J.--(BUSINESS WIRE)--April 3, 2001

Audible, Inc. (NASDAQ: ADBL), the leading provider of Internet-delivered spoken audio (www.audible.com) for computer-based listening or mobile playback on AudibleReady(TM) PC-based portable digital audio players, announced today that Donald Katz, founder and chairman, and Andrew Kaplan, executive vice president and chief financial officer, will outline the Company's growth strategies and opportunities with leading new media and e-commerce portfolio managers and investment analysts at the Second Annual Goldman Sachs Internet New Media and e-Commerce Conference in Las Vegas on Tuesday, April 3, 2001.

The presentation will focus on the company's continued success in increasing its customer count, branding the Audible name, expanding its extensive content selection, and introducing wireless delivery of Audible's premium spoken audio programming to Pocket PCs for corporate and enterprise applications, which was demonstrated at last month's CTIA Wireless 2001 convention and exposition.

"Presenting at such a prestigious conference with other industry leaders further reinforces Audible's standing as one of the top innovators in delivering digital audio content to consumers and businesses by means of PC-based mobile and wireless devices," commented Donald Katz. "We look forward to presenting the Audible story to professionals looking to identify investment opportunities in companies that have business plans that can generate substantial growth in current economic conditions."

About Audible, Inc.:

Audible(R) (www.audible.com(R)) is the Internet's largest, most diverse provider of premium spoken audio services for content download or playback on personal computers or AudibleReady(TM) PC-based mobile devices. Audible has more than 28,000 hours of audio programs and 160 content partners that include leading audiobook publishers, broadcasters, magazine and newspaper publishers and business information providers. Audible.com is Amazon.com's (www.amazon.com) exclusive provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc., to pioneer the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business partners are Casio Inc., Compaq Computer Corporation, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Inc., SONICblue Incorporated's Rio Audio Group, Texas Instruments and VoiceAge Corp.

Audible and www.audible.com are registered trademarks of Audible, Inc.; AudibleReady is a trademark of Audible, Inc. and are all part of the family of Audible, Inc. trademarks.

This press release contains information about Audible, Inc. that is not historical fact and may be deemed to contain forward-looking statements about the company. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, Audible's limited operating history, history of losses, uncertain market for its services, and its inability to license or produce compelling audio content and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings.