Currently Adding Over 4,500 Members Per Month Via the Internet; Audio Book Club, Inc. Surpasses 340,000 Member Mark.

BOCA RATON, Fla.--(BUSINESS WIRE)--July 1, 1998--

- Company Continues To Expand Its Internet Presence With Three New Advertising Agreements -

AUDIO BOOK CLUB, INC. (AMEX: KLB), today announced it is currently adding over 4,500 new members per month via the Internet, up from just 300 in January. As a result, its total membership base has increased to over 340,000 members. The company further noted that since it began its aggressive Internet strategy, hits to its web site have increased from one million in January to over 11 million.

Commenting on the announcement, Norton Herrick, Chairman and CEO of Audio Book Club, Inc., stated, "The substantial growth in membership, especially via the Internet, is extremely encouraging. And, once again, the growth in members continues to validate the company's strategic business plan which focuses on growth through the Internet."

In continuing to concentrate on its Internet activities, the company also announced it has signed three new advertising agreements with various Internet sites. The agreements will continue to enhance the company's presence on the Internet and are designed to further expand its membership base.

Audio Book Club signed advertising agreements with [e-mail], a unit of USA.Net, Inc., a provider of free HTML-enabled e-mail with over 1 million subscribers; hitthebeach.com, which focuses on summer travel, beach music, summer listening and reading and the pleasures of the season; and freeride.com, a site dedicated to providing visitors with free stuff for visiting and buying from its sponsors.

"These advertising agreements are a continuing integral part of the company's strategy to become the leading provider of audiobooks via the Internet. We remain convinced that expanding our membership base and offering audiobooks via the Net is a key component of future revenue and earnings growth. We have already seen positive results from this strategy as evidenced by the increase in our total membership base to over 340,000," said Mr. Herrick.

Mr. Herrick concluded, "Audio Book Club continues to seek opportunities to further enhance and expand its Internet presence."

Audio Book Club, Inc. is a direct marketer of audiobooks through Audio Book Club and BooksAloud.com, membership clubs which market and sell audiobooks by mail order and the Internet. Since commencing operations in January 1994, the Company has engaged in an aggressive membership recruitment program to establish a core Audio Book Club member base of over 340,000 members and to continually expand its member base.

This release is covered under the "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain information included in this release that are not historical facts are forward looking statements that involve a number of known and unknown risks and uncertainties, including but not limited to, the Company's ability to successfully implement a strategy of continued growth and other risks detailed in the Company's registration Statement on Form SB-2 and other Securities and Exchange Commission filings. The Company's actual results, performance or achievements may differ materially from any future results performance or achievements expressed or implied in any forward looking statement.

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