Netscape and the FORTUNE Group Announce Comprehensive Content Agreement For Netscape Netcenter.

FORTUNE's Premium Business Content to Be Integrated Throughout the Netscape

Netcenter Service

MOUNTAIN VIEW, Calif., and NEW YORK, May 11 /PRNewswire/ --

Netscape Communications, a leading Internet company and a subsidiary of America Online, Inc. (NYSE: AOL), and The FORTUNE Group, publisher of leading business publications FORTUNE, FSB: FORTUNE Small Business and eCompany Now and a subsidiary of Time-Warner (NYSE: TWX), today announced an extensive content agreement which will give users of the Netscape(R) Netcenter service direct access to a comprehensive selection of FORTUNE's business news, columns and features.

Under the terms of the agreement, FORTUNE will provide in-depth business information to Netcenter users by providing full and easy access to FORTUNE's top business news headlines and online features. As a premier business content partner, FORTUNE will be prominently featured on the Netcenter home page and on various Netcenter channels, including Business, Personal Finance, Career Center and Research & Learn.

Beginning today, visitors to Netcenter will be able access a number of daily columns and features from FORTUNE and FSB, including "Street Life," "Ask Annie," "Valley Talk," "Hot Ideas," "Money Manager," "Wired Investor," "Net Guys," "Answer Men" and "Balancing Act." Clicking onto any one of these features will take users to a co-branded site where they will be able to access a full range of FORTUNE's premium content. Over the course of the next few months, the scope of the agreement between FORTUNE and Netscape Communications will be expanded so that Netcenter users will have access to some of the most popular features, breaking news and lists offered by The FORTUNE Group's family of premier business magazines.

"Teaming with FORTUNE offers Netcenter users easy access to top business information from one of the world's most respected providers of business news and information," said Jim Martin, Netscape's Senior Vice President and General Manager of Netscape Netcenter. "FORTUNE's high-quality, award-winning content and Netcenter's extensive online resources provide the busy Netscape Netcenter user with an even more convenient and valuable online experience."

"Our relationship with Netscape allows us to substantially increase the online reach of the FORTUNE brand, while giving the 30 million registered users of Netcenter access to the unparalleled business content of FORTUNE, FSB and eCompany Now," said Jack Haire, president of The FORTUNE Group. "We are pleased to join up with Netscape Netcenter and provide its users with business resources to help them manage their professional and daily lives."

Netscape Netcenter service recently surpassed 30 million registered users worldwide, more than doubling its total from one year ago. Designed to help professionals better manage their business and personal lives online, it offers ease-of-use, enhanced daily news and business programming by integrating powerful tools and content into one convenient, personalized interface for use at both home and work. According to the December, 1999 Media Metrix report, Netcenter is the fourth most visited Web site at-work, ahead of Geocities, Lycos, Excite, AltaVista and GO.com.

This announcement builds on a series of agreements made since the January 10 merger agreement announcement between America Online, Inc. and Time Warner. Last month Time Warner's CNN Interactive became the premier news partner for Netcenter giving Netscape Netcenter users access to CNN.com's top headlines and CNN's pre-eminent online news services.

About Netscape

Netscape is a leading provider of software and services for businesses that want to transform the way they create and keep customers in the emerging Net Economy. A division of America Online, Inc., Netscape is based in Mountain View, California. Additional information on Netscape is available on the Internet at http://home.netscape.com , by sending email to info@netscape.com , or by calling corporate sales at 650-937-2555.

About The FORTUNE Group

The FORTUNE Group, comprised of top tier business publications including the namesake FORTUNE magazine, FSB: FORTUNE Small Business, and the recently launched eCompany Now, is known for its unrivaled access to industry leaders and decisionmakers. FORTUNE, with a circulation of 810,000, and a worldwide readership of more than six million, reaches a wide and influential audience every two weeks. FORTUNE.com, which averages 7.5 million page views per month, keeps visitors ahead of the business curve by providing up-to-the-minute information and analysis of the people and trends driving business innovation.