Entertainment Editors

NEW YORK--(BUSINESS WIRE)--Feb. 17, 2004

America Online, Inc., the world's leading Interactive services company, today announced the launch of Infinity Broadcasting's KTWV-FM on AOL(R)'s top-ranked Radio@AOL and Radio@AOL for Broadband. KTWV-FM, also known as The Wave, joins New York's WCBS-FM (Oldies) and Chicago's WUSN-FM (Country) among the Infinity Broadcasting stations representing diverse formats that AOL offers its members on AOL and AOL for Broadband. Washington D.C.'s urban crossover station, WPGC-FM, and Chicago's rock station, WXRT-FM, are slated to launch on the service in the coming weeks.

The Wave pioneered the Smooth Jazz format when it launched in 1987. The award-winning radio station's rich, elegant blend of music mixes contemporary instrumental jazz with smooth vocals. Artists featured on The Wave include George Benson, Kenny G, Sade, Luther Vandross, Dave Koz, Phil Collins and many more.

AOL's built-in radio services - Radio@AOL and Radio@AOL for Broadband - are part of the AOL Radio@Network, which also includes Radio@Netscape for those on the web. The AOL Radio@Network is the #1 Internet Broadcaster, according to Arbitron Internet Broadcast Ratings. The AOL Radio@Network services are designed to transform the conventional radio experience, offering convenient 24/7 access to a vast selection of original and third-party programming, contextual information and integrated commerce. In addition to the Infinity Broadcasting station streams, the AOL Radio@Network currently offers 175 best-of-breed music, news, sports, entertainment and seasonal stations, as well as features from today's hottest stars and most respected names in broadcasting.

About America Online, Inc.

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

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