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NETSCAPE.COM LAUNCHES "NETSCAPE'S OSCAR INSIDER" FOR COMPLETE, INTERACTIVE COVERAGE OF HOLLYWOOD'S TOP HONORS

Netscape's In-Depth Oscar Content From E! Online, Entertainment Weekly's EW.com, PEOPLE.com and InStyle.com Available At One-Stop Destination

Polls, Message Board and Streaming Media Make Moviegoers Part of the Action


MOUNTAIN VIEW, Calif. - March 13, 2001 - Netscape Communications, a subsidiary of AOL Time Warner Inc. (NYSE: AOL), today announced the launch of "Netscape's Oscar Insider," a one-stop resource for news, information and entertainment surrounding the 2001 Academy Awards available on Netscape.com. Featuring Netscape's cutting-edge interactive technology - including polls, a movie message board and streaming media - along with extensive Oscar-related content from various Time Inc. magazines and Web sites and E! Online, "Netscape's Oscar Insider" is one of the most comprehensive and fun online destinations covering Hollywood's biggest night.

With daily headlines from E! Online, PEOPLE.com, Entertainment Weekly's EW.com and InStyle.com - including direct links to their Web sites - "Netscape's Oscar Insider" covers the ins and outs of the Academy Awards, with behind-the-scenes news, exposés of Oscar winners past and present, the latest Tinsel Town gossip and the hottest Hollywood fashions. Netscape also provides information, insight and original commentary on each of this year's major Oscar contenders. The "Netscape's Oscar Essentials" section not only gives visitors access to photo galleries, fashion highlights, star biographies, but also enables users to print their own Oscar ballot that highlights their personal picks for the Academy Awards.

Jim Bankoff, President of Netscape, said, " 'Netscape's Oscar Insider' offers everyone from movie fans to Hollywood insiders one of the most complete opportunities to explore every facet of the Academy Awards and this year's favorite movies - all from one convenient destination. We are delighted to be partnering with various Time Inc. brands and E! Online to provide visitors with the most popular entertainment news, and our interactive features let visitors share this entertaining experience with their fellow Oscar enthusiasts."

Netscape technology lets visitors play an active role in "Netscape's Oscar Insider" with the "People's Choice" poll, which lets users vote for their favorite Oscar contenders and compare their picks with the rest of the online voting community. Moreover, in addition to giving visitors a front-row seat to the best streaming videos of movie trailers, interviews and favorite Oscar moments, "Netscape's Oscar Insider" also hosts a message board where fans can post and trade messages about their favorite stars, celebrity sightings, must-see movies and other Oscar topics.

About Netscape

Netscape Communications is a leading provider of tools, services and content wherever people go on the Internet. Netscape pioneered the development of world-class Web browsers, including Netscape 6, and offers a full range of convenient Web applications. Netscape.com is one of the most visited sites on the Internet with more than 38 million registered users, and Netscape Netbusiness ranks among the fastest-growing Internet destinations for small business owners. A subsidiary of AOL, 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 650-254-1900. Netscape and Netscape logo are registered trademarks of Netscape Communication Corporation in the United State and other Countries


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