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Music Industry 31 October, 2005

Time Warner Inc. Statement on Steve Case's Resignation from its Board of Directors

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NEW YORK (By Edward Adler/ Time Warner INC) - Time Warner Inc. today issued the following statement on Steve Case's resignation from the company's Board of Directors.

Dick Parsons, Time Warner's Chairman and Chief Executive Officer, said: "On behalf of Time Warner's Board of Directors and senior management team, I thank Steve Case for his years of distinguished service to our company. We have great respect for his long record of achievement - as a co-founder of AOL to a valuable member of our board.
As Steve is one of our major individual shareholders, we'll look forward to his wise counsel as the company continues to move forward. He will be missed."

About Time Warner Inc.
Time Warner Inc. is a leading media and entertainment company, whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing.






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