Time Warner Inc. to Donate $1M to Hurricane Sandy Relief Efforts

  Time Warner Inc. to Donate $1M to Hurricane Sandy Relief Efforts

                  Company Will Also Match Employee Donations

Business Wire

NEW YORK -- November 01, 2012

Time Warner Inc. and its divisions including HBO, Time Inc., Turner
Broadcasting System and Warner Bros. today announced a minimum commitment of
$1 million to aid in Hurricane Sandy relief efforts. The company will donate
$500,000 to the Mayor's Fund to Advance New York City with another $500,000 to
be dispersed to other organizations that are serving victims in the greater
Tri-State area.

Additionally, the company will match all U.S. employee donations to Sandy
relief efforts, up to a specified amount. The company is encouraging employees
to visit and support organizations including New York Cares, NYC Service, the
Long Island Volunteer Group and the New York Food Bank, where it will be
participating in a company-wide volunteer day in the coming weeks.

“New York City is our corporate home, the home to thousands of our employees,
and the location for so many of our film and television productions. We feel a
special kinship with all those who have been affected by this devastating
storm,” said Jeff Bewkes, Chairman and CEO, Time Warner Inc. “Time Warner and
its employees have always responded in selfless and generous ways to help
those in need and we hope that our contributions will help people to rebuild
and recover.”

Through its journalistic outlets at CNN and Time Inc., Time Warner is also
keeping its global audience informed of changes in the dynamic recovery
efforts including those related to transportation and relief. For example, CNN
has launched a website, “Impact Your World” providing up-to-date information
about ways to support the relief efforts.

About Time Warner Inc.

Time Warner Inc., a global leader in media and entertainment with businesses
in television networks, film and TV entertainment and publishing, uses its
industry-leading operating scale and brands to create, package and deliver
high-quality content worldwide through multiple distribution outlets.

Contact:

Time Warner Inc.
Keith Cocozza
212-484-7482
Keith.cocozza@timewarner.com
or
Mallory Zalkin
212-484-6511
Mallory.zalkin@timewarner.com
 
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