Time Warner Raises Cash Dividend by 11 Percent; Declares Regular Quarterly Cash Dividend

  Time Warner Raises Cash Dividend by 11 Percent; Declares Regular Quarterly
  Cash Dividend

Business Wire

NEW YORK -- February 6, 2013

Time Warner Inc. (NYSE: TWX) today announced that its Board of Directors has
approved an increase in the Company's regular quarterly cash dividend of 11
percent. On an annual basis, Time Warner's regular cash dividend on its Common
Stock will grow from $1.04  per share to $1.15 per share.

The Board of Directors declared a regular quarterly dividend of $0.2875  per
share of Common Stock, payable in cash on March 15, 2013 to stockholders of
record at the close of business on February 28, 2013.

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
Corporate Communications
or
Michael Kopelman 212-484-8920
Investor Relations
 
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