| | Time Warner: Time Inc. |
 | | With over 145 titles worldwide that lead in nearly all of the most popular consumer categories, Time Inc. is the leading magazine publisher in the U.S. and U.K. It is well positioned to continue to leverage its superior brands to deliver growth as well as to build and acquire attractive new businesses. |
 | | In the last year, about 70% of women in the U.K. read a magazine published by Time Inc.’s IPC Media unit, the largest consumer magazine company in the U.K. Time Inc. continues to account for nearly a quarter of the advertising revenue of all U.S. consumer magazines. |
 | | Essence, IPC Media, Time4 Media (a publisher of enthusiast magazines) and Synapse (a magazine subscription marketer) have contributed meaningfully to Time Inc.’s financial performance, underscoring the company’s ability to successfully add new businesses. |
| www.timewarner.com /corp/businesses/detail/time_inc/index.html (957 words) |