Jessica Holscott Appointed Head of Investor Relations for Time Warner Inc.

Time Warner Inc. Chief Financial Officer Howard Averill today announced that Jessica Holscott, has been appointed to lead Time Warner's Investor Relations group and serve as the company's principal day-to-day contact with the investment community. Ms. Holscott joined Time Warner in March of this year to work closely with and ultimately succeed Mike Kopelman, who served as head of the IR group for the past three years. Mr. Kopelman is joining Home Box Office as Senior Vice President, Finance - Strategic Planning.

In making the announcement Mr. Averill said: "With nearly two decades of experience under her belt and extensive knowledge of financial operations, Jessica is the right person to lead our investor relations efforts. In her previous role at Delphi, Institutional Investor ranked Jessica and her group at Delphi as being the top Investor Relations officer and Investor Relations team respectively in their industry. And in the months since she has joined Time Warner, she has already become an integral part of the Company's corporate management team."

Regarding Mr. Kopelman, he added: "Mike has done a terrific job developing and executing the Company's investor relations efforts and has served as a partner in helping us chart the strategic course that has led to our industry leading operating and financial performance. We look forward to his continuing contributions in his new role at HBO, as he takes the next step in his impressive career at Time Warner."

At Delphi, where Ms. Holscott was Vice President of Investor Relations and Treasurer, she was responsible for communicating the company's strategy, growth prospects and financial performance to investors and analysts. Additionally in her role as Delphi's Treasurer, she was also responsible for optimizing Delphi's capital structure, maximizing liquidity and managing foreign exchange and commodity risk.

Before joining Delphi, Ms. Holscott spent 16 years at General Electric Company working her way up to Chief Financial Officer of GE Asset Management, where she led all financial operations for what is one of the largest managers of institutional assets in the world. During her time at GE, she also served as Senior Vice President and Chief Financial Officer for the NBC Universal TV Stations Division.

About Time Warner Inc. Time Warner Inc., a global leader in media and entertainment with businesses in television networks and film and TV entertainment, uses its industry-leading operating scale and brands to create, package and deliver high-quality content worldwide on a multi-platform basis.

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