AOL’s Chairman and CEO Randy Falco and President and COO Ron Grant to Present at Merrill Lynch’s Media and Entertainment Conference

Time Warner Inc. (NYSE:TWX) today announced that AOL’s Chairman and CEO Randy Falco and President and COO Ron Grant will present at Merrill Lynch’s Media & Entertainment Conference on Monday, September 17, 2007 in Marina Del Rey, CA.

Mr. Falco’s and Mr. Grant’s presentations are expected to begin at approximately 7:00 pm ET. An audio Webcast will be available online at http://www.timewarner.com/investors.

To listen to the live Webcast, please go to the Web site at least 15 to 20 minutes prior to the start to register, as well as download and install any necessary software. Also, an archive of the Webcast will be posted on http://www.timewarner.com/investors.