Time Warner’s President & COO Jeff Bewkes to Participate in Sanford Bernstein’s Strategic Decisions Conference

NEW YORK – Time Warner Inc. (NYSE:TWX) today announced that its President & COO Jeff Bewkes will participate in Sanford Bernstein’s Strategic Decisions Conference on Thursday, May 31, 2007, in New York, NY.

Mr. Bewkes’ remarks are expected to begin at approximately 2:00 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.