KaZaA Delivers `New Look' Media Desktop Software and Unveils Fresh New Website; Media Desktop v1.6 Combines Presentation With Performance

Business Wire, April 4, 2002

Business Editors & High-Tech Writers

LOS ANGELES--(BUSINESS WIRE)--April 4, 2002

Sharman Networks Limited today delivered its most powerful consumer message so far with the release of the latest version of the KaZaA Media Desktop software (KMD) and the unveiling of its dramatically updated, all answers, Web site, www.kazaa.com.

Available immediately at the popular Web site, kazaa.com, the KMD v1.6 boasts a step forward in presentation and usability, featuring:

-- A polished new Interface inspired by the latest Windows applications adds a
slick new look and feel to the KaZaA experience.

-- Significantly upgraded recommendations feature in the `My KaZaA' view is
even more effective and efficient. This feature, first released in v1.5, lets
users obtain suggestions from other KaZaA users based on their preferences.

-- New password function within KMD filter allows users to configure their KMD
for their own family situation. Parents can now add passwords to the KMD
filters to keep search results safe for all family members.

-- The new www.kazaa.com website steps forward to present the bold brand image
of KaZaA and communicates to its users about everything there is to know about
the No. 1 p2p application.

"This great new release continues our commitment to deliver KMD users the best p2p experience while setting a new benchmark for Privacy policy and transparency," Sharman Networks CEO Nikki Hemming said. "We're thrilled that the KaZaA Media Desktop is currently the No. 1 download from CNet's download.com, with double the number of downloads of the No. 2 application. We want to maintain this leadership by delivering better and better functionality to the millions of users who download our software."

About KaZaA

KaZaA distributes the popular KaZaA Media Desktop software, the leading peer-to-peer file transfer application that allows users to search, download, organize and interact with a variety of files. Owned and operated by privately held Sharman Networks Limited, KaZaA provides distributed computing software applications that are pioneering the digital revolution.

About Sharman Networks Limited

Sharman Networks Limited is a consortium of private investors with multimedia interests. Founded to pursue opportunities relating to new Internet-based technologies, Sharman owns and operates kazaa.com and distributes the popular KaZaA Media Desktop software. Sharman is a worldwide operation, based in Australia, with offices in Europe.