Audible and Nebraska Furniture Mart Announce $75 Rebates on Compatible Devices When Purchased with Audible.com Membership

Business Wire, May 6, 2004

Business Editors

WAYNE, N.J.--(BUSINESS WIRE)--May 6, 2004

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Audible, Inc.(R)(OTC BB: ADBL), the leading provider of digitally delivered spoken word audio, and Nebraska Furniture Mart, a Berkshire Hathaway company, today announced a multi-channel retail rebate program. Audible(R) and Nebraska Furniture Mart have teamed up to provide an instant rebate of $75 off the retail price of all AudibleReady(R) MP3 players and personal digital assistants. AudibleReady devices are capable of storing and playing back any of the 44,000 hours of audiobooks and other valuable audio titles available at www.audible.com.

Customers who sign up for a 12-month AudibleListener(R) flat-rate membership plan when they purchase an AudibleReady handheld device at Nebraska Furniture Mart retail locations or their Web site will receive a $75 rebate. AudibleReady MP3 players and personal digital assistants included in this promotion are the Apple(R) iPod(R) and iPod(R) mini, palmOne Zire(R), Tungsten(R) and Treo 600(R) Smartphone handhelds, Pocket PCs from Dell, Hewlett-Packard and Toshiba, and others. A list of all AudibleReady devices is located at www.audible.com/devices.

"An Audible membership for audiobooks and subscriptions is a smart way to lower the retail price of an MP3 player or PDA at Nebraska Furniture Mart," said Tom Peal, Computer and Camera Buyer, Nebraska Furniture Mart. "Nebraska Furniture Mart is pleased to offer Audible memberships to our customers interested in mobile devices, allowing them to make more of their device purchase."

"Audible has found that bundling membership to our audio service in return for a rebate on an AudibleReady device is an opportunity to bring real value to new listeners," said Matthew Fine, Senior Vice President, Enterprise Development, Audible, Inc. "To work with as esteemed a retailer as Nebraska Furniture Mart is proof of the compelling nature of this rebate promotion."

About Audible.com:

Audible.com, recently named the best consumer Web service by CNet.com, and one of the "Best of Today's Web" by PC World features daily audio editions of The Wall Street Journal, and The New York Times -- available on a subscription basis in time for the morning drive to work each day -- as well as Forbes, Harvard Business Review, Scientific American, and Fast Company. The site offers a powerful collection of audiobook best sellers and classics by authors such as Tom Clancy, Stephen King, John Grisham, Janet Evanovich, James Patterson, the Dalai Lama, David McCullough, Stephen Hawking, William Shakespeare, Emily Dickinson, and Jane Austen. There are also speeches, lectures, and on-demand radio programs including Marketplace, All Things Considered, Car Talk, Fresh Air, and This American Life, and original shows such as RobinWilliams@audible.com. All of the programs at audible.com are available for computer-based playback, burning to audio CD, and on-the-go listening using numerous AudibleReady(R) portable digital audio players offered by leading consumer electronics and computer manufacturers.

About Audible, Inc.:

Audible(R) (www.audible.com(R)) is the Internet's leading premium spoken audio source. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady(R) computer-based mobile devices. Audible has 44,000 hours of audio programs from more than 165 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers, and business information providers. Audible.com is Amazon.com's and the Apple iTunes Music Store's pre-eminent provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc. in the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business relationships are Apple Corp., Creative Labs, Gateway, Inc., Hewlett-Packard Company, Microsoft Corporation, palmOne, Inc., PhatNoise Inc., RealNetworks, Inc., Rio Audio, Roxio, Inc., Sony Electronics, Texas Instruments Inc., and VoiceAge Corp.

Audible, www.audible.com, Audible Otis, AudibleListener, and AudibleReady are registered trademarks of Audible, Inc. and all are part of the family of Audible, Inc. trademarks.

Other product or service names mentioned herein are the trademarks of their respective owners.

This press release contains information about Audible, Inc. that is not historical fact and may be deemed to contain forward-looking statements about the company. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, Audible's limited operating history, history of losses, uncertain market for its services, and its inability to license or produce compelling audio content and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings.