Audible Offers Free Audiobook Downloads Through Microsoft Windows Media Player 10; Free Audiobook Samples, Two Free Audiobooks for New Listeners Using Windows Media Player 10

Business Wire, Oct 12, 2004

WAYNE, N.J. -- Audible, Inc. (NASDAQ: ADBL), the provider of digitally delivered spoken word audio, today announced it has teamed up with Microsoft to provide Windows Media Player 10 users with easy access to more than 55,000 hours of entertaining and engaging digital audio programs available for download and transfer to Windows Mobile-based Pocket PCs. Audible expects to achieve compatibility with other portable devices in the near future. As part of the launch in Windows Media Player 10, Audible is offering free streams of best-selling audiobooks as well as a free month of the AudibleListener(R) membership to users of Windows Media Player 10.

"Customers come to audible.com for high-quality spoken word audio that transforms time spent driving, exercising, and commuting into productive time," said Greg Hohman, Director of Partnership Marketing at Audible, Inc. "By working with Microsoft, we are able to introduce millions of Windows Media Player 10 users to our service and offer two free audio programs as part of a one-month trial membership."

"Incorporating more than 55,000 hours of best-selling content from Audible, the leading provider of digitally delivered spoken audio, into Windows Media Player 10's services offering is a unique value-add for the millions of Windows XP users who are already experiencing the benefits of our latest media player," said Chad Hodge, group program manager in the Windows Digital Media Division at Microsoft Corp. "With Windows Media Player 10, consumers will be able to conveniently and easily extend their experience with audible.com from their Windows XP-based PC to Pocket PC or Smartphone devices."

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 55,000 hours of audio programs from more than 175 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., Bertelsmann AG, Creative Labs, holtzbrinck networXs, Hewlett-Packard Company, Microsoft Corp., palmOne, Inc., PhatNoise Inc., RealNetworks, Inc., Rio Audio, Roxio, Inc., Sony Electronics, Texas Instruments Inc., and VoiceAge Corporation.

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

All product and company names herein may be 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.