Digital Audio Edition of The New Yorker Now Available from Audible; Audible Provides Exclusive Subscriptions to the Digital Audio Version of the Legendary Magazine at www.audible.com/newyorker

Business Wire, June 28, 2005

WAYNE, N.J. & NEW YORK -- Audible, Inc. (NASDAQ: ADBL, www.audible.com), the leader in spoken audio information and entertainment on the Internet, and The New Yorker magazine today announced an exclusive agreement that brings The New Yorker's award-winning reporting, commentary, criticism, and fiction into the world of downloadable digital audio.

Every Wednesday Audible exclusively delivers select articles from The Talk of the Town, Fiction, Critics, and other sections of the magazine to Audible's hundreds of thousands of digital audio listeners. Each article is read in its entirety and selected in collaboration with the editorial staff of The New Yorker.

In addition, Audible will become the exclusive digital audio provider of "The New Yorker Festival"-- an annual celebration of arts and ideas--which features an eclectic lineup of discussions, talks, and readings with some of today's most gifted and provocative writers, artists, filmmakers, musicians, and politicians.

"The New Yorker is not only one of our culture's richest sources of literature and profound discourse on issues of the day, it is a true American icon. We couldn't be more pleased to translate this thought-provoking content into the digital audio experience," said Beth Anderson, senior vice president and publisher of Audible, Inc. "And with our recent launch of RSS delivery, our listeners are now able to bring this extraordinary audio into their lives seamlessly."

"We are very excited to be working with Audible to bring millions of loyal readers a new way to experience The New Yorker," said Pamela Maffei McCarthy, Deputy Editor, The New Yorker. "And the partnership between the magazine and Audible will allow us to reach out to a new group of potential subscribers."

About The New Yorker

The New Yorker's blend of reporting, commentary, fiction, and cartoons has garnered 36 National Magazine Awards - more than any other publication. Founded in 1925, The New Yorker has a paid circulation of 1,018,962 and at 80.3 percent, the highest renewal rate in the industry. Edited by Pulitzer Prize winner David Remnick, the magazine just celebrated its 80th anniversary. Its companion website is www.newyorker.com.

About Audible Inc.:

Audible(R) (www.audible.com(R)) is the leader in spoken audio information and entertainment on the Internet. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady(R) computer-based mobile devices. Audible has more than 70,000 hours of audio programs from more than 224 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 preeminent 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., Hewlett-Packard Company, Microsoft Corporation, palmOne, Inc., XM Satellite Radio, PhatNoise Inc., Rio Audio, Creative Labs, Texas Instruments Inc., and VoiceAge Corporation.