C-SPAN And Audible Join Forces in Digital Audio Distribution Agreement.

Business & High-Tech Editors

PC Expo 2000

Booth no.3872

WASHINGTON and WAYNE, N.J.--(BUSINESS WIRE)--June 27, 2000

Extending Reach Beyond Television and PCs, C-SPAN Audio to be

Available at www.audible.com(TM) for Mobile Listening on

AudibleReady(TM) Digital Audio Players

C-SPAN and Audible, Inc. (NASDAQ:ADBL) today announced a content distribution agreement in which C-SPAN programming will be available in audio format at www.audible.com in early July 2000. Audible.com is the leading provider of Internet-delivered spoken audio for PC-based listening or mobile playback on AudibleReady portable digital audio players. C-SPAN, the political network of record, provides access to public affairs programming via cable, satellite and the Internet. In addition to the content distribution agreement, Audible and C-SPAN will work together to market this initiative.

Among the C-SPAN programs the companies expect to make available are Booknotes, Washington Journal, American Perspectives, America and the Courts, Road to the White House and C-SPAN2's Book TV.

Listeners who are interested in accessing C-SPAN audio at audible.com will be able to log on to the site (www.audible.com), download the free desktop software and select audio titles. Each title can be downloaded to the listener's PC in its entirety or streamed for immediate listening. After a title has been downloaded, it may be transferred to an AudibleReady digital audio player for on-the-go listening.

"This partnership with Audible allows C-SPAN to increase our audience by utilizing new technology and new products. With an election year, national political campaigns and platform hearings, C-SPAN's programming will be a major source for extensive political campaign coverage," said Robert Kennedy, Executive Vice President, C-SPAN.

"Audible welcomes C-SPAN as an audio content provider," said John Barth, Senior Director of Original Programming at Audible, Inc. "We believe that the Audible Internet audio service will act as a vehicle for expanding the reach of C-SPAN audio."

"Listeners can now download or stream C-SPAN's comprehensive public affairs programming at audible.com and choose among a variety of codecs, or audio file formats, that enable the listener to weigh the advantages of high audio quality and small file size," added Mr. Barth.

About Audible, Inc.

Audible is the Internet's largest, most diverse provider of premium spoken audio services for content download or playback on personal computers or AudibleReady(TM) mobile devices. Audible allows customers to take advantage of their commuting, travel and desktop computer time by delivering premium entertainment and information audio while their eyes are busy but their minds are free. Audible's content partners include leading audiobook publishers, broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions. Visitors to www.audible.com(TM) can browse, sample, purchase and subscribe to more than 22,000 hours of audio programs. Audible.com is Amazon.com's exclusive provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc., to pioneer the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the company's key business partners are Casio Inc., Compaq Computer Corporation, S3 Incorporated's Rio Audio Group, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Inc., Texas Instruments and VoiceAge Corp.

AudibleReady and www.audible.com are trademarks of Audible, Inc.

About C-SPAN

C-SPAN offers commercial-free, round-the-clock coverage of public affairs via cable and satellite and the Internet. Created in l979 by the cable television industry as a public service to the nation, the network is currently available in 77 million cable and satellite homes nationwide. This year, C-SPAN offers extensive coverage of its fifth presidential election, including gavel-to-gavel telecasts of the Republican, Democratic, Reform, Libertarian, and Green Party conventions. Since 1989, C-SPAN has been a leader in coverage of non-fiction books and authors. Booknotes, its one-hour author-interview program features 52 new non-fiction books every year. C-SPAN2's Book TV carries original book programming including literary events with authors, editors, and publishing industry representatives.

This press release contains information that is not historical fact and may be deemed to contain forward-looking statements. 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.