SUNNYVALE, Calif., and REDMOND, Wash. – Oct. 12, 2005

What:

Yahoo! Inc. and Microsoft Corp. announce a significant global communications agreement for customers.

Who:

Dan Rosensweig, chief operating officer, Yahoo!

Blake Irving, corporate vice president of the MSN Communication Services and Member Platform group at Microsoft

Brad Garlinghouse, vice president of Communications Products at Yahoo!

When:

Wednesday, Oct. 12, 2005

Teleconference begins at 8 a.m. PDT

Teleconference Information:

U.S. call-in number: (800) 399-0132

International call-in number: +1 (706) 758-0865

When prompted, participants need to ask for the Microsoft and Yahoo! teleconference to gain access to the call. Members of the press can visit http://pressroom.yahoo.com or http://www.microsoft.com/presspass for forthcoming press material.

Teleconference Replay:

U.S. call-in number: (800) 642-1687

International call-in number: +1 (706) 645-9291

Conference ID: 9953556

Effective: Oct. 12, 2005, 10 a.m. PDT

Microsoft is a registered trademark of Microsoft Corp. in the United States and/or other countries.

Yahoo!, the Yahoo! logo and are trademarks and/or registered trademarks of Yahoo! Inc.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Note to editors: If you are interested in viewing additional information on Microsoft, please visit the Microsoft^® Web page at http://www.microsoft.com/presspass on Microsoft’s corporate information pages. Web links, telephone numbers and titles were correct at time of publication, but may since have changed. For additional assistance, journalists and analysts may contact Microsoft’s Rapid Response Team or other appropriate contacts listed at http://www.microsoft.com/presspass/contactpr.mspx.