Ring In The New Year At The Yahoo! New Year's Eve Party Yahoo! Presents the First Week-long, Worldwide, Online Broadcast of 's New Year's Eve Party Santa Clara, CA & New York, NY -- December 23, 1996 -- Looking for a new way to celebrate New Year's Eve? Join Yahoo! and Times Square BID for the Yahoo! New Year's Eve Party -- the ultimate New Year's Eve spot on the Web. Yahoo!'s New Year's Eve Party features the Yahoo! Chat Party, Yahoo!'s New Year's Eve Message Boards, information about the Times Square celebration and live camera views of the party in Times Square -- including the world famous New Year's Eve Ball Drop. The Yahoo! New Year's Eve Party marks the first time that the New Year's festivities in Times Square will be broadcast worldwide for a week over the Internet. Things to do before New Year's Eve Starting on December 25, Web surfers will be able to reach the Yahoo! New Year's Eve Party site through main Yahoo! (www.yahoo.com) and throughout the network of Yahoo! properties, including the regional Yahoo! sites -- SF Bay Area (sfbay.yahoo.com), Los Angeles (la.yahoo.com), New York (ny.yahoo.com), Chicago (chi.yahoo.com) and Boston (boston.yahoo.com); and International Yahoo! sites -- Japan (www.yahoo.co.jp), UK & Ireland (www.yahoo.co.uk), Canada (www.yahoo.ca), Germany (www.yahoo.de), and France (www.yahoo.fr). Before New Year's Eve, users can check out the site for facts and figures about past, present and future Times Square New Year's Eve parties, details about the world-renowned Times Square Ball Drop (including engineering specs for the Ball itself), a schedule for the New Year's Eve festivities, and information on the "special guest" who will be initiating the Ball Drop for the countdown to the new year. Starting Christmas Day, frequently updated, still-camera views of Times Square will be produced by EarthCam (www.earthcam.com), using five cameras placed in restaurants and stores in Times Square. In addition, visitors to the site will be able to post their 1997 resolutions and share their ideal New Year's Eve plans on the Yahoo! New Year's Eve Message Boards. These will also be active starting December 25. New Year's Eve Happenings On December 31st, the Yahoo! Masquerade Chat Party will start up at 10:00 p.m. EST. Party-goers can enter the party as themselves or masquerade as an alternate identity for a New Year's Eve chat with visitors from around the globe. Chatters will be able to access the Yahoo! New Year's Eve Party site while in the Yahoo! Masquerade Chat Party through links available in the chat room. At 11:30 p.m. EST on December 31st, a live satellite feed of the Times Square Ball Drop will be broadcast by Graham Technology Solutions. Visitors to the Yahoo! New Year's Eve party will be able to watch the Ball Drop and count down to 1997 along with the thousands of people in Times Square. Yahoo! New York Special VIP Giveaway Available only on Yahoo! New York for folks who will already be in New York on New Year's Eve, Yahoo! will be offering a special VIP giveaway. Included in the prize will be dinner for two at a local restaurant, limo from Empire Limousine to and from the Times Square festivities and special passes for the VIP standing area in Times Square on New Year's Eve. Yahoo! New Year's Eve Party Partners & Sponsors EarthCam (EarthCam's new Internet Cameras and production services) RealTech (Technical support) Graham Technology Solutions (Broadcast technology for Ball Drop feed) Interport Communications (server support) Moet & Chandon (Masquerade Chat Party sponsor) (Camera sponsor) Renaissance Hotel (Camera sponsor) Singles On-line (New Year's Eve Message Board sponsor)

About Yahoo! Yahoo! Inc. (NASDAQ: YHOO), offers a globally-branded Internet navigational service to information and entertainment on the Web. As the first online guide to the Web, Yahoo! is one of the most visible and recognizable names associated with the Internet. Yahoo! provides a context-based directory structure for Internet resources, as well as integrated AltaVista Web-wide search capabilities. The Company is continuing to develop a global family of Yahoo!-branded media properties for targeted geographic areas (Yahoo! Japan, UK, France, Germany, Canada, San Francisco Bay Area, Los Angeles, New York, Chicago, Washington DC, Boston); interests (Yahoo! Internet Life magazine and website and MTV/Yahoo!'s online music guide); and demographic audiences (Yahooligans!, a Web guide for kids and a women's-oriented service with Women's Wire). Yahoo! can be found on the web at www.yahoo.com. Yahoo! Inc. headquarters are in Santa Clara, California.

### Press Contacts: Jennifer Hwang Yahoo! (408) 731-3362 [email protected]