Yahoo! Teams With Latin Grammy®s To Bring Hottest Latin Acts To The World Yahoo! to be official online partner of the 2001 Latin GRAMMY® Awards; Yahoo! en español to be the Spanish-language online host at latingrammy.yahoo.com Miami, FL -- July 19, 2001 -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet communications, commerce and media company, today announced that it has joined forces with the Latin Academy of Recording Arts & Sciences (LARAS) to host the online experience for the 2nd Annual Latin GRAMMY® Awards. As part of the partnership, Yahoo! is hosting a special site (http://latingrammy.yahoo.com) to give fans an exclusive behind-the-scenes look at the event, which will air on CBS from Miami on September 11, 2001 at 9:00pm/EDT. The site kicks off with a series of video clips from this year's official GRAMMY nomination ceremony and contains the latest news on the music and entertainment surrounding the event. VIP Access Through Yahoo!'s extensive global network, music fans worldwide have VIP access to the 2001 Latin GRAMMY Awards, complete with nominee video clips, video clips of special moments at last year's Latin GRAMMY Awards Show, celebrity chats and exclusive highlights from LARAS' 2001 Person of the Year tribute honoring Julio Iglesias. All content provided on the special site is available in English, Spanish and Portuguese and is featured on five of Yahoo!'s global properties including, Yahoo!, Yahoo! en Español, Yahoo! Argentina, Yahoo! Brazil, Yahoo! Mexico and Yahoo! Spain. "Yahoo! has the largest and most engaged Internet audience in the world, and we are committed to continuously bringing fans a compelling online entertainment experience," said Jorge Consuegra, director of marketing, for Yahoo! en español. "Through our global network, fans on Yahoo! around the world will have front row seats to all the action of the Latin GRAMMY Awards." Yahoo! is serving up a host of features for the Awards, including: Sneak preview of the 2001 Latin GRAMMY nominees, along with select video clips from the nomination ceremony on http://latingrammy.yahoo.com Last year's Latin GRAMMY Awards Video Highlights. Sweepstakes on all the participating global properties to win two tickets to the 2nd Annual Latin GRAMMY Awards in Miami, FL. A chance to connect with the stars. Exclusive chats providing fans with the rare opportunity to chat live with some of the show's top musical acts. Exclusive highlights of the 2001 Latin Recording Academy's Person of the Year tribute to Julio Iglesias. Bidding on celebrity-donated and autographed items through Yahoo! Auctions. All proceeds from this charity auction will be contributed to Music Cares, the Latin Academy's health and wellness service organization. A complete list of all nominees in all categories. About LARAS The Latin Recording Academy is a membership-based business league comprised of recording artists, musicians, producers and other creative and technical recording professionals who are dedicated to improving the quality of life and cultural conditions for Latin music and its makers. In addition to producing the Latin GRAMMY Awards to honor excellence in the recording arts and sciences, the Latin Academy will provide educational and human services programs in Latin countries. About Yahoo! Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 200 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach. Yahoo! is the No. 1 Internet brand globally and reaches the largest audience worldwide. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!'s clients. These services include Corporate Yahoo!, a popular customized enterprise portal solution; audio and video streaming; store hosting and management; and Web site tools and services. The company's global Web network includes 24 World properties. Yahoo! has offices in Europe, Asia, Latin America, Australia, Canada and the United States, and is headquartered in Sunnyvale, Calif. # # #.