N2K's Music Boulevard Named Exclusive AOL Europe Music Partner

April 22, 1998

DULLES, VA and NEW YORK, NY -- April 22, 1998 - AOL Europe, the European AOL Internet online services joint venture between America Online, Inc. [NYSE: AOL], the world's leading Internet online services company, and Bertelsmann AG, the third largest media company worldwide with close to 60,000 employees in more than 50 countries, and N2K Inc. (NASDAQ: NTKI), the leading online music entertainment company, today announced an agreement under which N2K's Music Boulevard will be the exclusive music partner for the AOL services offered in Europe. This deal further expands Music Boulevard's relationship with AOL; as announced in September 1997, N2K's Music Boulevard is the exclusive music retailer in AOL's MusicSpace and in applicable areas of AOL.COM, AOL's Website and the number one consumer site on the World Wide Web. In addition, N2K's Music Boulevard has been a partner of the AOL Japan service since June 1997. The agreement extends Music Boulevard's reach and will provide the complete range of Music Boulevard services to AOL users around the world. N2K's Music Boulevard, AOL keyword: MB (www.musicblvd.com), the online music superstore, will become the exclusive music retailer for the AOL Europe proprietary online service as well as Web-based services including the relevant home pages in the United Kingdom, Germany and France. Under the agreement, N2K and the AOL services in Europe will create co-branded versions of the local-language Music Boulevard online music superstore, which will be integrated into the local services and available to AOL members in Europe and Web users visiting the relevant home pages. For example, members of the AOL France service will have access to the French version of the co-branded store, and Web users in France can visit www.aol.fr. Terms of the agreement were not disclosed. "This agreement indicates that key commerce partners are beginning to recognize the value of the international Internet online marketplace. We are pleased to expand AOL's relationship with N2K's Music Boulevard into Europe," said Jack Davies, President, AOL International. "With its local distribution network, locally-generated music entertainment and music titles, N2K's Music Boulevard is clearly the best online music retailing choice for AOL Europe. One of our main goals is to make our members' activities in the online world easier and more convenient, and from working with N2K in the past we know that Music Boulevard makes buying music easier, faster, and more convenient than ever before." "This is a tremendous opportunity for N2K's Music Boulevard to continue our successful partnership with the world's dominant and premier online service," said Larry Rosen, Chairman and CEO, N2K Inc. "We are pleased to provide our complete turn-key music solution to AOL Europe's services and Websites, offering their customers the best in online music content, community and commerce. Our new European distribution hub will add 150,000 locally-released titles to our already available 200,000 titles, with significantly reduced delivery times for AOL Europe customers." Music Boulevard is the fastest growing music site on the Internet, according to the Media Metrix 1997 Web In Review, and was recently named the Best Online Music Retailer by USA Today in a reader's poll. Shoppers can browse for music by genre, or search by album name, artist or song title. Music Boulevard customers enjoy low prices, easy ordering through a secure online transaction system, quick delivery, online tracking of orders, gift certificates and gift shipping. Repeat shoppers earn credit toward free CDs with the Frequent Buyers Club. In February 1998 it was announced that AOL's European membership had passed the 1 million member mark, just over two years after the launch of its first European service. The first AOL service in Europe was launched in Germany in November 1995, and launches of AOL services in the United Kingdom and France quickly followed.

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