TWX Time Warner Inc. New

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Share Name	Share Symbol	Market	Type
Time Warner Inc. New	AMEX:TWX	AMEX	Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%					0	-

Time Inc. Statement -- March 21, 2006

21/03/2006 6:24pm

PR Newswire (US)

Time Warner Inc. New (AMEX:TWX)
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NEW YORK, March 21 /PRNewswire-FirstCall/ -- Time Inc. has agreed to a settlement with 23 states. We have already adjusted some marketing and collection practices for clearer disclosure of automatic renewal subscriptions. Under the terms of the settlement Time Inc. will pay $4.5 million to cover investigative costs, to be divided by the 23 states, and we will also make a fund available to certain subscribers who respond to a claim form we will mail in June. Contacts: Dawn Bridges 212.522.2494 Ali Zelenko 212.522.1502 DATASOURCE: Time Inc. CONTACT: Dawn Bridges, +1-212-522-2494, or ; or Ali Zelenko, +1-212-522-1502,