Press Release

Audible Announces Compatibility With palmOne and Sony Handhelds For Apple Macintosh Users

Press Contact:
Jonathan Korzen
Audible, Inc.
(973) 837 2718
jkorzen@audible.com

Owners of Macs and palmOne Treo 600 Smartphones, Tungsten & Zire Handhelds, and Sony CLIÉ Handhelds Can Now Enjoy Audible.com's 40,000 Hours of Downloadable Audiobooks and More

SAN JOSE, Calif. February 10, 2004 — At the PalmSource Developer Conference today, Audible, Inc. (OTC BB: ADBL), announced the addition of new industry-leading handhelds to the universe of AudibleReady® devices compatible with the Audible.com® Internet audio service. Apple Macintosh computer users running OS X and iTunes 4 can now seamlessly download and listen to audiobooks, audio editions of newspapers, magazines and much more onto their audio-enabled handhelds from palmOne™ and Sony® running Palm OS® 5. Audible is the leading provider of digitally delivered spoken word audio.

Audible's audio service transforms audio-enabled palmOne Treo 600 Smartphones, Tungsten, Zire and Sony CLIÉ handhelds into go-anywhere audiobook playback devices, enabling busy professionals, students, and all those who desire to read when their eyes are busy but their minds are free. Users download and store Audible's audio titles to iTunes and then transfer audio to the handheld's internal memory or removable storage media via a software plug-in developed for this purpose by Audible.

"Audible's downloadable audio solutions are a testament to the platform innovation behind Palm OS," said Larry Berkin, director of developer marketing, PalmSource. "We believe bringing iTunes support to Palm OS is a real win for Mac users."

Each Mac user who is running OS X and iTunes 4 and who owns a supported Palm Powered™ handheld will be offered a free trial AudibleListener® membership, which gives users any two audiobooks from Audible's collection of 6,000 titles, or one audiobook and one 1-month subscription to any of the programs in Audible's unique Subscription Center (www.audible.com/subscriptions), the only Internet audio news kiosk for subscribing to audio editions of national newspapers, magazines, original shows and public radio programs.

"Audible is committed to providing an excellent audio listening experience on any and all platform and device combinations," said Guy Story, Chief Scientist, Audible, Inc. "The Audible Internet audio service has been embraced enthusiastically by Mac users in general. We have received continual requests from this community for Mac compatibility between our valuable and entertaining audio and Palm Powered devices. Today's news reflects Audible's commitment to our customers."

About Audible.com:
Audible.com, recently named the best consumer Web service by CNet.com (April 2003), and one of the "Best of Today's Web" by PC World (August 2002) features daily audio editions of The Wall Street Journal and The New York Times — available on a subscription basis in time for the morning drive to work each day-as well as Forbes, Harvard Business Review, Scientific American and Fast Company. The site offers a powerful collection of audiobook best sellers and classics by authors such as Tom Clancy, Stephen King, John Grisham, Mary Higgins Clark, James Patterson, the Dalai Lama, David McCullough, Stephen Hawking, William Shakespeare, Emily Dickinson and Jane Austen. There are also speeches, lectures, and on-demand radio programs including Marketplace, All Things Considered, Car Talk, Fresh Air and This American Life, and original shows such as RobinWilliams@audible.com. All of the programs at audible.com are available for computer-based playback, burning to audio CD, and on-the-go listening using numerous AudibleReady® portable digital audio players offered by leading consumer electronics and computer manufacturers.

About Audible, Inc.:
Audible® (www.audible.com®) is the Internet's leading premium spoken audio source. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady® computer-based mobile devices. Audible has 40,000 hours of audio programs from more than 135 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers and business information providers. Audible.com is Amazon.com's and the Apple iTunes Music Store's pre-eminent provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc. in the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business relationships are Apple Corp., Die Zeit, Gateway, Inc., Hewlett-Packard Company, Microsoft Corporation, palmOne, Inc., PhatNoise Inc., RealNetworks, Inc., Roxio, Inc., Sony Electronics, Texas Instruments Inc., and VoiceAge Corp.

Audible, www.audible.com, Audible Otis, AudibleListener, and AudibleReady are registered trademarks of Audible, Inc. and all are part of the family of Audible, Inc. trademarks. Palm, Palm OS and PalmSource are registered trademarks of, and Palm Powered and PalmOne are trademarks of, Palm Trademark Holding Company, LLC. Other brands may be trademarks of their respective owners.

Other product or service names mentioned herein are the trademarks of their respective owners.

This press release contains information about Audible, Inc. that is not historical fact and may be deemed to contain forward-looking statements about the company. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, Audible's limited operating history, history of losses, uncertain market for its services, and its inability to license or produce compelling audio content and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings.