• If you are a registered Time Warner shareholder: If you would like additional information regarding the distribution of the Time Inc. shares, the cash payment in lieu of fractional shares, or how to exchange Time Warner stock certificates issued prior to March 27, 2009, please contact our transfer agent, Computershare, for instructions on how to exchange your stock certificate(s) for new Time Warner shares. Contact information for Computershare can be found in the Contacts section under the Resources tab. If you were otherwise entitled to receive a fractional share of Time Inc. common stock, a cash payment in lieu of the fractional share was mailed to you.
• If you are a beneficial Time Warner shareholder (in other words, if you hold your shares through a broker, bank or other nominee):Please direct any questions regarding the distribution or the cash payment in lieu of fractional shares to your broker, bank or other nominee.

See above regarding the treatment of fractional shares of Time Inc. common stock.