You will not receive new, post-reverse stock split shares or payment for your fractional shares until you submit your stock certificate(s), together with your properly completed and executed Exchange Form, to Time Warner’s transfer agent, Computershare. In addition, you will not receive any future quarterly dividends or other distributions by Time Warner until you submit your stock certificate(s), together with your properly completed and executed Exchange Form, to Computershare. You should not destroy any stock certificates and should not submit any stock certificates until requested to do so by Computershare. If you cannot locate your stock certificates for Time Warner common stock or the Exchange Form, you should contact Computershare at the information shown in the Contacts section under the Resources tab.