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We value our employees and provide competitive medical employee benefits programs to support their well-being. Our Total Rewards program includes dental, 401(k) savings, flexible spending accounts for healthcare and dependent care, transportation re-imbursement accounts, disability management, pension (in some divisions) and life-insurance offerings. We evaluate the company’s benefits and compensation practices on an ongoing basis to make sure that we are rewarding our employees fairly for their efforts.

Health Benefits
All full-time employees select healthcare from the same menu of options and quality service is given to all employees. We also offer specialized programs to employees. For example, in 2007 we developed an initiative to assist the loved ones of Time Warner employees who pass-away while employed by the company. Loved ones are offered third-party assistance to help sort through financial and legal matters that may arise. We also introduced a healthcare service for employees and their families who are faced with a serious or chronic medical condition. With just a phone call, employees gain access to third-party medical experts that provide current, comprehensive, and objective information on over 50 different medical conditions to enable individuals to be more knowledgeable in making medical decisions.

Dependent Care – A Broader Lens
We understand that employees have a range of responsibilities outside of the workplace. Our employee assistance programs, therefore, take an inclusive approach in defining an employee’s “dependent” as someone who relies on the employee for financial or emotional well-being, even if this person is not a member of the employee’s immediate family. We provide support for employees when they need to care for any loved one. As part of this inclusive approach, we extend our core benefits offerings to domestic partners, allow employees to purchase long term care insurance for their parents through our company plan, and provide additional paid time off and a stipend of up to $5,000 to cover child adoption expenses.

Wellness Programs
Time Warner invests in services and education to keep our employees healthy. All Time Warner busi- nesses offer maternity support through access to personal obstetrics nurses (in some locations the nurse assigned to an employee may check in with the new mother at the hospital to confirm that she has the information she needs, employee assistance, and mental health programs. Additionally, some of our businesses offer cash reimbursement for wellness activities, onsite fitness centers, and onsite health services. We also provide information to our employees about health and wellness through seminars, screenings, and awareness campaigns.

Childcare Options
Some divisions of Time Warner provide onsite childcare, and a back-up care center is provided in New York City for employees’ use when their regular childcare is unavailable. In addition, all employees can participate in an assistance program that offers referral services for finding day care options and nannies. Divisions also have programs in place to support new parents. For example, AOL has a Well Baby program open to new parents that is available prior to conception through delivery. AOL also partners with Fatherhood Initiatives, a nonprofit organization that helps engage fathers in raising their children.

Flexible Work Arrangements
At some of our divisions, employees partner with their managers to develop flexible work arrangement schedules. The purpose of these schedules is to enable employees increased flexibility in how, when, and where they get their work done and to increase employee satisfaction and decrease unwanted turnover.

AWARDS

Turner and Time Inc.
In 2007 and 2008, these Time Warner divisions ranked in the Top 100 List of Adoption Friendly Workplaces, Dave Thomas Foundation for Adoption

Turner
• In 2006 and 2007, Turner was listed as one of the 100 Best Companies for Working Mothers by Working Mother magazine.

• In 2007, Turner ranked in the top five in the Women in Cable Telecommunications (WICT) Foundation PAR Initiative Survey in the following categories: Best Programmers for Women in Cable, Best Companies for Women in Cable – Pay Equity, Advancement Opportunities, and Resources for Work/Life Support.

• In 2006 and 2007, Turner ranked among the Top 50 Companies for Diversity in Diversity Inc. magazine.

• In 2006 and 2007, Turner was picked as one of eight Top Companies for Women by Pink magazine.

Time Warner Cable
In 2007, Time Warner Cable ranked in the top four in the Women in Cable Telecommunications (WICT) Foundation PAR Initiative Survey in the following categories: Best Operators for Women in Cable, Best Companies for Women in Cable – Advancement Opportunities, and Resources for Work/Life Support.