Diverse suppliers bring a variety of perspectives to the marketplace and help enhance our over-all procurement process. A diverse supplier base is important for business reasons and we have a very broad and robust Supplier Diversity program. The program foundation consists of ten areas of major focus, which we use to implement and manage supplier diversity throughout Time Warner divisions:

• Training & Education
• Business Development
• Communications
• Tracking & Reporting Second Tier
• External Outreach Activities
• Internal Networking Activities
• Goals & Measurements
• Website & Database Management
• Awards & Recognition

Website and Database
The Supplier Diversity website and Database serves as the primary resource tool for employees and diverse suppliers. The site is used both as an external site for suppliers to visit and begin the registration process and as an internal tool for employees to receive updates on the program, new initiatives, and supplier profiles to review when considering bid opportunities.

Through this site, employees can access over 20,000 diverse suppliers to include in their procurement opportunities. We recently completed a platform upgrade, making the website ven more user friendly with expanded and faster search capabilities, new reporting features, supplier testimonials, and simpler navigation features. The website averages over one million hits per month. For more information, please visit www.twsupplierdiversity.com or Time Warner’s 2008 Corporate Social Responsibility Report.