Time Warner Establishes Internship Program for Students at China's Fudan University

September 14, 1998

Three Fudan Students to Arrive in U.S. Tomorrow
Interns will Work at Warner Bros., CNN and Time Inc.

Time Warner Inc. announced today that it has established an internship program that will afford students at China's Fudan University the opportunity to work in various divisions of the company in the United States. The inaugural group of three Fudan University student interns will arrive in the U.S. tomorrow.

In announcing the internship program, Gerald M. Levin, chairman and chief executive officer of Time Warner, said: "Time Warner is proud to encourage and participate in the deepening dialogue and interaction between China and the United States. In this spirit, we are pleased to establish this internship program that will enable students to gain firsthand experience in American media and entertainment as well as insights into American culture and contemporary society. We, in turn, will gain new insights from their perspectives and viewpoints."

Yang Fujia, president of Fudan University, said: "Fudan University is grateful to Time Warner for creating this unique learning experience for our students. The program will provide our students with an in-depth understanding of American society, culture and history as well as practical work experience in media and entertainment-all of which will better prepare them to assume leadership roles in the future."

Following an orientation program in New York City, Boston, Williamsburg, Va., and Washington, D.C. that will focus on American history, culture and society, each intern will be assigned to work in one of three Time Warner divisions-Warner Bros. in Burbank, Calif., CNN in Atlanta, and Time Inc. in New York City-for the remainder of their three-month stay.

The following students were chosen for the internship program: Lu Yingying, a 21-year-old majoring in British and American literature in Fudan University's Department of Foreign Languages and Literature; and Zhuo Qun, 20, and Gu Ming, 21, both studying at the Fudan University School of Journalism.

The National Committee on United States-China Relations will administer the internship program on behalf of Time Warner. The National Committee is a private, non-profit, educational organization based in New York that encourages understanding of China and the United States among citizens of both countries through exchanges, conferences, publications and internships.

Time Warner Inc. (NYSE: TWX), the world's leading media company, consists of four businesses: cable networks, publishing, entertainment and cable.

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