Time Inc Presentation

Presented by Debi Prasad Bagria Kishor Chandwani Nandini Mudgil Mrinmoy Kanti Das Rahul Agarwal Ritesh Kumar Singh

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Refer Exhibit - 2 1984-85 1985-86 1986-87 1987-88 Magazines 12% 6% 3% 8% Books 12% 20% 44% -7% Cable TV programming 6% 13% 2% 16% Local Cable TV franchisees 15% 9% 12% 14%

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Lacked Local Cable Franchise Assets

Lacked Cable TV franchise assets

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Time Inc Presentation

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Time Inc Presentation