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Time Warner Inc. Declares Third Regular Quarterly Dividend

Time Warner Inc.’s Board of Directors has declared a regular quarterly dividend of $0.05 per share on its Common Stock, payable in cash on March 15, 2006 to stockholders of record at the close of business on February 28, 2006. This is the third quarterly dividend declared under the company’s dividend policy, which was announced at the May 20, 2005 annual meeting of stockholders.

[Source: Time Warner]

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