Napster Inc., Statement Regarding Stay

Napster CEO Hank Barry today said:

Redwood City- July 28, 2000- "We're gratified and appreciative of the 9th Circuit Court's decision today to allow the Napster community to continue operating while our appeal of the injunction is pending. We want to thank the Napster community for their support during this period.

"I believe the Napster technology can help everyone involved in music - including artists, consumers, and the industry. New technologies can be a win-win situation if we work together on building new models, and we at Napster are eager to do so."

Napster Founder Shawn Fanning said:

"I am happy and grateful that we do not have to turn away our 20 million users and that we can continue to help artists. We'll keep working and hoping for the best," said Shawn Fanning.

Napster's service will continue in operation, and Napster will continue its positive "Buycott," urging its users to buy the CDs of artists who have come out in support of the music community (a list can be found on the Napster web site.)

About Napster
Napster is the world's leading file-sharing community. Napster's software application enables users to locate and share media files from one convenient, easy-to-use interface. It also provides media fans a vehicle to identify new artists and a forum to communicate their interests and tastes with one another via instant messaging, chat rooms, and Hot List user bookmarks.