Mobile customers accessing the diAx e-motion will have access to Yahoo!'s comprehensive range of WAP services in English, French, German and Italian. This includes Yahoo! Mail, Yahoo! Calendar, Yahoo! Address Book, Yahoo! Finance, Yahoo! Weather, Yahoo! News, Yahoo! Sport, Yahoo! Mobile Messenger, Yahoo! Directory, Yahoo! Search, Yahoo! TV Listing, Yahoo! Bookmarks, Yahoo! Worldwide and preconfigured My Yahoo!. Yahoo! Stock Quotes, Yahoo! Weather and Yahoo! Horoscope Alerts will be available for mobile devices via SMS. In addition, a co-branded Yahoo! Messenger will be featured on the diAx dplanet portal. It is anticipated that these services will be available before the end of 2000.

The agreement with diAx is a further development in the Yahoo! Everywhere initiative which delivers Yahoo! services formatted for both fixed and wireless connections via PCs, mobile telephones, personal digital devices and digital TVs connected to the Web. Yahoo! continues to prioritise this strategy and has aggressively pursued distribution deals with both handset manufacturers and mobile network operators, including, BT's Genie (UK), D2 (Germany), TIM (Italy), Telefónica Móviles (Spain), Virgin Mobile (UK), Radiolinja (Finland), Telenor (Norway), Cosmote (Greece), Siemens and Trium.

Jerry Glover, Commercial Director, Yahoo! Europe, commented: "We are pleased to be working with diAx to enable users in Switzerland to access Yahoo!'s most popular services via their WAP-enabled mobile phone and through the diAx dplanet web portal. It's another step forward in our Yahoo! Everywhere strategy to make locally-relevant services available, whenever our users want and wherever they happen to be."

About Yahoo!
Yahoo! Europe provides commerce, communication and media services throughout Europe to meet the needs of local consumers. Yahoo! Europe is comprised of the Yahoo! sites for the UK & Ireland (www.yahoo.co.uk), France (www.yahoo.fr), Germany (www.yahoo.de), Italy (www.yahoo.it), Spain (www.yahoo.es), Sweden (www.yahoo.se), Norway (www.yahoo.no) and Denmark (www.yahoo.dk). The Yahoo! offices in London, Paris, Munich, Milan, Madrid, Stockholm and Copenhagen are staffed by local nationals and Yahoo! Europe is headquartered in central London.

Yahoo! Europe is part of Yahoo! Inc. (Nasdaq: YHOO), a global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 156 million unique individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet. The company also provides online business services designed to enhance the Web presence of Yahoo!?s clients, including audio and video streaming, store hosting and management, and Web site tools and services. The company's global Web network includes 23 local World properties outside the United States. Yahoo! has offices in Europe, the Asia Pacific, Latin America, Canada and the United States, and is headquartered in Santa Clara, Calif.

diAx
diAx is the only alternative Swiss provider of comprehensive services for the fixed network, mobile telecommunications and the Internet. The joint venture of diAx Holding - owned by more than 60 companies of the Swiss electricity industry, Swiss Re and Winterthur Life - and SBC Communications Inc., the second largest telecom corporation in the USA, currently employs more than 2,000 persons nationwide. The diAx mobile network is the most up-to-date GSM dual band infrastructure in the country and covers more than 90% of the population. With its more than 3,700 km long high-performance fiber optic network, diAx owns the second largest fixed network in Switzerland.

Media Contacts:

Yahoo! Europe
Alison Fennah, Tel: ++ 44 20 7808 4257, alison@uk.yahoo-inc.com
Sue Jackson, Tel: ++ 44 20 7808 4526, suej@uk.yahoo-inc.com