Warner Music Group Joins the List of Accolade Investors

NEW YORK -- Warner Music Group has acquired a significant minority interest
in Accolade. The music group joins Prudential Equity Investors as an
investor in the company.

According to the company, Accolade will use the investment proceeds to
continue its aggressive expansion of the development of titles for
PC/CD-ROM and the next generation of video-game platforms.

James Barnett, who has been appointed president of Accolade, says,
"Warner's investment will allow Accolade to aggressively expand the
development of premium entertainment software and video-game products and
will further enhance our strong position in the interactive market."

"With our worldwide marketing strength, support services, and distribution
networks, we look forward to building on Accolade's reputation for quality
in a variety of new markets," says Paul Vidich, senior v.p. of strategic
planning and business development at Warner Music Group.

As part of the agreement, Warner Music Group has also acquired the
worldwide distribution rights to all catalog and future product developed
and published by Accolade. In North America, Accolade products will be
manufactured, packaged, and distributed by Warner Active, and in all other
territories, Warner Music Interactive has entered into an exclusive
licensing agreement with Accolade.

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