About Salon:

Founded in 1995, Salon.com is a leading Internet media company that produces 10 award-winning, original content sites; and hosts two online communities -- Table Talk and The WELL. In October 2000, Salon.com launched Salon Audio, a site offering music programming, daily downloads and streaming audio from Salon's favorite columnists, as well as hundreds of downloadable versions of short stories, poems and interviews in MP3 and Real Audio formats. Over 530 companies have advertised on Salon.com including: IBM, Lexus, Microsoft, EDS, Hewlett-Packard, Mastercard, AskJeeves, Virgin Megastore Online, Kimberly Clark and Intel. In December 1999, Salon.com announced a content and equity agreement with Rainbow Media Holdings, Inc., a subsidiary of Cablevision Systems Corp. and NBC. Strategic wireless distribution partners include: AvantGo, Omnisky, Palm.net and Skytel.

Disclosure Note: This announcement contains forward-looking statements concerning Salon stock trading, appeals from Nasdaq staff determinations and efforts to deal with liquidity concerns. Actual results could differ materially from those discussed. More information about factors that potentially could affect Salon.com's financial results is indicated in the Company's filings with the Securities and Exchange Commission. All forward-looking statements are based on information available to the company on the date hereof, and the Company assumes no obligation to update such statements.

Note: Salon.com is a registered trademark of Salon Media Group. All other company and product names mentioned are trademarks of their respective owners.