FOR IMMEDIATE RELEASE YAHOO! ANNOUNCES 2-FOR-1 STOCK SPLIT SANTA CLARA, CALIF. - JULY 8, 1998 - Yahoo! Inc. (NASDAQ: YHOO) today announced that its Board of Directors has approved a 2-for-1 common stock split. Shareholders on the record date of July 17, 1998 will be entitled to one additional share for every share they own on that date. New shares will be issued by the company's transfer agent, Boston Equiserve, on July 31, 1998. The date on which the split shares will be reflected on NASDAQ trading prices is August 3, 1998. More information about Yahoo!'s common stock split can be found at http://www.yahoo.com/info/investor/split_faq.html. ABOUT YAHOO! Yahoo! Inc. is a global Internet media company that offers a network of branded Web programming serving millions of users daily. As the first navigational guide to the Web, www.yahoo.com is the single largest guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet. Yahoo! provides targeted Internet resources and communications services for a broad range of audiences, based on demographic, key-subject and geographic interests. Yahoo! is headquartered in Santa Clara, Calif. # # # Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners. CONTACTS: Gary Valenzuela Senior Vice President and Chief Financial Officer Yahoo! Inc. (408) 731-3350 investor_relations@yahoo-inc.com Diane Hunt Director, Corporate Communications Yahoo! Inc. (408) 731-3441 diane@yahoo-inc.com