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Home Google To Acquire YouTube for $1.65 Billion in Stock

Combination Will Create New Opportunities for Users and Content

Owners Everywhere Press Center

MOUNTAIN VIEW Calif. October 2006 Google Inc. NASDAO G000 esources announced today that it has agreed to acquire YouTube the consumer

from Google media company for people to watch and share original videos through

Ofl Lii ec Web experience for $1 65 billion in stock for-stock transaction Following

L00gj vkier Liirectory

the acquisition YouTube will operate independently to preserve its

successful brand and passionate community.

Media Room

Avards The acquisition combines one of the largest and fastest growing online

Permissions video entertainment communities with Googles expertise in organizing

information and creating new models for advertising on the Internet The

Products Technology combined companies will focus on providing better more comprehensive

Product Information experience for users interested in uploading watching and sharing videos

Reviewers Guides and will offer new opportunities for professional content owners to distribute

theirworkto reach vast new audience.

The YouTube team has built an exciting and powerful media platform that

Related Product Info

complements Googles mission to organize the worlds information and

Gooole Labs make it universally accessible and useful said Eric Schmidt Chief

Software Principles Executive Officer of Google Our companies share similar values we both

always put our users first and are committed to innovating to improve their

Related Corporate Info

experience Together we are natural partners to offer compelling media

Milestones entertainment service to users content owners and advertisers.

Executive Bios

Governance

Privacy Policy

Our community has played vital role in changing the way that people

consume media creating new clip culture By joining forces with Google

Investor Relations we can benefit from its global reach and technology leadership to deliver

more comprehensive entertainment experience for our users and to create

new opportunities for our partners said Chad Hurley CEO and Co Founder

of YouTube confident that with this partnership we II have the flexibility

and resources needed to pursue our goal of building the next-generation

platform for serving media worldwide.

When the acquisition is complete YouTube will retain its distinct brand

identity strengthening and complementing Googles own fast-growing video

business YouTube will continue to be based in San Bruno CA and all

YouTube employees will remain with the company With Google

technology advertiser relationships and global reach YouTube will continue

to build on its success as one of the worlds most popular services for video

entertainment.

The number of Google shares to be issued in the transaction will be

determined based on the 30 day average closing price two trading days

prior to the completion of the acquisition Both companies have approved

the transaction which is subject to customary closing conditions and is

expected to close in the fourth quarter of 2006.

Webcast and Conference Call Information

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The company will host conference call and webcast at 130 p.m. Pacific

Time 430 Eastern Time today to discuss the acquisition To access

the conference call please dial 800-289-0572 domestic and11 -5543

internationally replay of the call will be available until midnight Monday

October16 at 888 203 1112 domestically and 719 457 0820 internationally

Confirmation code for the replay is 2260624.

live audio webcast of the conference call will be available at

htto//investor. poop Is. comfwebcast. htm I.

About Google Inc.

Googles innovative search technologies connect millions of people around

the world with information every day. Founded in 1996 by Stanford Ph.D.

students Larry Page and Sergey Brin Google today is top web property in

all major global markets Google targeted advertising program provides

businesses of all sizes vi measurable results while enhancing the overall

web expenence for users 000gle is headquartered in Silicon Valley with

offices throughout the Amencas Europe and Asia For more information

visit www.QoogI.pQm.

About YouTube

Founded in February 2005 YouTube is consumer media company for

people to watch and share original videos worldwide through Web

experience YouTube allows people to easily upload and share video clips

________________ on wwwYouTube com and across the Intemet through websites blogs and

mail YouTube currently delivers more than 100 million video views every

day with 65000 new videos uploaded daily and it has quickly become the

leading destination on the Internet for video entertainment.

Caution Concerning Forward-Looking Statements

This document includes certain forward-looking statements within the

meaning of the Private Securities Litigation Reform Act of 1995 including

statements regarding Google sand YouTube ability to improve their

services create new business models and content owner opportunities

integration plans the expected timing for the closing of the acquisition and

the plans to operate YouTube independently These statements are based

on the current expectations or beliefs of management of Google Inc. and

are subject to uncertainty and changes in circumstances. Actual results may

vary materially from those expressed or implied by the statements herein

due to changes in economic business competitive technological and/or

regulatory factors failure to receive regulatory approval for the

acquisition failure to retain the levels of traffic on the YouTube site

failure to compete successfully in this highly competitive and rapidly

changing marketplace failure to retain key employees other factors

affecting the operation of the respective businesses of Google and

YouTube and the failure of YouTube and Google to work together

effectively. More detailed information about these factors may be found in

filings by Google as appl cable with the Secunties and Exchange

Commission including their respective most recent Annual Report on Form

10 and Quarterly Report on Form 100 Google is under no obligation to

and expressly disclaims any such obligation to update or alter their

respective forward looking statements whether as result of new

information future events or otherwise.

Press Contacts

Google Media Investors YouTube Media

Jon Murchinson Maria Shim Julie Supan

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650.2534437 650.253.7663 650.685.6401

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