MySpace Targets Spanish-Language Speakers

MIAMI, April 24: MySpace is launching a new site targeted to
U.S. Hispanics, as well as a pan-regional offering for Latin America and has
plans for localized communities in Mexico and Brazil.

"We're moving rapidly to build communities that reflect
and respect the lifestyles of our diverse members," said Travis Katz, the
SVP and general manager of MySpace International.

MySpace en Espanol (latino.myspace.com) launched today in
beta for U.S. residents as a Spanish version of MySpace's current platform. The
new site will spotlight content, programming, artists and users relevant to the
U.S. Hispanic MySpace population, as well as offer a Spanish-language version of
the MySpace IM client. "MySpace en Espanol opens the community even wider,
giving our Hispanic members the choice to share their experiences, connect with
family members, and plan their social lives in either Spanish or English. We
look forward to getting their feedback as we build out these new cultural
communities."

The company also announced today a beta version of MySpace
Latinoamerica (la.myspace.com), a
pan-regional site in Spanish for Latin American users. Beginning today, more
than 150 million residents from across Latin America will be able to access
MySpace in Spanish. Across Latin America, MySpace will be working with local
teams to develop programming and partnerships most relevant for each country's
user base.

MySpace also revealed development plans for communities in
Brazil and Mexico. The company announced today that it has plans to launch a
Brazilian site this summer and will be ready to officially launch MySpace
Mexico, currently in beta, in the coming months.

According to last month's Nielsen Netratings, 43 percent of
all U.S. based Hispanic Internet users are visiting MySpace and the site is
among the country's top 5 most visited sites by the Hispanic web population.

MySpace's global network includes 12 localized communities
in the U.S., U.K., Japan, France, Germany, Australia, Ireland, as well as beta
versions of MySpace communities in Italy, Spain, Canada, New Zealand, and
Mexico.