Yahoo!’s Board of Directors Responds to Latest Microsoft Letter

Monday, April 7th, 2008

The Board of Directors of Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today sent the following letter to Steve Ballmer, Chief Executive Officer of Microsoft Corporation. Dear Steve: Our Board has reviewed your most recent letter with regard to the unsolicited proposal you made to acquire Yahoo! on January 31, 2008. Our ...