BUY.COM®OFFERS $100 COUPONS TO SHOPPERS WHO PURCHASE AN AUDIBLEREADY DEVICE WITH AUDIBLE MEMBERSHIP
Audible.com Internet Audio Service and AudibleListener® Memberships Promoted to Buy.com's Over 6 Million Customers

WAYNE, N.J & ALISO VIEJO, Calif. June 21, 2004 - Audible, Inc. (OTC BB: ADBL - News), the leading provider of digitally delivered spoken word audio, and Buy.com, The Internet Superstore(TM), today announced the launch of a consumer coupon program. Customers who sign up for a 12-month membership to Audible's AudibleListener®, and purchase an AudibleReady® mobile device at Buy.com will receive a $100 coupon good towards the purchase of their device or future Buy.com purchase.

Buy.com carries a wide variety of AudibleReady devices, including Apple's iPod and iPod mini; PalmOne's Treo 600 Smartphone, Zire, and Tungsten handhelds; and Pocket PCs and other personal digital assistants from manufacturers such as Hewlett Packard, Toshiba, and Dell.

AudibleListener consists of two choices: The first membership option, PremiumListener®, lets the customer choose any two audiobooks from Audible.com's collection of 6,000 audiobook titles for only $19.95 per month--a savings of 60-85% below the cost of traditional audiobooks on cassette or CD. The second membership option, the BasicListener® plan, costs just $14.95 per month, and gives customers the option to choose one audiobook and one 1-month subscription to audio digests of The Wall Street Journal, Forbes magazine, Scientific American, This American Life, All Things Considered, or any of the other subscriptions available at www.audible.com/subscriptions.

"Consumers of electronics products look to Buy.com for the latest portable devices and the best content applications to maximize their use. We believe our MP3 and PDA customers will find the devices' ability to play back Audible's audio books and audio versions of newspapers, magazines and public radio a great complement to their purchase," said Scott Reedy, vice president, Sales & Merchandising, Buy.com. "And the special $100 coupon speaks to our commitment to offer the best of values to our shoppers," he continued.

"By joining forces with leading retailers like Buy.com, Audible is able to spread the word about Audible's audio service and about 48,000 hours of audio programming that continuously improves the lives of our listeners," added Matthew Fine, senior vice president, Enterprise Development, Audible, Inc. "Buy.com's sophisticated and loyal shoppers ought to be a perfect audience for this hardware and audio service package."

About Audible.com:

Audible.com, recently named the best consumer Web service by CNet.com, and one of the “Best of Today’s Web” by PC World features daily audio editions of The Wall Street Journal and The New York Times — available on a subscription basis in time for the morning drive to work each day—as well as Forbes, Harvard Business Review, Scientific American and Fast Company. The site offers a powerful collection of audiobook best sellers and classics by authors such as Tom Clancy, Stephen King, John Grisham, Janet Evanovich, James Patterson, the Dalai Lama, David McCullough, Stephen Hawking, William Shakespeare, Emily Dickinson and Jane Austen. There are also speeches, lectures, and on-demand radio programs including Marketplace, All Things Considered, Car Talk, Fresh Air and This American Life, and original shows such as RobinWilliams@audible.com. All of the programs at audible.com are available for computer-based playback, burning to audio CD, and on-the-go listening using numerous AudibleReady® portable digital audio players offered by leading consumer electronics and computer manufacturers.

About Buy.com:

Buy.com®, The Internet Superstore™, offers its over 6 million customers more than 2 million products in a range of categories including computer hardware and software, electronics, cellular products and services, music, DVDs, books, toys and more. Individuals and businesses can shop quickly and easily at Buy.com 24 hours a day, 7 days a week. Buy.com was named one of the Top 50 web sites in 2004 by Internet Retailer, the top performing site on Gomez Inc.’s E-Holiday Shopping 2002 Index in the music, electronics and books category (December 2002), “Best Overall Place To Buy Mobile Devices” (January 2002), "Best E-Commerce Site" by PC World magazine (June 2001), "Best Overall Place To Buy" by Computer Shopper Magazine (January 2001), a "Best of the Web" in the computer and electronics category by Forbes Magazine (spring 2000 and fall 2000), and the No. 1 electronics e-tailer in the PowerRankings by Forrester Research, Inc. (November 2000). Buy.com, founded in June 1997, is located in Aliso Viejo, California. For more information, visit www.buy.com. Buy.com™ and The Internet Superstore™ are trademarks of Buy.com®.

About Audible, Inc.:

Audible® (www.audible.com®) is the Internet's leading premium spoken audio source. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady® computer-based mobile devices. Audible has 44,000 hours of audio programs from more than 165 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers and business information providers. Audible.com is Amazon.com's and the Apple iTunes Music Store’s pre-eminent provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc. in the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business relationships are Apple Corp., Creative Labs, Gateway, Inc., Hewlett-Packard Company, Microsoft Corporation, palmOne, Inc., PhatNoise Inc., RealNetworks, Inc., Rio Audio, Roxio, Inc., Sony Electronics, Texas Instruments Inc., and VoiceAge Corp.

Audible, www.audible.com, Audible Otis, AudibleListener, and AudibleReady are registered trademarks of Audible, Inc. and all are part of the family of Audible, Inc. trademarks.

Other product or service names mentioned herein are the trademarks of their respective owners.

This press release contains information about Audible, Inc. that is not historical fact and may be deemed to contain forward-looking statements about the company. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, Audible’s limited operating history, history of losses, uncertain market for its services, and its inability to license or produce compelling audio content and other risks and uncertainties detailed in the company’s Securities and Exchange Commission filings.

For media inquiries, contact:
Larisa Hall
Vice President, Marketing
Buy.com
pr@mail.rakuten.com
949.389.2137