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To: Mark Fowler who wrote (74489)	8/18/1999 5:07:00 PM
From: Glenn D. Rudolph	Respond to of 164684

AOL says subscribers top 18 million DULLES, Va., Aug 17 (Reuters) - America Online Inc. <AOL.N> said on Tuesday that worldwide membership in its online service has exceeded 18 million. AOL said that a new software upgrade is expected to bring new members this fall. "We think AOL's momentum will continue this fall with the launch of our next-generation client, AOL 5.0.," said AOL President Bob Pittman. "Like our past software upgrades, we think 5.0 will be a catalyst for membership growth, time spent online, member retention, and e-commerce," said Pittman. The leading Internet media company said its membership growth is ahead of last summer's pace. This year's membership climb from 17 million to 18 million members took 125 days compared to last summer, when it took 133 days to add one million members to reach 13 million. More than 50 percent of AOL accounts now log on at least five days weekly and nearly one-third are using the service every day of the week, AOL said. AOL's CompuServe unit is experiencing strong membership growth since being acquired, with its current rebate offers linked to personal computer sales exceeding expectations, AOL said. Shares gained 1-10/16 to 96-9/16 on the New York Stock Exchange early Tuesday. AOL shares had fallen to near a six-month low this month, but recovered some ground in the past week. The new software will such features as You've Got Pictures!, My Calendar, AOL Plus, and ShopAOL, he said. 859-1700)) REUTERS Rtr 09:42 08-17-99