To: Jerry Olson who wrote (101077 ) 6/7/2000 1:29:00 PM From: BRANDYBGOOD Read Replies (1) | Respond to of 120523
EXDS_ (COMTEX) B: Exodus Reconfirms Two-for-One Stock Split B: Exodus Reconfirms Two-for-One Stock Split SANTA CLARA, Calif., Jun 7, 2000 (BUSINESS WIRE) -- Exodus Communications(TM), Inc. (Nasdaq:EXDS) today announced that its stockholders have approved an increase in the company's authorized shares of common stock to 1.5 billion shares. The Exodus(R) board of directors had previously approved a two-for-one stock split, to be effected in the form of a stock dividend subject to stockholder approval of the increase in the authorized shares of common stock. The record date for the stock split will be June 7, 2000, and thereafter, on or about June 20, 2000, the company's transfer agent will mail certificates representing one additional share for each share held on this record date. About Exodus Communications Exodus Communications is a leading provider of complex Internet hosting for enterprises with mission-critical Internet operations. The Company offers sophisticated system and network management solutions, along with technology professional services to provide optimal performance for customers' web sites. Through its subsidiary, Service Metrics(TM), Exodus is a leading source of Web site performance monitoring and measurement services. Exodus manages its network infrastructure via a worldwide network of Internet Data Centers (IDCs) located in North America, Europe and Asia Pacific. More information on Exodus can be found at www.exodus.net. Note to Editors: Exodus Communications, Exodus and Service Metrics are trademarks for Exodus Communications, Inc., and may be registered in certain jurisdictions. All other trademarks mentioned in this document are the property of their respective owners. CONTACT: Exodus Communications, Inc. Maureen O'Connell, 408/346-2218 (media) maureen.oconnell@exodus.net Jane Whaley, 408/346-2191 (investors) jane.whaley@exodus.net