To: asenna1 who wrote (27691 ) 4/23/2001 4:13:43 PM From: Rob C. Read Replies (1) | Respond to of 29970 DJ Excite@Home Names Hart Chairman, CEO, Replacing Bell˜ 23 Apr 16:00 NEW YORK (Dow Jones)--Excite@Home Corp. (ATHM) named Patti Hart chairman and chief executive, effective Monday, replacing George Bell, who formally resigned from the Internet service provider. Hart was most recently chairman, chief executive and president of Telocity Inc., a provider of high-speed Internet access that was acquired earlier this month by General Motors Corp.'s (GM) Hughes Electronics Corp. unit (GMH). She had joined Telocity in June 1999. Bell had been chairman of Excite@Home since May 2000, and chief executive since January 2000. He was previously chief executive of Excite Inc., which merged with At Home in 1999 to form Excite@Home. The company, which is controlled by AT&T Corp. (T), operates the Excite Web portal and sells high-speed Web access over cable television lines. Hart's hiring marks the end of a 7-month search for a replacement for Bell. He had said last September he planned to step down as chief executive. Bell also said at that time he would remain chairman until at least the end of 2001, but the company said Monday Hart would take over as chairman, too. A spokeswoman said Bell wanted to spend more time with his family. The change at the top, which was expected, comes as Excite@Home is struggling in the face of a weak online advertising market. A downturn in the company's media revenue led it to warn last week that first-quarter results would miss analysts' expectations. The company is releasing actual results Monday. With media revenue on the decline, Excite@Home has been focusing more recently on its broadband Internet access business. Hart had firsthand experience in broadband Internet access at Telocity. Unlike Excite@Home, however, Telocity sells access over telephone lines known as digital subscriber line, or DSL. -By Peter Loftus, Dow Jones Newswires; 201-938-5267; peter.loftus@dowjones.com (END) DOW JONES NEWS 04-23-01 04:00 PM Copyright 2001 Dow Jones & Company, Inc.