Yahoo!® oneConnect™ Preview Available for iPhone™

Offers Innovative Integrated Mobile Messaging Combined With Social Address Book For New Level of Convenience

SAN FRANCISCO--(BUSINESS WIRE)--Yahoo! (NASDAQ:YHOO) today announced the preview availability of Yahoo! oneConnect, the revolutionary new social address book that brings together a user’s circle of friends, their lives, and all the ways they communicate into one seamless, easy-to-use application. Yahoo! oneConnect is now available in the Apple^® iPhone™ App Store and is also expected to support additional devices in the coming months.

“The iPhone has ignited and captured the imagination of what a mobile phone can do”

With Yahoo! oneConnect, users can integrate all their contacts, send instant or SMS messages, post their status, and view the latest activity from their favorite social networks -- making it easy to stay connected and in the loop.

“The iPhone has ignited and captured the imagination of what a mobile phone can do,” said Marco Boerries, executive vice president, Yahoo! Connected Life. “The rich feature set of the iPhone enables the best way to experience oneConnect. The powerful combination of Yahoo! Blueprint, the mobile platform, and the iPhone SDK, was leveraged to create this unique experience of oneConnect for millions of iPhone users.”

Yahoo! oneConnect for iPhone

Yahoo! oneConnect for the iPhone builds on Yahoo!’s market-leading and award-winning mobile products and reinforces the Company’s intent to lead and enable the global mobile ecosystem. Key features include:

• Full-featured address book that integrates contacts from the user’s Yahoo! Address Book, iPhone and social networks.
• Pulse: A convenient way to see what’s happening on your social networks. The initial version of Yahoo! oneConnect supports networks including Bebo, Dopplr, Facebook^®, Flickr^®, Friendster^®, Last.fm^®, MySpace^®, Twitter™ and YouTube™.
• Integrated mobile messaging with your friends via SMS and Yahoo! Messenger, including support for avatars, photos, and emoticons.
• Favorites: A simple way to keep your most important people close at hand to check on status, call or send a quick message or email.

Availability

Yahoo! oneConnect is available today free of charge for the iPhone and iPod touch^® in the United States. In future releases, Yahoo! oneConnect is expected to support additional devices and become available internationally.

Visit the Yahoo! booth at CTIA Wireless to see Yahoo! oneConnect for the iPhone at Booth 417. For more information on Yahoo! oneConnect, go to http://mobile.yahoo.com/oneconnect/iphone. Screenshots of Yahoo! oneConnect as well as Yahoo!'s complete CTIA press kit can be found at http://mobile.yahoo.com/newsroom.

About Yahoo!

Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California.

Yahoo! oneConnect and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.

This press release contains forward-looking statements that involve risks and uncertainties concerning Yahoo! oneConnect (including without limitation the statements contained in the quotations from management in this press release), as well as Yahoo! Inc.'s strategic and operational plans for Yahoo! Blueprint and Yahoo!'s anticipated role in the global mobile ecosystem. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, the possibilities that Yahoo!'s future product plans might be delayed, might not ultimately be implemented, or if implemented might not be successful; that developers might not embrace the new mobile platform or might do so more slowly than expected; that users might not utilize the new and expanded service offerings or might prefer rival products or services; and that the anticipated benefits to Yahoo! might not be realized. More information about potential factors that could affect Yahoo!'s business and financial results is included under the captions, "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in the Yahoo!'s Annual Report on Form 10-K for the year ended December 31, 2007, as amended, and Quarterly Report on Form 10-Q for the quarter ended June 30, 2008, which are on file with the SEC and available at the SEC's website at www.sec.gov. Yahoo! does not intend, and undertakes no duty, to update or otherwise revise the information contained in this press release.