Press Release

<< Back
Amazon.com, Inc. Announces Plans to Issue Convertible Subordinated Notes

SEATTLE--Feb. 7, 2000--Amazon.com, Inc. (Nasdaq:AMZN) announced today that it would file a prospectus supplement with the Securities and Exchange Commission to sell up to 600MM of Euro Denominated Convertible Subordinated Notes Due 2010 (excluding proceeds, if any, from the over-allotment option).

The notes and shares of the common stock of the company issuable upon conversion of the notes are covered by the company's existing shelf registration statement.

An underwriting group led by Morgan Stanley Dean Witter will market the notes to the public.

Amazon.com is the world's leading online retailer. Amazon.com directly offers for sale millions of distinct items in categories such as books, music, toys, electronics, videos, DVDs, home improvement products, software and video games. Amazon.com has served over 17 million customer accounts in 150 countries.

In addition to its U.S. Web site, the Company currently has two internationally focused Web sites: www.amazon.co.uk, which targets the United Kingdom, and www.amazon.de, which targets Germany.

Amazon.com's corporate headquarters are at 1200 12th Ave. South, Suite 1200, Seattle, WA 98144-2734, 206/266-1000; www.amazon.com.

This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities. An offering shall only be made by means of the prospectus supplement and prospectus. Written copies of the prospectus supplement and prospectus may be obtained, when available, by contacting Morgan Stanley Dean Witter at 25 Cabot Square, London, England, E14, 0171-425-6666 or 1585 Broadway, New York, N.Y., U.S.A., 10036-8293, 212/761-4000.

This press release contains certain forward-looking statements that involve risks and uncertainties. Actual results may vary. Factors that could cause actual results to vary include those discussed in the prospectus supplement and prospectus and Amazon.com's other Securities and Exchange Commission filings.