Dow Jones Newswires Introduces Bandwidth Newsletter

``Dow Jones Bandwidth Intelligence Alert'' Will Examine Key Industry Issues and Provide Price Reporting

NEW YORK --Feb. 13, 2001-- Responding to huge growth in the bandwidth market, Dow Jones Newswires announced today the launch of a weekly newsletter, Dow Jones Bandwidth Intelligence Alert, which will examine issues and trading activity within the broadband market.

The newsletter will cover companies and trends, and provide traders, consultants, legal advisors and investors with valuable information on pending deals and developments.

Each issue of the Dow Jones Bandwidth Intelligence Alert will include a column written by Houston Bureau Chief, Michael Rieke, a weekly bandwidth price table and in-depth analysis of the previous week's deals in the Bandwidth Market feature. The newsletter also provides exclusive bandwidth spot forward prices for the New York-to-Los Angeles, New York-to-Washington and other routes. New features will be added as the industry evolves.

Michael Rieke, who has covered the broadband market since its inception, will lead a telecom reporting team in producing the newsletter. ``There's been an explosion of interest in the bandwidth trading market,'' said Michael Rieke. ``Companies in the market say it has the potential to grow to billions of dollars a year, and Dow Jones Bandwidth Intelligence Alert will be there at every step to provide invaluable news and information to industry professionals.''

During the development of Dow Jones Bandwidth Intelligence Alert, Dow Jones tapped a panel of industry experts for input into shaping its content and direction. ``This newsletter should appeal to a wide range of bandwidth professionals, from traders to industry watchers,'' said Liz Singleton, Analyst at New Paradigm Resources Group, a telecommunications research and consulting firm.

Dow Jones Bandwidth Intelligence Alert will join an expanding family of publications from Dow Jones Newsletters, with a combined readership of 5,000. The newsletters are designed for industry and financial professionals, and cover several topics, including bankruptcy, high yield securities, and the REIT and mutual fund industries. For customers who require real-time news on the broadband market, Dow Jones Bandwidth Service is available on selected platforms.

About Dow Jones

Dow Jones Newswires provides real-time news for financial professionals across five asset classes: equities, fixed-income, foreign exchange, commodities, energy and futures. The division also offers news for financial firms' Web sites. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE:DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Indexes, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group of Factiva, with Excite@Home of Work.com, and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S.

Contact:

     Subscriber:
     Dow Jones Newsletters
     Carlos Mesa, 202/628-8988
     carlos.mesa@dowjones.com
     or
     Media:
     G.S. Schwartz & Co., New York
     Francine Vassallo/David DuBois,
     212/725-4500
     fvassallo@schwartz.com