Cox Enterprises and Its Employees Show Overwhelming Support for Those Impacted by this Season's Hurricanes ATLANTA, Nov. 17 /PRNewswire/ -- Cox Enterprises, Inc. announced today that employee contributions to the Cox Employee Disaster Relief Fund have surpassed $1 million in employee giving. This brings the fund total to $2.7 million, including employee giving, the company dollar-for-dollar match and $643,000 in vendor donations. "Employees' response to this season's hurricanes has been nothing short of amazing," said James C. Kennedy, chairman and chief executive officer of Cox Enterprises. "This tremendous effort by employees only reinforces the company's commitment to assist in the relief, recovery and rebuilding of the affected communities." The Cox Employee Disaster Relief Fund was established in the days following Hurricane Katrina and has already provided emergency assistance and basic necessities such as food, clothing and temporary housing to fellow employees affected by the disaster. Cox has also committed to a $10 million gift of cash and in-kind support to assist affected communities. The gift is structured in the following manner: - A $1,000,000 gift to the American Red Cross to provide immediate relief for those in need. - A $750,000 gift to the United Way, shared among the impacted areas. This contribution will be used for programs to support the recovery efforts of communities impacted by this disaster. - A $150,000 gift to Habitat for Humanity to help communities ravaged by the hurricane begin to rebuild. - A $100,000 gift to Boys & Girls Clubs for support of programming and continuing education for children in devastated areas. - An $8 million media commitment from Cox businesses in donated PSA (public service announcement) air time or space from Cox Communications, Cox Newspapers, Cox Television and Cox Radio. These donations will be used to help encourage viewers, listeners and readers to continue their support for long-term needs. "There is still a long road toward recovery as we continue to work together to honor our commitment to our employees and the communities we serve," said Kennedy. Cox Enterprises, Inc. (http://www.coxenterprises.com/) Cox Enterprises is one of the nation's leading media companies and providers of automotive services, with 2004 revenues of $11.6 billion and 77,000 employees. Major operating subsidiaries include Cox Communications, Inc. (cable television distribution, telephone, high-speed Internet access and other advanced broadband services); Cox Newspapers, Inc. (newspapers, local and national direct mail advertising and customized newsletters); Cox Television (television and television sales rep firms); Cox Radio, Inc. ([NYSE: CXR] broadcast radio stations and interactive Web sites); and Manheim Auctions, Inc. (vehicle auctions, repair and certification services and web- based technology products). Cox Enterprises also owns an equity stake in AutoTrader.com, the world's largest and most visited online source of vehicle listings for dealers and consumers. DATASOURCE: Cox Enterprises, Inc. CONTACT: Bob Jimenez of Cox Enterprises, Inc., +1-678-645-0070, or Web site: http://www.coxenterprises.com/

Copyright