NEWS RELEASE
Release Dates: Immediate
Ed Hansen, MindSpring Enterprises, Inc.


MindSpring Announces First Quarter Results

ATLANTA, Georgia (April 27, 1999) - MindSpring Enterprises, Inc. (Nasdaq: MSPG) a leading national Internet Service Provider, today announced results for the first quarter ended March 31, 1999.

MindSpring reported earnings per share, excluding tax-effected amortization expense (``EPS+A'') of $0.16 for the first quarter, exceeding First Call's estimate of $0.13. Excluding the tax-effected amortization charges, MindSpring recorded income for the first quarter of 1999 of $4,690,000, compared with net income of $5,422,000, or $0.20 per diluted share, in the fourth quarter of 1998, and net income of $2,043,000, or $0.08 per diluted share, for the first quarter of 1998. Results for 1999 reflect earnings net of taxes at a 40% rate; 1998 excludes income tax impact.

Total revenues for the first quarter were $61,628,000, compared with $39,534,000 for the prior quarter and $21,384,000 for the first quarter of 1998. Earnings before interest expense, taxes, depreciation and amortization (``EBITDA'') for the first quarter of 1999 was $11,028,000, or $0.37 per diluted share, compared with $7,280,000, or $0.26 per diluted share, for the prior quarter and $3,925,000, or $0.16 per diluted share, in the same quarter of 1998. Including amortization, net loss for the first quarter was $(3,304,000), or $(0.12) per share, compared with net income of $3,677,000 or $0.13 per diluted share for the prior quarter, and $860,000, or $0.04 per diluted share for the first quarter 1998.

``We added far more customers and employees in the first quarter of 1999 than in any other quarter of our history,'' said Charles Brewer, MindSpring's Chairman and Chief Executive Officer. ``Our customer base increased by 67% from the prior quarter, and we surpassed the 1 million customer mark. We added many valuable new employees, including many who came to us from NETCOM. I'm very proud of the way our team has handled this dramatic growth. We have continued to please our customers and to produce excellent financial results. MindSpring is stronger than it has ever been, and we are eager to meet the opportunities that lie ahead.''

Effective February 17, 1999, the Company purchased NETCOM subscribers and other assets from ICG Communications, Inc. (Nasdaq:ICGX - news) for $245 million in cash and stock. This purchase included approximately 371,000 individual Internet access accounts, 22,000 web hosting accounts in the U.S., and 3,000 dedicated Internet access accounts. Additionally, in April 1999, the Company completed a secondary equity offering of 2,760,000 shares of common stock and an approximate $180 million offering of convertible subordinated notes.

MindSpring had approximately 1,157,000 customers at the end of the first quarter, up from 693,000 at the end of the prior quarter and 341,000 at the end of the first quarter 1998. Included in the total are approximately 47,000 Web Hosting customers, up from 21,000 in the prior quarter and 12,000 at the end of the first quarter 1998, and approximately 3,000 dedicated Internet access accounts acquired from NETCOM.

About MindSpring

MindSpring is a leading national Internet service provider focused on delivering outstanding service and support to its customers. MindSpring's dial-up subscribers can browse the World Wide Web, send electronic mail, participate in informative on-line chats and access over 20,000 newsgroups. MindSpring offers local Internet service in more than 745 locations throughout the United States. MindSpring is also a leading provider of Web hosting services and offers other value-added services such as Web page design and domain registrations.

Neither EPS+A nor EBITDA is a measurement of financial performance under generally accepted accounting principles and should not be considered an alternative to net income as a measure of performance.

When used in this press release, the words ``continue,'' ``expect,'' and similar conditional or future-oriented expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties that could cause actual results to differ materially from the possible results referred to in such forward-looking statements. Such risks and uncertainties may include, but are not limited to: financial, legal and regulatory, and other conditions and developments in the Internet and technology markets and in the general economy; the timely and successful development, and market acceptance of new products and services; the operation and accessibility of the Company's network, including third party network service providers, and of the Internet in general; the Company's successful management of growth, including acquisition of new subscribers, minimizing ``churn'' of existing subscribers, control of expenses, and growth of revenue and earnings; the Company's ability to successfully integrate businesses that it acquires; competitive conditions in the Company's industry; and other risks and uncertainties described from time to time in the Company's press releases and Securities and Exchange Commission reports and filings.

                     MINDSPRING ENTERPRISES, INC.
               Selected Financial Statement Information
                 (in thousands except per share data)

                             Three Months Ended (Unaudited)
                             ------------------------------
                            March 31,    Dec. 31,   March 31,
Statements of                 1999         1998       1998
 Operations Data:           ---------    --------   ---------
Revenues:
 Access                     $ 52,424    $ 35,143   $ 18,211
 Business services             9,204       4,391      3,173
                            --------    --------   --------
  Total revenues              61,628      39,534     21,384
                            --------    --------   --------
Costs and expenses:
 Cost of revenues             21,398      12,169      6,607
                            --------    --------   --------
  Gross margin                40,230      27,365     14,777
 General and
  administrative              19,431      12,938      7,799
 Selling                       9,771       7,147      3,053
                            --------    --------   --------
  EBITDA/a                    11,028       7,280      3,925
 Depreciation                  3,523       2,482      1,719
 Acquired customer
  base amortization           13,323       3,501      1,153
                            --------    --------   --------
  Operating income (loss)     (5,818)      1,297      1,053
Interest income
 (expense), net                  304         624       (163)
                            --------    --------   --------
  Income (loss)
   before taxes               (5,514)      1,921        890
(Provision) benefit
  for income taxes             2,210       1,756        (30)
                            --------    --------   --------
Net income (loss)           $ (3,304)   $  3,677   $    860
                            ========    ========   ========
Net income + amortization
 (excluding one-time
 4Q98 tax credit)           $  4,690    $  5,422   $  2,043
                            ========    ========   ========
Net income (loss) per share:
  Basic                     $  (0.12)   $   0.14   $   0.04
                            ========    ========   ========
  Diluted                   $  (0.12)   $   0.13   $   0.04
                            ========    ========   ========
Net income (loss) per share
(excluding one-time 4Q98
tax credit):
  Basic                     $  (0.12)   $   0.07   $   0.04
                            ========    ========   ========
  Diluted                   $  (0.12)   $   0.07   $   0.04
                            ========    ========   ========
EPS + A/b per share
 (excluding one-time 4Q98
 tax credit):
  Basic                     $   0.16    $   0.21   $   0.09
                            ========    ========   ========
  Diluted                   $   0.16    $   0.20   $   0.08
                            ========    ========   ========
Weighted average common
 shares outstanding:
  Basic                       28,601      26,287     22,635
                            ========    ========   ========
  Diluted                     30,066      27,786     24,132
                            ========    ========   ========

                          March 31,    Dec. 31,    March 31,
                            1999        1998         1998
                          ---------    --------    ---------
                        (Unaudited)               (Unaudited)
Balance Sheet Data:
Cash                    $   30,571   $  167,743   $    8,866
Current assets other
 than cash                  11,842        7,457        2,914
Property and
 equipment, net             57,593       35,841       26,091
Intangible and
 other assets              262,992       36,558        8,133
Total assets               362,998      247,599       46,004
Current liabilities        127,191       38,094       19,190
Long-term liabilities        1,752        2,424        4,429
Stockholders' equity       234,055      207,081       22,385

Other Operating Data:
Approximate number
 of subscribers at
 end of period           1,157,000      693,000      341,000
Number of employees
 at end of period            1,790          977          602

     /a EBITDA represents earnings before interest expense, income
taxes, depreciation and amortization. EBITDA is not a measurement of
financial performance under generally accepted accounting principles
and should not be considered an alternative to net income as a measure
of performance.

     /b EPS+A represents earnings per share, excluding tax-effected
amortization expense. EPS + A is not a measurement of financial
performance under generally accepted accounting principles and should
not be considered an alternative to net income as a measure of
performance.



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1999 MindSpring Enterprises, Inc.