Amazon.com (AMZN)

Amazon.com Announces Partial Redemption of 4.75% Convertible Subordinated Notes

SEATTLE—(BUSINESS WIRE)— Amazon.com, Inc. (Nasdaq:AMZN) announced that on June 9, 2008, it will redeem $500,000,000 in principal amount of its outstanding 4.75% Convertible Subordinated Notes due 2009 (“Notes”) with CUSIP numbers 023135AD8 and 023135AF3.

The Notes will be redeemed at a redemption price of 100.475% of the principal amount at maturity, plus accrued and unpaid interest from February 1, 2008 through June 8, 2008. The Notes to be redeemed will be selected by lot in accordance with the procedures of The Depository Trust Company, the registered holder of the Notes. After completion of the redemption of $500,000,000 in principal amount of the Notes, there will be approximately $399,000,000 aggregate principal amount of Notes outstanding.

The right to convert the Notes to be redeemed into common stock of Amazon.com will expire on June 6, 2008. The current conversion price of the Notes is $78.0275.

Copies of the notice of redemption may be obtained from The Bank of New York, the trustee and paying agent for the Notes, by calling Bondholder Relations at 1-800-254-2826.