Netflix to Webcast Annual Shareholder Meeting

Netflix to Webcast Annual Shareholder Meeting

LOS GATOS, Calif., May 10 /PRNewswire-FirstCall/ -- Netflix Inc. (NASDAQ:NFLX) today announced it will host a live webcast of its Annual Meeting of Shareholders on Wednesday, May 11, 2005 which is scheduled to begin at approximately 10:00 a.m. (PT).

The live webcast of the meeting can be accessed from the investor relations page of the Netflix web site at http://ir.netflix.com/ . A replay of the webcast will also be available from the investor relations page of the Netflix web site.

About Netflix

Netflix is the world's largest online movie rental service, providing more than three million subscribers access to over 40,000 DVD titles. Under the company's most popular program, for $17.99 a month, Netflix subscribers rent as many DVDs as they want and keep them as long as they want, with three movies out at a time. There are no due dates, no late fees and no shipping fees. DVDs are delivered for free by the USPS from regional shipping centers located throughout the United States. Netflix can reach nearly 90 percent of its subscribers with generally one business-day delivery. Netflix offers personalized movie recommendations to its members and has more than 500 million movie ratings. Netflix also allows members to share and recommend movies to one another through its Friends(TM) feature. For more information, visit www.netflix.com

Source: Netflix

CONTACT: Deborah Crawford, Director of Investor Relations,
+1-408-317-3712, or Ken Ross, VP, Corporate Communications, +1-408-317-3931,
both of Netflix

Web site: http://www.netflix.com/

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