Starboard Sends Letter to AOL Shareholders May 25, 2012 11:18AM

NEW YORK, May 25, 2012 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of AOL Inc. ("AOL" or the "Company") (NYSE: AOL) with current ownership of approximately 5.3% of the outstanding shares, today announced that it has delivered a letter to AOL shareholders in connection with the 2012 Annual Meeting scheduled to be held on June 14, 2012. Starboard is urging shareholders to vote the GOLD proxy card to elect its three highly qualified nominees, Dennis A. Miller, Jeffrey C. Smith, and James A. Warner, in place of incumbent directors Alberto Ibarguen, Patricia Mitchell, and James Stengel, at the Annual Meeting. The full text of the letter follows and can be also viewed at the following link: http://tinyurl.com/StarboardLettertoShareholders Dear Fellow AOL Shareholder: STARBOARD'S INTERESTS ARE DIRECTLY ALIGNED WITH SHAREHOLDERS  WE HAVE A CLEAR PLAN FOR ENHANCING VALUE AT AOL PLEASE SUPPORT IMPROVED SHAREHOLDER REPRESENTATION ON THE BOARD SIGN AND ...



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