MONEY AND COMPUSERVE UNVEIL BREAKTHROUGH PERSONAL FINANCE ON-LINE SERVICE

MONEY magazine and CompuServe Incorporated have created a partnership to
bring unprecedented personal finance services to users of on-line
technology, announced MONEY managing editor Frank Lalli and group
publisher Michael Pepe.

Titled The MONEY Personal Finance Center, the service will be available to
CompuServe Information Service members October 9, 1995. It will offer a
unique combination of content and technology to help on-line users make
the most of their financial plans.

The MONEY/CompuServe joint venture is the most comprehensive package of
personal finance and investing tools now available from any on- line
service.

"Taking advantage of on-line technology is the next logical step in
achieving MONEY's mission--to help people take control of their financial
lives," said Lalli. "This is also a natural extension of the magazine, one
that will help our editors address users' individual needs for timely
financial information and advice."

Added Bryce Hooker, CompuServe's director of financial products: "This will
offer our members the most extensive, practical and intuitive personal
finance service in the on-line industry. It will help consumers make more
educated financial decisions, and it will be easier than ever before. We
are offering more than just another publication on-line. Combining MONEY's
content and expertise with CompuServe's technology and existing value is a
perfect match."

The MONEY Personal Finance Center will enable CompuServe members to tap
into MONEY's vast resources, communicate directly with the magazine's
editors, receive timely performance updates on stocks, mutual funds and
personal portfolios and make trades through brokerage accounts. In
addition, members will have immediate access to CompuServe's extensive
financial services, including on-line areas such as the Investors' Forum;
the popular FundWatch mutual fund performance database, which has been
sponsored by MONEY since 1990; and a new stock-screening tool created
expressly for the service that will let users choose stocks that meet
fundamental criteria they specify.

"The MONEY Personal Finance Center will bring together our tremendous
editorial and marketing resources with CompuServe's leadership position in
on-line services and technologies," noted Pepe. "This product offers us a
unique opportunity to use interactive technology to maximize the reach and
value of our product." For example, the service will let members calculate
how much mortgage they can afford, find the best loan rates in their area,
track credit card and savings interest rates and participate in personal
finance forums and conferences. Moreover, Pepe said, unique MONEY content,
including daily personal finance news, interactive articles and a weekly
cover story, will add value to the area.

MONEY will also debut a new message board on CompuServe called the MONEY
Personal Finance Forum, that will offer members the opportunity to chat
on-line with one another and with guest experts, about every aspect of
their finances.

To reach the new service, CompuServe members may either click on the
"Finance" button at the main CompuServe menu, or type "GO MONEY."

MONEY is the nation's largest financial publication, with a rate-base
circulation of 1.9 million and a total readership of more than 9.3
million, according to the latest MRI audience survey.

CompuServe is an H&R Block company.

Founded in 1955, H&R Block, a diversified services company, is the world's
leading tax preparation and on-line information services company.
CompuServe operates the most comprehensive network in the world, providing
on- line services to more than 3.6 million members in more than 140
countries and network services to more than 850 corporate customers
worldwide. H&R Block Tax Services provided tax-related services for almost
one in every seven returns filed with the IRS in 1995, and served 17.1
million taxpayers in more than 9,500 offices worldwide.
 
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