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Netflix Fourth Quarter Earnings Webcast

Netflix will host a webcast to discuss its fourth quarter 2004 financial results and business outlook on Monday, January 24, 2005 at 2:00 p.m. Pacific Time.

This follows the release of the Company's quarterly financial results. Reed Hastings, CEO and co-founder and Barry McCarthy, CFO will host the call.

A live webcast of the call will be available on the investor relations section of the Netflix website. Following completion of the call, a recorded replay of the webcast will be available on the website. For those without access to the Internet, a replay of the call will be available beginning at 5:00 p.m. Pacific Time on January 24, 2005 through January 31, 2005. To listen to a replay, call (719) 457-0820, access code 622676.

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