Summary of TIME WARNER INC.

Item 5.07 Submission of Matters to a Vote of Security Holders.

The final results of voting on each of the matters submitted to a vote of security holders at Time Warner Inc.'s (the "Company") Annual Meeting of Stockholders held on May 15, 2012 are as follows.

                                                                         Broker
                                  For        Against     Abstentions   Non-Votes

1.   Election of Directors:
     James L. Barksdale       749,652,399   11,243,095     1,477,153   76,285,953

     William P. Barr          693,988,795   67,840,964       542,888   76,285,953

     Jeffrey L. Bewkes        730,512,652   26,544,570     5,315,425   76,285,953

     Stephen F. Bollenbach    686,752,999   75,089,949       529,699   76,285,953

     Robert C. Clark          745,724,515   10,562,890     6,085,242   76,285,953

     Mathias Döpfner          688,399,240   72,428,956     1,544,451   76,285,953

     Jessica P. Einhorn       755,664,933    5,186,924     1,520,790   76,285,953

     Fred Hassan              747,799,686   13,053,469     1,519,492   76,285,953

     Kenneth J. Novack        734,465,931   26,347,203     1,559,513   76,285,953

     Paul D. Wachter          756,369,378    4,269,204     1,734,065   76,285,953

     Deborah C. Wright        756,688,641    4,117,288     1,566,718   76,285,953



     Under the Company's
     By-laws, each of the
     directors was
     elected, having
     received "for" votes
     from a majority of
     the votes duly cast
     by the holders of the
     outstanding shares of
     the Company's common
     stock, par value
     $0.01 per share (the
     "Common Stock"), with
     respect to such
     director.

                                 For        Against    Abstentions

2.   Ratification of
     appointment of Ernst
     & Young LLP as
     independent auditors    827,835,573   9,784,069    1,038,958

     The appointment of
     Ernst & Young LLP was
     ratified, having
     received "for" votes
     from a majority of
     the votes duly cast
     by the holders of
     Common Stock.

                                                                          Broker
                                 For         Against     Abstentions    Non-Votes

3.   Advisory vote to
     approve named
     executive officer
     compensation            600,589,768   156,573,244    5,207,861     76,287,727

     The proposal was
     approved, on an
     advisory basis,
     having received "for"
     votes from a majority
     of the votes duly
     cast by the holders
     of Common Stock.
                                                                          Broker
                                 For         Against     Abstentions    Non-Votes

4.   Stockholder proposal
     regarding shareholder
     action by written
     consent                 352,892,769   407,319,425    2,160,453     76,285,953

     Under the Company's
     By-laws, the proposal
     failed, having
     received "for" votes
     from less than a
     majority of the votes
     duly cast by the
     holders of Common
     Stock.