Insider Trades - MELTON CAROL A

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MELTON CAROL A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
TIME WARNER INC NEW Officer NYSE:TWX (historical quotes, profile, other insiders)	1-Jul-09	6,710	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
1-Jul-09 4,148 TWX Option Exercise at $0 per share.
1-Jul-09 1 TWX Sale at $25.34 per share.
(Proceeds of $25)
1-Jul-09 1,449 TWX Disposition (Non Open Market) at $25.34 per share.
(Value of $36,717)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
1-Jul-09	4,148	TWX	Option Exercise at $0 per share.
1-Jul-09	1	TWX	Sale at $25.34 per share. (Proceeds of $25)
1-Jul-09	1,449	TWX	Disposition (Non Open Market) at $25.34 per share. (Value of $36,717)