Insider Trades - MILES MICHAEL A

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MILES MICHAEL A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Time Warner Inc. New Common Sto Director NYSE:TWX (historical quotes, profile, other insiders)	15-May-12	33,475	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
15-May-12 2 TWX Sale at $35.28 per share.
(Proceeds of $70)
15-May-12 863 TWX Option Exercise at $0 per share.
1-May-12 3,730 TWX Option Exercise at $0 per share.
1-May-12 1 TWX Sale at $37.92 per share.
(Proceeds of $37)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
15-May-12	2	TWX	Sale at $35.28 per share. (Proceeds of $70)
15-May-12	863	TWX	Option Exercise at $0 per share.
1-May-12	3,730	TWX	Option Exercise at $0 per share.
1-May-12	1	TWX	Sale at $37.92 per share. (Proceeds of $37)