NASDAQ Approves Akamai's Transfer of Stock Listing to the NASDAQ Small Cap Market


Contacts:
 
Jeff Young
Media Relations
Akamai Technologies, Inc.
(617) 444 - 3913
jyoung@akamai.com
--or-- J.C. Raby
Investor Relations
Akamai Technologies, Inc.
(617) 444 - 2555
jraby@akamai.com


Akamai will begin trading on The Nasdaq SmallCap Market effective at the opening of business on Tuesday, September 3, 2002

Cambridge, MA - August 30, 2002 - Akamai Technologies, Inc. (Nasdaq: AKAM), the leading provider of edge computing solutions, delivering secure content and distributed applications across the Internet, intranets, and extranets, today announced that its request to transfer from The Nasdaq National Market to The Nasdaq SmallCap Market has been approved, effective at the opening of business on Tuesday, September 3, 2002. Akamai's common stock will continue trading under its current symbol: AKAM.

About Akamai
Akamai is the leading provider of edge computing solutions, delivering secure content and distributed applications across the Internet, intranets, and extranets. These solutions enable customers to achieve optimal results from their e-business initiatives, thereby reducing the cost of ownership, improving return on investment, and creating new revenue streams. Akamai's globally distributed edge computing platform comprises more than 12,900 servers in more than 1,000 networks in 66 countries, ensuring the highest levels of availability, reliability, and performance. Headquartered in Cambridge, Massachusetts, Akamai provides services and world-class customer care to hundreds of successful enterprises, government entities, and leading e-businesses worldwide. For more information, visit www.akamai.com.

Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, general economic conditions, the dependence on Akamai's Internet content delivery service and technology products, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.