PRESS RELEASE 08 June 2004

Fred D. Anderson Joins Apple Board

CUPERTINO, California - June 8th, 2004
Apple today announced that Fred D. Anderson, Apple's former executive vice president and CFO, has been elected to the Company's Board of Directors. Anderson retired on June 1st and was succeeded by Peter Oppenheimer as chief financial officer.

“Fred is widely regarded as one of the industry's leading financial experts and we want his guidance and judgement to continue benefiting Apple's shareholders”, said Steve Jobs, Apple's CEO. “Though it is currently out of vogue to add insiders to boards, Fred is the exception to the rule”.

Anderson served for more than eight years as Apple's executive vice president and chief financial officer until his retirement. He currently serves on the board of directors of eBay and E.piphany.

Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings.
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