Akamai Announces Executive Succession Effective April 1, 2005

Akamai Technologies, Inc. (www.akamai.com) today announced that George Conrades, 65, will become Executive Chairman of Akamai, effective April 1, 2005, the sixth anniversary of his tenure as Chairman and Chief Executive Officer.

The Akamai Board of Directors has elected Paul Sagan, 45, currently President of Akamai, to succeed Conrades as CEO. Sagan, who will continue to hold the title of President, also was elected to the Company's Board of Directors, which has been expanded to 10 members.

"We've made significant progress since our founding in 1998, developing unique technology and a global infrastructure, and then reaching profitability and positive cash flow," said Conrades.

"I'm very proud of what we've accomplished, and I'm even more excited about the opportunities ahead. We've built an enviable customer base, developed an industry-leading platform for the delivery of content and applications, and attracted the best and the brightest employees from around the world."

Conrades continued, "This is the right time to transition to the next generation of Akamai leadership. We have a great management team in place, and I join in the Board's unanimous support and confidence in Paul's ability to continue driving Akamai's growth.

Conrades' tenure at Akamai is notable for the Company's emergence as a pioneer in the development of the Internet as a crucial medium for conducting business. Joining Akamai in 1999, Conrades' executive management experience and leadership have been instrumental to the commercial success of Akamai's content delivery service.

"Under George's leadership, Akamai successfully leveraged its industry-leading technology to revolutionize how companies utilize the Internet for competitive advantage," said Martin Coyne II, Lead Director of the Akamai Board.

As a senior executive since Akamai's founding, first as Chief Operating Officer in 1998 and then as President beginning in 1999, Sagan has been a member of the executive team for the company's entire history.

Prior to joining Akamai, Sagan was Senior Advisor to the World Economic Forum, consulting to the Geneva-based organization on information technologies issues. He has also held executive management positions as President and Editor of Time Inc.