March 10, 2003

Netflix Executives to Speak at Allen & Company Conference

LOS GATOS, Calif., March 10, 2003 — Netflix Inc. (Nasdaq: NFLX), the world’s largest online subscription-based DVD rental service, today announced that Reed Hastings CEO and co-founder, and Barry McCarthy, CFO will be featured speakers at the Allen & Company Conference in Carefree, Arizona on Tuesday, March 11, 2003.

To view the Company’s most recent investor presentation, please go to the investor relations page of the Netflix web site at http://www.netflix.com.

About Netflix

Launched in 1998, Netflix (Nasdaq: NFLX) is the world's largest online subscription-based movie rental service, providing more than 1,000,000 subscribers with access to a comprehensive library of more than 13,500 DVD titles. For $19.95 a month, Netflix subscribers can rent as many DVDs as they want, with three movies out at a time, and keep them for as long as they like. There are no due dates and no late fees. DVDs are delivered directly to the subscriber's address by first-class mail from shipping centers throughout the United States. Netflix can reach more than half of its subscribers with next-day service. The company also provides background information on DVD releases, including critic reviews, member reviews and ratings and personalized movie recommendations. For more information on the company, visit www.netflix.com.


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