Custom data from Nielsen//NetRatings indicates during the fourth quarter of 2003, Musicnotes captured 93% of the online traffic in its market segment.

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This share is measured using "unique visitor" data, showing that 1.62 million unique visitors from home and work came to the www.musicnotes.com site during the fourth quarter of 2003. The data shows that 1.74 million total unique visitors came to the entire digital sheet music category during the same period. The category is defined as the traffic to three websites, Musicnotes.com, Sheetmusicdirect.com (operated by Hal Leonard Corporation and Music Sales Group) and Sunhawk.com. The data is outlined below:

Q4 2003:
Musicnotes Unique Visitors: 1,618,110
Unique Visitors to the Digital Sheet Music Category*: 1,739,930
Musicnotes' Market Share: 93%

Sequential Growth from Q3:
Musicnotes: +26%
Digital Sheet Music Category*: +18%
Musicnotes' Market Share: +6 market share points

* Digital Sheet Music Category is defined as unique visitors to the Musicnotes.com, Sheetmusicdirect.com and Sunhawk .com websites.

"The digital download market is rapidly emerging," stated Musicnotes' Chairman Tim Reiland. "We sold over 26,000 downloads in December alone, a month in which Musicnotes broke into the profit column. We will continue to aggressively build our digital library and broaden our family of products."

"We are building a loyal customer base, adding over 100,000 new customers in 2003 alone," said Musicnotes' CEO Kathleen Marsh. "These customers are telling us we are on the right track. One recent e-mail read: 'I was totally blown away with the Musicnotes Player after I bought and printed the song. This is so amazing and such a help. You better believe anytime I need music I will be buying it from you and I will also be telling anyone who needs music about you!' We will continue to work hard to keep our customers happy and satisfied," she concluded.  

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