Apple Names Steve Jobs Interim CEO

CUPERTINO, Calif.--Sept. 16, 1997--At its first regularly scheduled meeting last week, Apple's new Board of Directors formalized the role of Steve Jobs by naming him interim Chief Executive Officer of the Company until a new CEO is named.

At this meeting, the Board of Directors also met with its executive recruiter, John Thompson of Heidrick & Struggles, to review the status of its search for a CEO. The Board expects that a new CEO will be named before the end of the year.

Jobs, Apple's co-founder and newly appointed member of the Board, has been serving as an advisor to Apple's Board and executive management team for several months.

Apple Computer, Inc. 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 now recommitted to its original mission - to bring the best personal computing products and support to students, educators, designers, scientists, engineers, businesspersons and consumers in over 140 countries around the world.

Apple Canada Inc. is headquartered in Markham, Ontario and is a wholly-owned subsidiary of Apple Computer, Inc. Apple products are available at more than 300 Authorized Apple Canada Dealer locations across Canada.

Apple Canada's home page on the World Wide Web: http://www.apple.com/ca/.

Apple, the Apple logo, Macintosh, and PowerBook are registered trademarks of Apple Computer, Inc. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.