Akamai Elects Ronald L. Graham to its Board of Directors

Contacts:
Jeff Young Media Relations Akamai Technologies 617.250.3913 jyoung@akamai.com	--or--	Steven Wolfe Investor Relations Akamai Technologies 617.250.4724 swolfe@akamai.com

Former Chief Scientist of AT&T Labs elevates role in working with Akamai management team

Cambridge, MA - August 27, 2001 - Akamai Technologies, Inc. (Nasdaq: AKAM), the leading provider of distributed application and content delivery services, today announced the election of Ronald L. Graham to its Board of Directors. Dr. Graham previously served as an Akamai Board of Advisors member, and offers a wealth of expertise and experience in computer science, mathematics, and engineering. He is currently the Irwin and Joan Jacobs Endowed Chair of Computer and Information Science at the University of California at San Diego, and former Chief Scientist for AT&T Labs.

"Akamai continues to attract world-class scientists, enterprise business leaders, and experienced Internet professionals to our management team and accompanying boards," said George Conrades, chairman and CEO, Akamai. "Ron's distinguished work in the fields of mathematics and computer science has proven to be a tremendous asset to Akamai in our continued development of infrastructure technologies for business in the Internet age."

"It's rewarding to collaborate with a technology-driven business like Akamai, which has played a significant role in transforming the Internet for the better," said Graham. "I look forward to extending my role to Akamai's Board of Directors as the company continues to innovate technologies that address the Web operations needs of businesses today."

Prior to his role as Chief Scientist for AT&T Labs, Dr. Graham served as Director of Information Sciences at AT&T Bell Laboratories for over thirty years. He has held numerous professorships in mathematics and computer science with institutions such as Rutgers University, Princeton University, and California Institute of Technology, as well as leadership positions among professional organizations including the American Mathematical Society, National Academy of Sciences, and American Association of the Advancement of Science. Dr. Graham's current mathematical interests include combinatorics, number theory, graph theory, discrete and computational geometry, and theoretical computer science, and he belongs to a number of editorial boards in these disciplines.

Dr. Graham holds a Ph.D. and Master's degree in Mathematics from the University of California at Berkeley, as well as a Bachelor's degree in Physics from the University of Alaska at Fairbanks. He has won numerous awards in the field of mathematics, including the Polya Prize in Combinatorics.

Dr. Graham joins Akamai's Board of Directors including George Conrades, chairman and CEO, Akamai; Art Bilger, vice-chairman; Tom Leighton, chief scientist, Akamai; Danny Lewin, chief technology officer, Akamai; Todd Dagres, general partner, Battery Ventures; and the recently-elected William Halter, former acting commissioner of Social Security.

About Akamai
Akamai is the leading provider of distributed application and content delivery services. These services enable companies to reduce the complexity and cost of deploying and operating a uniform Web infrastructure while ensuring unmatched performance, reliability, scalability and manageability. Akamai's services give businesses a distinct competitive advantage and provide an unparalleled Internet experience for their customers. Akamai's intelligent edge platform for content, streaming media, and application delivery comprises more than 11,600 servers within over 820 networks in 62 countries. With headquarters in Cambridge, Massachusetts, Akamai provides services to companies worldwide. For information on Delivering a Better Internet^SM, visit www.akamai.com.

Akamai Statement Under the Private Securities Litigation Reform Act
The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, general economic conditions, any material, unexpected increases in Akamai's use of funds, the dependence on Akamai's Internet content delivery service and technology products, lack of market acceptance of new services, a failure by us to successfully enter into any license, technology development or other technology partnership agreement within the time periods expected by us or at all, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.