CLASS ACTION

STIPULATION AND [PROPOSED] ORDER CONSOLIDATING RELATED ACTIONS

CHARLES R. BREYER, District Judge.

WHEREAS, on August 18, 2011, the Court entered an Order relating two securities class actions pending in this District pursuant to N.D. Cal. Civil. L.R. 3-12(a): Bonato v. Yahoo! Inc., No. 11-cv-02732-CRB (filed on June 6, 2011) and Twin City Pipe Trades Pension Trust v. Yahoo! Inc., No. 11-cv-03870-CRB (filed on August 5, 2011) (collectively, the "Related Actions");

WHEREAS, the Private Securities Litigation Reform Act of 1995 requires district courts to address consolidation before appointing a lead plaintiff (see 15 U.S.C. § 78u-4(B)(ii)), which motions are scheduled to be heard on October 14, 2011 at 10:00 a.m.;

WHEREAS, the parties believe that the Related Actions should be consolidated pursuant to Rule 42(a) of the Federal Rules of Civil Procedure because they involve common questions of law and fact; indeed, the Related Actions involve the same parties, events, and claims under the federal securities laws; and

WHEREAS, the parties believe consolidation of the Related Actions would serve the interests of judicial and litigant economy and avoid the potential for conflicting rulings.

THEREFORE, IT IS HEREBY STIPULATED AND AGREED by plaintiffs and defendants, through their respective counsel of record, that the Related Actions should be consolidated as In re Yahoo! Inc. Securities Litigation, Master File No. 11-cv-02732-CRB, and all documents should be filed only in Master File No. 11-cv-02732-CRB.

IT IS SO STIPULATED.

I, Christopher P. Seefer, am the ECF User whose ID and password are being used to file this Stipulation and [Proposed] Order Regarding Administrative Motion to Relate Cases. In compliance with General Order 45, X.B., I hereby attest that Mark R.S. Foster has concurred in this filing.

ORDER

PURSUANT TO STIPULATION, IT IS SO ORDERED.