IAC/InterActiveCorp Q3 2004 Earnings Supplemental Financial Information, Metrics and Operating Highlights

Table of Contents

Page(s) Financial Information: Segment Results 2 - 4

Operating Metrics: Gross Transaction Value & International Revenue 5 IAC Travel 6 Electronic Retailing 7 Ticketing and Personals 8 Financial Services & Real Estate 9 Operating Highlights 10 IAC/InterActiveCorp Segment Results and Reconciliations ($ in millions, rounding differences may exist) 2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Revenue IAC Travel (a) (b)$ 1,599.4 $ 545.1 $ 653.4 $ 734.3 $ 677.4 $ 2,610.1 $ 494.0 $ 555.5 $ 570.5 Electronic Retailing: HSN U.S. (c) 1,613.2 415.0 404.4 423.0 521.3 1,763.7 467.8 438.2 437.1 HSN International 309.0 115.2 122.8 103.0 125.7 466.7 120.2 108.0 107.7 Total Electronic Retailing 1,922.2 530.2 527.1 526.0 647.1 2,230.4 588.0 546.2 544.7 Ticketing 655.3 195.1 187.5 177.6 183.0 743.2 202.3 195.1 182.0 Personals 125.8 40.9 48.2 48.3 47.9 185.3 48.8 48.5 49.7 IAC Local and Media Services 30.8 8.4 45.2 29.2 147.5 230.3 32.1 51.5 51.1 Financial Services and Real Estate - - - 24.4 31.4 55.8 39.7 44.6 47.9 Teleservices 294.1 70.8 69.5 75.8 78.2 294.3 71.8 72.5 74.5 Intersegment Elimination (11.3) (3.7) (4.4) (5.2) (7.9) (21.3) (6.0) (12.8) (15.4) Total Revenue $ 4,616.4 $ 1,386.7 $ 1,526.5 $ 1,610.3 $ 1,804.6 $ 6,328.1 $ 1,470.7 $ 1,501.2 $ 1,505.1

Operating Income Before Amortization IAC Travel (b)$ 279.8 $ 103.7 $ 132.5 $ 137.5 $ 150.2 $ 523.8 $ 127.6 $ 170.6 $ 174.9 Electronic Retailing: HSN U.S. (c) (d) 131.4 30.6 39.8 40.8 57.0 168.3 41.6 41.6 43.1 HSN International (e) (61.6) 15.0 6.8 1.9 9.0 32.6 4.7 5.0 9.3 Total Electronic Retailing 69.8 45.6 46.6 42.7 66.0 200.9 46.3 46.6 52.4 Ticketing 108.1 41.4 36.1 32.3 34.6 144.5 46.8 46.7 32.5 Personals (f) 28.4 2.7 10.2 9.8 8.3 31.0 6.3 9.5 4.5 IAC Local and Media Services (32.3) (6.8) (4.3) (17.5) 54.8 26.2 (13.6) (12.0) (4.6) Financial Services and Real Estate - - - 2.9 (1.7) 1.2 3.1 5.6 6.5 Teleservices (g) (4.1) 1.9 1.7 2.3 6.6 12.5 3.2 4.2 5.9 Interactive Development (2.6) (1.1) (1.2) (0.8) (0.8) (3.8) (1.0) (1.8) (1.2) Corporate expense and other adjustments (55.5) (13.3) (18.2) (17.6) (26.4) (75.5) (21.7) (19.3) (18.0) Intersegment Elimination (2.4) (0.3) (0.5) - - (0.8) 0.4 - - Total Operating Income Before Amortization $ 389.1 $ 173.9 $ 202.9 $ 191.7 $ 291.5 $ 860.1 $ 197.6 $ 250.1 $ 252.9

Amortization, merger costs and pro forma adjustments (h) IAC Travel$ 101.9 $ 33.8 $ 43.8 $ 57.4 $ 41.9 $ 176.9 $ 42.9 $ 41.2 $ 40.9 Electronic Retailing: HSN U.S. 32.6 12.2 12.2 13.2 13.2 50.8 13.2 13.2 13.2 HSN International 0.7 0.4 0.3 0.3 0.3 1.3 0.3 0.3 0.3 Total Electronic Retailing 33.3 12.5 12.5 13.6 13.6 52.1 13.6 13.6 13.6 Ticketing 11.1 7.1 7.9 7.7 5.3 28.0 6.2 6.2 7.2 Personals 5.8 2.1 2.6 5.4 6.8 16.9 3.5 1.7 1.7 IAC Local and Media Services 54.0 12.6 14.9 13.8 14.3 55.6 14.2 15.8 13.5 Financial Services and Real Estate - - - 7.8 9.9 17.7 6.6 6.8 6.7 Teleservices (g) 22.2 ------Interactive Development 2.9 1.1 1.1 - - 2.1 - 0.3 0.2 Corporate expense and other adjustments 9.4 5.7 8.4 75.2 21.1 110.5 68.1 54.4 57.0 Intersegment Elimination (4.1) ------Total amortization, merger costs and pro forma adj. $ 236.5 $ 75.0 $ 91.1 $ 180.9 $ 112.9 $ 459.9 $ 155.0 $ 140.0 $ 140.9

2 IAC/InterActiveCorp Segment Results and Reconciliations ($ in millions, rounding differences may exist) 2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

Operating income IAC Travel (b)$ 177.9 $ 69.9 $ 88.7 $ 80.1 $ 108.3 $ 347.0 $ 84.7 $ 129.3 $ 134.0 Electronic Retailing: HSN U.S. (c) (d) 98.7 18.5 27.7 27.6 43.8 117.5 28.4 28.3 29.9 HSN International (e) (62.3) 14.6 6.5 1.6 8.7 31.3 4.4 4.7 9.0 Total Electronic Retailing 36.4 33.1 34.1 29.1 52.4 148.8 32.8 33.0 38.9 Ticketing 96.9 34.3 28.2 24.7 29.2 116.5 40.7 40.5 25.2 Personals (f) 22.6 0.6 7.6 4.4 1.5 14.1 2.8 7.8 2.8 IAC Local and Media Services (86.3) (19.4) (19.2) (31.3) 40.5 (29.4) (27.8) (27.8) (18.1) Financial Services and Real Estate - - - (4.9) (11.6) (16.5) (3.6) (1.2) (0.2) Teleservices (g) (26.4) 1.9 1.7 2.3 6.6 12.5 3.2 4.2 5.9 Interactive Development (5.4) (2.1) (2.2) (0.8) (0.8) (5.9) (1.0) (2.1) (1.4) Corporate expense and other adjustments (64.9) (19.0) (26.6) (92.8) (47.6) (186.0) (89.7) (73.7) (75.1) Intersegment Elimination 1.7 (0.3) (0.5) - - (0.8) 0.4 - - Total operating income $ 152.6 $ 99.0 $ 111.8 $ 10.9 $ 178.6 $ 400.2 $ 42.6 $ 110.1 $ 112.0

Other income, net (i) (39.4) (229.6) 26.3 32.8 32.7 (137.8) 31.8 43.8 30.4 Earnings (loss) from continuing operations before 113.2 (130.6) 138.0 43.7 211.3 262.4 74.4 154.0 142.4 income taxes and minority interest Income tax benefit (expense) (65.1) 54.2 (51.7) (13.1) (60.1) (70.7) (29.2) (59.5) (44.4) Minority interest (46.1) (25.7) (28.4) (8.3) (2.6) (65.0) (1.4) (2.9) (6.4) Earnings (loss) from continuing operations 2.0 (102.2) 57.9 22.3 148.6 126.7 43.8 91.6 91.5 Gain on VUE transaction 2,378.3 ------Discontinued operations (j) 34.2 (4.6) 38.3 (0.3) 7.5 40.7 (2.3) (18.4) 1.2 Earnings (loss) before cum. effect of acc'g change 2,414.5 (106.8) 96.2 22.0 156.0 167.4 41.5 73.2 92.7 Cumulative effect of accounting change (461.4) ------Earnings (loss) before preferred dividend 1,953.1 (106.8) 96.2 22.0 156.0 167.4 41.5 73.2 92.7 Preferred dividend (11.8) (3.3) (3.3) (3.3) (3.3) (13.1) (3.3) (3.3) (3.3) Net income (loss) available to common shareholders $ 1,941.3 $ (110.1) $ 92.9 $ 18.7 $ 152.8 $ 154.3 $ 38.3 $ 69.9 $ 89.5

Reconciliation of Net Income to Adjusted EPS Net Income$ 1,941.3 $ (110.1) $ 92.9 $ 18.7 $ 152.8 $ 154.3 $ 38.3 $ 69.9 $ 89.5 Amortization of distribution and marketing expense 37.3 10.5 12.7 21.5 6.7 51.4 6.3 4.7 3.3 Amortization of compensation expense 15.6 10.2 14.4 81.6 22.0 128.2 69.0 55.3 57.8 Amortization of intangibles and goodwill 145.7 52.2 55.6 76.9 83.9 268.5 79.7 79.9 79.8 Goodwill impairment 22.2 ------Merger costs (h) 7.9 2.1 8.4 0.9 0.3 11.8 - - - Gain on contribution of of USA Entertainment to VUE, net of tax (2,378.3) ------Discontinued operations, net of tax (j) (34.2) 4.6 (38.3) 0.3 (7.5) (40.7) 2.3 18.4 (1.2) Cumulative effect of accounting change 461.4 ------Equity gains (losses) in VUE (i) (6.1) 243.3 (4.3) (12.2) (2.4) 224.5 0.4 (11.0) (0.6) Impact of pro forma adjustments, income taxes and minority interest (k) 14.4 (98.2) (3.8) (58.1) (30.9) (191.0) (57.7) (46.3) (50.8) Add back of preferred dividend - - 3.3 - 3.3 13.1 3.3 3.3 3.3

Adjusted Net Income$ 227.3 $ 114.6 $ 141.0 $ 129.6 $ 228.2 $ 620.0 $ 141.4 $ 174.2 $ 181.0

Adjusted EPS weighted average shares outstanding (l) 692.9 699.2 766.1 785.6 790.3 770.1 777.5 776.5 760.8

Adjusted EPS $ 0.33 $ 0.16 $ 0.18 $ 0.17 $ 0.29 $ 0.81 $ 0.18 $ 0.22 $ 0.24

3 IAC/InterActiveCorp Segment Results and Reconciliations ($ in millions, rounding differences may exist) 2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Supplemental: Depreciation by segment IAC Travel $ 22.9 $ 9.4 $ 9.6 $ 15.5 $ 4.8 $ 39.4 $ 10.0 $ 10.1 $ 10.6 Electronic Retailing: HSN U.S. 53.0 11.7 11.2 10.9 10.5 44.3 10.2 10.2 10.4 HSN International 7.5 2.8 2.8 2.7 3.3 11.4 2.9 2.9 3.1 Total Electronic Retailing 60.5 14.5 14.0 13.6 13.7 55.8 13.1 13.1 13.5 Ticketing 29.1 7.7 7.3 7.2 8.1 30.3 7.3 7.7 8.6 Personals 7.7 2.1 2.9 3.7 2.1 10.7 3.3 3.3 3.4 IAC Local and Media Services 7.6 1.1 1.1 1.7 1.8 5.7 1.8 2.0 1.8 Financial Services and Real Estate - - - 0.4 0.8 1.2 0.9 0.9 0.8 Teleservices 35.9 5.5 5.6 7.2 5.2 23.5 4.8 4.6 4.3 Interactive Development - (0.0) 0.0 0.0 0.0 0.0 0.0 0.0 - Corporate expense and other adjustments 7.0 1.8 1.1 1.2 1.6 5.8 1.3 1.3 1.5 Intersegment Elimination ------Total Depreciation $ 170.8 $ 42.2 $ 41.7 $ 50.5 $ 38.1 $ 172.5 $ 42.5 $ 43.1 $ 44.6

(a) As part of the integration of IACT's businesses, Hotels.com conformed its merchant hotels business practices with those of the other IACT businesses. As a result, beginning January 1, 2004, IAC commenced reporting revenue for Hotels.com on a net basis, consistent with Expedia's historical practice. Prior period results were not restated for GAAP purposes; see page 6 of this document for a presentation of prior year results as though they had also been reported on a net basis. There was no impact to operating income or Operating Income Before Amortization from the change in reporting. (b) In Q4 2003, IAC Travel reversed reserves related to certain estimated supplier liabilities of $22.4 million. The reversal followed a reassessment of the Company's estimation of such liabilities based on historical experience and additional empirical evidence gathered during the quarter. (c) HSN U.S. includes results from IDL, which was previously included in HSN International. HSN U.S. revenue is shown net of disengagement related sales rebates. (d) As noted in previous filings, the majority of the USAB stations sold to Univision were located in the largest markets in the country and aired HSN on a 24-hour basis. As of January 2002, HSN switched its distribution in these markets directly to cable carriage. As a result, HSN incurred incremental costs to obtain carriage lost in the disengagement markets and conduct marketing activities to inform viewers of new channel positioning for the HSN service. Higher incremental costs were incurred in 2002, so disengagement costs were presented separately from HSN results when comparing 2003 results to 2002. Comparable costs are expected to be incurred in 2004 in relation to 2003, and HSN's results are presented including disengagement costs in each period. (e) HSN International includes a $31.4 million charge in Q3 2002 related to the shut-down of HSN's operations in Italy and charges of $17.8 million in Q2 2002 related to the shutdown of HSN' language service. (f) Personals includes charges of $1.4 million in Q4 2003 related to the final restructuring charge for the closure of uDate's back office in the UK, which is now combined with the back office of Match International. (g) Teleservices included in Q2 2002 charges of $9.3 million related principally to the closure of certain of PRC's call centers as well as $22.2 million of goodwill impairment, and in Q4 2002 a reversal of $5.9 million due to a favorable outcome related to the closure of a call center and excess purchase accounting reserve. (h) Merger costs incurred by Expedia, Hotels.com and Ticketmaster in 2003 for investment banking, legal and accounting fees were related directly to the mergers and are treated as non-recurring for calculating Operating Income before Amortization and Adjusted Net Income. These costs were incurred solely in relation to the mergers, but may not be capitalized since Expedia, Hotels.com and Ticketmaster were considered the targets in the transaction for accounting purposes. These costs do not directly benefit operations in any manner, would not normally be recorded by IAC if not for the fact it already consolidated these entities, and are all related to the same transaction, as IAC simultaneously announced its intention to commence its exchange offer for the companies in 2002. The majority of costs are for advisory services provided by investment bankers, and the amounts incurred in 2003 were pursuant to the same fee letters entered into by each company in 2002. Given these factors, IAC believes it is appropriate to consider these costs as one-time. Operating Income before Amortization by segment is presented before one-time items. Pro forma adjustments to 2002 represent the impact of IAC's initial acquisition of a majority stake in Expedia which occurred in February 2002. (i) In Q1 2003, IAC took a charge of $245 million pretax and $149 million after-tax, or $.29 per diluted share, in connection with VUE's $4.5 billion impairment charge of which IAC recorded its 5.44% proportionate interest. (j) Discontinued operations consists of the results of USA Entertainment, Avaltus and ECS/Styleclick in 2002 and the results of Avaltus and ECS/Styleclick in 2003 & Q1 2004, Q2 2004 and Q3 2004. Discontinued operations in Q2 2003 included a $37 million tax benefit related to the shut-down of Styleclick (k) Pro forma adjustments represent the impact of the merger with Ticketmaster, which closed January 17, 2003, the merger with Hotels.com, which closed June 23, 2003, and the merger with Expedia, which closed August 8, 2003. Also included is the impact of these transactions on shares outstanding. (l) For Adjusted EPS purposes, the impact of RSUs is based on weighted average amount of RSUs outstanding, as compared with shares outstanding for GAAP purposes, which includes RSUs on a treasury method basis.

4 IAC/InterActiveCorp Gross Transaction Value and International Revenue $ in millions

2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

Total Gross Transaction Value ("GTV") $12,941 $4,166 $4,433 $4,510 $4,584 $17,692 $5,577 $5,371 $5,208

Interactive GTV (a) $10,631 $3,567 $3,852 $3,951 $3,866 $15,237 $5,017 $4,857 $4,748 % of Total 82% 86% 87% 88% 84% 86% 90% 90% 91%

Internet GTV (b) $8,713 $2,985 $3,273 $3,382 $3,233 $12,874 $4,370 $4,312 $4,188 % of Total 67% 72% 74% 75% 71% 73% 78% 80% 80%

International GTV $1,853 $703 $801 $813 $861 $3,178 $1,159 $1,044 $1,172 % of Total 14% 17% 18% 18% 19% 18% 21% 19% 23%

International Revenue (c) $500 $205 $239 $229 $259 $932 $259 $251 $284 % of Total 11% 15% 16% 14% 14% 15% 18% 17% 19%

(a) Interactive GTV is defined as GTV which was generated from the TV or PC from Expedia, Hotels.com, Hotwire, Interval, TV Travel Shop, HSN, HSN.com, Ticketmaster.com, Personals, EPI.com, TripAdvisor, ServiceMagic and LendingTree. (b) Internet GTV is defined as GTV which was generated online from Expedia, Hotels.com, Hotwire, Interval, HSN.com, Ticketmaster.com, Personals, EPI.com, TripAdvisor, ServiceMagic and LendingTree. (c) International revenues are determined by geographic point of sale. Periods prior to 2004 reflect Hotels.com reported on a gross basis.

The financial, statistical and other information contained herein is unaudited. Pro forma for 2002 Expedia transaction.

5 IAC/InterActiveCorp

IAC Travel

2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

Gross Bookings by Geography (mm) (a) (b) Domestic$ 5,942 $ 2,001 $ 2,254 $ 2,311 $ 2,070 $ 8,636 $ 2,859 $ 2,831 $ 2,685 International 621 302 326 390 354 1,372 630 560 692 Total$ 6,563 $ 2,303 $ 2,580 $ 2,701 $ 2,424 $ 10,008 $ 3,489 $ 3,390 $ 3,377

Net Revenue by Geography (mm) (a) (c) Domestic$ 857 $ 306 $ 362 $ 396 $ 384 $ 1,448 $ 413 $ 466 $ 458 International 85 45 52 65 61 223 81 89 112 Total$ 942 $ 351 $ 413 $ 461 $ 445 $ 1,670 $ 494 $ 556 $ 570

Gross Bookings by Brand (mm) (a) (b) Expedia$ 5,288 $ 1,802 $ 2,046 $ 2,147 $ 1,914 $ 7,908 $ 2,672 $ 2,636 $ 2,647 Hotels.com 1,067 344 403 424 337 1,508 494 470 461 Other 208 157 131 130 173 591 323 285 269 Total$ 6,563 $ 2,303 $ 2,580 $ 2,701 $ 2,424 $ 10,008 $ 3,489 $ 3,390 $ 3,377

Gross Bookings by Agency/Merchant (mm) (a) (b) Agency$ 4,058 $ 1,318 $ 1,496 $ 1,584 $ 1,417 $ 5,814 $ 1,895 $ 1,928 $ 1,917 Merchant 2,506 985 1,084 1,117 1,007 4,194 1,594 1,462 1,460 Total$ 6,563 $ 2,303 $ 2,580 $ 2,701 $ 2,424 10,008$ 3,489 $ 3,390 $ 3,377

Packages Revenue (mm) (a)$ 169 $ 60 $ 77 $ 88 $ 82 $ 307 $ 104 $ 111 $ 112 Number of Transactions (mm) (a) (d) 18.0 5.7 6.7 7.3 6.5 26.2 8.2 8.5 9.2 Merchant hotel room nights (mm) (a) (e) 16.7 5.1 6.6 7.8 6.8 26.3 7.0 8.3 9.1

Interval Members (000s) N/A 1,522 1,547 1,578 1,594 1,594 1,622 1,651 1,681 Confirmations (000s) N/A 225 202 190 175 792 266 211 204 Share of confirmations online N/A 13.2% 12.3% 15.7% 17.0% 14.4% 17.2% 17.5% 20.2%

(a) Pro forma for Expedia as of January 1, 2002 and includes actual results for TVTS, Interval and Hotwire which IAC acquired on May 1, 2002, September 24, 2002, and November 5, 2003, respectively. (b) Total retail value of transactions booked during a specified time period, including taxes and fees, for both agency and merchant transactions. (c) Represents revenue as if Hotels.com revenue was presented on a net basis for all periods. Please see page 4, footnote (a) for detailed explanation. (d) Transactions are reported as booked (e) Merchant hotel room nights are reported as stayed for Expedia and Hotels.com, and booked for Hotwire.

The financial, statistical and other information contained herein is unaudited.

6 IAC/InterActiveCorp Electronic Retailing In millions except per unit

2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 HSN- U.S.

Units shipped (a) 39.7 10.3 9.8 9.8 11.7 41.6 10.1 9.5 9.2

Gross profit % 37.1% 36.5% 38.6% 37.7% 36.1% 37.1% 36.4% 38.0% 38.2%

Return rate 18.5% 18.0% 18.3% 17.5% 17.3% 17.7% 16.8% 16.9% 15.5%

Product mix (b): Home Hard Goods 27% 25% 24% 27% 35% 28% 27% 25% 27% Home Fashions 11% 14% 12% 14% 12% 13% 14% 13% 16% Jewelry 25% 23% 25% 23% 23% 23% 17% 22% 19% Health/Beauty 22% 25% 25% 26% 22% 24% 31% 28% 26% Apparel/Accessories 15% 13% 14% 10% 8% 12% 11% 13% 11%

Average Price Point $44.71 $44.16 $45.30 $47.65 $49.05 $46.62 $51.02 $50.22 $51.50

HSN total homes (end of period) (c) 78.8 79.5 79.2 79.7 81.2 81.2 83.3 84.1 85.0

HSN FTEs (end of period) (c)(d) 68.7 69.8 69.8 70.2 71.5 71.5 72.8 73.4 73.9

America's Store FTE's (end of period) 9.0 9.6 8.8 13.9 14.2 14.2 13.7 14.2 14.7

HSN.com % of Sales 12% 14% 14% 14% 15% 14% 15% 15% 16%

HSN International (Households as of end of period) 2002 2003 2004 (ownership % as of 9/30/04 in parentheses) FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

HSE Germany (includes Austria and Switzerland) (90%) 30.8 30.9 31.4 31.9 32.0 32.0 32.9 33.0 33.1 TVSN (China) (21%) 64.0 64.0 64.0 64.0 64.0 64.0 64.0 64.0 64.0 Shop Channel (Japan) (30%) 14.4 14.9 15.5 15.9 16.1 16.1 16.6 17.0 17.4 Euvia:(e) Euvia Travel (49%) 23.4 24.2 24.2 24.1 24.3 24.3 26.4 26.2 26.3 Neun Live (49%) 26.9 27.7 27.6 27.6 27.8 27.8 32.0 32.5 32.6

All HSN-U.S. metrics have been restated to include results from IDL in HSN-U.S. which had previously been included in HSN International & Other. (a) Units do not include Liquidation and services. (b) In Q1 2004, HSN reclassified certain items in its product mix. Product Mix includes TV, .com and Continuity only. All prior periods have been adjusted to show comparable numbers. (c) Not pro forma for disengagement of broadcast stations due to the sale of USA Broadcasting to Univision (closed August 2001), which resulted in a net loss of 8.1 mm homes and 4.2 mm FTEs. (d) FTEs (full-time equivalents) reflect a 50% weighting of DBS homes, in order to more accurately reflect the actual performance of these subs and adjust for the impact of their significant growth as a percentage of total HSN distribution. (e) FTE's in certain historical periods have been restated due to a more accurate assessment of total households.

The financial, statistical and other information contained herein is unaudited.

7 IAC/InterActiveCorp

Ticketing In millions 2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

Number of tickets sold 95.1 27.1 24.1 23.8 25.0 100.0 26.7 23.3 22.6

Gross value of tickets sold $4,288 $1,265 $1,199 $1,148 $1,255 $4,867 $1,326 $1,270 $1,103

Home Hard Goods

Personals (a) (in 000's) 2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

Paid Subscribers 724.8 766.6 857.5 909.9 939.4 939.4 1,011.7 997.6 989.8

(a) The operating metrics include the paid subscribers from Soulmates and uDate as of the acquisition dates of April 12, 2002 and April 4, 2003 respectively.

The financial, statistical and other information contained herein is unaudited.

8 IAC/InterActiveCorp

Financial Services & Real Estate

2002 2003 2004 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31 Q1 Q2 Q3 Q4 FYE 12/31

Volume Loan/Real Estate Requests transmitted: Number (000s) 1,910.6 696.1 733.6 621.3 448.5 2,499.6 619.0 597.6 602.6 Volume of Requests (bn) $189.1 $72.6 $78.9 $56.1 $37.0 $244.6 $59.7 $60.8 $64.1

Loan/Real Estate Transactions closed in Quarter Number (000s) 289.7 74.2 83.9 90.7 68.4$ 317.3 64.9 73.0 68.9 Volume of Transactions Closed (bn) $22.9 $8.6 $10.2 $10.6 $6.7 $36.0 $6.7 $8.5 $7.6

Transmit Rate (a) 61.0% 65.9% 65.4% 63.6% 65.3% 65.1% 77.0% 78.2% 79.0% Static Pool Close Rate (b) 14.2% 12.7% 14.2% 14.0% 13.1% 13.6% 14.6% 15.4% 13.9% Number of Lenders 197 206 212 223 224 224 233 229 234 Number of Realty Agencies 645 665 659 675 695 695 742 751 771

Note: The acquisition of LendingTree closed on August 8, 2003.

(a) Transmit rate is the percentage of completed loan and real estate qualification forms that were successfully transmitted to at least one lender or real estate broker.

(b) The static pool close rate includes loans and real estate transactions. Prior to 2003, the static pool close rate only included loan transactions. The static pool close rate for loans incorporates the average time lag between the submission of a consumer loan request (a "QF") and the closure of a transaction. It represents the closure rate of approved QFs from a static pool of requests submitted in the most recent quarter with a complete closure cycle. A complete closure cycle is considered to be after 180, 120, 90, 60 and 30 days from the month in which a real estate, mortgage, home equity, auto/personal, and credit card QF, respectively, was submitted.

The financial, statistical and other information contained herein is unaudited.

9 IAC/InterActive Corp Operating Highlights

• IACT announced new merchant hotel agreements with Cendant, the world's largest lodging franchisor with 6,349 hotels representing 509,932 rooms on five continents, as well as Interstate, Vail/Rock Resorts, Wyndham, Omni, and Destination Hotels and Resorts. • IACT Europe became the first online operator to offer EuroDisney in Paris. • Expedia continued to introduce a number of important site updates, providing consumers tremendous in-depth information to help them make informed decisions about their travel and to give them simple tools to help plan and purchase the whole trip. These improvements include Vacation Package Savings Tool, Hotel Rate Calendar, Hotel Room Layout View, and Enhanced Star Ratings. • Expedia Corporate Travel expanded its global corporate travel offerings by acquiring World Travel Management, a U.K. corporate travel management company. • HSN U.S. appointed Greg Gemette as Executive VP of Merchandising. Mr. Gemette, a 20-year retail veteran, is responsible for all merchandising categories including jewelry, apparel, health & beauty, home hard goods and home fashions, as well as merchandise planning and off-air sales functions. • As part of HSN’s initiative to increase product variety, the company introduced several new brands including Phyllis George’s new line of beauty products, Bagatelle apparel and Entienne Angier handbags. • HSN.com introduced new functionalities including “Shop by Size”, which allows a customer to select her size in fashion and match it with a specific brand or category. • HSN U.S. opened its new 1 million-square-foot fulfillment center in Tennessee. • Ticketmaster’s top event ticket onsales in the U.S. included Ringling Bros. and Barnum & Bailey Circus, Usher, Van Warped Tour, Toby Keith and the New York Yankees. • The Athens 2004 Olympic Games concluded a nearly three-year effort by Ticketmaster to service the Games. In total, Ticketmaster sold more than 3.6 million tickets to the Games, with a value of more than $242 million. • Ticketmaster acquired Lippuvalvelu Oy, the leading ticketing service provider in Finland. • Match.com announced the appointment of Jim Safka to the role of Chief Executive Officer. Prior to joining Match.com, Mr. Safka served as Vice President and General Manager of E-commerce at AT&T Wireless and as Vice President of Marketing at E*TRADE Financial Corporation. • Citysearch and EPI launched the Instant Offers program, delivering EPI non-subscription and subscription based savings to more than eight million unique monthly Citysearch users. • Citysearch Tools (http://tools.citysearch.com) now allow local search information to be delivered through e-mail, AIM instant messenger and a browser toolbar. Citysearch also re-launched all category homepages, making the site simpler and easier to use, while putting more emphasis on content and giving advertisers better exposure. • Evite launched version 3.0, which enhanced its online invitations services and local event listings to include recommendation features for bars and restaurants powered by Evite users and editorial reviews of bars and restaurants from Citysearch. Additionally, Evite rolled out a completely new product design that reflects the revamped organization of the service and enhances the user experience. • LendingTree entered into an agreement to acquire HomeLoanCenter.com, a second-generation, Internet-based direct mortgage lender headquartered in Irvine, California. • LendingTree expanded home listings on its RealEstate.com website during the quarter to more than 600,000 homes.

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