BELLEVUE, Wash. – November 10, 2004 – Expedia, Inc., operator of Expedia.com®and Expedia®Corporate Travel, has been named by Executive Travel readers as “The Best Web Site to Book Business Travel” and “The Best Web Site to Book Leisure Travel.” Published by American Express Publishing Corporation, Executive Travel is a lifestyle magazine read by 270,000 frequent travelers. Its Best in Executive Travel Awards, which can be found on www.executivetravelmagazine.com, recognize companies that offer superior travel services.

“Expedia earned top honors in our Best in Executive Travel 2004 readers' survey for its easy-to-use online travel Web sites, which address the needs of both leisure and business travelers,” said Janet Libert, editor of Executive Travel magazine. “At a time when travelers generally have greater needs and less time, our readership of frequent business travelers appreciates the quality services that Expedia offers.”

By sharing a variety of best practices between its leisure and corporate divisions, Expedia®continues to deliver on its promise of quality travel-planning offerings to managed and unmanaged business travelers, as well as leisure travelers.

“Since its inception, Expedia has been dedicated to providing an intuitive online travel resource with rich content and personal control for both business and leisure travelers,” said Matt Hulett, president, Expedia®Corporate Travel. “These awards are a testament to our work as we continue to expand our offerings for all types of travelers.”
About Expedia, Inc.

Expedia, Inc. is the world's leading online travel service and the fourth largest travel agency in the U.S. Expedia's award-winning Expert Searching and Pricing (ESP) technology delivers the most comprehensive flight options available online. ESP also allows customers to dynamically build complete trips that combine flights, Expedia®Special Rate hotels and other lodging, ground transportation, and destination services and activities. Expedia's quality and leadership have been recognized in awards such as PC Magazine's “Editors' Choice” and Forbes' “Favorite General Travel Site.” Expedia, Inc. is an operating company of IAC/InterActiveCorp (NASDAQ: IACI). CST: 2029030-40

About Expedia®Corporate Travel

Expedia®Corporate Travel, a division of Expedia, Inc., is an integrated offering of world-class, full-service travel management powered by its own innovative and market-leading technology. Expedia®Corporate Travel helps companies drive down business-travel costs by delivering high online adoption, fast. Business travelers have access to easy-to-use tools, robust travel options and 24-7 agents, while companies can take advantage of smart management and reporting solutions. Expedia, Inc. is a wholly owned subsidiary of IAC/InteractiveCorp (NASDAQ: IACI). Visit us at http://expediacorporate.com or call 1-866-328-0110.

About Executive Travel Magazine

Executive Travel provides readers with relevant travel news and information, coupled with practical strategies and advice. Executive Travel's mission is to help frequent travelers live life as well on the road as they do at home. Executive Travel, Travel + Leisure, Food & Wine, Departures, Travel + Leisure Golf, and Travel + Leisure Family magazines and publications are part of the American Express Publishing Corporation, a subsidiary of the American Express Company and managed by Time, Inc. The company also publishes Executive Travel SkyGuide and a variety of cooking, travel, wine, time management, and financial books and products, and has a custom publishing group.

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Expedia and the airplane logo are either registered trademarks or trademarks of Expedia, Inc. in the U.S., Canada and/or other countries. The names of actual companies and products mentioned herein may be trademarks of their respective owners.

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