Shutterstock Prices Initial Public Offering

                 Shutterstock Prices Initial Public Offering

PR Newswire

NEW YORK, Oct. 10, 2012

NEW YORK, Oct. 10, 2012 /PRNewswire/ --Shutterstock, Inc. (NYSE: SSTK), a
global marketplace for digital imagery, today announced the pricing of its
initial public offering of 4,500,000 shares of common stock at a price to the
public of $17.00 per share. In addition, Shutterstock has granted the
underwriters a 30-day option to purchase up to an additional 675,000 shares to
cover over-allotments, if any. The shares are expected to begin trading on
October 11, 2012 on the New York Stock Exchange under the symbol "SSTK."

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The bookrunning managers of the offering are Morgan Stanley, Deutsche Bank
Securities and Jefferies. RBC Capital Markets, Stifel Nicolaus Weisel and
William Blair are acting as co-managers for the offering.

The offering of these securities will be made only by means of a written
prospectus. A copy of the prospectus may be obtained from the offices of
Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street,
2^nd Floor, New York, New York 10014, or by email at, or by phone at (866) 718-1649; the offices of
Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street,
New York, New York 10005, or by email at, or by phone
at (800) 503-4611; and the offices of Jefferies & Company, Inc. Attention:
Prospectus Department, 520 Madison Avenue, 12^th Floor, New York, New York
10022, or by email at, or by phone at
(877) 547-6340.

A registration statement relating to the initial public offering has been
declared effective by the Securities and Exchange Commission. This press
release shall not constitute an offer to sell or the solicitation of an offer
to buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such state
or jurisdiction.

About Shutterstock

Shutterstock is a leading global provider of high-quality licensed
photographs, vectors, illustrations and videos to businesses, marketing
agencies and media organizations around the world.

Shutterstock works closely with its growing contributor community of
photographers, videographers, illustrators and designers to curate a global
marketplace for royalty-free imagery. Shutterstock adds tens of thousands of
rights-cleared images each week, and with more than 20 million images
currently available, the company recently surpassed 250-million image

Headquartered in New York City, Shutterstock also owns Bigstock, a
value-oriented stock agency that offers both credit and simple Pay As You Go
purchase options.

For more information, please visit, and follow
Shutterstock on Twitter or on Facebook.

SOURCE Shutterstock

Contact: Public Relations: Meagan Kirkpatrick, Director, Communications,, +1-646-449-6023; or Investor Relations: Denise Garcia,
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