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ISS Recommends Vote "FOR" Acquisition of Ancestry.com by Permira



ISS Recommends Vote "FOR" Acquisition of Ancestry.com by Permira

PROVO, Utah, Dec. 11, 2012 (GLOBE NEWSWIRE) -- Ancestry.com (Nasdaq:ACOM), the
world's largest online family history resource, today announced that
Institutional Shareholder Services ("ISS"), one of the leading independent
U.S. proxy advisory firms, has recommended that the stockholders of
Ancestry.com vote "FOR" the proposals in its proxy statement for the special
meeting scheduled to be held on December 27, 2012 at the Provo Marriott Hotel
and Conference Center, which is located at 101 West 100 North, Provo, Utah
84601, on December 27, 2012, at 8:30 a.m. Mountain Time.

At the special meeting, Ancestry.com's stockholders will be asked to consider
and vote on proposals including (i) to adopt the merger agreement pursuant to
which affiliates of Permira, a leading private equity firm, will acquire the
Company, (ii) to approve certain compensation that may become payable to
Ancestry.com's named executive officers in connection with the merger and
(iii) to adjourn or postpone the special meeting, if necessary, to permit the
further solicitation of proxies if there are not sufficient votes at the time
of the special meeting to adopt the merger agreement.

In its recommendation of the proposal to adopt the merger agreement, ISS
stated "a vote FOR this proposal is warranted based on the company's
rationale, premium received, support of a large shareholder, and the sales
process conducted which included a market check."*

Your vote is important, regardless of the number of shares you own, and all
Ancestry.com stockholders are encouraged to vote. The adoption of the merger
agreement by the affirmative vote of holders of a majority of the outstanding
shares of Ancestry.com common stock is a condition to the completion of the
merger. The advisory (non-binding) proposal to approve specified compensation
that may become payable to the named executive officers of the Company in
connection with the merger, and the proposal to adjourn the special meeting to
solicit additional proxies, if necessary, require the affirmative vote of
holders of a majority of the voting power present and entitled to vote
thereon.

* Permission to quote from the ISS report was neither sought nor obtained.

About Ancestry.com

Ancestry.com Inc. (Nasdaq:ACOM) is the world's largest online family history
resource, with approximately 2 million paying subscribers. More than 11
billion records have been added to the site in the past 16 years. Ancestry
users have created more than 41 million family trees containing approximately
4 billion profiles. In addition to its flagship site, Ancestry.com offers
several localized Web sites designed to empower people to discover, preserve
and share their family history.

The Ancestry.com, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13617

About Permira

Permira is a European private equity firm with global reach. The Permira
funds, raised from pension funds and other institutions, make long-term
investments in companies with the ambition of transforming their performance
and driving sustainable growth. Founded in 1985, the firm advises funds with a
total committed capital of approximately $26 billion.

Permira established its presence in North America with the opening of the New
York office in 2002 followed by the Menlo Park office in 2008. The Permira
funds have a long track record of successful technology and digital media
investing in companies around the world including Odigeo, NDS, Renaissance
Learning and Genesys. Since 1997, over 30% of the Permira funds' investments
have been in the core sector of Technology, Media & Telecom.

For more information visit: www.permira.com.

Forward-looking Statements

Statements about the expected timing, completion and effects of the proposed
merger and all other statements in this document, other than historical facts,
constitute forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Readers
are cautioned not to place undue reliance on these forward-looking statements
and any such forward-looking statements are qualified in their entirety by
reference to the following cautionary statements. All forward-looking
statements speak only as of the date hereof and are based on current
expectations and involve a number of assumptions, risks and uncertainties that
could cause the actual results to differ materially from such forward-looking
statements. The Company may not be able to complete the proposed merger on the
terms described above or other acceptable terms or at all because of a number
of factors, including the failure to obtain stockholder approval or the
failure to satisfy the closing conditions. Factors that may affect the
business or financial results of the Company are described in the risk factors
included in the Company's filings with the Securities and Exchange Commission,
including the Company's 2011 Annual Report on Form 10-K and later filed
quarterly reports on Form 10-Q and Current Reports on Form 8-K, which factors
are incorporated herein by reference. The Company expressly disclaims a duty
to provide updates to forward-looking statements, whether as a result of new
information, future events or other occurrences.

Additional Information and Where to Find It

In connection with the proposed merger transaction, the Company has filed with
the SEC and furnished to the Company's stockholders a definitive proxy
statement dated November 30, 2012. Stockholders are urged to read the proxy
statement because it contains important information about the proposed
transaction. Investors and security holders may obtain a free copy of
documents filed by Ancestry.com with the SEC at the SEC's website at
http://www.sec.gov. In addition, investors and security holders may obtain a
free copy of Ancestry.com's filings with the SEC from Ancestry.com's website
at ir.ancestry.com.com/sec.cfm or by directing a request to: Ancestry.com 360
West 4800 North, Provo, Utah 84604, Attn: Investor Relations, (801) 705-7942.

The Company and certain of its directors and executive officers may be deemed
to be participants in the solicitation of proxies from stockholders of the
Company in favor of the proposed merger. Information about the directors and
executive officers of the Company is set forth in the proxy statement for the
Company's 2012 annual meeting of stockholders, as filed with the SEC on
Schedule 14A on April 11, 2012. Additional information regarding the interests
of these individuals and other persons who may be deemed to be participants in
the solicitation has been included in the definitive proxy statement the
Company filed with the SEC on November 30, 2012.

CONTACT: Investors:
         Aaron Felix
         (801) 705-7942
         afelix@ancestry.com
        
         Media:
         Heather Erickson
         (801) 705-7104
         herickson@ancestry.com

Ancestry.com, Inc.
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