increases its stake in Meetic SA from 80.8% to 87.5% and Announces Planned Public Offer for all Outstanding Shares increases its stake in Meetic SA from 80.8% to 87.5% and Announces
               Planned Public Offer for all Outstanding Shares

  PR Newswire

  NEW YORK, Sept. 25, 2013

NEW YORK, Sept. 25, 2013 /PRNewswire/ --Match, the world's leading personals
company and an operating segment of IAC (Nasdaq: IACI), announced today that
it has increased its ownership stake in Meetic S.A. to 87.5% by acquiring all
remaining shares held by Marc Simoncini, Meetic's founder, which represent
6.7% of the capital.

The acquisition was completed today through an off-market transaction with
Jaina Capital and Jaina Ventures, two investment vehicles controlled by Mr.
Simoncini at a price per share of €18.75. The aggregate purchase price was
approximately €29.5 million. Following the acquisition, Match now owns 87.5%
of the capital and 88.6% of the voting rights of Meetic. Mr. Simoncini, who
no longer owns, directly or indirectly, any Meetic shares, has resigned from
Meetic's board of directors.

Match intends to launch a voluntary simplified public tender offer for all of
the outstanding shares of Meetic S.A. at a price of €18.75 per share in cash
in the near term. The offer price represents a premium of approximately 51% on
the closing price of Meetic shares on September 24, 2013. It is Match's
intention to implement a squeeze-out if it holds at least 95% of the capital
and voting rights upon completion of the offer. If a squeeze-out cannot be
implemented, Match intends to apply with Euronext Paris for a delisting of the
Meetic shares.

The public offer will be filed with the French Securities Regulator ( Autorite
des marches financiers ) in due course.

"As the founder of Meetic, Marc has made invaluable contributions to the
company," said Greg Blatt, CEO of IAC. "We appreciate what a great partner he
has been since we first joined with Meetic in 2009, and are looking forward to
our next stage of stewardship of the company."

Meetic is a French stock corporation, with its registered office in Paris. It
is the leader in the European online dating market currently established in 15
European countries, and is available in 11 languages. In 2012, Meetic posted
sales of €164,8m and an EBITDA margin of 22.3%. Meetic is listed in
Compartment B of Euronext Paris of the NYSE Euronext (MEET.PA).

About Match   IAC's Match segment is the global leader in online dating,
redefining the way millions of people meet, date and start relationships every
day. The segment consists of 37 brands in more than 25 countries, including, OkCupid,, Meetic and ParPerfeito, and manages an
investment in Zhenai, a leading matchmaking company based in China. Each of
the various subscription-based, ad-supported and startup companies within this
portfolio caters to the unique, individual preferences and personalities of
users around the world. More than 1,000,000 people around the world join
these sites every week. For more information please visit .

About IAC

IAC (NASDAQ: IACI) is a leading media and internet company comprised of more
than 150 brands and products, including,,, and Focused in the areas of search, applications,
online dating, local and media, IAC's family of websites is one of the largest
in the world, with more than a billion monthly visits across more than 30
countries. The company is headquartered in New York City with offices in
various locations throughout the U.S. and internationally. To view a full
list of the companies of IAC, please visit our website at .

Contacts  IAC Investor Relations: Nick
Stoumpas +1-212-314-7495 

IAC Corporate Communications: Justine Sacco +1-212-314-7326 

Match: Amy Canaday +1-214-576-9416

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