Meetic: Results for the 3rd Quarter of 20131

  Meetic: Results for the 3rd Quarter of 20131

  SUSTAINING SUBSTANTIAL INCREASE IN THE SUBSCRIBER BASE: +168,601 YEAR OVER
                                     YEAR

Business Wire

PARIS -- October 30, 2013

Regulatory News:

  MEETIC (Paris:MEET) (FR0004063097), the European leader in online dating,
 today announces its consolidated quarterly and nine months results to 30^th
                               September 2013.

  *Consolidated results to 30^th September 2013 (MEETIC + Massive Media)

              30/09/2013  30/09/2013  30/09/2013      30/09/2012    
In millions    (9 months)   (9 months)   (9 months)       (9 months)
of euros       Meetic                                     (Consolidated   Var
(IFRS)        excl.       MM          (Consolidated)  =              %
               MM                                         excl. Massive
                                                          Media)
Revenue       126,1       8,2         134,3           122,8          9%
EBITDA*
before the     26,6         3,1          29,7             29,2
cost of free                                                              2%
shares
% of total    21,1%       37,7%       22,1%           23,8%         
revenue
EBITDA*        26,4         3,1          29,5             27,6
% of total    20,9%       37,7%       22,0%           22,5%          7%
revenue
Operating      21,7         0,1          21,8             24,0
profit                                                                    -9%
% of total    17,2%       1,6%        16,2%           19,6%         
revenue
Share of
profit from
JV using the  0,5         0,0         0,5             0,9            -42%
equity
method
Net profit
from          16,2        -7,4        8,8             16,9           -48%
maintained
activities
Net income
on            0,0         4,2         4,2             0,0            -
discontinued
activities
Net profit     16,2         -3,2         13,0             16,9
% of total    12,9%       -39,1%      9,7%            13,8%          -23%
revenue

* Earnings Before Interest, Taxes, Depreciation and Amortization

  *MEETIC’s results to 30^th September 2013 (excluding Massive Media)

In millions of       30/09/2013               30/09/2012             
euros                 (9 months)                (9 months)
                      Meetic excluding          Meetic excluding         Δ %
IFRS                 Massive                  Massive                
                      Media                     Media
Internet              119,8                     116,9                    2,5%
% of total revenue   95%                      95%                    
Mobile                5,1                       5,0                      1,3%
% of total revenue   4%                       4%                     
Other                 1,2                       0,9                      32,9%
% of total revenue   1%                       1%                     
Total                126,1                    122,8                   2,7%

In millions of      Q3 2013  Q2 2013  Q1 2013  Q3 2012  Q2 2012  Q1 2012
euros
Internet            40,4     39,8     39,6     38,8     39,0     39,1
Mobile               1,7       1,7       1,7       1,8       1,6       1,7
Other               0,4      0,5      0,3      0,3      0,3      0,3
Total               42,5     42,0     41,6     40,8     40,8     41,2

MEETIC’s revenue (excluding Massive Media) for the first nine months of 2013
increased by 2.7% to €126.1 million.

MEETIC’s subscribers (excluding Massive Media) for the first nine months of
2013 increased by 72,998 or 9.5% year over year to 840,801 as of September
30^th, 2013.

Marketing Expenses (excluding Massive Media)
Marketing expenses totalled €62.0 million for the first nine months of 2013,
corresponding to 49.2% of revenue, compared with €58.2 million or 47.4% of
revenue over the first nine months of 2012. The increase is timing only and
reflects planned initiatives in the current year period.

Other expenses(excluding Massive Media)
Other expenses increased by €2.1 million, excluding cost of free shares, from
€35.4 million for the first nine months of 2012 to €37.5 million over the same
period of 2013. The increase reflects product development costs and includes a
€0.3 million charge in connection with the relocation of the Company’s head
offices.

EBITDA margin: 20.9% - EBITDA margin before the cost of free shares: 21.1%
(excluding Massive Media)
Earnings before Interest, Taxes, Depreciation and Amortisation (EBITDA)
totalled €26.4 million for the first nine months ending the 30^th September
2013, compared with €27.6 million for the prior year period. The current year
period was impacted by the aforementioned increase in marketing expenses and
product development costs.

Net profit: €16.2 million (excluding Massive Media)
MEETIC’s net profit totalled €16.2 million for the first nine months ending
the 30^th September 2013, compared with €16.9 million for prior year period.

  *MASSIVE MEDIA‘s contribution to MEETIC Group Consolidated results to 30^th
    September 2013

Massive Media, the company behind Twoo.com, was acquired by MEETIC and
consolidated in January 2013.

As of 31^st July, the group proceeded to a retroactive demerger as of 1^st
January 2013 of Massive Media NV. The demerger split the company into two new
companies: Massive Media Europe, which leads the European activities and
Massive Media Match, which leads the non-European activities. Massive Media
Match has been sold to Match.com France limited on the 31^st July 2013.

Massive Media Europe reached 95,603 subscribers at 30^th September 2013.

  *Consolidated Net Cash position: € 66.4 million

At 30^th September 2013, the Group had a net cash position of €66.4 million,
compared with €63.4 million at 31^st December 2012.

About Meetic Group, European online dating leader (www.meetic-corp.com):
Meetic manages online dating services, mainly under the meetic, meetic
affinity, match and twoo brands, and markets two highly complementary economic
models on the dating market, one based on internet use, the other on mobile
phones.  From inception, the group has pursued a clear leadership strategy
focusing on quality, innovative marketing and perfect technological expertise.
Meetic works hard to optimise service quality and to satisfy every possible
expectation of its European subscribers. IAC/InterActiveCorp is Meetic’s main
shareholder, with an 88% stake.

        Listed on Euronext Paris - Compartment B of the NYSE Euronext
                              ISIN: FR0004063097

                                   * * * *

                  2013 annuals results will be published on:
                       5th February 2014, before market

^1 Unaudited.

Contact:

Meetic Group Finance department
Elisabeth Peyraube
or
NewCap
Financial communication
Pierre Laurent
Louis-Victor Delouvrier
Tel.: +33 (0)1 44 71 94 94
meetic@newcap.fr