LookSmart Announces Reverse Stock Split

                   LookSmart Announces Reverse Stock Split

PR Newswire

SAN FRANCISCO, Nov. 6, 2013

SAN FRANCISCO, Nov. 6, 2013 /PRNewswire/ --LookSmart, Ltd. today announced
that LookSmart has determined to effect a 1-for-3 reverse stock split of its
outstanding common stock, which is expected to become effective at 5:00 P.M.
(Eastern Time) on November 5, 2013.

The common stock is expected to begin trading on a split-adjusted basis when
the market opens on November 6, 2013. The reverse stock split will not change
the authorized number of shares of common stock or preferred stock of the
Company or the par value of the common stock or preferred stock.

Stockholders who hold their shares in brokerage accounts or "street name" will
not be required to take any action to effect the exchange of their shares.
Holders of share certificates will receive instructions from the Company's
transfer agent regarding the process for exchanging their shares.

About LookSmart, Ltd.
LookSmart is a pioneer in online advertising. Founded in 1997, LookSmart has
been connecting advertisers and agencies to high quality sources of inventory
for performance marketing, and helps online publishers monetize their
inventory through our award winning Ad Center platform. LookSmart's highly
scalable technology processes billions of search queries on a daily basis,
enabling marketers to bid in real-time across search and display inventory,
and leverage intent data to get performance that meets aggressive campaign
goals. LookSmart also operates Syncapse, a technology-enabled solutions
company that uses social media data to help some of the world's most valuable
brands understand their customer needs and improve performance, and Clickable,
a technology-enabled services company that helps companies and agencies manage
their online marketing for themselves and their clients. LookSmart is based
in San Francisco, California. For more information, visit www.looksmart.com
or call (415) 348-7000.

Forward-Looking Statements
This press release contains forward-looking statements that are subject to
factors that could cause actual results to differ materially from the results
contemplated by the forward-looking statements, including assumptions that may
or may not be correct or accurate due to the inherent uncertainty of future
events, the actions of third parties we cannot control or predict with
certainty, and other factors that may cause us to change our plans.

SOURCE LookSmart, Ltd.

Contact: LookSmart, Ltd., (415) 348-7000
 
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