MEDIA ALERT: LendingTree to Host Conference Call

Business Wire, July 10, 2000

Business Editors

CHARLOTTE, N.C.--(BUSINESS WIRE)--July 10, 2000

Today At 5:00 p.m. EST LendingTree (NASDAQ:TREE) will host a conference call for investors. The company will provide an update on Lend-X strategy and discuss the Freddie Mac agreement in more detail; a representative from Freddie Mac will also be on the call. There will also be a question and answer period directly following the update.

The call number is 212.906.6007.

A continuous replay of the call will be available from 7:00 p.m., July 10 through 7:00 p.m., July 14. The number to call for the continuous replay is 1.800.633.8284 or 1.858.812.6440. Reservation number for the replay is 15764526.

The call will also be rebroadcast on LendingTree's Web site at (http://www.lendingtree.com/> www.lendingtree.com

About LendingTree, Inc.

LendingTree (NASDAQ: TREE) is the Internet-based loan marketplace for consumers and lenders. LendingTree collects consumer credit requests and compares those requests and related credit information to the underwriting criteria of more than 100 participating lenders in the LendingTree marketplace. Consumers can receive multiple offers in response to a single loan request within hours and then compare, review and accept the loan offer that best suits their needs. Lenders can generate new business that meets their specific underwriting criteria at reduced acquisition costs. The LendingTree Marketplace encompasses most consumer credit categories, including mortgages, home equity loans, automobile loans, credit cards, personal loans and provides access to small business loans. For more information, please visit www.lendingtree.com or call 704-541-5351.

About Lend-X(SM)

Lend-X(SM) is LendingTree's online loan exchange technology that enables B2B clients to quickly and easily embed a customized private label or co-branded loan marketplace into their site. Lend-X(SM) technology provides a fast, adaptable and reliable online lending solution for lenders and non-lenders alike with valuable access to LendingTree's online lending exchange. Lend-X(SM) currently powers more than 20 companies' loan exchange systems including S1 corporation, priceline.com, MSN MoneyCentral, CNBC.com, AutobyTel.com, Wachovia, PNC, Fleet Bank, Citizens Bank and Affinity Plus Federal Credit Union.