Barry Diller, Chairman and Chief Executive Officer of IAC/InterActiveCorp Will Speak at the World Business Forum Los Angeles 2005

Business Wire, Oct 20, 2004

NEW YORK -- HSM Group today announced that Barry Diller, Chairman and Chief Executive Officer of IAC/InterActiveCorp (NASDAQ:IACI), will be one of the keynote speakers at the World Business Forum Los Angeles 2005. The World Business Forum is produced by HSM Group, an international multimedia company specializing in executive education.

"I am very pleased to welcome Mr. Diller to our excellent line-up of speakers in our program at the World Business Forum 2005," said Eduardo Bruchou, co-founder of the HSM Group. "Barry Diller is a well-known and respected global business leader. His experience and insight into building and developing one of the world's most important interactive commerce firms is critical to today's business executive." Diller will be interviewed by Wall Street Journal's technology columnist Kara Swisher.

Diller joins the following confirmed speakers at Los Angeles' World Business Forum: Rudy Giuliani, Jack Welch, Lou Gerstner, Jr., Anne M. Mulcahy, Larry Bossidy, Jim Collins, Craig Venter, Michael Porter. HSM Group is hosting the World Business Forum 2005 at the Los Angeles Convention Center on March 29th and 30th, 2005. The Forum gathers over 3,000 senior executives, of those, 80% are either CEOs, presidents and/or business owners from North America, Europe, Latin America and Asia-Pacific and represent industries such as financial, manufacturing, communications, consumer goods, healthcare, pharmaceutical and consulting amongst others.

On March 29th and 30th, these nine eminent business leaders will speak on topics crucial to the business community. Forum participants will gain critical insights into global financial markets, organizational transformation, strategy, management and the role of creativity in leadership, among other topics. In addition to the main presentations, special breakout sessions have been designed to further enhance the interactive and networking experience.

About the World Business Forum

The World Business Forum is a symposium and the largest gathering of business executives in the world featuring eminent business leaders who speak on topics essential to the business community. Forum participants gain critical insights into global financial markets, strategy, management and the role of creativity in leadership, among other topics. Forums take place in Chicago, Los Angeles, New York, Milan, Frankfurt, Madrid, Sao Paulo, Buenos Aires and Mexico City.

About HSM Group

Founded in 1989, HSM Group has an integrated approach to executive education through the organization of forums such as the World Business Forum and ExpoManagement; seminars and conferences; the publication of a business and management review called HSM Management; and the production and distribution of online management courses through HSMeducation. Over the past 14 years, HSM has organized over 150 events in more than 10 countries across Europe and the Americas and is planning to expand its operations in 2004/2005.

For further information on the World Business Forum, go to www.wbfla.com or email info@wbfla.com