FTD Group, Inc. Reports Approximately 14% Growth in Valentine's Day Orders for the Consumer Business Segment over the Prior Year

Business Wire, Feb 21, 2006

DOWNERS GROVE, Ill. -- FTD Group, Inc. (NYSE:FTD), a leading provider of floral services and products and a direct marketer of flowers and specialty gifts, today announced that its Consumer Business segment experienced an increase of approximately 14% in total orders of flowers and specialty gifts this Valentine's Day season (February 1-15, 2006), compared to the same period of the prior year. In addition, the Florist Business segment experienced strong growth over the prior year's Valentine's Day season.

"We were able to generate strong revenue growth while keeping marketing costs in line with our expectations," commented Michael J. Soenen, President and Chief Executive Officer of FTD.

Soenen continued, "We are reiterating the Company's fiscal year 2006 revenue range of approximately $450 million - $460 million, net income and EBITDA targets of approximately $23 million and $67.5 million, respectively, and diluted earnings per share target of $0.76." Targeted EBITDA includes the effect of approximately $0.6 million of non-cash stock compensation expense associated with the Company's adoption of Statement of Financial Accounting Standards No. 123(R). The above targets are only estimates, which may be exceeded or alternatively may not be achieved.

ABOUT FTD GROUP, INC.

FTD Group, Inc. is a leading provider of floral-related products and services to consumers and retail floral locations in the U.S. floral retail market. The business is supported by the highly recognized FTD brand, which was established in 1910 and enjoys 96% brand recognition among the Company's principal target market of U.S. consumers between the ages of 25 and 64, as well as by the Mercury Man logo, which is displayed in approximately 50,000 floral shops, globally. The Company conducts its business through two operating segments. The Consumer Segment, primarily through the www.FTD.COM Web site and the 1-800-SEND-FTD toll-free telephone number, offers same-day delivery of floral orders to nearly 100% of the U.S. and Canadian populations. As a result of the same-day delivery capability and broad product selection, the Consumer Segment is one of the largest direct marketers of floral arrangements and specialty gifts in the U.S. The Florist Segment provides a comprehensive suite of products and services to enable the network of approximately 20,000 FTD members to send and deliver floral orders. This suite of products and services is designed to promote revenue growth and enhance the operating efficiencies of FTD members.

FORWARD-LOOKING STATEMENTS

This press release contains various "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company's outlook, anticipated revenue growth and profitability; the anticipated benefits of investments in new products, programs and offerings; and opportunities and trends within both the Consumer and Florist Segments, including opportunities to expand these businesses and capitalize on growth opportunities or increase penetration of service offerings. These forward-looking statements are based on management's current expectations, assumptions, estimates and projections about the Company and its industry. Investors are cautioned that actual results could differ from those anticipated by the forward-looking statements as a result of: the Company's ability to acquire and retain FTD members and continued recognition by members of the value of the Company's products and services; the acceptance by members of new or modified service offerings recently introduced; the Company's ability to sell additional products and services to FTD members; the Company's ability to expand existing marketing partnerships and secure new marketing partners within the Consumer Segment; the success of the Company's marketing campaigns; the ability to retain customers and maintain average order value within the Consumer Segment; the existence of failures in the Mercury Network or the Company's Consumer Segment systems; competition from existing and potential new competitors; levels of discretionary consumer purchases of flowers and specialty gifts; the Company's ability to manage or reduce its level of expenses within both the Consumer and Florist Segments; actual growth rates for the markets in which the Company competes compared with forecasted growth rates; the Company's ability to increase capacity and introduce enhancements to its Web sites; and the Company's ability to integrate additional partners or acquisitions, if any are identified. These factors, along with other potential risks and uncertainties, are discussed in the Company's reports and other documents filed with the Securities and Exchange Commission. The Company expressly disclaims any obligation to update forward-looking statements.

FTD GROUP, INC.
                     NON-GAAP FINANCIAL MEASURES
                                EBITDA
                             (Unaudited)
                            (In thousands)

Reconciliation of certain financial measures reported in accordance
with Generally Accepted Accounting Principles ("GAAP") to those
presented on the basis of methodologies other than in accordance with
GAAP ("non-GAAP").

The Company defines EBITDA as net income before net interest expense,
income tax expense, depreciation and amortization.  EBITDA is
calculated as follows for the period presented:

                                                     Year Ending
                                                    June 30, 2006
                                                (Forecasted Targets)
                                               -----------------------

   Revenues                                       $450,000 - $460,000

   Net income (GAAP basis)                                    $23,000
   plus: Interest expense, net                                 18,500
   plus: Depreciation and amortization                         10,750
   plus: Income tax expense                                    15,250
                                               -----------------------
   EBITDA (1)                                                 $67,500
                                               =======================

(1) The Company uses EBITDA as a supplemental measure of performance.
    The Company presents EBITDA because it considers it an important
    supplemental measure of performance, as it is materially the same
    performance measure that is used as a performance measure under
    the senior credit facility entered into in connection with the
    2004 Going Private Transaction, the indenture governing the Notes
    and the Company's executive compensation plan. The senior credit
    facility, the indenture governing the Notes and the executive
    compensation plan also allow for the adjustment to EBITDA of
    non-cash stock compensation expenses related to the adoption of
    Statement of Financial Accounting Standards No. 123(R). Measures
    similar to EBITDA are also widely used by the Company and by
    others in the Company's industry to evaluate and price potential
    acquisition candidates. The Company believes EBITDA facilitates
    operating performance comparisons from period to period and
    company to company by backing out potential differences caused by
    variations in capital structure (affecting relative interest
    expense), tax positions (such as the impact on periods or
    companies of changes in effective tax rates or net operating
    losses) and the age and book depreciation of facilities and
    equipment (affecting relative depreciation expense). The Company
    also presents EBITDA because it believes it is frequently used by
    investors and other interested parties in the evaluation of high
    yield issuers, many of which present EBITDA when reporting their
    results. EBITDA has limitations as an analytical tool, and should
    not be considered in isolation, or as a substitute for analysis of
    the Company's results as reported under GAAP. Some of the
    limitations of EBITDA is that it does not reflect the Company's
    cash expenditures for capital expenditures, it does not reflect
    the significant interest expense or the cash requirements
    necessary to service interest or principal payments on the
    Company's debt, it does not reflect changes in, or cash
    requirements for, the Company's working capital requirements, and
    other companies in the Company's industry may calculate these
    measures differently than presented above. The Company compensates
    for these limitations by relying primarily on GAAP results and
    using EBITDA only supplementally.