WorldWinner and IWON Sign Deal to Deliver Skill Games to Sweepstakes Players

Market Wire, December, 2008

WorldWinner ( www.worldwinner.com ), a GSN-affiliated company and the leader in online game competitions, today announced an agreement with IWON, a games and sweepstakes destination site, in which IWON ( www.iwon.com ) will provide its players with WorldWinner cash competitions. IWON players will also be able to enjoy their favorite on-air games online by playing Flash versions of GSN's most popular game show titles.

IWON's members currently win cash and merchandise prizes on an instant, daily, weekly or monthly basis. With the addition of WorldWinner's cash competitions, members will be able to compete against other game lovers in popular skill games including Bejeweled 2, SCRABBLE® Cubes, Wheel of Fortune, Family Feud and Cubis for immediate cash rewards. Players will also have access to free Flash games, which are currently only available on GSN.com (a site powered by WorldWinner).

"This partnership is significant for both parties, in part because IWON boasts more than three million members who thrive on the sweepstakes model and are accustomed to playing games and winning prizes. We predict a heavy adoption of those players to our cash tournament model," said Peter Blacklow, president of WorldWinner. "We look forward to extending IWON's consumer experience and are thrilled to bring our online cash competitions to this new audience of game enthusiasts."

"Working with WorldWinner and GSN gives IWON and our players access to a wide range of cross-platform entertainment possibilities," said Timothy Allen, vice president of product management at IAC Consumer Applications and Portals, owners of IWON. "We are confident that our members will benefit from the agreement with more opportunities to play and win, and that they'll enjoy WorldWinner's cash competitions and the opportunity to participate in GSN's online games."

About WorldWinner

WorldWinner ( www.worldwinner.com ), a controlled subsidiary of Liberty Media Corporation attributed to the Liberty Entertainment Group (NASDAQ: LMDIA), is a leading provider of online game competitions. It hosts competitions in some of the most popular casual games-including Solitaire, Bejeweled 2, Family Feud, SCRABBLE® Cubes, Wheel of Fortune and Cubis-in which players compete against one another for cash and prizes. WorldWinner's broad network of partner sites includes leading global brands, such as AOL Games, EA-Pogo, GSN.com, Lycos, MSN Games and MyPoints. WorldWinner has more than 30 million registered players worldwide.

About IAC Consumer Applications & Portals, Inc. ("IAC CAP")

IAC CAP, a wholly owned business of IAC (NASDAQ: IACI), is a leading developer of consumer applications and portals which enable users to creatively and visually express themselves online. IAC CAP brands include Zwinky ®, ZwinkyCuties (TM) Girlsense ®, Smiley Central ®, Webfetti (TM), IWON ®, Vimeo , Life123 (TM), Popular Screensavers (TM), MyFunCards (TM), Cursor Mania (TM), as well as the Excite® and MyWay (TM) portals.

Contacts: Media Contacts: WorldWinner Allison Rynak (617) 614-3734 Email: arynak@worldwinner.com Website: www.worldwinner.com Greenough Communications Susan Willson (617) 275-6529 Email: swillson@greenoughcom.com IAC Consumer Applications and Portals Deborah Szajngarten (914) 826-2153 Email: Deborah.szajngarten@iaccap.com