AAA Selects LendingTree to Provide Members with Home Loan and Realty Services

LendingTree to provide mortgage, home equity loans and real estate services to AAA members

CHARLOTTE, N.C. and HEATHROW, Fla., May 3, 2004 -- LendingTree, Inc.®, the leading online lending and realty services exchange, today announced an agreement with AAA to provide mortgage, home equity loans, and realty services to AAA members in participating clubs.

Through this partnership, LendingTree will provide qualified AAA members with multiple, competitive loan offers from its network of mortgage and home equity lenders. Eligible members who buy or sell a home using a REALTOR® from the LendingTree Realty Services network will receive a AAA vacation.

"The AAA Home Loans and Realty Services program is a perfect complement to the platform of valuable services AAA provides to its members," said Bob Harris, chief marketing officer of LendingTree. "The addition of LendingTree's loan and real estate products, paired with these exclusive incentives, gives AAA members more for their membership and enables them to enjoy the choice, convenience and value provided by the Lenders and REALTORS® on the LendingTree network.

"We continually strive to partner with high quality companies like LendingTree who can provide our members with valuable products and services," said Scott Denman, Managing Director of AAA Financial Services. "We are committed to provide AAA members with access to a broad range of value-added, cost-effective, and convenient products and services. Our partnership with LendingTree will enable us to provide our members with access to a broad base of Lenders and REALTORS® who can offer competitive home loan products and full-service real estate service professionals."