LendingTree CEO Joins Charlotte Chamber Board of Directors

CHARLOTTE, N.C., March 12, 2007 - LendingTree, LLC Chief Executive Officer Thomas J. Reddin has joined the board of directors of the Charlotte Chamber.

“We value Tom’s commitment to our community through his leadership on our board,” said Chamber President Bob Morgan. “His contributions will help us achieve our vision to make Charlotte the best region in the nation to live and conduct business.”

Added Reddin, “I’m pleased to be part of the Chamber’s efforts in workforce and economic development, and see my service as a great opportunity to help the Charlotte region grow in a measured, smart and sustainable way. I believe one of the key components in the area’s long-term success will be its continued ability to attract and maintain a robust local talent pool. This has been an important factor in our historic growth and success at LendingTree, and it’s becoming even more critical for us as we expand our local workforce with the addition of new jobs.”

About LendingTree, LLC

LendingTree, LLC is the nation’s number one online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete for their business. Since inception, LendingTree has facilitated more than 20 million loan requests and $152 billion in closed loan transactions. LendingTree provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans, credit cards and high-yield savings accounts via www.lendingtree.com and 800-555-TREE.

Launched in 1998 with headquarters in Charlotte, North Carolina, LendingTree, LLC is part of IAC Financial Services and Real Estate, an operating company of IAC (NASDAQ: IACI), which also owns or operates LendingTree Loans sm, LendingTree Settlement Services, LLC, GetSmart®, RealEstate.comsm, Domania®, and iNest Realty, Inc.