LendingTree Receives Platinum Award from American Red Cross of Orange County

CHARLOTTE, N.C., October 3, 2006 - Last week LendingTree accepted the Platinum Achievement Award from the American Red Cross of Orange County at its annual sponsor recognition breakfast.

The Platinum Achievement Award is presented to an ambassador organization that increases blood donations by at least forty percent year-over-year. LendingTree employees well surpassed the mark by donating 133% more blood in 2006 than in 2005.

“We are proud to receive this award because the American Red Cross is an organization our team believes in and rallies around each year,” says Anthony Hsieh, CEO of LendingTree Loans. “This relationship allows our employees to make a difference to the lives of those in need in our community. We look forward to beating 2006 numbers next year!”

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, and credit cards 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 business of IAC/InterActiveCorp (NASDAQ: IACI), which also owns or operates LendingTree Loans, LendingTree Settlement Services, LLC, GetSmart®, RealEstate.com®, Domania®, and iNest®.