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Priceline.com Releases Top 10 New Car Models And Makes for April

2 May 2000

Priceline.com Releases Top 10 New Car Models And Makes for April

    NORWALK, Conn.--May 2, 2000--Priceline.com (Nasdaq: PCLN) announced today the top ten selling vehicles for April sold through priceline.com Auto Services, LLC, a wholly owned subsidiary of priceline.com.

    The April Priceline Auto Service Top Ten Cars Sold


                                                   April         March
                                                 Ranking       Ranking

Honda Odyssey                                          1             3
Honda Civic                                            2             2
Honda Accord                                           3             1
Acura 3.2 TL                                           4             7
Honda CR-V                                             5            NM
Ford F-Series                                          6            NM
Toyota Sienna                                          7             8
Volkswagen Jetta                                       8             5
Volkswagen Passat                                      9             4
Toyota Camry                                          10             6

    NM - Did not make March list.

Priceline Auto Services' Top Ten Makes for April

  1.      Honda
  2.      Toyota
  3.      Ford
  4.      Volkswagen
  5.      Chevrolet
  6.      Acura
  7.      Nissan
  8.      BMW
  9.      Lexus
  10.     Dodge


    "Last week saw Priceline Auto Services move from a regional service to one that is available in the 48 contiguous states," said Maryann Keller, president of Priceline Auto Services. "With our new car buying service now available to a broader cross-section of America, we anticipate seeing an even greater variety of vehicles represented in our top ten list in coming months."
    To mark the expansion of Priceline Auto Services, a Web-based tour of the New York International Auto Show has been made available on the priceline.com Web site. While the show ended on Sunday, visitors to priceline.com can still see the hottest cars through a number of short video segments, hosted by John Davis of PBS Motor Week and priceline.com's Maryann Keller. Consumers can check out the show at priceline.com's home page, or by going directly to http://www.priceline.com/promo/nyas.asp.

    About priceline.com

    Priceline.com, parent of priceline.com Auto Services, LLC, is the Name Your Own Pricesm patented Internet pricing system that enables consumers to achieve significant savings on a variety of goods and services. Priceline.com takes consumer offers and then either communicates these offers to participating sellers or accesses participating sellers' private databases to determine whether it can fulfill the customer's offer. Priceline.com's "virtual" business model allows for rapid scaling using the Internet.
    Priceline.com is currently selling multiple services to its sellers across four distinct product categories: a travel service that offers leisure airline tickets, hotel rooms and rental cars; a personal finance service (powered by PricelineMortgage) that offers home refinancing and home equity loans; and an automotive service that offers new cars. Priceline.com also announced that it would offer new credit card, telecommunications and business-to-business services later this year.
    Priceline.com also licensed its business model to two privately held companies -- Priceline WebHouse Club, Inc., which offers Name Your Own Pricesm retail goods, beginning with groceries; and Priceline Perfect YardSale, Inc., a local-market selling service for used household items. In return for granting licenses to the WebHouse Club and Perfect YardSale, priceline.com receives royalties and has also received warrants allowing it to purchase an equity stake in the companies under certain contingent conditions. Prior to the exercise of those warrants, the results of WebHouse Club and Perfect YardSale operations will not be included in priceline.com's financial statements.

    This press release may contain forward-looking statements. Expressions of future goals and similar expressions including, without limitation, "may," "will," "should," "could," "expects," "does not currently expect," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue," reflecting something other than historical fact are intended to identify forward-looking statements. The following factors, among others, could cause the Company's actual results to differ materially from those described in the forward-looking statements: inability to successfully expand the Company's business model both horizontally and geographically; management of the Company's rapid growth; adverse changes in the Company's relationships with airlines and other product and service providers; systems-related failures; the Company's ability to protect its intellectual property rights; the effects of increased competition; anticipated losses by the Company and its licensees; legal and regulatory risks and the ability to attract and retain qualified personnel. For a detailed discussion of these and other factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements, please refer to the Company's most recent Form 10-Q and Form 10-K filings with the Securities and Exchange Commission.