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Hit the Freeway, the Free Way: FreeShop Puts the Mouse to the Metal With Honda Giveaway

1 June 2000

Hit the Freeway, the Free Way: FreeShop Puts the Mouse to the Metal With Honda Giveaway
 Leading Online Direct Marketing Network Gives Consumers Insight and Savings

    SEATTLE, June 1 You've got to click it to ride -- at least
if you're hoping to get behind the wheel of Honda's new gasoline-electric
hybrid car. FreeShop.com today launched its "Hit the Freeway,
the Free Way" promotion, giving away four hard-to-find Honda Insights -- only
4,000 are available in the United States -- during the month of June.
    Starting today, each full week of June will culminate with one car -- plus
taxes, license and a full tank of gas -- being awarded to a lucky driver by
the Seattle-based company. Site visitors can enter each week by visiting
http://www.FreeShop.com and ordering any of FreeShop.com's nearly 3,000 free and
trial offers. Plus, participants can earn additional entries a by telling
friends about the contest or joining Club FreeShop, a free email newsletter
program that alerts members to great offers and deals.
    "We're constantly searching for unique, quality offers to bring to our
consumers," said Tim Choate, Chairman and CEO of FreeShop.com. "When the
opportunity to give away such a rare and innovative vehicle came our way, we
knew the Insight would be a perfect match for our value-oriented customers.
We're confident our millions of monthly visitors will be as excited about this
promotion as we are."
    The Honda Insight, which first went on sale in December 1999, has won
numerous accolades, including the Sierra Club's first-ever award for
Excellence in Environmental Engineering and Automobile Magazine's "Technology
of the Year" award. The country's most fuel-efficient car, the Insight comes
fully loaded with dual front airbags, power windows, mirrors and door locks, a
remote entry system, AM/FM stereo cassette, alloy wheels and much more. The
value of each prize, including taxes and license fees, is approximately
$21,000.

    About FreeShop.com, Inc.
    FreeShop.com is a leading online direct marketing network, specializing in
customer acquisition for marketers. Consumers seeking to explore, learn about
or try new products can choose from a variety of free, trial and promotional
offers from hundreds of well-known companies.
    The FreeShop Network includes FreeShop.com (http://www.freeshop.com), featuring
nearly 3,000 free and trial offers; Desteo (http://www.desteo.com), offering over
15,000 free travel brochures and other travel planning resources; CatalogSite
(http://www.catalogsite.com), offering hundreds of free catalogs; Free Magazine Shop
(http://www.freeshopmagazines.com), offering 90-day trial incentives for nearly
1,000 magazine subscription titles; and FreeShop Coupons and Deals
(http://www.freeshopcoupons.com), featuring over 35,000 national and local coupons.
FreeShop.com is headquartered in Seattle, Washington, and publicly traded on
Nasdaq: FSHP. For more information, please visit
http://corporate.freeshop.com .
    This press release contains statements which may constitute
"forward-looking statements" within the meaning of the Securities Act of 1933
and the Securities Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act of 1995. Such statements include comments regarding the
ability and anticipated timing for the company to achieve profitability and
the future rate of growth of FreeShop.com. Prospective investors are cautioned
that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and actual results may differ
materially from those contemplated by such forward-looking statements.
Important factors currently known to management that could cause actual
results to differ materially from those in forward-looking statements include,
without limitation, fluctuation of the company's operating results, the
ability to compete successfully and the ability to integrate acquired
companies. For additional factors that may cause actual results to differ
materially from those contemplated by such forward-looking statements, please
see the "Risk Factors" described in the company's Annual Report on Form 10-K,
dated March 31, 2000, and other reports and filings, which Risk Factors are
incorporated herein as though fully set forth. The company undertakes no
obligation to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to future
operating results.

    CONTACT:  Heidi Hutchinson of FreeShop.com, Inc., 206-441-9100, ext. 211,
or heidih@freeshop.com; or Heather Snavely of Edelman Public Relations,
206-223-1606, or heathers.snavely@edelman.com, for FreeShop.com, Inc.