Expedia, Inc. Announces Pricing of Senior Notes Offering, Total EURO$650M

Today, Expedia, Inc. ("Expedia") announced that it has agreed to sell €650 million aggregate principal amount of 2.500% senior notes due 2022 (the "Notes"). The Notes will be guaranteed by certain subsidiaries of Expedia, Inc. The offering of the Notes is expected to close on June 3, 2015. Expedia expects to use the net proceeds from the offering to fund a portion of the cash consideration payable in connection with its previously announced proposed acquisition of Orbitz Worldwide, Inc. and for other general corporate purposes. BNP Paribas, Goldman, Sachs & Co, J.P. Morgan Securities plc, Merrill Lynch International, Mizuho International plc and RBC Europe Limited are the joint book-running managers of the offering, and HSBC Bank plc, Mitsubishi UFJ Securities International plc, SMBC Nikko Capital Markets Limited, Barclays Bank plc and U.S. Bancorp Investments, Inc. are the co-managers of the offering. The offering is being made pursuant to an effective shelf registration statement (File No. 333-197974), as amended, filed with the Securities and Exchange Commission ("SEC"). The offering will be made only by means of a prospectus supplement and the accompanying base prospectus, copies of which may be obtained by contacting: BNP Paribas, 10 Harewood Avenue, London, NW1 6AA, United Kingdom (fax: +44 20 7595 2555); Attention: Fixed Income Syndicate, Goldman, Sachs & Co., 200 West Street, New York, NY 10282; Attention: Registration Department or J.P. Morgan Securities plc, 25 Bank Street, Canary Wharf, London E14 5JP, United Kingdom (fax: +44 20 3493 0682; Email: Head_of_EMEA_DCMG@jpmorgan.com); Attention: Head of Debt Syndicate and Head of EMEA Debt Capital Markets Group. An electronic copy of the preliminary prospectus supplement, together with the accompanying prospectus, is also available on the SEC's website, www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.