Lycos People Search & Discussion Search Deliver on Connections Strategy, Leverage Lycos' Search Heritage

WALTHAM, Mass. - August 23, 2004 - Delivering on its promise to connect people to individuals and things that matter most to them in their lives, Lycos U.S., part of Terra Lycos (NASDAQ: TRLY), the global Internet Group, today unveiled its Lycos People Search and Lycos Discussion Search products. The new products, two key components of the company's personal connectivity strategy announced earlier this year, are specifically designed to help users search and find people and topics that are most significant and relevant to them. Lycos' new tools are unique given their aggregating, one stop search convenience. The company will leverage its critical mass of 37 million monthly unique users to generate use of the products and fuel the revenue stream behind the business model. "We are pleased to unveil Lycos People Search and Discussion Search, the first in a series of Lycos connectivity products," said Mark Stoever, CEO of Lycos U.S. "We are pursuing a focused path where we know we can add value to our user and advertiser audiences by building on Lycos' core strengths in the areas of search and subscription personal publishing services. The emerging personal connections and publishing space is poised for dramatic growth, and our new connectivity products position us to capitalize on the current environment." Lycos People Search - tools to accelerate search and retrieve information about people you know, whether you've lost touch with them or just want to find out more about them. People Search aggregates information available in numerous online databases including alumni directories, professional profiles and public records. Lycos Discussion Search - tools to help you locate what others are saying, writing and posting on the Web about topics of interest to you. This search tool retrieves information from some of the Web's most popular public community boards and forums, collecting information in one place for easy use. Lycos People and Discussion Search product launches will be supported by on-line advertising campaigns and extensive site integration kicking off later in the year. To rapidly establish a solid user base for its People and Discussion Search products, Lycos will heavily market to its 37 million monthly user base. "The new Lycos aims to help users find people and share their passions. These products are a first step in realizing that goal," Stoever added.

About Lycos, Inc.

Lycos is one of the original and most widely known Internet brands in the world, evolving from one of the first search engines on the web, into a comprehensive network of social media web sites that foster online communities.

Lycos has been a pioneer in intelligent spidering search technology, combining its proprietary technology with other best in class search services to provide a powerful and relevant search experience for its users.

Times change, and Lycos has changed with them, evolving into digital media power house with two major divisions

Lycos, is a network of easy to use community and social sites. Lycos's award-winning products and services include tools for blogging, web publishing and hosting, online games, e-mail, and search. The Lycos Network of sites and services include, Tripod, Angelfire, HotBot, Gamesville, WhoWhere, and Lycos Mail. Integrated, these sites help in bringing people together to interact, conduct commerce, have fun, and experience the best the Internet has to offer, is in our DNA. We offer 40 Local Sites in 120 Languages with a community spanning across 177 Countries. Lycos consistently averages 12 - 15 million monthly unique visitors in the U.S.

Lycos employs over 500 people working out of 24 offices worldwide, including the US, Argentina, Brazil, Chile, Uruguay, Mexico, the UK, France, Germany, Italy, Ukraine, Sweden, Serbia, Israel, China, Thailand, Panama, India, Emirates, Russia and Australia, and with representatives or partners in Spain, South Africa, and The Netherlands.

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This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behavior of financial and digital marketing industry, and fluctuations in exchange rates; from future integration of businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Date: 2004-08-24