Expedia, Inc. Announces Pricing of Senior Notes Offering

Expedia, Inc. (NASDAQ: EXPE) today announced that it has agreed to sell $500 million aggregate principal amount of 4.50% senior notes due 2024 (the "Notes"). The Notes will be guaranteed by certain subsidiaries of Expedia, Inc. The offering of the Notes is expected to close on August 18, 2014. Expedia expects to use the net proceeds from the offering for general corporate purposes.

J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, BNP Paribas Securities Corp., RBC Capital Markets, LLC and RBS Securities Inc. are the joint book-running managers of the offering.

The offering is being made pursuant to an effective shelf registration statement (File No. 333-197974) 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: J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Ave., New York, NY 10179, Telephone: (212) 834-4533 or Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor,New York, NY 10038, Attn: Prospectus Department, Toll-Free Number: 1-800-294-1332, Email:dg.prospectus_requests@baml.com. 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.