November 22, 2004
Shopping.com Provides Fourth Quarter Guidance
Forecasts Approximately 33 Percent Revenue Growth over Prior Year Period

BRISBANE, Calif., Nov. 22 /PRNewswire-FirstCall/ -- Shopping.com Ltd. (Nasdaq: SHOP - News), a leading online shopping comparison service, today provided information about its business outlook for the fourth quarter of 2004.

For the fourth quarter, Shopping.com expects its revenues to be in the range of $33.5 million to $33.8 million, as a result of anticipated growth in online shopping this holiday season. This represents revenue growth of approximately 33 percent over the prior year period. The Company anticipates fourth quarter 2004 Adjusted EBITDA to be in the range of $8.8 million to $9.0 million.

The Company is providing this information at this time due to the timing of its initial public offering. In the future the Company expects to provide business outlook information in connection with its quarterly releases regarding its financial results.

"We are enthusiastic about the strength of our business as we head into the peak of the holiday season and we expect to report strong results for the fourth quarter." commented Dan Ciporin, Chief Executive Officer of Shopping.com. "We believe that Shopping.com provides consumers a better way to shop, and merchants a better way to sell."

About Shopping.com

Shopping.com Ltd. is a leading online comparison shopping service. The Company gathers product and merchant data from across the Internet, organizes and structures it into a comprehensive catalog, and presents the resulting information to consumers in a user-friendly interface. Shopping.com was launched in 2003 as the new brand and corporate identity of Dealtime.com, founded in 1997, and Epinions.com, founded in 1999. Adjusted EBITDA is a non-GAAP financial measure. It is not prepared in accordance with accounting principles generally accepted in the United States. This non-GAAP financial measure should not be used as an alternative to GAAP, and may be different from non-GAAP financial measures used by other companies. We define Adjusted EBITDA as net (loss) income plus interest expense, provision for income taxes, depreciation, amortization of goodwill and other purchased intangibles, stock-based compensation, and restructuring and other charges, and less interest and other income (expense), net. Adjusted EBITDA is not a measure of liquidity calculated in accordance with accounting principles generally accepted in the United States, and should be viewed as a supplement to -- not a substitute for -- financial information presented on the basis of accounting principles generally accepted in the United States. A quantitative reconciliation of this information to the most comparable information prepared in accordance with GAAP is not available because information relating to the variable accounting for repriced stock options is not accessible on a forward-looking basis.

Risks regarding forward-looking statements

This release contains forward-looking statements including statements about our expected revenues and expected financial performance. These forward-looking statements are based on management's projections and beliefs regarding Shopping.com's sales strategies, product capabilities, ability to control expenses, future sales, the growth of future merchant enrollments, the growth of online commerce and spending, and the growth of the Internet advertising market. All such forward-looking statements are based upon information available to Shopping.com as of the date hereof, and Shopping.com assumes no obligation to update any such forward-looking statement. Actual results could differ materially from Shopping.com's current expectations. Factors that could contribute to such differences include, but are not limited to, our limited operating history, unpredictable fluctuations in our quarterly revenues (particularly in the fourth quarter), potential difficulties in our ability to increase the number of merchants who use our services, and other factors and risks discussed in the Company's Form S-1 and subsequently filed quarterly reports on Form 10-Q, under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations", and elsewhere, which is on file with the Securities and Exchange Commission (the "SEC") and available at the SEC's website at www.sec.gov.

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