Tiscali: Sale of Excite to Ask Jeeves

Cagliari, 20th May 2005 - Tiscali announces the sale of Excite Italia BV to Ask Jeeves Inc. for a total cash consideration of EUR 6.1 millions.

The divesture of Excite Italia BV, which owns the Excite brand in key European countries, ratifies Tiscali’s focus of its portal activities under the Tiscali brand and represents another step of the announced strategy of disposing of non-core assets.