Lycos Travel Upgrades to First Class With Newly Expanded Services; Largest Selection of Low Prices for Air, Hotel and Car Reservations, Powered by Orbitz and Hotwire

Lycos Travel Upgrades to First Class With Newly Expanded Services; Largest Selection of Low Prices for Air, Hotel and Car Reservations, Powered by Orbitz and Hotwire

Business/Technology Editors

Terra Lycos (NASDAQ: TRLY), the leading global Internet network, today announced new travel alliances, Orbitz and Hotwire, to power air, hotel and car reservations on Lycos Travel (http://travel.lycos.com/). Lycos Travel users, from the most time-sensitive to the most price-sensitive, will now be able to use a single convenient site that allows them to search easily and efficiently for the perfect fit for their schedules and price range. Lycos Travel features access to the Internet’s largest selection of low fares from Orbitz, as well as specially negotiated discount deals from Hotwire.

The combined content from both travel providers complements Lycos Travel’s already robust vacation and cruise packages, in-depth destination guides and road trips guide, the most comprehensive on the Web. Orbitz brings Lycos Travel users access to more than 450 airlines and an advanced search tool that can scan more than two billion options in just seconds. An ideal service for travelers who must depart and arrive at a specific time or have an affinity to certain airlines, Lycos Travel users can compare schedules, prices, and airlines and make their purchases on the spot. Orbitz also provides a unique, personalized Traveler Care Service that assists travelers in a hassle-free trip. Customer Care includes proactive services such as travel alerts via mobile phone, text pager, email, PDA and fax and information on weather, airport conditions and flight delays.

In addition, Lycos Travel now also offers users access to specially negotiated discount airfares, hotel rooms and car rentals via Hotwire, a leading discount travel site. Hotwire, through their relationship with 33 airline partners, more than 6,000 hotels and several top car rental companies, helps Lycos Travel users who are flexible on certain travel details, like exact flight time or hotel name, save up to 50% on everyday airfares and up to 70% off hotel rooms.

“By teaming with Orbitz and Hotwire, Lycos Travel is able to bring our users the largest selection of low prices and more choices than ever before,” said Mark Stoever, vice president of media for Terra Lycos. “Now users can book airline tickets for their family vacation, but then also take advantage of a 50% discount on a five star hotel for a spontaneous weekend getaway.”

“We are thrilled to be a premium travel provider for Lycos Travel, delivering the most low air fares and a comprehensive selection of car and hotel products to their users,” said Mike Sands, chief marketing officer at Orbitz. “We know that teaming with Terra Lycos, one of the leading portals, will be extremely beneficial to us by allowing us to expand our reach and to introduce more consumers to an easier way to search and purchase travel. In addition, our already strong existing relationship with Hotwire has been a proven success to both companies and to the consumer.”

About Terra Lycos

Terra Lycos is a global Internet group with a presence in 43 countries in 20 languages, reaching 115 million unique users per month around the world. The group, which is the result of Terra Networks S.A.’s acquisition of Lycos, Inc. in October 2000, operates some of the most popular Web sites in the United States, Canada, Europe, Asia and Latin America, and is the largest access provider in Spain and Latin America.

The Terra Lycos network of sites includes Terra in 17 countries, Lycos in 26 countries, Angelfire.com, Atrea.com, ATuHora.com, Azeler.es, Bumeran.com, Direcciona.es, Educaterra.com, Emplaza.com, Gamesville.com, HotBot.com, Ifigenia.com, Invertia.com, Lycos Zone, Maptel.com, Matchmaker.com, Quote.com, RagingBull.com, Rumbo.com, Tripod.com, Uno-e.com and Wired News (Wired.com), and others.

With headquarters in Barcelona and operating centers in Madrid, Boston and elsewhere, Terra Lycos is traded on the Madrid stock exchange (TRR) and the Nasdaq electronic market (TRLY). For more information, please visit our corporate Web site at http://www.terralycos.com.

About Orbitz:

Orbitz is a leading online travel company offering consumers what we believe is the largest selection of low airfares, as well as deals on lodging, car rentals, cruises, vacation packages and other travel. Orbitz’ state-of the-art flight search engine searches more than 455 airlines – up to 2 billion flight and fare options – offering an unbiased and comprehensive list of airfares and schedules. Founded by the world’s leading airlines – American (AMR), Continental (CAL), Delta (DAL), Northwest (NWAC) and United (UAL) airlines – Orbitz also offers consumers a large collection of discounted web-only airfares. For more information, visit www.orbitz.com.

About Hotwire

Hotwire launched in October 2000, offering an affordable and easy way for the leisure traveler to purchase airline tickets, hotel rooms and car rentals online from trusted brands. Hotwire offers Hot-Fares(SM) on airline tickets with 33 airlines including founding partners American Airlines, America West, Continental, Northwest, United and U.S. Airways. In addition, Hotwire Hot-Rates(SM) are available at top hotels in more than 200 U.S. cities and resort destinations. Hotwire maintains a consumer focus on low prices, major travel brands and a simple user experience. Hotwire was established in San Francisco, California with investments from the Texas Pacific Group and founding airline partners. For more information, please visit www.hotwire.com.

(c)2002 Lycos, Inc. Lycos(R)is a registered trademark of Carnegie Mellon University. All other product or service marks mentioned herein are those of Terra Networks, S.A., Lycos, Inc. or their respective owners. All rights reserved.

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