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LendingTree, Inc.
6701 Carmel Road, Suite 205, Charlotte, NC 28226 * (704) 541-5351
Business Description The company is a leading Internet-based loan marketplace for consumers and lenders.
Offering
Information

Company has
gone public

Trading As  TREE (NASNTL) Industry  Internet (SIC 6163)
Type of Stock Offered  Common Shares Filing Date  12/1/99
Domestic Shares Offered  3,650,000 Offer Date  2/15/00
Foreign Shares Offered  0 Filing Range  $10.00 - $12.00
Company Shares  3,650,000 Offer Price  $12.00
Selling Shrhldrs Shares  0 Gross Spread  $0.840
Gross Proceeds  $43,800,000 Selling  $0.500
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Merrill Lynch & Co. Lead Manager (212) 449-4600
Lehman Brothers Incorporated Co-manager (212) 526-8100
PrudentialSecurities.com Co-manager  
Wit Capital Corporation Co-manager (212) 253-4400
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data       12/31/97 12/31/98 9/30/98 9/30/99
Revenues   - - - 0.002 0.409 0.282 4.028
Income from Oper.   - - - -0.966 -6.475 -3.507 -16.061
Net Income   - - - -0.963 -6.434 -3.466 -15.981
E.P.S   - - - -1.520 -2.390 -1.310 -5.850
Revenue Growth (%)      - - - 20,350.000   1,328.37
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -5.66 -2.89 -13.62
Cash Flow - Inv.     -0.23 -0.16 -0.54
Cash Flow - Fin.     8.58 3.20 48.56
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    40.29 Current Assets    39.59 Current Ratio    9.46
Total Liab.    4.19 Current Liab.    4.19 Debt Ratio    10.39%
Total Equity    36.10 Working Cap.    35.41 Debt to Equity Ratio    0.12
Cash    37.49    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for advertising and marketing, and general corporate purposes.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Skadden, Arps, Slate, Meagher & Flom
Bank's Law Firm  Brown & Wood
Auditor  Pricewaterhouse Coopers LLC
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
The Union Labor Life Insurance Company    
The Goldman Sachs Group, Inc.    
GE Capital    
Capital Z Partners    
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:43 AM
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