Priceline.com And Lowestfare.com Pick GOGO Worldwide Vacations As Supplier For New Line Of Discount Vacation Products

Vacation Packages Cover Over 200 Popular Destinations, Including:Hawaii, Mexico, Las Vegas, the Bahamas, the Caribbean, Europe,the South Pacific and More

NORWALK, Conn.--(BUSINESS WIRE)--Nov. 5, 2002-- Priceline.com^® (Nasdaq: PCLN), the Name Your Own Price(sm) Internet service and its published-price discount travel affiliate, Lowestfare.com^®, announced today that they have chosen GOGO Worldwide Vacations as the supplier for a new line of vacation packages that the two Web sites will integrate into their own product offerings beginning later this year.

GOGO Worldwide Vacations is one of oldest - and biggest - leisure travel wholesalers to the travel agent market. GOGO is widely credited with advancing the concept of "package travel". Today, it offers the largest vacation package lineup in the travel industry - over 200 destinations on four continents, including popular spots like the Caribbean, Mexico, Europe, Central America, the South Pacific, the Bahamas, Las Vegas, Hawaii, Florida, U.S. ski destinations and more. Over 1 million travelers take GOGO-packaged vacations annually.

Priceline.com launched a Name Your Own Price(sm) vacation service in May 2002, using its own inventories of airline tickets and hotel rooms. Priceline.com said it chose to expand its vacation lineup through the integration of GOGO's extensive and unique inventory of vacation package options. GOGO's longstanding relationships with many resorts and travel suppliers will significantly increase the vacation options available to priceline.com customers.

"Priceline.com's vacation service allows customers to pick their exact hotel for vacation packages to nearly 30 U.S. cities and beach resorts, plus great deals to Hawaii, Mexico, Canada, Europe and the Caribbean," said Andrew Cooper, Vice President and head of priceline.com's vacation service. "Flexible travelers using priceline.com can achieve savings of up to 50 percent versus buying their air and hotel separately. Now, by supplementing our own offerings with those from GOGO, we can provide our customers with the best prices for even more vacation options."

"Priceline.com is an excellent partner for GOGO Worldwide Vacations, because both of our names are synonymous with great deals and real consumer value," said Jacques DiCroce, Sr. Vice President of GOGO's Outsource Division. "We look forward to bringing our extensive inventories and attractive pricing to priceline.com and Lowestfare.com customers."

Under the terms of the agreement, GOGO will furnish priceline.com and Lowestfare.com with its full range of vacation packages. In addition, priceline.com and Lowestfare customers will have access to GOGO's unique online search capabilities and customer support expertise.

About Priceline.com

Priceline.com offers products for sale in four categories: a travel service that offers leisure airline tickets, hotel rooms, rental cars, vacation packages and cruises; a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee; an automotive service that offers new cars; and a telecommunications service that offers long distance calling services. Priceline.com also owns the Internet domain names and trademarks of LowestFare.com, another Web-based travel site. Priceline.com licenses its business model to independent licensees, including pricelinemortgage and certain international licensees.

About GOGO Worldwide Vacations

GOGO Worldwide Vacations is the leading wholesaler of vacation packages in the United States. With 50 offices, GOGO Worldwide Vacations services over 20,000 travel agencies nationwide, offering agents the largest variety of package vacations in the world, including products on four continents encompassing over 3,500 hotels, more than a dozen airlines, and a multitude of transportation, sightseeing, and rental car companies. With unquestioned financial stability, GOGO enjoys a 51-year reputation as an industry leader in product, service and reliability.

Information About Forward-Looking Statements

This press release may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict; therefore, actual results may differ materially from those expressed, implied or forecasted in any such forward-looking statements. Expressions of future goals and similar expressions including, without limitation, "may," "will," "should," "could," "expects," "does not currently expect," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "targets," or "continue," reflecting something other than historical fact are intended to identify forward-looking statements. The following factors, among others, could cause the Company's actual results to differ materially from those described in the forward-looking statements: adverse changes in general market conditions for leisure and other travel products as the result of, among other things, terrorist attacks or hostilities; adverse changes in the Company's relationships with airlines and other product and service providers including, without limitation, the withdrawal of suppliers from the priceline.com system; the effects of increased competition; systems-related failures and/or security breaches; the Company's ability to protect its intellectual property rights; losses by the Company and its licensees; final adjustments made in closing the quarter; legal and regulatory risks and the ability to attract and retain qualified personnel. For a detailed discussion of these and other factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements, please refer to the Company's most recent Form 10-Q, Form 10-K and Form 8-K filings with the Securities and Exchange Commission. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:
Priceline.com
Brian Ek, 203/299-8167
brian.ek@priceline.com