euro adhoc: MatchNet plc / Management Changes / MatchNet plc Announces Appointment of CEO Appointment of Ernst & Young LLP as Independent Auditors (E)

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LOS ANGELES, CA - 25.02.2004 - MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard), one of the largest providers of online personals worldwide, announced today that it has named Todd Tappin as the Company’s new CEO. Formerly, Mr. Tappin was CFO of Overture Services, which was recently successfully sold to Yahoo!, Inc., a transaction that Todd co-led. MatchNet’s founding chairman and CEO, Joe Shapira, and founding president, Alon Carmel, will take on the roles of co-chairman. Mr. Shapira and Mr. Carmel remain actively involved in product design and development initiatives as well as driving expansion into new markets.

MatchNet also announced today that it has appointed Ernst & Young LLP as the Company's independent auditors starting with the year ended December 31, 2003. The appointment of Ernst & Young was made after careful consideration by the Board of Directors, and the management of the company and concludes an extensive evaluation process.

With the additional appointment of Ernst & Young, MatchNet has put in place the essential management and structural dimension necessitated to support the planned NASDAQ listing. In addition, further announcements of new appointments to our board of directors are expected to additionally endorse this initiative.

About MatchNet plc:
MatchNet plc is one of the world’s largest providers of online dating services. The MatchNet network includes AmericanSingles®.com, DateTM.ca, FaceLink®.com, MatchNet.de, MatchNet.co.uk, and MatchNet.com.au. In addition, the Company operates JDate®.com & JDate.co.il, the dominant Jewish dating services worldwide; GlimpseTM.com, an online dating community for relationship-minded gay men and women; and CollegeLuvTM.com, an online destination for the college-age demographic. MatchNet was incorporated in England in 1998. More information is available at www.MatchNet.com.
IR Contact:
Elmar Bob
Tel.: +49 (69) 74 09 37 88
Fax: +49 (69) 74 09 37 87
E-Mail: elmar@matchnet.com

Further inquiry note:
Elmar Bob
+49 (69) 74 09 37 88
elmar@matchnet.com
Tel: +49(0)69 74093788
FAX: +49 (0) 69 74093787
Email: elmar@matchnet.com

Emittent: MatchNet plc Arndtstrasse 51 DE-60325 Frankfurt Tel: +49(0)69 74093788 FAX: +49 (0) 69 74093787 Email: elmar@matchnet.com WWW: Http://www.matchnet.com ISIN: US5766601042 WKN: 930129 Indizes: Classic All Share, Prime All Share, Prime Standard Börsen: regulated dealing Frankfurter Wertpapierbörse; free trade

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Niedersächsische Börse zu Hannover, Berliner Wertpapierbörse, Bayerische Börse, Hamburger Wertpapierbörse, Bremer Wertpapierbörse (BWB), Börse Düsseldorf, Baden-Württembergische Wertpapierbörse Branche: Online
Sprache: Englisch

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