8/8/2008 -- Called for redemption per the Other OTC on 8/8/2008 at $27.77 per share plus accrued and unpaid dividends. ____________ From the form 8-K filed with the SEC on 8/9/2005 -- The face value of the new IAC Series B Cumulative Convertible Preferred Stock will be $27.77 and the initial "Trigger Price" used to determine adjustments with respect to conversion rights will be $38.98. The face value of the new Expedia Series A Cumulative Convertible Preferred Stock will be $22.23 and the initial "Trigger Price" used to determine the adjustments with respect to conversion rights will be $31.22. ________ From the form S-4/A filed with the SEC on 6/17/2005 - IAC Series A preferred stock: Each share of IAC Series A preferred stock will represent the right to receive, at the holder's election: (1) $50.00 in cash per share, plus accrued and unpaid dividends, (2) the IAC common stock and Expedia common stock that a holder of IAC Series A preferred stock would have received had the holder converted its Series A preferred stock into IAC common stock immediately prior to the spin-off or (3) one share of IAC Series B preferred stock and one share of Expedia Series A preferred stock, each of which will mirror in all material respects the terms of the current IAC Series A preferred stock, as adjusted to reflect the spin-off and the one-for-two reverse stock split.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  USA Networks, Inc., 1.99% Series B Cumulative Convertible Preferred Stock, liquidation preference $27.77 per share, redeemable at the issuer's option on or after 2/04/2012 (see the prospectus for details), maturing 2/04/2029, and with distributions of 1.99% ($0.552623) per annum paid quarterly on 2/15, 5/15, 8/15 & 11/15 paid in cash or common stock. The preferred shares are convertible any time at the holder's option. See the revised conversion formula on page 9 of the prospectus for details on the current conversion procedure. At the 5th, 7th, 10th and 15th anniversity the holder has the right to require the company to purchase all or a portion of the preferred shares. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the convertible preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Conv Shrs Conv Price	Distribution Dates	15% Tax Rate
OTCBBn OTCBBps	1.99% $0.552623	$27.77 N/A	Called for 8/08/2008 2/04/2029	Baa3 BB 7/08/2008	N/A N/A	2/15, 5/15, 8/15 & 11/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	YES

Company's Online Information Links

HOME PAGE:     http://www.iac.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Email Address	ir@iac.com
Email Request Form on Website	Go to Email Form

Address and Phone Numbers

Address:   152 West 57th Street, New York, NY 10019
Main Phone Number	212-314-7300
Fax Number	212-314-7379
Investor Relations   Roger Clark	212-314-7400
Toll Free Phone Number	Unknown

CEO - Barry Diller

VCH - Victor Kaufman

CFO - Thomas J. McInerney