MatchNet plc

euro adhoc: MatchNet plc
Earnings Forecast
MatchNet plc closes capital raise MatchNet plc announces guidance for fiscal year 2004 (E)

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Los Angeles, January 14th, 2004 - MatchNet plc (MHJG: Frankfurt Stock Exchange - Prime Standard), one of the largest providers of online personals worldwide, announced the closing of a capital raise to support the announced acquisition of a jewish competitor. The capital raise of 600,000 shares was placed with the institutional investors Jacob Internet Fund and Fidelity Investments at a price of EUR 4.80 per share. The total of outstanding shares is now 20,587,112 shares.

MatchNet plc expects revenues for fiscal 2004 to be between $65 million and $70 million (USD). MatchNet expects EBITDA for the 2004 fiscal year to be between $12 million and $16 million (USD).

The Company will provide operating highlights for fourth quarter 2003 and discuss current initiatives during a live teleconference on Wednesday, January 14, 2004 at 7:30 a.m. Pacific time (US & Canada), 3:30 p.m. London and 4:30 p.m. Frankfurt time. Call Title is: "MatchNet Q4 2003 Highlights & Current Initiatives". Toll-Free access number is: (United States): 888-273-9887 International access number is: +1-612-332-0802 For More Information: Elmar Bob + 49 69 74 09 37 88 Elmar@MatchNet.com

end of announcement            euro adhoc 14.01.2004
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Further inquiry note: Elmar Bob + 49 69 74 09 37 88 Elmar@MatchNet.com

Branche: Online
ISIN:      US5766601042
WKN:        930129
Index:    Classic All Share, Prime All Share, Prime Standard
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Niedersächsische Börse zu Hannover / free trade
              Berliner Wertpapierbörse / free trade
              Bayerische Börse / free trade
              Hamburger Wertpapierbörse / free trade
              Bremer Wertpapierbörse (BWB) / free trade
              Börse Düsseldorf / free trade
              Baden-Württembergische Wertpapierbörse / free trade



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