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FOR IMMEDIATE RELEASE

Launch of Yahoo! Australia & NZ Cars Makes Car Hunting and Selling on the Web... Automatic
With access to the largest number of listings in the country, this comprehensive new car site makes it easy and fast to find, buy, sell and communicate all things auto

SYDNEY, January 8, 2001 Yahoo! Australia & NZ has launched a comprehensive car site (http://cars.yahoo.com.au) that enables people to buy, sell, research, get insurance for and communicate with others about cars. Fast, easy to use and with a bootload of information, the site also launches with access to the largest number of new and used car listings available in Australia thanks to a relationship with carsales.com.au.

"It's clear from our search results that a huge number of people use the Internet to research all sorts of information about cars," said Peter Crowe, Business & Commerce Producer, Yahoo! Australia & NZ. "So we've brought together all the information they need in the one place, to make it even easier."

Yahoo! Australia & NZ has worked with carsales.com.au to make it easy to locate the largest number of new and used cars for sale around the country, as well as to economically list a car for sale on both sites. With links to major automobile associations, manufacturers, auctions of automotive accessories and indepth motoring news coverage, Yahoo! Australia & NZ Cars is further organised into four major sections: Buy a Car, Sell a Car, Finance a Car and Talk Cars.

Buy a Car:
- New Car Guide. Here people can get all the specs including photos on every new car in Australia. It's easy to browse by make, or search on price range and model. - Used Cars, Dealer. Find pricing information for used vehicles from licensed dealers by browsing by car make, or do a more specific search based on: location, price range, year, make or model - Used Cars, Private. Easily searched or browsed, here people can find pricing information for used vehicles at private sale.

Sell a Car:
In this section it's easy to find out what your car is worth. People wanting to sell their car can also choose to take out a listing to appear on both Yahoo! Australia & NZ Cars and carsales.com.au for 60 days for $29 (including gst).

Finance a Car
With links to insurers and online loan calculators, this section makes it easy to calculate how much you can borrow, whether to lease or to loan, and how much insurance will cost.

Talk Cars
Here you can communicate with other car buyers and enthusiasts using the message boards, photo albums and chat rooms at Yahoo! Australia & NZ Clubs. Whether you're into dune buggys, buses, holdens, fords, four wheel drives or ferraris, it's easy to communicate with others with similar interests. For those who want to swap repair tips, get the latest on new models or meet with other car enthusiasts, clubs are a place where consumers can pose questions and share their favourite car stories. For those with that unique make it's also easy to start your own club.

"Yahoo! Australia & NZ Cars is for people looking to buy or sell a car and car enthusiasts who like to know what's new in the motoring world," said Crowe. "It's also for those who love their older car and like communicating with like minded owners."

Yahoo! Australia & NZ Cars helps consumers make informed decisions by offering valuable product, pricing, and financing information. It's easy to find the site, just type cars.yahoo.com.au into your browser (no need for a www) or head to the home page at www.yahoo.com.au and click on the link to 'Cars'.

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About Yahoo! Australia & NZ

Yahoo! Australia & NZ is part of the Yahoo! global network of sites and is one of the most recognised Internet brands in the region. By working with leading local companies, Yahoo! Australia & NZ provides comprehensive and localised media, commerce and communication services to millions of Australians and New Zealanders each month. For marketers and businesses, the company offers intelligent, innovative and integrated solutions for maximum impact. Yahoo! Australia & NZ has offices in Sydney and Melbourne and can be found on the Web at www.yahoo.com.au and www.yahoo.co.nz

About Yahoo! Inc

Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 156 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach, and is one of the most recognised brands associated with the Internet. The company also provides online business services designed to enhance the Web presence of Yahoo!’s clients, including audio and video streaming, store hosting and management, and Web site tools and services. The company’s global Web network includes 23 local World properties outside the United States. Yahoo! has offices in Europe, the Asia Pacific, Latin America, Canada and the United States, and is headquartered in Santa Clara, Calif.

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Yahoo!, Yahoo! Australia & NZ, and the Yahoo! logo are trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.

For further information, photos or interviews, please contact:

Anna Featherstone Yahoo! Australia & NZ Tel: 02 8925 0100 or email:
pr@au.yahoo-inc.com

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