December 21, 1999, San Francisco, Calif. - eGroups, Inc. (http://www.egroups.com) the leading email groups service, today announced it closed a $42 million mezzanine investment round. eGroups is currently funded by CMGI, Sequoia Capital, Atlas Venture and Bertelsmann Ventures, all of whom participated in this financing. This latest round of funding was led by Bank of America Ventures and included investments from Comdisco Ventures and several Japanese investors including Recruit, Co., NTT-X, The Nomura Securities Corporation and Impress Corporation.

"Email group communications is one of the fastest growing categories today and will touch the lives of virtually everyone with an email address," said Michael Klein, President and CEO of eGroups, Inc. "Anyone with a passion and an email address can use eGroups. As the category leader, we are committed to not only deliver the best email group service to our members, but also to provide the best content-driven targeting solutions to our advertisers."

eGroups, Inc. has offices in California, New York, Germany and Japan, and employs 150 people. The company, which is growing at the rate of one million new members every 20 days, currently serves 14 million members exchanging nearly 48 million messages each day in over 280,000 diverse and active groups.

About eGroups, Inc.

eGroups, Inc. empowers people to share interests and ideas by delivering the world's best email groups service. The company serves more than 14 million members and hosts more than 280,000 active email groups exchanging more than 1.4 billion emails per month. These free email groups provide easy features such as group calendars, file sharing, polling features and group archives. eGroups provides specialized services and targeted advertising solutions tailored to each group. eGroups is a privately held company based in San Francisco and Redwood City, California. For more information, please visit http://www.ONElist.com and http://www.eGroups.com.