Lycos, Inc. Announces Public Offering of Common Stock

Waltham, Mass., January 26, 2000 – Lycos, Inc. (Nasdaq: LCOS) announced today that it has commenced a public offering of 6 million shares of its Common Stock at a public offering price of $77.375 per share. All of the shares are being offered by the Company. The managing underwriters for the offering are Credit Suisse First Boston Corporation, Goldman, Sachs & Co., Merrill Lynch & Co., Allen & Company Incorporated, Bear, Stearns & Co. Inc. and Hambrecht & Quist LLC. The underwriters have an over-allotment option to purchase up to 900,000 additional shares of Common Stock from the Company.

A copy of the final prospectus related to this offering may be obtained by contacting the Prospectus Departments of:

Credit Suisse First Boston Corporation
11 Madison Avenue
New York, NY 10010
(212) 325-2000
 

Goldman, Sachs & Co.
85 Broad Street
New York, NY 10004
(212) 902-1171
 

Merrill Lynch & Co.
World Financial Center – North Tower
250 Vesey Street
New York, NY 10281
(732) 885-2760
 

Allen & Company Incorporated
711 Fifth Avenue
New York, NY 10022
(212) 832-8000
 

Bear, Stearns & Co. Inc.
Prospectus Department
245 Park Avenue
New York, NY 10167
(212) 272-1581
 

Chase H&Q
One Bush Street
San Francisco, CA 94104
(415) 439-3000
 

About Lycos, Inc.
Founded in 1995, Lycos, Inc. is a leading Web media company and owner of the Lycos Network, one of the most visited hubs on the Internet reaching nearly one out of every two U.S. Web users. The Lycos Network is a unified set of Web sites that attracts a diverse audience by offering a variety of services, including leading Web navigation resources, homepage building and other Web community services and a comprehensive shopping center. The Lycos Network is composed of premium sites: Lycos.com, Tripod, WhoWhere, Angelfire, MailCity, HotBot, HotWired, Wired News, Webmonkey, Suck.com, Sonique, Quote and Gamesville.com. Lycos.com (http://www.lycos.com), “Your Personal Internet Guide,” is dedicated to helping each individual user locate, retrieve and manage information tailored to his or her personal interests. Headquartered near Boston in Waltham, Mass., Lycos, Inc. is a global Internet leader with a major presence throughout U.S., Europe, Asia and Latin America.