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July 16, 2003

Expedia

Expedia announced Gregory Stanger plans to step down as chief financial officer later this quarter. Stanger, who has served as the company's CFO since October 1999 and as a director since February 2002, intends to resign after a transition period following the anticipated Aug. 8 closing of the merger with IAC/InterActiveCorp. The company will name a successor prior to his departure. Stanger and IAC are exploring the possibility of a new role for Stanger within IAC.




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