EXHIBIT 99.1

FOR IMMEDIATE RELEASE

                           [IAC/INTERACTIVECORP LOGO]

                IAC/INTERACTIVECORP TO COMMENCE SHARE REPURCHASES

NEW YORK - MARCH 28, 2005 - IAC/InterActiveCorp (NASDAQ: IACI) announced today
that it would commence purchasing shares of its common stock as soon as March
29. IAC is currently authorized to purchase up to 102.9 million shares of its
common stock pursuant to the two previously announced share repurchase
authorizations by its Board of Directors in November 2003 and November 2004. The
repurchases by IAC are in furtherance of its announced intention to offset a
portion of the dilution that will result following its pending acquisition of
Ask Jeeves, Inc. (NASDAQ: ASKJ).

IAC intends to enter into a purchase plan designed to comply with Rule 10b5-1
(the "10b5-1 Plan") under the Securities Exchange Act of 1934, as amended (the
"Exchange Act"). Pursuant to the 10b5-1 Plan, an agent appointed by IAC will
determine the time, amount and price at which purchases of IAC common stock will
be made in the open market, subject to certain parameters established in advance
by IAC. The plan generally calls for purchases of 25% of the average daily
trading volume for IAC common stock for the preceding four calendar weeks,
which, as of today, was approximately 1.1 million shares daily. The 10b5-1 Plan
will terminate no later than the earlier of the date that proxy materials
relating to the proposed IAC spin-off of its travel related businesses are
mailed to IAC stockholders and the date that proxy materials related to the Ask
Jeeves transaction are mailed to Ask Jeeves stockholders, or otherwise as
established in the plan. IAC may also purchase stock in privately negotiated
transactions.

Repurchased shares of IAC common stock will be held as treasury shares. In light
of IAC's intended repurchases, IAC today is filing a Form 8-K with the
Securities and Exchange Commission in order to provide certain information that
may be of interest to investors about IAC's current plans for its previously
announced spin-off transaction.

ABOUT IAC/INTERACTIVECORP

IAC operates leading and diversified businesses in sectors being transformed by
the internet, online and offline ... our mission is to harness the power of
interactivity to make daily life easier and more productive for people all over
the world. To view a full list of the companies of IAC please visit our website
at http://iac.com.

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SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements include statements relating to IAC's anticipated financial
performance, business prospects, new developments and similar matters, and/or
statements preceded by, followed by or that include the words "believes,"
"could," "expects," "anticipates," "estimates," "intends," "plans," or similar
expressions. These forward-looking statements are based on management's current
expectations and assumptions, which are inherently subject to uncertainties,
risks and changes in circumstances that are difficult to predict. Actual results
may differ materially from those suggested by the forward-looking statements due
to a variety of factors, including changes in business, political, and economic
conditions due to the threat of future terrorist activity or otherwise, actions
and initiatives by current and potential competitors, changes in the
availability of favorably priced inventory, changes in occupancy rates, the
effect of current and future legislation or regulation, the ability to make cost
efficient expenditures in connection with expanding our reach, the ability to
expand our reach into international markets, and certain other additional
factors described in IAC's filings with the Securities and Exchange Commission.
Other unknown or unpredictable factors also could have material adverse effects
on IAC's future results, performance or achievements. In light of these risks,
uncertainties, assumptions and factors, the forward-looking events discussed in
this press release may not occur. You are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date stated, or
if no date is stated, as of the date of this press release.

IAC is not under any obligation and does not intend to make publicly available
any update or other revisions to any of the forward-looking statements contained
in this press release to reflect circumstances existing after the date of this
press release or to reflect the occurrence of future events even if experience
or future events make it clear that any expected results expressed or implied by
those forward-looking statements will not be realized.

WHERE TO FIND ADDITIONAL INFORMATION ABOUT THE ASK JEEVES ACQUISITION

IAC intends to file a registration statement with the Securities and Exchange
Commission ("SEC") that will include a combined proxy statement/prospectus of
Ask Jeeves and IAC and other relevant documents in connection with the proposed
merger. Ask Jeeves stockholders should read the proxy statement/prospectus and
other relevant materials when they become available, because they will contain
important information about Ask Jeeves, IAC and the proposed merger.

In addition to the documents described above, Ask Jeeves and IAC file annual,
quarterly and current reports, proxy statements and other information with the
SEC. The proxy statement/prospectus and other relevant materials (when they
become available), and any other documents filed with the SEC by Ask Jeeves or
IAC are available without charge at the SEC's website at WWW.SEC.GOV, or from
the companies' websites, at WWW.ASK.COM and WWW.IAC.COM, respectively.

Ask Jeeves, IAC and their respective officers and directors may be deemed to be
participants in the solicitation of proxies from Ask Jeeves stockholders in
connection with the proposed merger. A description of certain interests of the
directors and executive officers of Ask Jeeves is set forth in Ask Jeeves' proxy
statement for its 2004 annual meeting, which was filed with the SEC on





April 16, 2004. A description of certain interests of the directors and
executive officers of IAC is set forth in IAC's proxy statement for its 2004
annual meeting, which was filed with the SEC on April 29, 2004. Additional
information regarding the interests of such potential participants will be
included in the definitive proxy statement/prospectus and other relevant
documents to be filed with the SEC in connection with the proposed merger.


WHERE TO FIND ADDITIONAL INFORMATION ABOUT THE IAC SPIN-OFF

In connection with the proposed spin-off it is currently expected that IAC will
file a proxy statement/prospectus with the Securities and Exchange Commission
(the "SEC"). Stockholders of IAC are urged to read the proxy
statement/prospectus, when it becomes available, because it will contain
important information about IAC, the proposed spin-off transaction and related
matters. Investors and security holders can obtain free copies of the proxy
statement/prospectus when it becomes available by contacting Investor Relations,
IAC/InterActiveCorp, Carnegie Hall Tower, 152 W. 57th Street, 42nd Floor, New
York, NY 10019 (Telephone: (212) 314-7400). Investors and security holders can
also obtain free copies of the proxy statement/prospectus and other documents
filed by IAC and Expedia with the SEC in connection with the proposed spin-off
transaction at the SEC's web site at www.sec.gov.

In addition to the proxy statement, IAC files annual, quarterly and current
reports, proxy statements and other information with the SEC, each of which
should be available at the SEC's web site at www.sec.gov. You may also read and
copy any reports, statements and other information filed by IAC at the SEC
public reference room at 450 Fifth Street, N.W., Washington, D.C. 20549. Please
call the SEC at 1-800-SEC-0330 for further information.

IAC and its directors, executive officers and certain members of management and
other employees may be deemed to be participants in the solicitation of proxies
of IAC's stockholders to approve the proposed spin-off transaction. Such
individuals may have interests in the transaction as described herein, including
as a result of current holdings of options or shares of IAC's stock and future
holdings of options or shares of Expedia's stock, which will be impacted in the
transaction. Information regarding IAC and the equity interests of its directors
and officers who may be deemed to be participants in the solicitation of proxies
is contained in IAC's proxy statement, filed with the SEC on April 29, 2004.

CONTACTS:

IAC INVESTOR RELATIONS
212/314-7400
Roger Clark
Lauren Porat

IAC CORPORATE COMMUNICATIONS
Andrea Riggs 212/314-7280
Deborah Roth 212/314-7254