EXHIBIT 99.1


                            Yahoo! to Acquire GeoCities
         Two of Web's Leading Brands Form World's Largest Online Community

SANTA CLARA, Calif., Jan. 28 /PRNewswire/ -- Yahoo! Inc. (Nasdaq: YHOO) today 
announced it has signed an agreement to acquire GeoCities, (Nasdaq: GCTY), 
the definitive leader in personal publishing tools and Web-based communities. 
The acquisition combines two of the largest and most popular services on the 
Internet. This powerful combination enhances Yahoo!'s position as one of the 
world's leading global branded Web networks.

Under the terms of the agreement, Yahoo!-Registered Trademark- will issue 
0.3384 shares of Yahoo! common stock for each share of GeoCities common 
stock. In addition, all outstanding options of GeoCities will be converted 
into Yahoo! options. The acquisition, which will be accounted for as a 
pooling of interests and is subject to certain conditions, regulatory 
approval and approval by GeoCities shareholders, is expected to be completed 
in the second quarter of 1999. Yahoo! expects to record a one-time charge in 
the second fiscal quarter of 1999 relating to acquisition expenses.

GeoCities, founded in 1994, pioneered and defined the Web community 
experience. With more than 3.5 million sites authored and hosted on 
GeoCities, the company has built one of the Web's largest communities. 
GeoCities' easy-to-use and innovative publishing tools, which recently 
received C|Net's "Editors' Choice" award, allow non-technical users to 
instantly create, publish and update content on the Web. With 74 percent more 
reach than its next closest competitor (Media Metrix, December 1998),  
GeoCities' popular personal publishing services have made it one of the top 
three individual sites on the Web. GeoCities.com's combined home/work reach 
of 33.4 percent (Media Metrix, December 1998) is evidence of its brand 
strength and broad appeal to users worldwide. With the addition of GeoCities 
to the Yahoo! network, the companies expect their combined unduplicated 
home/work reach to exceed 58 percent, which would make it the second largest 
network of properties on the Web.

"GeoCities has built the Web's most popular and widely used community," 
said Tim Koogle, chairman and CEO, Yahoo!.  "Through this acquisition, we 
are accelerating our global leadership position by combining two of the Web's 
strongest brands and most heavily used services into one powerful offering."

With more than 35 million unique registrations for its member services 
worldwide, Yahoo! has built one of the Web's largest registered communities. 
Yahoo! has continued to expand its comprehensive, global branded network of 
properties where its members can create, publish and communicate 
user-generated content with others on the Web. Through GeoCities, Yahoo! will 
be able to integrate and distribute a powerful set of state-of-the-art 
editing tools and content published through personal homepages in an array of 
services, such as Yahoo! Clubs, Yahoo! Classifieds, Yahoo! Shopping, Yahoo! 
Auctions, and other areas of the network. In addition, GeoCities provides a 
powerful platform for distributing Yahoo! services to GeoCities' extensive 
community of members, including shopping, communications, and personalized 
services.

"We are thrilled to be joining the Yahoo! team," said Tom Evans, president 
and CEO of GeoCities. "This combination will allow us to accelerate our 
offerings to GeoCities and Yahoo! users worldwide."

Yahoo!, upon completion of the merger, will exchange approximately 10,613,000 
shares of Yahoo! common stock for approximately 31,361,000 shares of 
GeoCities common stock. Additionally, Yahoo! will convert approximately 
8,945,000 GeoCities stock options into approximately 3,027,000 Yahoo! stock 
options.



About GeoCities

Based in Marina del Rey, Calif., GeoCities has offices in London, New York 
and San Francisco, and is one of the largest and fastest-growing communities 
of personal Web sites on the Internet. More than 3.5 million GeoCities 
Homesteaders have created over 32 million pages of personalized content. In 
December 1998, GeoCities attracted over 19 million unique visitors and was 
the third most trafficked Web site on the Internet, according to Media Metrix.

About Yahoo!

Yahoo! Inc. is a global Internet media company that offers a branded network 
of comprehensive information, communication and shopping services to millions 
of users daily. As the first online navigational guide to the Web, 
www.yahoo.com is a leading guide in terms of traffic, advertising, household 
and business user reach, and is one of the most recognized brands associated 
with the Internet. The company's global Web network includes 18 world 
properties. Yahoo! has offices in Europe, the Asia Pacific and Canada, and is 
headquartered in Santa Clara, Calif.

This announcement contains forward-looking statements that involve risks and 
uncertainties including the ability to successfully integrate the two 
companies, and to realize the synergies and other perceived advantages 
resulting from this acquisition, including Yahoo!'s ability to grow its user 
and advertiser bases and to achieve expectations for anticipated financial 
results based on the combined entity. More information about potential 
factors that could affect Yahoo!'s ability to make this acquisition 
successful and continue to grow the business are included in Yahoo!'s Annual 
Report on Form 10-K for the year ended Dec. 31, 1997 and Quarterly Report on 
Form 10-Q for the period ended Sept. 30, 1998, including, without limitation, 
under the captions, "Management's Discussion and Analysis of Financial 
Condition and Results of Operations," "Risk Factors," "Competition," and 
"Proprietary Rights," which are on file with the Securities and Exchange 
Commission. More information about potential factors that could affect 
GeoCities' business and financial results are in GeoCities' Form S-1 and on 
GeoCities' Quarterly Report on Form 10-Q for the period ended Sept. 30, 1998, 
which are on file with the Securities and Exchange Commission. In addition, 
information about this transaction will be included in the combined 
Prospectus and Proxy Statement to be filed with the Securities and Exchange 
Commission (http://www.sec.gov).

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