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BEIJING, Feb. 22 /Xinhua-PRNewswire-FirstCall/ -- SOHU.COM Inc. (NASDAQ:SOHU) , China's leading online media, communications, commerce and mobile value-added services company, today announced it has repurchased 885,605 shares of common stock between February 10 and February 17, 2005.
SOHU reports that in the period from February 10 to February 17, 2005, it purchased 885,605 shares at an average price per share of US$15.66, for total consideration of US$13,873,000 including a brokerage commission of US$0.03 per share. This completes the current stock repurchase program approved by the Board of Directors on April 26, 2004, and extended on October 27, 2004. In November 2004 the company purchased 360,500 shares for total consideration of US$6,125,000. Earlier, in May 2004, the company purchased 1,000,000 shares for total consideration of US$17,752,000.

Hotel Booking "Through three stock buybacks in the past ten months we have repurchased 2,246,105 shares, or 6% of total shares outstanding. We believe the buy-back is an attractive investment for the company and sends a positive message to our shareholders," said Charles Zhang, Chairman and CEO of SOHU.

one stock split in October 2005, the company has repurchased 67.1 million shares under the share repurchase program at an average price of $10.87 per share.

Travel Agency Safe Harbor Statement

Intuit also announced today a new stock repurchase program authorizing the purchase of up to $600 million of Intuit stock over the next three years. Intuit used all remaining funds in its last $800 million repurchase program, authorized in May 2007, quarter 2008, which ended on April 30. Since authorizing its first stock repurchase program in May 2001, Intuit has spent approximately $4.5 billion to repurchase approximately 186 million shares of its stock.

Cheap Hotel This announcement contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward- looking statement. Potential risks and uncertainties include, but are not limited to, SOHU's historical and possible future losses, limited operating history, uncertain regulatory landscape in the People's Republic of China, fluctuations in quarterly operating results, and the company's reliance on online advertising sales, wireless services (most wireless revenues are collected from a few mobile telecom operators), online games and e-commerce for its revenues. Further information regarding these and other risks is included in SOHU's Quarterly Report on Form 10-Q for the quarter ended September 30, 2004, and other filings with the Securities and Exchange Commission.

During the fourth quarter, the company bought approximately 4.4 million shares for approximately $17.5 million, reducing the fourth quarter ending shares outstanding to 44.5 million from 48.8 million at the end of the previous quarter. On October 24, 2002, the company announced that its Board of Directors had authorized a six month repurchase program of up to $30 million of its common stock, and the fourth quarter 2002 repurchase of stock was done under that program.

Flight Booking About SOHU.COM Inc.

Travel Agent (NASDAQ:SOHU) is China's premier online brand and indispensable to the daily life of millions of Chinese who use the portal network for their news, search, e-mail, wireless messaging, instant messaging, browsing, games and shopping. SOHU has built one of the most comprehensive matrices of Chinese language web properties and proprietary search engines, consisting of the mass portal and leading online media destination www.sohu.com; interactive search engine http://www.sogou.com/; the #1 online alumni club http://www.chinaren.com/ ; #1 games information portal http://www.17173.com/ ; top real estate website www.focus.cn; and wireless value-added services provider http://www.goodfeel.com.cn/ . This network of web properties offers the vast SOHU user community very broad choices regarding information, entertainment, communication and commerce. SOHU corporate services consist of online advertising on its matrix of websites as well as paid listing and bidding listing on its in-house developed search directory and engine. SOHU also offers three types of consumer services. SOHU offers wireless value-added services such as news, information, ringtone and picture content sent over mobile phones. The company also operates two massively multi-player online role-playing games and manages a business-to- consumer e-commerce platform.

Hotel Chicago SOHU.COM, established by Dr. Charles Zhang, one of China's Internet pioneers, is in its ninth year of operation.

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