The Force Is With You On Ebay

Users Flock to eBay for Star Wars Collectibles

SAN JOSE, Calif., 11th May 1999 - With the release of "Star Wars Episode I: The Phantom Menace" just one week away, fans from around the globe are coming to eBay® (NASDAQ: EBAY; www.ebay.com), the world's leading person-to-person online trading community, to find a tremendous selection of Stars Wars® items. Currently, eBay is hosting auctions of more than 21,400 Star Wars collectibles from the original "Star Wars" trilogy and the upcoming movie.

eBay has long been a hub for Star Wars fans to find a wide variety of Star Wars memorabilia, such as classic porcelain figures of Princess Leia and Darth Vader PEZ dispensers, and items from the "Phantom Menace," such as posters of Anakin Skywalker and Queen Amidala figures.

From January to March 1999, more than 129,255 auctions involving Star Wars memorabilia took place on eBay. With the upcoming release of the new movie, the availability of Star Wars merchandise on eBay is exploding.

Deanna Bock, of Kirkland, Wash., began collecting Star Wars merchandise as a child when the movies first came out twenty years ago. She and her father, Lauren, have scoured garage sales, stores and toy shows, and even posted advertisements to build upon their collection. Now, their collection is one of the largest in the Pacific Northwest. Lauren has accumulated more than 1,000 Star Wars figures and Deanna designs custom outfits for the vintage 12-inch figures. In addition, a five-by-six foot Millennium Falcon hangs from their living room ceiling surrounded by X-Wing Fighters. Both are active eBay users.

"Whenever Deanna and I have trouble hunting down a unique Star Wars collectible, we know that it will be up for auction on eBay," said Lauren Bock. "Recently, I was trying to track down two Star Wars towels, one featuring Bobba Fett and the other, Stormtroopers. I could not find them anywhere, so I checked out eBay. I ended up finding and buying them both on eBay."

"eBay has made a significant impact on my Star Wars collecting. It's the place I can go to when I want to find highly sought after or hard to find Star Wars memorabilia," said Deanna Bock. "My father and I have converted one of our bedrooms into an 'Episode I' room, full of 'Phantom Menace' collectibles. Right now we're building up our collection of the 12-inch figures. Darth Maul and the other figures that we have difficulty obtaining, I'm confident we'll find on eBay."

Talk show host Rosie O'Donnell announced on the May 5th episode of "The Rosie O'Donnell Show" that she will auction off Star Wars memorabilia from her own collection on eBay. Director George Lucas signed a few of Rosie's Star Wars collectibles that will be included in the auctions. All proceeds from Rosie's auctions will benefit the For All Kids Foundation.

eBay is an official premier sponsor for the Worldwide Trilogy Celebration in Dallas, TX. This is a Star Wars theme convention held on May 21 to 23 in conjunction with the nationwide movie release of Episode I.

About eBay
eBay (www.ebay.com), the world's personal trading community™, pioneered person-to-person online trading. Founded in 1995, eBay has developed an efficient and entertaining trading site on the Web that is available 24 hours a day, seven days a week. eBay has more than 3.8 million registered users and had more than eight million unique visitors to the site in March 1999. Currently, there are more than 1.9 million items listed for sale. More than 250,000 items are added daily in more than 1,500 categories, including: antiques; books, movies and music; coins and stamps; collectibles; computers; dolls and figures; jewelry and gemstones; photo and electronics; pottery and glass; sports memorabilia; and toys.

eBay Purchases Respected Automobile Auctioneer

SAN JOSE, Calif., 18th May 1999 -- eBay Inc.® (NASDAQ: EBAY; www.ebay.com) today announced it has acquired Kruse International, one of the world's most respected and well established brands in the collector automobile market. The strategic acquisition will enable eBay to move into the collector automobile market and continue to offer the higher priced items its community wants.

"eBay and Kruse International are a perfect match," said Meg Whitman, president and chief executive officer of eBay. "We bring together diverse and fragmented groups of customers who are very passionate about selling and buying unique items they can't find anyplace else."

Ms.Whitman added that because of Kruse's excellent reputation, leadership position and expertise in this area it will assist eBay's presence not only in the collector car market but the general automobile market as well.

"I was very impressed with eBay's management team," said Dean Kruse, the chairman and chief executive officer of Kruse International. "They understand that in order to succeed in this business you have to have good customer relations and the very best employees to service those customers. It is easy to understand why eBay is the world's leading person-to-person online trading community and why the company has been profitable from day one."

eBay users will also benefit from the many services offered by Kruse, including a team of specialists able to appraise, authenticate and rate a wide range of automobiles as well as Kruse's extensive relationships with collectors and dealers throughout the world. Kruse participates in approximately 40 car auctions each year and has held events in 46 states, the United Kingdom and Japan.

eBay said that the purchase of Kruse International and the agreement to purchase Billpoint, Inc., a second transaction announced today, will result in the issuance of eBay common stock worth approximately $275 million. Both will be accounted for as pooling of interest transactions. The number of shares to be issued in the transactions will be determined by a formula involving the average share price of eBay common stock during a period prior to the closing of the transactions. eBay expects that the transactions may be slightly dilutive during the remainder of 1999. Closing is subject to certain conditions, and eBay may recognize certain one-time expenses related to the transactions in the second quarter. Both transactions are expected to close during the second quarter of 1999.

Forward Looking Statemen
This announcement contains forward looking statements that involve risks and uncertainties, including those relating to the closing of this transaction. Actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, stock price movements, the Company's ability to integrate these new businesses and all of the factors that may influence future business and financial results, including those set forth in the Company's Form 10-K for the period ended 31st December 1998, its form 10-Q for the period ended 31st March 1999 and the Company's prospectus on Form S-1 dated 12th April 1999. All forward looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements.

About eBay
eBay (www.ebay.com), the world's personal trading community™, pioneered person-to-person online trading. Founded in 1995, eBay has developed an efficient and entertaining trading site on the Web that is available 24 hours a day, seven days a week. eBay has more than 3.8 million registered users and over 8 million unique people visited the site in March. Currently, there are more than 1.9 million items listed for sale. More than 250,000 items are added daily in more than 1,500 categories, including: antiques; books, movies and music; coins and stamps; collectibles; computers; dolls and figures; jewelry and gemstones; photo and electronics; pottery and glass; sports memorabilia; and toys.

eBay Announces Agreement To Acquire Payment Enabler

SAN JOSE, Calif., 18th May 1999 - eBay Inc.® (NASDAQ:EBAY; www.ebay.com) today unveiled plans to make it easier for its nearly four million members to buy and sell online. The world's largest online person-to-person trading community announced it will purchase Billpoint, Inc. Billpoint, located in Redwood City, California, facilitates person-to-person credit card payment over the Internet.

"We are committed to providing the eBay community with the simplest and easiest way to trade online," said Meg Whitman, president and chief executive officer of eBay. "Streamlining person-to-person trading is a core part of our strategy and Billpoint will offer shoppers a convenient and easy-to-use payment solution that will serve the needs of the eBay community at large."

"eBay is a recognized leader in person-to-person commerce," said Hope X. Chen, Billpoint's co-ceo and chief operating officer. "Billpoint will simplify auctions by making payments a seamless and integrated part of the trading experience."

As the pioneering online person-to-person payment enabler, Billpoint will eliminate the difficulties of dealing with paper checks and money orders. Sellers will use Billpoint to instantly accept credit cards and other forms of payment online. Buyers will use Billpoint to "buy with peace of mind." Billpoint plans to make its services available to other e-commerce sites and to individuals across the Internet.

eBay said that the agreement to purchase Billpoint and the purchase of Kruse International, a second transaction announced today, will together result in the issuance of eBay common stock worth approximately $275 million. Both will be accounted for as pooling of interest transactions. The number of shares to be issued in the transactions will be determined by a formula involving the average share price of eBay common stock during a period prior to the closing of the transactions. eBay expects that the transactions may be slightly dilutive during the remainder of 1999. Closing is subject to certain conditions, and eBay may recognize certain one-time expenses related to the transactions in the second quarter. Both transactions are expected to close during the second quarter of 1999.

Forward Looking Statement
This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the closing of this transaction. Actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, stock price movements, the Company's ability to integrate these new businesses and all of the factors that may influence future business and financial results, including those set forth in the Company's Form 10-K for the period ended December 31, 1998, its form 10-Q for the period ended March 31, 1999 and the Company's prospectus on Form S-1 dated April 12, 1999. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements.

About eBay
eBay (www.ebay.com), the world's personal trading community™, pioneered person-to-person online trading. Founded in 1995, eBay has developed an efficient and entertaining trading site on the Web that is available 24 hours a day, seven days a week. eBay has more than 3.8 million registered users and over 8 million unique people visited the site in March. Currently, there are more than 1.8 million items listed for sale. More than 250,000 items are added daily in more than 1,500 categories, including: antiques; books, movies and music; coins and stamps; collectibles; computers; dolls and figures; jewelry and gemstones; photo and electronics; pottery and glass; sports memorabilia; and toys.

About Billpoint
Billpoint (www.billpoint.com) facilitates person-to-person credit card payments over the Internet. Addressing the growing needs of auctions, classifieds and community sites, Billpoint empowers the entrepreneur in all of us by simplifying online payment collection. Billpoint, founded in 1998, is located in Redwood City, California. The company's management team brings significant expertise from both the Internet portal environment and the electronic payments industry.