NEWS

Lycos launches new real estate destination powered by Network Communications

Waltham, Mass (September 25, 2003) - Terra Lycos (NASDAQ: TRLY and Madrid Exchange: TRR), the global Internet Group, today announced the launch of a new Lycos Real Estate, http://realestate.lycos.com, featuring one of the most comprehensive home listing sites on the Web through a new agreement with Network Communications, Inc. ("NCI"), a leading publisher and provider of printed and online real estate information and advertising in North America. Through this agreement, millions of Lycos Network users will have access to the hundreds of thousands of homes and apartments found on NCI's "Living Choices" from a dedicated link on the Lycos.com homepage as well as from numerous links across the network.

On Lycos Real Estate, users can search for a new home or apartment by location down to specific neighborhoods and sort by price or other features to make the searching process easier and faster. Featured listings in most locations include the outstanding properties presented in NCI's 500 different real estate magazines including The Real Estate Book, Unique Homes, Enclave, Apartment Finder, Mature Living Choices and New Home Finder.

"Home buying across the country continues to be one of the bright spots in the economy, and we are excited to add the new Lycos Real Estate destination to not only provide our users with a great resource as they go through the home buying process, but also to give advertisers a great place to put their messages in front of some of the best qualified targets they could ask for," said Charles Theiss, vice president of sales and operations for Terra Lycos.

"This new destination on Lycos expands the reach of our magazines online and delivers additional exposure to our home and apartment advertisers." said Daniel McCarthy, President & CEO of Network Communications. "We are pleased to be providing our quality content to the growing Lycos audience."

"The home or apartment search is an exciting time for consumers; this agreement makes that experience easier and expands our reach into this group of targeted consumers," said Glenn Goad, Senior Vice President of NCI's eBusiness. "This additional online distribution strengthens our position as a leading multimedia (in-print and online) marketing solution for our advertisers."

About Terra Lycos

Terra Lycos is a global Internet group, with a presence in 40 countries in 19 languages. The group, which resulted from Terra Networks, S.A's acquisition of Lycos, Inc. in October of 2000, operates some of the most widely visited Web sites in the US, Europe, Asia and Latin America, and is the largest access provider in Spain and Latin America.

Terra Lycos' network of Web sites includes Terra in 18 countries, Lycos in 22 countries, Angelfire.com, Atrea.com, Azeler.es, Educaterra.com, Gamesville.com, HotBot.com, Ifigenia.com, Invertia.com, Lycos Zone, Maptel.com, Matchmaker.com, Quote.com, RagingBull.com, Rumbo.com, Tripod.com, Uno-e.com and Wired News (Wired.com), among others.

Terra Lycos, with headquarters in Barcelona and operating centers in Madrid and Boston, as well as elsewhere, is listed on the Madrid stock exchange (ticker: TRR) and on the NASDAQ electronic market (ticker: TRLY).

bout Network Communications

Network Communications has publications serving the residential real estate, multifamily housing and commercial real estate markets in over 500 cities across the United States and Canada. NCI's titles include The Real Estate Book, Apartment Finder, Apartment Blue Book, Mature Living Choices, New Home Finder, Unique Homes, Enclave, Corporate Choices and Black's Guide. The company also has a significant Internet presence through its Web site, www.LivingChoices.com. For more information about the company, visit www.ncinfo.net.