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ValueClick

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ValueClick Changes Managing Underwriters for Proposed Initial Public Offering

Santa Barbara County, CA (February 22, 2000) - ValueClick, Inc. today announced a change in managing underwriters to Goldman, Sachs & Co., Salomon Smith Barney Inc. and Wit SoundView for ValueClick's proposed initial public offering of 4,000,000 shares of its Common Stock. All of these shares will be offered by ValueClick.

Copies of the preliminary prospectus may be obtained when available from Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, 212/902-1000.

ValueClick is a leading provider of performance-based Internet advertising solutions for publishers of Web sites and online advertisers. The company focuses on an advertising model known as cost-per-click or CPC, in which an advertiser pays only when an Internet user clicks on its banner advertisement.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State or jurisdiction.

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