Doug Lebda, Tree.com Chairman and CEO, Buys $3.65 Million in Common Stock

CHARLOTTE, N.C., Feb. 9, 2009 (GLOBE NEWSWIRE) -- Doug Lebda, Chairman and CEO of Tree.com, Inc. (Nasdaq:TREE), agreed to purchase 935,000 newly issued shares of unregistered restricted common stock from the company at $3.91 per share, based on the Friday, February 6, 2009 closing share price.

"We're pleased that Doug is making this statement of support for Tree.com," says Lance Melber, Director, Tree.com. "This purchase further aligns his interests with all TREE shareholders."

Mr. Lebda added, "While the current mortgage market is certainly challenging, I believe strongly in the long-term prospects for this company and I want to participate financially in its success alongside our shareholders."

The shares of common stock have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Tree.com, Inc.

Tree.com, Inc. (Nasdaq:TREE) is the parent of several brands and businesses in the financial services and real estate industries including LendingTree(r), LendingTree Loans, GetSmart(r), Home Loan Center, RealEstate.com, iNest(r), and RealEstate.com, REALTORS(r). Together, they serve as an ally for consumers who are looking to comparison shop loans, real estate and other financial products from multiple businesses and professionals who compete for their business.

Tree.com, Inc. is headquartered in Charlotte, N.C. and maintains operations solely in the United States. For more information, please visit www.tree.com.

CONTACT:  Tree.com, Inc.
          Jason Schugel (Investors)
            877-640-4856
            tree.com-investor.relations@tree.com 
          Allison Vail (Media)
            704-943-8339
            allison.vail@tree.com

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