Chicago Radio Station WXRT-FM and Chicago-Based uBid
Team Up to Raise Money for Local School Children

CHICAGO, IL (February 20, 2001) Starting today, music fans who log onto uBid, the leading online retail auction and e-commerce site, have the chance to bid on a pair of front row tickets, provided by Atlantic Records, to the SOLD OUT Matchbox Twenty/Everclear concert on Friday, March 2, 2001 at the Allstate Arena in Rosemont, Illinois. All proceeds from the auction will be donated to the Tony Fitzpatrick Children's Art Initiative dedicated to providing art supplies to Chicago school children in order to foster and further a deeper understanding of the humanities.

"We're thrilled to be able to auction off the opportunity to attend such an exciting concert for such a great cause," said Greg Jones, president and CEO of uBid. "We strive to provide consumers with the opportunity to purchase items, services and experiences that are hard to find. Our relationship with WXRT enables us to provide music fans with the opportunity to bid on unique auction items related to the music industry, including these concert ticket which sold out within 20 minutes, while also helping out our community."

Beginning today, continuing through Monday, February 26, 2001, consumers who log onto uBid at www.ubid.com/promo/wxrt will have the opportunity to bid on the chance to attend this exciting concert experience while helping out a local charity. With bids starting at $100, and no reserve pricing, Matchbox Twenty/Everclear fans still have a chance to get in on the action and attend this sold out music event. Music fans can also access the auction through WXRT's site at www.wxrt.com.

"We are proud to partner with uBid to present a series of online charity auctions that benefit worthwhile local and national organizations," said Norm Winer, vice president of programming at 93 WXRT Chicago. "We look forward to the continued success of this program as we offer music lovers the opportunity to bid on additional unique and exciting prizes!"

About uBid
uBid, a majority-owned operating company of CMGI, Inc., is the leading retail auction and e-commerce site that offers consumers and small-to-mid-sized businesses the opportunity to purchase a wide range of brand name merchandise, often at greatly reduced prices, through live-action bidding using sophisticated auction technology. The company's Internet auctions feature a rotating selection of more than 12,000 items in each daily auction. uBid sells products in more than 12 different product categories, including: computer equipment, consumer electronics, home and leisure, sports and recreation, jewelry and gifts, apparel, home improvement products, art, appliances, and travel and events. In addition, consumers may participate in the new uBid Auction Exchange marketplace, in which third-party vendors and consumers list their items for auction.

With more than 2.0 million registered users, uBid is committed to providing its customers with the highest quality auction experience on the Internet and offers supplier warranties on most consumer products. uBid.com also meets Better Business Bureau Online standards, which gives customers the confidence and security to bid safely online. For more information, visit the company's Web site at www.ubid.com.

Winner must pick up tickets at WXRT, 4949 West Belmont Ave, Chicago, IL. Travel to and from concert is responsibility of winner.

uBid and uBid.com are trademarks of uBid, Inc. All other products and services mentioned may be trademarks or service marks of their respective owners.

This release contains forward-looking statements which address a variety of subjects including, for example, the expected ability of uBid to auction the concert ticket and other products. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: uBid's success depends on the continued and increased acceptance of its website and the Internet as a medium; consumer preferences for the products offered by uBid may change rapidly; uBid's technologies may not successfully interoperate with those of third parties; and increased competition and technological changes in the markets in which uBid competes. For a detailed discussion of these and other cautionary statements, please refer to CMGI's filings with the Securities and Exchange Commission, including CMGI's most recent Quarterly Report on Form 10-Q.

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