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The Knot and Barnes & Noble Join Forces; The No. 1 Wedding Resource & The Nation's Largest Bookseller Team Up to Make Wedding Planning Easier


NEW YORK--(BUSINESS WIRE)--Jan. 17, 2001--The Knot (NASDAQ:KNOT; www.theknot.com; AOL Keyword: weddings), the nation's leading wedding resource, is working with Barnes & Noble (NYSE:BKS) stores nationwide to bring the finest wedding information to their customers. Beginning with an in-store center-table promotion featuring books selected by today's leading wedding expert, Carley Roney, co-founder and editor-in-chief of The Knot and Barnes & Noble, this collaboration will extend into a series of future online and offline ventures to simplify the wedding-planning process for today's busy to-be-weds.

As of January 2001, consumers who need wedding-planning information can head to Barnes & Noble stores and choose from a variety of wedding-planning books that have been handpicked by The Knot. Roney's own three-book wedding-planning series, including the newly-released "The Knot Guide to Vows & Traditions" (Broadway Books, January 2001), will be highlighted alongside noteworthy titles such as "Things A Man Should Know About Marriage" by Scott Omelianuk and Ted Allen (Berkley Publishing, December 1999) and "The Best Bachelorette Party Book" by Becky Long (Simon & Schuster, May 2000).

For additional information on wedding planning, Barnes & Noble to-be-weds will be directed to a special area on The Knot where, along with a free Knot membership, they will receive exclusive discounts to The Knot Gift Store & Registry, a one-stop shop with over 10,000 brand name items, and The Knot Wedding Shop, an online store featuring a vast selection of today's hottest wedding supplies.

"We are thrilled to align our wedding expertise with an essential information destination such as Barnes & Noble to bring the best wedding-planning advice and tools to brides and grooms," said Roney. "This joint effort supports our goal to leave no stone unturned when it comes to helping engaged couples plan this exciting and important life event."

"We are delighted to work with The Knot, to deliver useful and accurate information to our consumers," said Mary Carlomagno, Barnes & Noble's director of sponsorships and affiliate relationships.

The Knot and Barnes & Noble will support key wedding-focused months with additional promotions throughout the year of 2001.

About The Knot Inc.

The Knot (NASDAQ:KNOT) is the leading online wedding destination and the premier wedding content provider on America Online and several other of AOL's leading brands, located at www.theknot.com and at AOL keyword: weddings. Combining comprehensive content and an active community with wedding-related commerce, The Knot provides extensive online resources to help couples plan their wedding and future lives together as a couple.

The Knot also provides offline services to the wedding market such as a series of books with Random House's Broadway Books, a semiannual gown magazine called Wedding Gowns, and, in conjunction with its subsidiary Weddingpages, regional wedding magazines that reach over 50 U.S. markets. The Knot is based in New York and has several other offices across the country.

About Barnes & Noble, Inc.

Barnes & Noble, Inc. (NYSE:BKS) operates 559 Barnes & Noble and 378 B. Dalton bookstores, and, with its acquisition of Babbage's Etc. and Funco, Inc., is the nation's largest operator of video game and entertainment software stores. Barnes & Noble stores stock an authoritative selection of book titles and provide access to more than one million titles. They offer books from more than 50,000 publisher imprints with an emphasis on small, independent publishers and university presses. Barnes & Noble is one of the world's largest booksellers on the World Wide Web (http://www.bn.com), and the exclusive bookseller on America Online (Keyword: bn). Barnes & Noble.com has the largest standing inventory of any online bookseller. Barnes & Noble also publishes books under its own imprint for exclusive sale through its retail stores and Web site.

General financial information on Barnes & Noble, Inc. can be obtained via the Internet by visiting the company's corporate Web site: http://www.barnesandnobleinc.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction 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.

This Press release may contain forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are (i) The Knot's unproven business model and limited operating history, (ii) The Knot's history of losses and expectation of significant losses for the foreseeable future, (iii) The Knot's lack of significant revenues and the risk that it may be unable to adjust spending quickly enough to offset any unexpected revenue shortfall, (iv) the significant fluctuation to which The Knot's quarterly revenues and operating results are subject, (v) The Knot's reliance on AOL, QVC and a limited number of online sponsors and advertisers, (vi) the seasonality of the wedding industry and (vi) other factors detailed in The Knot's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K and 10-Q. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

CONTACT:

The Knot Inc., New York

Elizabeth Sheehan, 212/219-8555 x1126

esheehan@theknot.com

or

Barnes & Noble, Inc.

Debra Williams, 212/633-4062

dwilliams@bn.com



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