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INDEPENDENT AUDITORS' REPORT
To the Board of Directors and Stockholders of InfoSpace, Inc.
We have audited the accompanying consolidated balance sheets of InfoSpace, Inc. and subsidiaries (the Company) as of December 31,
2001 and 2000, and the related consolidated statements of operations and comprehensive loss, changes in stockholders' equity, and cash flows
for each of the three years in the period ended December 31, 2001. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of InfoSpace, Inc. and
subsidiaries as of December 31, 2001 and 2000, and the results of their operations and their cash flows for each of the three years in the period
ended December 31, 2001, in conformity with accounting principles generally accepted in the United States of America.
As discussed in Note 1 in the consolidated financial statements, the Company adopted Statement of Financial Accounting Standards No.
Accounting for Derivative Instruments and Hedging Activities,
effective January 1, 2001 and adopted SAB No. 101,
in Financial Statements,
effective January 1, 2000.
March 15, 2002