Operation Kids to Auction Once-in-a-Lifetime Experiences for Sports & Entertainment Fans, Including Caddying at Augusta and VIP Access at Daytona Raceweek

Operation Kids to Auction Once-in-a-Lifetime Experiences for Sports & Entertainment Fans, Including Caddying at Augusta and VIP Access at Daytona Raceweek

Utah Non-Profit Seeks to Raise a Minimum of $200,000 for Athlete-Supported Children's Charities; Online Auction Starts Monday, April 10th on Overstock.com Auctions

SALT LAKE CITY, April 7 /PRNewswire-FirstCall/ -- For fans who have ever dreamed of going VIP, front row and behind-the-scenes at a major sporting event or television show, Utah non-profit Operation Kids will start auctioning off these once-in-a-lifetime opportunities, in addition to rare sports memorabilia, Monday, April 10th on Overstock.com Auctions (NASDAQ:OSTK) (http://auctions.overstock.com/OKcharities). Proceeds benefit two children's charities: the Forever Young Foundation (founded by Hall of Fame quarterback Steve Young) and Right To Play, which is supported by athletes around the world, including Olympic speed skater Joey Cheek who donated his 2006 medal winnings to the organization.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a )

The 10-day online auction, which ends the evening of April 22nd when Operation Kids honors Young with a Lifetime Achievement Award at its annual fundraising gala, will give sports and TV enthusiasts a rare chance to bid on:

Caddying at the 2007 Masters Tournament*
-- Caddy for famed PGA Tour golfer Billy Casper in up to three practice
rounds; view the Tournament from the VIP area in the gallery; receive
a private tour of the course; lunch at the club house; autograph and
photo session with Casper.

Getting VIP Access at Daytona Raceweek*
-- Two tickets to all track events during Raceweek at Daytona in
February 2007; two tickets to the race with excellent seating in the
NexTel Tower; two exclusive pit passes; and an introduction to the
driver of their choice.

Attending Steve Young Official Jersey Retirement Ceremony*
-- Two premium seats to the San Francisco 49ers game when Young's jersey
is retired; two pre-game field passes; dinner for two at the 49ers
Club; meet-and-greet with Young, where he'll sign a ball and pose for
pictures; and the winner receives a signed, framed Young jersey.

A New Orleans Saints Football Fantasy Trip*
-- Two seats in quarterback Drew Brees' private luxury box at the
Superdome for any game in the '06-07 season (excluding playoffs); a
visit to the Saints locker room; photos and autographs with Brees,
including a signed football and game jersey; and dinner that evening
with Brees prepared by legendary New Orleans chef Emeril Lagasse.

A Hall of Fame Helmet Set
-- A collector's set of 13 full-size game helmets signed by 13 of the
greatest first-ballot Hall-of-Fame inductees, including Troy Aikman,
John Elway, Joe Montana, Bart Starr, Roger Staubach and Johnny Unitas.

A Lance Armstrong Tour de France Racing Jersey
-- A custom-framed, signed Discovery Channel Team jersey worn by Lance
Armstrong in the Tour de France.

A Day on the Set of CBS' New Hit Dramatic Series "The Unit"*
-- Spend a day on the set, watch the filming of an episode, join the cast
and crew for lunch, pose for pictures and get autographs.

An Afternoon on the Set of TV Land's "Sit Down Comedy"*
-- Spend an afternoon at the taping where David Steinberg, comedian and
Emmy-award director of "Seinfeld" and "Curb Your Enthusiasm" talks
with today's biggest stars in comedy; includes a backstage
meet-and-greet with photos and autographs after the show (choice of
dates and shows).

*These auctions include round-trip airfare from any US city and accommodations for two people. Some restrictions may apply.

"Our goal for this auction is simply to raise as much money as we can for children in need," said Rick Larsen, president of Operation Kids. "We have no doubt that the fans will rally to support the cause just like their favorite athletes, sporting associations and entertainers that so readily made donations."

Operation Kids' goal for the auction is to raise a minimum of $200,000 for the Forever Young Foundation, which provides academic, athletic and therapeutic opportunities for children in need, and for Right To Play, which is an athlete-driven international humanitarian organization that uses sport and play as tools for the development of children and youth in the most disadvantaged areas of the world.

"We hope to help Operation Kids meet and exceed their fundraising goal, inspired by the way they direct every dollar to make a difference," said JT Stephens, assistant vice president of Overstock.com Auctions. "Working with organizations like these spurred us to start an auction program specifically designed to promote and raise awareness for socially responsible companies and charitable causes."

For more information about Overstock.com Auction's Charity Program, email Meghan Tuohig at mtuohig@overstock.com.

About Operation Kids

Operation Kids is a 501(c)(3) public charity whose mission is to serve the needs of the Whole Child ... their education, safety, environment, health and well being ... by supporting a community of effective and deserving children's charities. Operation Kids reviews the operational efficiency and program effectiveness of noteworthy charities. Charities that serve children and which meet its stringent criteria are eligible to be called 'OK Charities' and may receive support from Operation Kids' fund- and awareness-raising efforts. For more information, visit http://www.operationkids.org/.

About Overstock.com Auctions

Overstock.com Auctions is an online community of auction buyers and sellers connected through their personal and business networks. The site offers 30% lower fees, volume discounts, a simple listing process for sellers and the Trusted Merchant Program(TM). Overstock.com Auctions can be found at http://auctions.overstock.com/.

About Overstock.com

Overstock.com, Inc. is an online "closeout" retailer offering discount, brand-name merchandise for sale over the Internet. The company offers its customers an opportunity to shop for bargains conveniently, while offering its suppliers an alternative inventory liquidation distribution channel. Overstock.com, headquartered in Salt Lake City, is a publicly traded company listed on the NASDAQ National Market System and can be found online at http://www.overstock.com/.

Overstock.com is a registered trademark, and Overstock.com Auctions and Trusted Merchant Program are trademarks of Overstock.com, Inc. All other trademarks are the property of their respective owners.

The information in this press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, the value, significance of and interest in the auctions, the minimum amount to be raised by the auctions and the impact of the final amount raised on the children's charities, and such other risks as identified in our Form 10-K for the year ended December 31, 2005, and all our subsequent filings with the Securities and Exchange Commission, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.

Photo: http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Overstock.com

CONTACT: Lynne Collins of Overstock.com, Inc., +1-831-241-8616,
lynne_collins@comcast.net

Web site: http://auctions.overstock.com/OKcharities

Web site: http://www.operationkids.org/

Web site: http://auctions.overstock.com/

Web site: http://www.overstock.com/

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