T in the Park Selects Ticketmaster TicketExchange for Authorised Ticket Resale

T in the Park Selects Ticketmaster TicketExchange for Authorised Ticket Resale

LONDON and GLASGOW, Scotland, June 19/PRNewswire/ --

- Festival Goers Now Have Access to Safe and Authorised Resale and
Purchase of Valid Tickets

DF Concerts is pleased to announce the launch of TicketExchange, a new
service provided by Ticketmaster, which will enable festival-goers to
purchase and resell tickets at face value for this year's sold out T in the
Park festival.

Ticketmaster's TicketExchange is the only legitimate resale
site authorised by DF Concerts for T in the Park, and offers fans protection
from potentially fraudulent ticket resellers.

TicketExchange offers a safe, secure and legitimate alternative to
the unauthorised secondary ticketing market and it is the latest initiative
to be launched by DF Concerts and Ticketmaster for T in the Park to counter
the ever-increasing activities of the unauthorised internet resale sites.

Here's how it works: Ticket holders who have purchased T in the Park
event tickets through Ticketmaster and find that they are now unable
to attend the event, may visit the TicketExchange section of
Ticketmaster.co.uk and post their tickets for sale to other fans. Fans may
visit TicketExchange to purchase tickets offered by other fans for the
festival, in three easy steps: 1) Visit Ticketmaster.co.uk and locate T in
the Park; 2) Click the "Buy from Fans" tab to review available tickets; then
3) Simply purchase. The TicketExchange transaction is entirely automated and
processed by Ticketmaster, the recognised and trusted brand for event
ticketing. Fans who purchase tickets through TicketExchange receive a brand
new ticket complete with a new and unique barcode identifying the buyer as
the new owner of that ticket. The seller's ticket is invalidated and will be
denied access to the event.

TicketExchange works hand in hand with Ticketmaster's access
control system, AccessManager, which has been used with success at the
festival for the past two years. AccessManager reads each ticket's unique
barcode by hand held scanner to validate tickets in real-time. It deters
counterfeiting or fraudulent use of tickets by identifying invalid tickets
and denying access.

Says Geoff Ellis, CEO of DF Concerts, "We are really pleased
to offer this new service to fans who find themselves unable to go to T in
the Park and who want to ensure that they are passing their tickets onto
other genuine fans. For some time, the secondary ticket market has been
justifying its position by stating that tickets on their site are sold by
fans that just cannot make the festival anymore. I have always argued that
genuine fans would not be selling their tickets for a huge profit and that
instead these sites are populated by touts taking advantage of fans who are
desperate to go to the festival. This new system will absolutely separate
the touts from the fans. Once again, we as promoters and Ticketmaster as a
legitimate ticket agent are doing what we can to show the government that
we are working hard to protect music fans and that what is now needed is a
change in the law regarding the resell of tickets from unofficial sources."

Chris Edmonds, Managing Director of Ticketmaster UK, "We have been
working with DF Concerts for the past two years to try and curb the level
of tickets being resold by touts for this hugely popular festival, and so
we are delighted to offer our T in the Park TicketExchange service for the
first time this year. It is the only event-authorised and legitimate way for
fans to purchase or resell their tickets and it offers consumer protection
from potentially unscrupulous resellers."

About Ticketmaster

Ticketmaster is the world's leading ticketing company, operating in
20 global markets, providing ticket sales, ticket resale services,
marketing and distribution through www.ticketmaster.com, one of the largest
e-commerce sites on the Internet, and international Web sites including
Ticketmaster.co.uk; approximately 6,500 retail outlets; and 20 worldwide
call centres. Ticketmaster celebrated its 30th anniversary in 2006 and
currently serves more than 9,000 clients worldwide across multiple event
categories, providing exclusive ticketing services for hundreds of leading
arenas, stadiums, performing arts venues, museums, and theatres. In 2006,
the company sold more than 128 million tickets valued at over $7 billion on
behalf of its clients. Ticketmaster is headquartered in West Hollywood,
California and is an operating business of IAC (NASDAQ: IACI).

About T in the Park / DF Concerts

Named the Best UK Festival at the UK Festival Awards for the
last two years, T in the Park is one of the world's biggest and most popular
outdoor music events. Taking place in the lush surroundings of Balado, near
Kinross in Scotland from 6 until 8 July 2007, the sold out festival will
attract 80,000 music fans each day. Now in its fourteenth year, music fans
will watch over 180 artists across 11 stages including headliners, The
Killers, Snow Patrol and Arctic Monkeys alongside Amy Winehouse, Bloc Party,
Biffy Clyro, Arcade Fire, Razorlight and Scissor Sisters. Organised by DF
Concerts and founding partners Tennent's Lager, T in the Park last year
became the UK's first and biggest CarbonNeutral festival and the second
biggest in the world.

Source: Ticketmaster and DF Concerts

For more information about Ticketmaster contact: Rosie Hills, Ticketmaster UK, Email: rosie.hills@ticketmaster.co.uk Phone: +44-(0)207-344-4000, For more information about T in the Park contact: Lee Beattie, Burt Greener Communications, Email: lee@burtgreener.co.uk, Phone: +44-(0)141-248-6007, +44-(0)7855-367-922

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