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For release: Tuesday October 26, 2004

ABEBOOKS ANNOUNCES SIGNIFICANT EXPANSION INTO THE SPANISH MARKET

AbeBooks — the world’s largest online marketplace for new, used, rare and out-of-print books — announces the acquisition of Iberlibro.com and a new partnership with Spanish bookstore chain Casa del Libro

(26th October 2004. Dusseldorf, Germany) – AbeBooks today announced the acquisition of Iberlibro.com, the most important online platform for used and antiquarian books in the global Spanish-speaking community. This announcement comes just a week after Casa del Libro, a renowned bookstore chain in Spain, uploaded a quarter of a million new books onto the AbeBooks marketplace.

The Iberlibro acquisition accelerates AbeBooks’ growth in the Spanish book market, increasing the online retailer’s current inventory of 60 million books by two million. Iberlibro’s network of 296 booksellers from 15 countries will gain access to the AbeBooks customer base, which numbers in the millions.

"Iberlibro has a very broad selection of Spanish-language books from a large group of experienced and specialized booksellers," says AbeBooks CEO Hannes Blum. "This is an exciting opportunity for our customers who read and collect used, rare and out-of-print Spanish books, and we are proud to welcome these respected booksellers to our global seller community." Blum also explains that Iberlibro will operate as a partner website with AbeBooks, and that no major changes are expected in the near future. “There is clearly significant potential for growth in the Spanish market, and AbeBooks is serious about tapping into that potential on behalf of our customers on both the buyer and seller side of our business.”

"Our companies complement each other very well. Iberlibro has an intimate knowledge of the Spanish book market, and AbeBooks has a unique position in the worldwide market. Iberlibro’s buyers and sellers will also benefit from a much more developed technology base," says Adolfo Pisa, Iberlibro Founder and Managing Director.

AbeBooks continues to grow its new books marketplace as well – This week Casa del Libro uploaded its entire inventory of 250,000 titles. Casa del Libro is a 90-year-old bookstore chain based in Spain that belongs to Grupo Planeta, one of the largest publishing groups in the Hispanic world. "We believe there is a great opportunity for us to sell internationally. We have a unique book offer, and AbeBooks is our preferred channel into the global marketplace," says Ignacio Somalo, Managing Director of Casa del Libro Online.

‘AbeBooks en Español’, located at www.abebooks.com/espanol, reported a 400% growth since its official launch in February this year, listing more than 750,000 Spanish books. With these new partnerships, the AbeBooks marketplace will offer nearly 3 million Spanish language books to customers worldwide. Blum says "We invite the Hispanic community around the world to discover AbeBooks, where they will find treasures among our inventory of new, used, rare and out-of-print Spanish language books”.

About AbeBooks
AbeBooks is a global company with sites dedicated to book buyers in North America, France, Germany, and the UK. These domestic sites serve specific countries while making unique book inventories available to all. Through strategic partnerships AbeBooks has become the most important virtual supplier of books while expanding selling avenues for booksellers.

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Contacts
Richard Davies, PR & Publicity Mgr., AbeBooks.com
Ph: 250-412-3238
rdavies@abebooks.com

Adolfo Pisa adolfo@iberlibro.com tel: +34 985 980 294

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Richard Davies
PR & Publicity Manager
media@abebooks.com
(Media inquiries only. For general questions please contact Customer Support.)

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