For immediate release: August 12, 2003

ABEBOOKS ANNOUNCES CHANGES TO SENIOR MANAGEMENT

(Victoria, BC, August 12, 2003)—- AbeBooks, the world’s largest online marketplace for used, rare and out-of-print books, today announced the promotion of Hannes Blum to President of AbeBooks and welcomed Jayson Minard into the newly created VP Systems position.

Brent James, AbeBooks CEO and President explained: “AbeBooks continues to grow at a great pace. It is time to align the company with the next phase of growth, and to welcome new faces into leadership roles at AbeBooks.”

Hannes Blum has been with AbeBooks for over three years, working in senior management in both the Victoria and Dusseldorf offices. He recently moved to Victoria, BC to become Vice President and General Manager of AbeBooks Canada. His involvement with Internet book marketplaces began as one of the founders of JustBooks, the German company that AbeBooks acquired in 2001. At JustBooks, and later at AbeBooks Europe, Hannes acted as Managing Director overlooking business in the German, UK and French markets. Prior to founding JustBooks, Hannes was with the Boston Consulting Group for three years. He holds a Masters degree from the Technical University Karlsruhe, Germany, where he graduated with honors in Business Administration and Engineering.

Jayson Minard joins AbeBooks after five years at Borland Software Corporation in Scotts Valley, California, where he held various positions most recently as Chief Architect for the Java Business Unit. He is experienced in defining technical strategies for high tech companies and has a strong background in software development and network operations. In addition to his technical skills, Jayson brings a comfort level with fast-paced, hi-tech growth from his experience working at Silicon Valley companies such as OpenAvenue, StarBase, BEA, and Novell.

Brent James will leave his role as CEO and take on new responsibilities as AbeBooks Chairman of the Board of Directors. Keith Waters will change position from Chief Information Officer to offer his expertise as a Business Consultant for AbeBooks. Both Brent and Keith will continue to guide and contribute to AbeBooks in these roles.

About AbeBooks
AbeBooks is the world's largest online marketplace for used, rare, and out-of-print books. AbeBooks connects those who buy books with those who sell books, providing abundant selection at affordable prices.

AbeBooks is a global company based in Victoria, BC Canada, with websites dedicated to bookbuyers in North America (AbeBooks.com), the UK (AbeBooks.co.uk), France (AbeBooks.fr), and Germany (AbeBooks.de). These domestic sites serve specific countries while making unique book inventories available to all. Through strategic partnerships with Amazon, Barnes & Noble, and eBay/Half.com, AbeBooks has become the most important virtual supplier of used books while expanding selling avenues for booksellers.

AbeBooks strives to be the world's best book source where book buyers and sellers find books they want at prices they love.

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