Multiply and ABS-CBN Enter into Partnership

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Boca Raton, FL, November 7, 2007 - Social networking and media-sharing site Multiply (http://multiply.com) and ABS-CBNi, the interactive division of Filipino television giant ABS-CBN, today announce a multi-year, strategic advertising agreement. Under terms of the agreement, ABS-CBNi will sell advertising and mobile services for Multiply's Filipino users, with the two companies sharing revenues in the rapidly developing regional market. The partnership allows Multiply to monetize a significant portion of its traffic while still retaining a primary focus on product development and global customer acquisition.