Overstock.com Investor

Press Release

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December 17, 2003 at 12:00 AM EST
As Christmas Day Nears, Overstock.com Offers Free Express Shipping on Thousands of Products

SALT LAKE CITY, Dec 17, 2003 /PRNewswire-FirstCall via Comtex/ -- For the next five days, Overstock.com(R) (Nasdaq: OSTK) is offering free express shipping on thousands of products, giving holiday shoppers more time to save on gifts. Orders for select products on Overstock.com received between now and 1:00 p.m. MST, Dec. 22, qualify for free express shipping and guaranteed delivery by Christmas.

"Shoppers still have time to purchase holiday gifts online and receive them by Christmas without paying extra shipping," said Patrick Byrne, president and CEO of Overstock.com. "We have a wide selection of products available with free express shipping, including watches, jewelry, electronics, apparel, hand bags, bedding, and sporting goods."

    Look for items with the "Free Express Shipping" icon.

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 is a publicly traded company listed on the NASDAQ National Market System, headquartered in Salt Lake City, and can be found online at www.overstock.com .

Overstock.com is a registered trademark of Overstock.com, Inc. All other trademarks are the property of their respective companies.

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, statements regarding the duration of the promotion, product availability and the delivery guarantee. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, but not limited to, our limited operating history, our ability to manage growth, a general downturn in economic conditions, and such other risks as identified in our Prospectus dated May 29, 2002, filed with the Securities and Exchange Commission and all subsequent filings with the Securities and Exchange Commission, including our Form 10- K for the year ended December 31, 2002, and our Prospectus dated February 12, 2003, 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.

SOURCE Overstock.com, Inc.

Photo    : http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a

Investors, Kathryn Huang, Investor Relations, +1-801-947-3282,
khuang@overstock.com, or Media, Scott Blevins, Public Relations,
+1-801-947-3133, sblevins@overstock.com, both of Overstock.com
http://www.prnewswire.com

Copyright (C) 2003 PR Newswire. All rights reserved.

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