SAN FRANCISCO, CA - October 24, 2000 - On the heels of its merger with ZDNet, CNET Networks, Inc. (NASDAQ: CNET) today announced its new executive management team. Top talent from both companies will oversee the new CNET Networks corporate structure, which includes presidents of five new business units, and an executive committee.

"One of CNET Network's key strengths has always been our seasoned team of executives, which has steered us into position as a market leader," said Shelby Bonnie, CEO of CNET Networks. "The merger with ZDNet creates a range of new opportunities to expand our business and increase revenues. We're excited to introduce a newly organized, world-class team of innovators from our combined pool of talent."

"I'm proud that all of ZDNet's leaders have decided to accept positions within the CNET Networks organization, many as key players on the executive management team," said Dan Rosensweig, former CEO of ZDNet, now president of CNET Networks. "There is no better endorsement of the opportunity that lies ahead of us than the enthusiasm shared by our leaders at the prospect of working together to create a powerful new business."

The leaders named below will join the top management ranks at CNET, along with Bonnie, Rosensweig, Chief Financial Officer Doug Woodrum, and Chief Operating Officer Richard Marino, each named with the initial merger announcement in July.

Business Unit Presidents
A leader for each of CNET Networks' five new business units (see 10/17 press release), reporting into Richard Marino, has been named, including:

• Media: Barry Briggs has been named President of Media. This business unit's mission is to stand alone as the most trusted source of technology information and services to individuals and businesses of all sizes. As president, Briggs is responsible for the success of CNET Networks' domestic online, television, radio, print and wireless media platforms. Previously, as president of ZDNet US, Briggs oversaw the establishment of ZDNet's B2B, B2C, Help & Downloads, Consumer and News departments. He was instrumental in establishing ZDNet's advertising sales and marketing departments shortly after joining the company as vice president in 1997. During his more than 20 years in media, Barry was also publisher of FamilyPC Magazine, and held various executive sales, publishing and marketing roles with Time Warner Inc.'s Time Magazine and Sports Illustrated.
• Channel Services: Albert de Heer was appointed President of Channel Services, an independent information source for the IT supply chain to increase the quality and availability of information for all channel participants, including manufacturers, distributors, VARs, resellers and IT consultants. This business unit includes the company's CNET Data Services (CDS), CNET Media Services and Apollo Solutions businesses. de Heer co-founded GDT SA, acquired by CNET in 1999 and renamed CNET Data Services, which develops, implements and sells electronic product data on more than 500,000 products from thousands of vendors, fueling electronic commerce platforms.
• International Media: Art Fatum has been named President of International Media, charged with expanding the company's worldwide presence, which today includes established sites in 23 top global markets. Fatum, who joined ZDNet in June as its Chief Financial Officer, had previously held other senior operating and international management positions with global enterprises. He was president and managing director, Europe, of AT&T Capital, where he was responsible for the $1 billion pan-European leasing businesses, and supervised more than 250 employees in 14 countries. Fatum also served as a senior vice president for Dun and Bradstreet Corporation's $1.6 billion sales global information business, and held a variety of financial positions with General Electric.
• Market Intelligence: Alan Phillips, formerly Chief Information Officer for ZDNet, is now President of CNET Networks business unit, which is focused on compiling and organizing the enormous repository of data the company generates and creating revenue streams by selling licenses and subscriptions to marketers. In addition to managing technology and infrastructure at ZDNet since 1995, Phillips spearheaded new ways to utilize technology and data as a business tool, which led to numerous new program offerings for the company's advertisers. Prior to joining ZDNet, he was co-founder, president and CEO of Instant Information, one of the nation's largest service bureaus for the integration of voice and fax.
• Consumer Services: Josh Goldman, President of mySimon, will head this business unit. The goal of Consumer Services is to provide users as much information as possible on specific products and services, in the broadest range of consumer categories, using the Web as a powerful tool to search, compare, and ultimately guide users toward purchase decisions. With mySimon since 1998, Goldman lead the company to its current position as the number-one independent online shopping service in the United States, with access to millions of products from more than 2600 merchants. Previously, Goldman worked for USWeb, where he last served as partner and Vice President of Business Solutions. Prior to USWeb, he held management roles in marketing-related positions at Apple Computer and Softbank Content Services.

Executive Committee
An Executive Committee, chaired by Shelby Bonnie, has been formed to oversee the strategic direction of CNET Networks and handle priority decision making. The executive committee includes Dan Rosensweig, Doug Woodrum, Richard Marino, Barry Briggs, and Art Fatum, as well as:

• Matthew Barzun, Chief Strategy Officer since 1999, is responsible for organizational development and training as well as leading goal measurement and alignment for CNET Networks. Barzun, CNET's fourth employee, joined the company in 1994 as director of innovation, and has since held a number of key positions, including Director of Business Development, Senior Vice President and Group Publisher of CNET online, Vice President of Software Services, and Vice President of Online Operations.
• Ted Cahall, Chief Information Officer of CNET Networks since January, is responsible for the domestic and international alignment of all Media- and ERP-based technology directives with CNET Networks' business strategies. Prior to joining CNET, he managed various organizations at Bank of America, including: Internet Home Banking Development, eBill Presentment, and Enterprise Architecture and Standards. Cahall began his career at AT&T Bell Laboratories, where he was awarded an U.S. Patent for systems performance analysis.
• Martin Green, Senior Vice President of Operations, is responsible for business planning, ad operations, yield management and business operations. Green previously held roles at CNET as Senior Vice President, Products and Services; Vice President, Strategic Development; Vice President and co-head of the Commerce Group; and Director of Business Development. Before joining CNET in 1996, Green was with Morgan Stanley's Investment Banking Group focusing on mergers, acquisitions and financing.
• Heather McGaughey, Senior Vice President of Human Resources, has led the company in realizing its goal to be a "world class place to work." She came to CNET Networks from Time Inc., where she handled a range of human resources responsibilities during her 12 years with the company.
• Robin Wolaner, previously Executive Vice President of CNET Online, has been appointed Executive Vice President of Media, responsible for managing CNET Networks' US-based media brands, reporting into Barry Briggs. She is the founder of Time Inc.'s Parenting Magazine, which today has a circulation of 1.3 million. She held numerous key positions since joining Time Inc. in 1986, including Vice President of Magazine Development and CEO of Sunset Publishing Corporation.

About CNET Networks, Inc.
CNET Networks, Inc. (Nasdaq: CNET), is the global source of technology and commerce-related information, data, exchanges and services. As a top 10 Internet company with operations in more than 23 countries and 16 languages, CNET Networks connects buyers, sellers and suppliers throughout the IT supply chain with award-winning content via the Web, wireless devices, television, radio and print. Its respected brand portfolio includes CNET.com, ZDNet.com, mySimon, News.com, TV.com, Computer Shopper magazine, SmartPlanet.com, and CNET Radio, as well as CNET Channel Services, including CNET Data Services, CNET Media Services and CNET Apollo. The company's vision is to educate and empower people and businesses by unlocking the potential of the technology world to make things easier and faster, and by helping them to make smarter buying decisions.

Safe Harbor
This press release includes forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ materially. These statements are often identified by words such as "expect", "anticipated" and "intend".

Statements regarding the company's expected revenue growth, operating margins and other expected performance are subject to the following risks: that expected synergies of the ZDNet acqusition will not be achieved; that the businesses will not be integrated successfully; that acquisition costs will be greater than expected; the inability to identify, develop and achieve success for new products, services and technologies; the inability to attract new customers for the company's channel services products; increased competition and its effect on the company's pricing and need for marketing; the inability to establish or renew relationships with commerce, advertising, marketing, technology, and content providers; a decrease in advertising spending on the Internet in general or on CNET Networks' properties in particular; and to the general risks associated with the company' businesses. For risks about CNET's business, see its registration statement on Form S-4 filed September 8, 2000, in connection with the Ziff-Davis merger, its Form 10-K for the year-ended December 31, 1999 and subsequent Forms 10-Q and Forms 8-K. For risks about Ziff-Davis's business, which may also apply to its business following the merger, see its Form 10-K for the-year ended December 31, 1999 and subsequent Forms 10-Q and Forms 8-K, as well as its definitive proxy statement dated February 7, 2000 and other SEC filings.

* Media Metrix, Digital Media Universe Top Properties, August 2000
** who are active online at work

Lazard Freres acted as financial advisor to CNET Networks, Inc. in the transaction. Morgan Stanley & Co. served as financial advisor to ZDNet.

CNET Networks Media Contact:
Blaise Simpson
VP, Corporate Communications
415/364-8447
blaises@cnet.com

CNET Networks Investor Relations Contact:
Robert Borchert
VP, Investor Relations
917/741-6567
robert_borchert@zdnet.com