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LAUREATE TRUST

Laureate Trust Starts IAC/InterActive (IACI) at Strong Buy


February 28, 2014 Laureate BVI has initiated coverage on IAC/Interactive with a Strong Buy, the new recommendation is based on the latest quarter which showed its dating app Tinder growing by over 400 percent. Laureate reports, IAC/Interactive (IACI) owns one of the most valuable mobile phone apps, we estimate Tinder could reach a valuation of at least US$10 billion. Tinder reports that 500 million profile ratings are made each day and over 600 million matches were made in 2013. According to Tinder CEO Sean Rad, Tinder has seen a 400% increase in new users since the Winter Games in Sochi. Right now were the top app in over 15 countries, and were experiencing phenomenal growth throughout the entire world. Tinder app works with Facebook (FB) to avoid fake users, this linking has helped Tinder grow across quickly with international users, and is currently available in 24 languages. Facebook (FB) reports for the latest quarter that there are over 7 million monthly active users and nearly 3 million daily active users. Jack Kent, mobile and media industry analyst at research firm IHS in London stated, with around 1 billion mobile users, no other social platform can compete with Facebooks global reach. Laureate BVI CEO Peter Tasca says, Tinder reminds me a lot of Facebook (FB), they know your name, age, social orientation, where you live and who friends you are. This information is a gold mine for advertisers, they could suggest restaurants, coffee shops, clothing, or even accessories, the possibilities are endless, this company has serious potential for mobile ads. IAC/Interactive reported strong performance in the fourth quarter, adjusted EPS grew 48% versus same quarter yoy, once Tinder begins to monetize its subscriber base we expect to see exponential growth, according to Tasca.

Laureate Private Client Group 468 North Camden Drive Suite 288 Beverly Hills, CA 90210 USA

Laureate (BVI) Limited Abbott Building 2nd Floor, PO Box 933 Road Town, Tortola British Virgin Islands Tel.: +1-310-492-5301 Fax: +1-310-492-5337 Email: info@laureatetrust.com

LAUREATE TRUST

Laureate issued a buy recommendation to their clients on Facebook (FB) on 05/01/2013 when the stock was at US$27.50. Laureate has generated a 162% return in Facebook (FB) in the last 9 months and continue to rate the stock a buy. We have advised Laureate Clients that we are a buyer of IAC/Interactive (IACI) at this level but are also evaluating new entry points on any type of market sell-off. About Laureate Trust Laureate Trust provides expert portfolio management that achieves optimal results. The proven trading strategies are based on four principles: diversification, technical analysis, trend following and risk management, which combined have the potential to profit from any economic situation. In 2013 this multiple platform strategy returned +23.01% net of all fees. In 2014 Laureate launched a Referral Fee Programme for Advisors and Professionals that will pay 2% commission of the initial deposit and then a management fee for the life of the account. We want our partners to benefit from every bit of success they help us generate said Tasca. For more information on Laureate Trust, contact Private Client Group +1-310-492-5301.

Laureate Private Client Group 468 North Camden Drive Suite 288 Beverly Hills, CA 90210 USA

Laureate (BVI) Limited Abbott Building 2nd Floor, PO Box 933 Road Town, Tortola British Virgin Islands Tel.: +1-310-492-5301 Fax: +1-310-492-5337 Email: info@laureatetrust.com