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eBay Launches Service For Hong Kong

San Jose, CA, December 21, 2003 - eBay, The World's Online Marketplace, today announced the launch of eBay Hong Kong (www.ebay.com.hk), a localized way for individuals and small businesses in Hong Kong to trade goods and services.

eBay Hong Kong offers online trading in Chinese, with prices listed in Hong Kong dollars. The website also features a simple format that allows new users to quickly and easily learn the eBay way of trading.

"The launch of eBay Hong Kong brings our successful online marketplace to one of the top Internet markets in Asia," said Gil Penchina, vice president, international at eBay. "eBay's global community of users already includes thousands of members in Hong Kong, and we are happy to provide them with their own dedicated website."

The new website will allow eBay to better serve its members in Hong Kong, providing greater opportunity for a local trading community to come together and grow. In addition, eBay will be able to use the site to directly promote its online marketplace to new audiences in that region.

About eBay
eBay (Nasdaq: EBAY; www.ebay.com) is The World's Online Marketplace®. Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever growing online community.

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