"RSVP is an excellent
strategic fit for PlanetOut, giving us an additional platform to serve the
varied needs of the LGBT community .advocate. extrapolated five percent (based on the
national population figures) of the annual $1.3 trillion U." R Family Vacations will host events for their more mature guests
and will also provide an opportunity to learn all about RainbowVision
Properties on all of their upcoming vacations.rfamilyvacations . International parties can
access the call at 303-262-2140. The company serves its growing base of more than
3.

25 bisexual

(Nasdaq: LGBT), the leading media and entertainment company exclusively
serving the lesbian, gay, bisexual and transgender (LGBT) community, today
announced that it has signed a definitive agreement to acquire substantially
all of the assets of RSVP Productions, Inc.4
million to RSVP, which will be repaid upon closing, and will also reimburse
RSVP for approximately $300,000 of expenses at closing. PlanetOut
Inc. magazine properties The Advocate, OUT and Out Traveler in combination
index 2.com); Out
(http://www.

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Established in 1985, RSVP was the originator of the gay and lesbian cruise
concept, and offers distinctive travel packages designed for gay and lesbian
travelers.com. R Family Vacations will be
offered to RainbowVision residents as one of the services available as a Club
Member benefit. We have some of the best entertainment
ever offered at sea.

How to Participate:

PlanetOut 1Q05 Results Teleconference
May 4, 2005
4:30 p.

under worldwide

5 times the
average for people who take more than nine domestic trips per year and 6.com); and, HIVPlus
(http://www.com), as well as other publishing, direct marketing and
e-commerce properties, including Alyson Publications, SpecPub, Inc.

worldwide ages

PlanetOut expects to close the transaction late in the first quarter of 2006. travel industry
as stated by the Travel Industry Association of America.

RainbowVision Properties Selects R Family Vacations as Its Official GLBT Travel Company

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RSVP further bolsters our competitive
position with a growing family of trusted brands that address the desire of
our core audience to connect with one another, to be enriched by rewarding
experiences and to build community."
PlanetOut Inc.
Destinations in 2006 include the Caribbean, Central America, the Czech
Republic, Austria, Hungary, Ireland, Mexico , French Polynesia, Peru and
Thailand. Such factors include,
among others, the company's limited operating history and variability of
operating results; the company's ability to attract and retain subscribers and
advertisers; the company's ability to integrate the acquired assets of RSVP;
competition; timing of product launches; and the company's dependence on
technology infrastructure and the Internet . Additional information concerning
factors that could affect PlanetOut's future business and financial results is
included in the company's Annual Report on Form 10-K for the year ended
December 31 , 2004 and other public filings filed from time to time with the
Securities and Exchange Commission (SEC), which are available at the SEC's
website at http://www.
"This alliance with R Family Vacations is perfect for RainbowVision," says
Joy Silver, President and CEO of RainbowVision Properties , Inc.rainbowvisionprop.com or Call 800-775-5550 x306.

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com, and OUT+ABOUT Travel, as well as localized versions of the
Gay."
Founded by Rosie and Kelli O'Donnell and travel entrepreneur Gregg
Kaminsky , R Family Vacations feature vacation packages for gay and lesbian-
headed families.

PlanetOut Inc . to Report First-Quarter 2005 Results on May 4 2005

m.m.com).

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5 million in cash plus up to $3. (RSVP ), a leading marketer of gay
and lesbian travel events, for $6. 14, 2006, and expects to provide its business outlook for the first
quarter, including the estimated financial impact of the RSVP acquisition .planetoutinc.

Forward-Looking Statements
In addition to the historical information contained herein, this press
release contains forward-looking statements, including the impact of
PlanetOut's acquisition of RSVP, as well as statements containing the words
"believes," "anticipates ," "expects," and similar words. This summer's cruise departs
from New York City on July 10, 2005 on the new Norwegian Dawn. SAN FRANCISCO, PlanetOut Inc.

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property Gay.S.'s powerful demographic through what we believe
to be the world's largest audience of gays and lesbians anywhere creates
opportunities for RSVP to offer even more people in our worldwide community
the chance to experience the best vacation of their lives, with more options,
more destinations and an expanded schedule of RSVP tours, cruises and events
as a part of PlanetOut," said Paul Figlmiller, president, RSVP. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the company
to differ materially from any future results, performance or achievements
expressed or implied by such forward-looking statements .sec.4 million active members worldwide through a comprehensive group of branded
businesses featuring diverse chat, news, entertainment, travel, dating,
personal finance, career, shopping and community services at Gay.

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0 million in
additional consideration based on achievement of certain financial performance
targets for 2007 and 2008. PlanetOut will extend a bridge loan of up to $1.
This acquisition substantially increases PlanetOut's position in the $65
billion gay and lesbian travel market*, as estimated by research firm
Community Marketing, Inc."
PlanetOut plans to report its fourth -quarter fiscal 2005 financial results
on Feb.gov. On our vacations everyone feels welcome: young , old, gay
or straight. Ports of call
include Halifax (Nova Scotia), Boston, Provincetown and Martha's Vineyard.com or call 866-R-FAM-VAC
For further information about RainbowVision Properties , visit
http://www.

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- Expands PlanetOut's footprint in the estimated $65-billion -a-year gay
and lesbian travel market.3 times the
average for people who take more than nine foreign trips per year.2 million in revenue in 2004 and $8.3 million in revenue for the
first nine months of 2005.com members are six times more likely to travel and 10
times more likely to go on a cruise than the average Internet user.com,
Kleptomaniac. New YORK, RainbowVision Properties Inc. "Our members
range in age from 45 to 93, and love to travel.planetoutinc.

transgendered 25

A pioneer
in the travel industry since 1985, RSVP has hosted more than 80,000 guests
from all over the world.
This cruise is perfect for gay and lesbian travelers of all ages, their
families (kids too) and their friends. The
company's management will host a teleconference and live webcast for all
investors to discuss the results.

About PlanetOut Inc.

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com, the number one
site for reaching single men earning more than $150,000 who take cruise
vacations, as well as, The Advocate, OUT and The Out Traveler , which combined
index 2.S., the first
company to build resort/retirement communities serving the Gay, Lesbian,
Bisexual and Transgendered population, has chosen R Family Vacations, the
first company to offer vacations to the GLBT population and their families, as
its official travel company . ET/1:30 p.

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0 million in
additional consideration based on achievement of certain financial performance
targets for 2007 and 2008. PlanetOut expects to
close this transaction in March 2006, subject to the satisfaction of
regulatory and business requirements, and expects it to be immediately
accretive .
"The acquisition of RSVP, a strong, versatile and trusted LGBT travel
brand, will advance our strategy of building a diversified media,
entertainment and lifestyle company by offering our online and print audience
a suite of compelling products and services," said Jeff Soukup, executive vice
president and chief operating officer, PlanetOut Inc. The acquisition leverages our existing
travel media assets, established LGBT audience, customer lists and capital
resources to fuel RSVP 's growth.5 times the average for people who take foreign cruises, 3.
"Access to PlanetOut Inc .
PlanetOut brands also include The Advocate (http://www. PlanetOut, based in San Francisco with additional
offices in New York, Los Angeles, London and Buenos Aires, offers FORTUNE 1000
and Global 500 advertisers access to what it believes to be the most extensive
network of gay and lesbian people in the world. According to Gregg Kaminsky: "Our trips have a relaxed,
family friendly atmosphere without all night dance parties, which many people
in our community have grown away from.

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- Connects RSVP's trusted gay and lesbian travel marketing platform with
PlanetOut's online and print properties, including Gay.3
times the average for people who take more than nine foreign trips per year,
according to The Advocate/OUT 2005 MRI Custom Study (Index: Spring 2004 U.com.com, PlanetOut . A telephonic replay is also
available for two weeks after the live call at 800-405-2236 (international
parties dial 303-590-3000), access code 11028062.com,
PlanetOut.

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Leverages Reach of PlanetOut Media Properties to Fuel Business Growth Into
Significant Gay and Lesbian Travel Market

- Purchase price of $6.

- Addresses advertisers' desire to target the gay and lesbian market with
multi-media, multi-platform marketing and sponsorship programs.com is the number one site for reaching single
men who take cruise vacations and earn more than $150,000 per year, according
to media research firm @Plan (Spring 2005). "Among these
opportunities are tours, where both gays and lesbians, as well as their
families and friends, can come together for life-enriching travel adventures.
As a result, PlanetOut will reflect the post-closing portion of RSVP's 2006
financial performance on its 2006 financial statements. For more information, please
visit http://www. Guests can also
expect world-class entertainment including Rosie and Cyndi Lauper.

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com and PlanetOut.com,
as well as the travel magazine, The OUT Traveler. is the leading global media and entertainment company
exclusively serving the lesbian, gay, bisexual and transgender (LGBT )
community.

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RSVP is headquartered in Minneapolis and is marketed through travel
agencies dedicated to the gay and lesbian community as well as through direct
sales.outtraveler.hivplusmag.
Located in Santa Fe, NM, with several more properties under development
throughout the United States and Europe, RainbowVision was created as a New
Concept in Club Living for the GLBT community.
R Family Vacations' future trips will include small tours, ski trips,
resort programs, adventure trips and land-based vacations.

worldwide ages

SAN FRANCISCO, PlanetOut Inc. More than 80,000 men and women have participated in RSVP's big and
small ship cruises, riverboat cruises, land tours, and resort vacations. For more information, please visit http://www. The innovative vacation experience
includes educational programming for kids and adults provided by the Human
Rights Campaign, PFLAG, and the Family Pride Coalition.

ages youth

Adults).
PlanetOut Inc.com site, in English, French, German, Italian , Portuguese and Spanish.

charles mailing

's broad and deep reach through its media
properties, customer lists and capital resources to fuel RSVP's growth.5 times the average for people who take cruises and 6. The company is among the world's largest and most
respected gay and lesbian tour operators and marketers offering distinctive
travel packages, including big and small ship cruises, riverboat cruises, land
tours and resort vacations geared toward a gay and lesbian audience.
PlanetOut encourages you to review the site to ensure that your computer
is configured properly to access the webcast .com, and Kleptomaniac.

transgendered questioning

RSVP joins PlanetOut and its established audience of
LGBT travelers served by PlanetOut's award-winning travel content, including
dedicated travel channels on its flagship Web sites Gay.

About RSVP Productions, Inc. PT

Parties in the United States and Canada can dial 800-218-4007, access code
11028062, to participate in the teleconference.
PlanetOut Inc. is a leading global online media company offering consumer
services, news and entertainment to the lesbian, gay, bisexual and transgender
(LGBT) community.com.

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PlanetOut Inc. Agrees to Acquire RSVP Vacations

rsvpvacations. PlanetOut's brands include Gay. and
Triangle Marketing Services . For more
information, visit http://www.
(Nasdaq: LGBT) plans to announce its financial results for the first quarter
ended March 31, 2005 after the close of market on Wednesday, May 4, 2005.

Internet mailing list resources for the worldwide community of gay, lesbian, and bisexual young people.

discussing place

- Leverages PlanetOut Inc.5 million in cash plus up to $3.
RSVP, a privately held company based in Minneapolis with 12 employees,
posted $7. Moreover, according to @Plan
(Spring 2005 ), Gay.

* Community Marketing, Inc.
A brief slide presentation will be utilized during the call and webcast
from the "Investor Center" section of the company's corporate website
(http: //www.

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- Further diversifies and balances PlanetOut's revenue mix among
advertising, subscription and transaction businesses.

About PlanetOut Inc. PlanetOut, based in San Francisco,
offers FORTUNE 500 advertisers access to what it believes to be the most
extensive network of gay and lesbian people in the world.

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- - kjjkjk

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