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Press Releases Wednesday, November 10, 2004   
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Commission Junction Launches in Germany

Performance Marketing Provider Strengthens European Presence and Offers Localized Version of its Global Network Service

Santa Barbara, Calif. - November 8, 2004 - ValueClick, Inc.`s (Nasdaq: VCLK) Commission Junction, a provider of advanced online performance marketing solutions, today announced the expansion of its operations into Germany. The launch of Commission Junction Germany will strengthen Commission Junction`s European presence and demonstrates the continued success of ValueClick`s European expansion strategy. The new Commission Junction operation becomes ValueClick`s fourth business line in Germany, joining its established media business, the recently launched comparison shopping site, Pricerunner.com and the Mediaplex adserving business.

Commission Junction`s expansion into Germany enables clients in both the US and Europe to leverage new global opportunities by easily and effectively engaging in international performance marketing relationships. As part of its entry into the German market, Commission Junction has launched a German language interface for its global network, CJ Marketplace, that provides local advertisers and publishers with the capability to work in their native language and currency. The localization of the CJ Marketplace eliminates traditional barriers to global trade and provides clients across diverse geographic markets with access to worldwide relationships regardless of national borders.

The European online retail market, which is forecasted to grow 42 percent from 2004 to 2005 to more than 57 billion Euros (Forrester Research, March 2004), has strong growth potential for Commission Junction. Following its successful launch in the UK in 2001, Commission Junction is well positioned to succeed in Germany - Europe`s largest economy. Supported by a local client services team, Commission Junction has already successfully penetrated the German market with new advertisers Citibank, Expedia, T-Mobile and Swarovski.

"Our German service launch marks the latest step in our ongoing efforts to increase strategic partnership opportunities and drive superior results for our advertisers and publishers," said Jeff Pullen, executive vice president of operations for ValueClick. "The talent of our experienced German team combined with the exceptional reach of the industry`s largest affiliate network offers Commission Junction clients a unique international advantage."

About ValueClick
ValueClick, Inc. (Nasdaq: VCLK) is the single-source provider of media, technology and related services that enable advertisers, agencies and publishers to reach consumers in all major online marketing channels, through our three business units:

* ValueClick Media (http://media.valueclick.com) provides a wide range of brand and direct marketing solutions - including Web Marketing, E-mail Marketing, Lead Generation Marketing, and Search Marketing - to create awareness, generate leads and drive sales.

* Commission Junction (www.cj.com) provides advanced performance marketing solutions that help marketers increase online leads and sales. By facilitating strategic relationships between advertisers and publishers, Commission Junction leverages its proven expertise in affiliate marketing and search marketing to drive measurable results for its clients.

* Mediaplex (www.mediaplex.com) provides technology and services that help advertisers, agencies and Web site publishers manage their online advertising and permission-based email campaigns. In addition, the AdWare Systems subsidiary (www.adwaresystems.com) provides software and services that help advertising agencies and other companies operate their businesses more efficiently, through effective agency management, media management, and content management solutions.

For more information, please visit www.valueclick.com.

This release contains forward-looking statements that involve risks and uncertainties, including, but not limited to, trends in online advertising spending and estimates of future online performance-based advertising. Actual results may differ materially from the results predicted, and reported results should not be considered an indication of future performance. Important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under "Risk Factors" and elsewhere in filings with the Securities and Exchange Commission made from time to time by ValueClick, including its Annual Report on Form 10-K filed on March 15, 2004, recent quarterly reports on Form 10-Q and current reports on Form 8-K. Other factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements include, but are not limited to, the risk that market demand for online advertising, and performance-based online advertising in particular, will not grow as rapidly as predicted. ValueClick undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

CONTAC:
Alice Khounta
Antenna Group Public Relations
415-977-1916
alice@antennagroup.com

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