GoDaddy Files IPO Off Class-A Common Stock

May 12, 2006 -- Domain registrar and largest web hosting provider Go Daddy (godaddy.com) today announced that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to the proposed IPO of its Class A common stock. This IPO has been a subject of speculation since April, when the company hired Lehman Brothers to manage the project.
The shares of Class A common stock to be sold in the offering are expected to be offered by Go Daddy and selling stockholders.

Lehman Brothers and Merrill Lynch & Co. will act as joint book-running managers for the offering. In addition, UBS Investment Bank, Cowen and Company, Piper Jaffray and JMP Securities will act as co-managers for the offering.

The number of shares to be offered and the price range have not yet been determined.

When available, a preliminary prospectus relating to the offering may be obtained from Lehman Brothers, or from Merrill Lynch & Co.

A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective.