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Bridges Announces Stock Option Reset Program

February 10, 2003

KELOWNA, B.C. - Bridges.com Inc. (TSX: BIT), announces that it has offered to the Company employees a Toronto Stock Exchange-approved, Employee Share Option Reset Program. Under this program, non-executive employees had the one-time choice to surrender their options. Employees who chose to surrender their options are now entitled to receive new share options at the ratio of one new share option per two share options surrendered. The new share options will be issued at a strike price to be determined on June 23, 2003, based on the closing share price that day.

As of the option cancellation date of December 20, 2002, a total of 229,100 share options have been surrendered and cancelled under this program.

Each employee that consented to the cancellation of his or her eligible options entered into an Agreement with Bridges whereby Bridges agrees to issue new options to that employee on June 23, 2003 ("Reissue Date") -- six months from the date of the Agreement.

All New Options will be subject to the following terms: the exercise price of New Options will be the market price of the underlying common shares on the Reissue Date; 20% of the New Options will vest immediately on the Reissue Date and an additional 20% will vest on each six month anniversary of the Reissue Date until all New Options have vested; and the New Options will expire on a date that is five years from the Reissue Date.

About Bridges
Bridges is North America's leading provider of career and educational planning solutions. Over 15,300 schools, libraries, employment centres, military sites, post-secondary schools and rehabilitation facilities subscribe to Bridges' customized products. Bridges serves the needs of millions of people seeking educational or career planning assistance. For more information, visit http://www.bridges.com. The Company is listed on the Toronto Stock Exchange under the symbol: BIT.

Forward-Looking Statements
The foregoing includes forward-looking statements which are based on management's beliefs as well as on a number of assumptions concerning future events made by and information currently available to management.

These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement to the Company's services and products; customer demand for its products and services; expectations concerning future revenue and earnings; control of costs and expenses; loss of key employees; stock market volatility; changes in laws and regulations; Bridges' ability to compete successfully and adapt to technological advances and changing industry standards; currency exchange rate fluctuations; economic, political, and other risks associated with international sales and operations; U.S. government regulation; price and product competition; the ability to implement in a timely manner the Company's restructuring plans; the ability to form and implement alliances, and other factors and risks.

All forward-looking statements in this news release are based on management's reasonable beliefs, intentions, and expectations with respect to future events and are subject to certain risks, uncertainties, and assumptions as of the date of this release. In light of the many risks and uncertainties, readers are cautioned not to put undue reliance on such forward-looking statements which are not a guarantee of performance and are subject to a number of uncertainties and other factors -- many of which are outside of Bridges' control -- that could cause actual results, performances or achievements of Bridges to differ materially from any future results, performances or achievements expressed or implied by such forward-looking statements. The Company cannot give assurance that the forward-looking statements contained in this news release will be realized. Bridges assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Norm Thompson
VP, Corporate Development
Bridges.com Inc.
Tel: 250-862-4200 or 1-800-281-1168
E-mail: nthompson@bridges.com
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