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Bridges.com Reports Record Results

September 26, 2000

Dear Fellow Shareholders,

The third quarter of 2000 was the best three months in the history of Bridges.com Inc. (TSE:BIT). Revenues recognized for June, July and August 2000 were $4,979,596 -- more than the company's total revenue for all of fiscal 1999.

For the first nine months ending August 31, 2000, Bridges.com reported revenues of $8,445,774, a 151 per cent increase over the first three quarters of 1999. Operational costs of $7,720,456 yielded a nine-month EBITDA of $725,318. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $1,163,762 in Q3 2000.

More than 1,000 new sales of the company's Career Explorer service helped Bridges.com's subscriber community grow by 18 per cent in Q3.

While revenues rose considerably during the quarter, amortization expenses of $2,011,901, resulting primarily from Bridges.com's Q2 acquisition of Careerware, produced a net loss of $876,759 for the nine months, and a loss of $0.09 per share.

"This is the first quarter where our investors see financial benefits from the recent Careerware acquisition," said Doug Manning, CEO and President of Bridges.com. "Bridges.com is most productive in the last six months of the year. We expect even stronger performance in Q4."

INVESTOR INFORMATION

The common shares of Bridges.com Inc. are listed on the Toronto Stock Exchange under the trading symbol BIT.

Norman R. Thompson Investor-relations@bridges.com Tel.: 250-869-4200

Download an Adobe .PDF version of the Third Quarter Results which includes financial statements.

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