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(London, U.K. - November 12, 2002) - The latest findings from Jupiter Research, a division of Jupitermedia Corporation (Nasdaq: JUPM) (formerly INT Media Group, Inc.), show that online spending during November and December in Europe will reach 4.5 billion Euros - a 55% increase over the same period last year.

This continued growth in online sales is being fueled by the rapidly increasing number of online shoppers in Europe, which is far outstripping the growth in the European Internet population as a whole. The online buying population in Europe will have increased from 36 million in 2001 to 52 million at the end of 2002. It is clear that the investments that high-street retailers are making online are beginning to pay off as existing Internet users gain the confidence to start shopping online.

Online spending will be highest in the U.K., with the total spent in November and December expected to reach 1.4 billion Euros or 850 million Pounds - 1/3 of the total online spending for the year. Closely behind the U.K. is Germany, where 1.1 billion Euros will be spent in the run up to Christmas.

Consumer electronics, PCs and entertainment products (books, videos and DVDs and music) are expected to be the largest retail categories, combined together, accounting for over one third of total online Christmas spending. The run up to Christmas will be crucial for online retailers, with 40% of annual online spending on consumer electronics and 34% of spending on entertainment products taking place in November and December.

Michele Poliziani, Associate Analyst at Jupiter Research says, "Although growth in the online population as a whole in Europe is slowing, growth in the number of online shoppers remains strong. As their online tenure increases and as well-known high-street brands invest heavily online, European Internet users feel increasingly comfortable in shopping online."

For more information, please contact Jupiter Research:

Michele Poliziani
Tel: +44 020 7665 9572
e-mail: [email protected]

About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), ( headquartered in Darien, CT, is a leading provider of global real-time news, information, research and media resources for information technology and Internet industry professionals. Jupitermedia includes the and Network of over 150 Web sites and 175 e-mail newsletters that generate over 200 million page views monthly. Jupitermedia also includes Jupiter Research, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 10 vertical markets. In addition, Jupiter Events include nearly 40 offline conferences and trade shows focused on IT and business-specific topics.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which Jupitermedia Corporation competes; the unpredictability of Jupitermedia Corporation's future revenues, expenses, cash flows and stock price; Jupitermedia Corporation's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia Corporation's investments in international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of the Internet and information technology. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia Corporation's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia Corporation assumes no obligation to update the forward-looking statements after the date hereof.

Jupiter Research's European Offices:

131-151 Great Titchfield Street
London W1W 5BB
Tel: +44 (0) 207 665 9570
Fax: +44 (0) 207 665 9579

4 place de la Defense
92974 Paris la Defense Cedex
Tel: +33 1 5858 0032
Fax: +33 1 4828 2136

Sodermalarstrand 29
S-118 25 Stockholm, Sweden
Tel: +46 (0) 8 556 085 02
Fax: +46 (0) 8 692 65 01

All current Jupiter Research press releases can be found online at

All current Jupitermedia Corporation press releases can be found on the World Wide Web at

Jupitermedia Corporation 23 Old Kings Highway South, Darien, CT 06820; (203)662-2800; fax: (203) 655-4686; [email protected]