Internet Capital Group (ICGE)
Q4 2005 Earnings Conference Call
February 16th 2006, 10:00 AM.

Executives:

Karen Greene, Vice President, Investor Relations
Walter W. Buckley, Chairman, Chief Executive Officer, President
Anthony Dolanski, Chief Financial Officer, Principal Accounting Officer

Analysts:

John Powell, Ryan, Beck & Co.
John Tinker, Think Equity Partners
Brad Mook, Boenning & Scattergood
Jeff Jacobi, Trivium Capital

Presentation

Operator

Good evening ladies and gentlemen and thank you for holding. Welcome to the Internet Capital Group Fourth Quarter and Year-End 2005 Results Conference Call. At this time all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. Operator Instructions. As a reminder this conference is being recorded.

It is now my pleasure to introduce your host Ms. Karen Greene, Vice President of Investor Relations. Thank you Ms. Greene, you may begin.

Karen Greene, Vice President, Investor Relations

Thank you, good morning. This is Karen Greene with Investor Relations and I want to welcome you to Internet Capital Group’s Fourth Quarter and Year-End Conference Call. I would like to remind everyone that we are going to use presentation slides to the Company prepared remarks today. These slides can be found on our website at internetcapital.com. Go to the “Investor Information

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