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Internet Capital Group to Hold Annual Stockholders’ Meeting on June 20, 2008

Wayne, Pa. - June 11, 2008 - Internet Capital Group (NASDAQ:ICGE) announced today that it will hold its 2008 Annual Stockholders’ Meeting at 10:00 a.m. EDT on Friday, June 20, 2008. The meeting will be held at the Radnor Hotel, 591 East Lancaster Avenue, St. Davids, Pennsylvania.

Stockholders who owned the stock at the close of business on April 21, 2008 can vote at this meeting or any adjournments that may take place. Such stockholders are encouraged to vote by proxy to ensure that their shares will be represented.

For those unable to attend the meeting in person, the meeting will be webcast via the Internet and can be accessed through the ICG website at www.internetcapital.com/investorinfo-preswebcast.htm. The meeting will also be accessible through a teleconference in listen-only mode at 877-407-8035. The international dial-in number is 201-689-8035.

A replay will be available from June 20, 2008 at 11:00 a.m. ET until June 27, 2008 at 11:59 p.m. ET. To access the replay, dial 877-660-6853 (domestic) or 201-612-7415 (international) and enter the account code 286, followed by the conference ID number 284760. The replay and slide presentation also can be accessed on the Internet Capital Group web site at www.internetcapital.com/investorinfo-preswebcast.htm.


About Internet Capital Group
Internet Capital Group (www.internetcapital.com) acquires and builds Internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide.


Investor Inquiries:
Karen Greene
Internet Capital Group, Inc.
Investor Relations
610.727.6900

ir@internetcapital.com


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