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Internet Capital Group’s Executives Selected to Speak at Leading Industry Conferences

CEO Walter Buckley to Speak at 8th Annual Pacific Crest Technology Forum and Managing Director Paul Slaats to Present at Needham Internet and Digital Media Conference

Wayne, Pa. - August 02, 2007 - Internet Capital Group, Inc. (Nasdaq: ICGE) announced that ICG executives have been chosen to speak at two upcoming investor events. ICG’s Chairman and CEO, Walter Buckley, will be discussing the Company’s progress, strategy and value proposition to key members of the financial community at Pacific Crest’s annual Technology Forum in Vail on August 6, 2007 during the afternoon session beginning at 1:00 p.m. MT. Later that week, Managing Director, Paul Slaats will present to investors at the Needham Internet and Digital Media Conference in New York on August 9, 2007 at 2:20 p.m. ET. Both presentations will be web cast live and archived on the ICG website.

“Being selected to speak to the clients of these leading investment banks and on-demand pundits illustrates the progress we’ve made in educating the financial community about ICG and its position in this space,” said Buckley. “We look forward to this opportunity to participate in these conferences and provide even better insight into ICG and the operations and earnings potential of our partner companies.”

Pacific Crest Securities is the leading investment bank focused exclusively on technology. The 8th Annual Pacific Crest Technology Forum provides companies and major institutional investors an opportunity to explore major technology trends.

The Internet and Digital Media Conference is hosted by Needham & Company, a nationally recognized investment banking and asset management firm focused primarily on serving emerging growth industries and their investors.

Although participation at both of these conferences is open only to Pacific Crest, Needham and their respective clients, ICG’s presentation will be web cast and accessible for replay from the ICG website at http://www.internetcapital.com/investorinfo-preswebcast.htm. Interested web cast attendees should go to the site at least 15 minutes prior to the presentation start time. This will allow participants the time to download and install any necessary audio software. The software and broadcast can be obtained at no charge to the user. The web cast will be available for replay for three months from the date of the conference.


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 which 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


Safe Harbor Statement under Private Securities Litigation Reform Act of 1995
The statements contained in this press release that are not historical facts are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future performance of our partner companies, acquisitions or dispositions of interests in partner companies, the effect of economic conditions generally, capital spending by customers and development of the e-commerce and information technology markets, and uncertainties detailed in the Company’s filings with the Securities and Exchange Commission. These and other factors may cause actual results to differ materially from those projected.


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