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FOR IMMEDIATE RELEASE

David O. Sacks Joins Scribd Board of Directors

Yammer and Geni Founder and CEO; former PayPal COO


Joins Board of World’s Largest Social Publishing Company

SAN FRANCISCO – January 18, 2010 – Scribd, the largest social publishing company
in the world, today announced that David O. Sacks, respected entrepreneur, product
visionary and founder of Geni and Yammer, was elected to Scribd’s board of directors.
Sacks is also the former chief operating officer and product strategist for PayPal prior to
its acquisition by eBay in 2002 for $1.5 billion. Other board members include Scribd
founders Trip Adler and Jared Friedman, Redpoint Ventures' founding partner Geoff
Yang and Charles River Ventures' general partner Bill Tai.

“David is widely known in Silicon Valley as an entrepreneur's entrepreneur - amazing


product vision and instinct for how to run a quickly growing web company," said Adler,
Scribd CEO. “We're lucky to have David on the board, and I'm personally looking
forward to learning more from him as an entrepreneur.”

“Scribd has made tremendous strides in its three-year history, shaking up established
industries and providing consumers with an invaluable service," said Sacks. "I look
forward to working with Scribd's talented management team to help them capitalize on
the company's ever-growing market opportunities."

Scribd is backed by Charles River Ventures, Redpoint Ventures, Paul Graham's Y


Combinator and The Kinsey Hills Group. Prominent angel investors include Sacks, as
well as Marc Andreessen, Jeff Jordan and Craig Sherman.

About Scribd, Inc.


Scribd is the largest social publishing company in the world with more than 50 million
readers each month. Scribd is changing the way people discover, share and sell original
writings and documents on the web and mobile devices. Our innovative document reader
technology has lowered the barriers to publishing by enabling anyone to easily upload
and share their work in any file format, including PDF, Word, PowerPoint and ePUB.
Scribd is a venture-backed company based in San Francisco. For more information,
please visit http://www.scribd.com.

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