<PAGE>
NOTICE OF GUARANTEED DELIVERY
FOR
TENDER OF SHARES OF COMMON STOCK
OF
TRAVELNOW.COM INC.
TO
WONSUB, INC.
A WHOLLY OWNED SUBSIDIARY OF
HOTEL RESERVATIONS NETWORK, INC.
(NOT TO BE USED FOR SIGNATURE GUARANTEES)
This Notice of Guaranteed Delivery, or a form substantially equivalent
hereto, must be used to accept the Offer (as defined below) if certificates
representing shares of Common Stock, par value $0.01 per share (the "Shares"),
of TravelNow.com Inc., a Delaware corporation (the "Company"), are not
immediately available, if the procedure for book-entry transfer of Shares cannot
be completed prior to the Expiration Date (as defined in Section 1 of the Offer
to Purchase), or if time will not permit all required documents to reach the
Depositary prior to the Expiration Date. This form may be delivered by hand,
transmitted by facsimile transmission or mailed to the Depositary. See
Section 3 of the Offer to Purchase.
THE DEPOSITARY FOR THE OFFER IS:
MELLON INVESTOR SERVICES LLC
<TABLE>
<S> <C> <C>
BY MAIL: BY HAND: BY OVERNIGHT:
Reorganization Department Reorganization Department Reorganization Department
P.O. Box 3301 120 Broadway 85 Challenger Road
South Hackensack, New Jersey 07606 13th Floor Mail Stop - Reorg.
New York, New York 10271 Ridgefield Park, New Jersey 07660
</TABLE>
BY FACSIMILE (ELIGIBLE INSTITUTIONS ONLY):
(201) 296-4293
CONFIRM BY TELEPHONE:
Daytime (201) 296-4860
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS SET
FORTH ABOVE OR TRANSMISSION VIA FACSIMILE NUMBER OTHER THAN AS SET FORTH ABOVE
WILL NOT CONSTITUTE A VALID DELIVERY.
THIS FORM IS NOT TO BE USED TO GUARANTEE SIGNATURES. IF A SIGNATURE ON A LETTER
OF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN "ELIGIBLE INSTITUTION" UNDER
THE INSTRUCTIONS THERETO, SUCH SIGNATURE GUARANTEE MUST APPEAR IN THE APPLICABLE
SPACE PROVIDED IN THE SIGNATURE BOX ON THE LETTER OF TRANSMITTAL.
<PAGE>
LADIES AND GENTLEMEN:
The undersigned hereby tenders to Wonsub, Inc., a Delaware corporation (the
"Purchaser") and a wholly-owned subsidiary of Hotel Reservations Network, Inc.,
a Delaware corporation, upon the terms and subject to the conditions set forth
in the Purchaser's Offer to Purchase, dated January 12, 2001, and the related
Letter of Transmittal (which, together with any amendments or supplements
thereto, constitute the "Offer"), receipt of which is hereby acknowledged, the
number of Shares set forth below of the Company, pursuant to the guaranteed
delivery procedures set forth in Section 3 of the Offer to Purchase.
All authority herein conferred or agreed to be conferred by this Notice of
Guaranteed Delivery shall survive the death or incapacity of the undersigned and
every obligation of the undersigned under this Notice of Guaranteed Delivery
shall be binding upon the heirs, personal representatives, executors,
administrators, successors, assigns, trustees in bankruptcy and other legal
representatives of the undersigned.
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DESCRIPTION OF SHARES TENDERED
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NAME AND ADDRESS OF REGISTERED OWNER(S)
(PLEASE FILL IN, IF BLANK, EXACTLY AS NAME(S)
APPEAR(S) SHARE CERTIFICATE(S) AND SHARE(S) TENDERED
ON CERTIFICATE(S)) (ATTACH ADDITIONAL SIGNED LIST, IF ANY)
<S> <C> <C> <C>
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NUMBER OF
SHARES NUMBER OF
SHARE CERTIFICATE REPRESENTED SHARES
NUMBER(S) BY CERTIFICATE(S) TENDERED**
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<S> <C> <C> <C>
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TOTAL SHARES
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</TABLE>
* NEED NOT BE COMPLETED BY STOCKHOLDERS TENDERING SHARES BY BOOK-ENTRY.
** UNLESS OTHERWISE INDICATED, IT WILL BE ASSUMED THAT ALL SHARES DESCRIBED
ABOVE ARE BEING TENDERED.
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PLEASE SIGN AND COMPLETE
Signature(s): ____________________________________________________________
Address: _________________________________________________________________
(Zip
Code)
Name(s): _________________________________________________________________
Capacity (full title), if in a representative capacity: __________________
Area Code and Telephone Number: __________________________________________
Taxpayer Identification
or Social
Dated: ________________________ Security Number: ________________________
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<PAGE>
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEES)
The undersigned, a participant in the Securities Transfer Agents Medallion
Program, the New York Stock Exchange Medallion Program or the Stock Exchange
Medallion Program, guarantees to deliver to the Depositary either certificates
representing the Shares tendered hereby, in proper form for transfer, or
confirmation of a book-entry transfer of such Shares into the Depositary's
account at The Depository Trust Company, in each case with delivery of a
properly completed and duly executed Letter of Transmittal (or a manually signed
facsimile thereof), with any required signature guarantees, or an Agent's
Message, and any other documents required by the Letter of Transmittal, within
three trading days (as defined in the Offer to Purchase) after the date hereof.
Any Eligible Institution (as defined in the Offer to Purchase) that
completes this form must communicate the guarantee to the Depositary and must
deliver the Letter of Transmittal and certificates for Shares to the Depositary
within the time period set forth herein. Failure to do so could result in a
financial loss to such Eligible Institution.
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Name of Firm: ____________________________________________________________
Address: _________________________________________________________________
Zip
Code
Area Code and Tel. No.: __________________________________________________
Authorized Signature: ____________________________________________________
Name: ____________________________________________________________________
(Please Print)
Title: ___________________________________________________________________
Dated:
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NOTE: DO NOT SEND CERTIFICATES FOR SHARES WITH THIS NOTICE. CERTIFICATES SHOULD
BE SENT ONLY WITH YOUR LETTER OF TRANSMITTAL.
