PlanetOut Inc. , the leading media and entertainment company exclusively focused on the gay and lesbian market, today announced that following the receipt of stockholder approval for a reverse stock split at the special meeting of stockholders held on August 29, 2007, its board of directors set the ratio of the reverse stock split of PlanetOut common stock at one-for-ten. The reverse stock split is expected to become effective on or about October 1, 2007, when PlanetOut files an amendment to its certificate of incorporation with the State of Delaware.

As a result of the reverse stock split, every ten shares of common stock of PlanetOut will be combined into one share of common stock. The number of shares subject to PlanetOut's outstanding options and warrants will be reduced in the same ratio as the reduction in the outstanding shares, and the per share exercise price of those options and warrants will be increased in direct proportion to the reverse stock split ratio.

After the completion of the reverse stock split, PlanetOut stockholders will receive instructions with respect to the exchange of their stock certificates.

Forward-Looking Statements

In addition to the historical information contained herein, this press release contains forward-looking statements, including statements regarding PlanetOut's anticipated timing of the reverse stock split, future growth and financial performance, as well as statements containing the words "believes," "anticipates," "expects," and similar words. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the company's limited operating history and variability of operating results; the company's ability to attract and retain subscribers and advertisers; timing and success of cruises, events and product launches; and the company's dependence on technology infrastructure and the Internet. Additional information concerning these factors is included in the company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2007, and other public filings filed from time to time with the Securities and Exchange Commission (SEC), which are available at the SEC's website at www.sec.gov. All such forward-looking statements are current only as of the date on which such statements were made. PlanetOut does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

About PlanetOut Inc.

PlanetOut Inc. is the leading global media and entertainment company exclusively serving the lesbian, gay, bisexual and transgender (LGBT) community.

PlanetOut's digital media brands include Gay.com, PlanetOut.com, Advocate.com, Out.com, OutTraveler.com and HIVPlusMag.com. PlanetOut print media brands include The Advocate, Out, The Out Traveler and HIVPlus, as well as SpecPub, Inc. titles. Transaction services brands include e-commerce Web sites Kleptomaniac.com and BuyGay.com, travel and events marketer RSVP Vacations and book publisher Alyson Publications.

PlanetOut, based in San Francisco with additional offices in New York, Los Angeles and Minneapolis, offers Global 1000 and local advertisers access to what it believes to be the most extensive multi-channel, multi-platform network of gay and lesbian people in the world. For more information, please visit http://www.planetoutinc.com.