Egghead.com, Inc. Announces Public Offering Of 5,020,000 Shares of Common Stock.

VANCOUVER, Wash.--(BUSINESS WIRE)--March 12, 1999--Egghead.com, Inc. (Nasdaq:EGGS) announced today the public offering of 5,020,000 shares of its Common Stock at a price of $13.50 per share.

Of the total, 5,000,000 shares are being offered and sold by Egghead.com and 20,000 shares are being offered and sold by a selling shareholder. Egghead.com has granted the Underwriters an option to purchase up to 750,000 additional shares from Egghead.com for the purposes of covering over-allotments, if any. Hambrecht & Quist LLC is acting as lead manager and BancBoston Robertson Stephens Inc., Prudential Securities Incorporated and U.S. Bancorp Piper Jaffray Inc. are acting as co-managers for the underwriting group.

Egghead.com is a leading online retailer of personal computer hardware, software, peripherals and accessories. In addition to computer-related products, Egghead.com sells consumer electronics and other consumer and business goods.

Copies of the final prospectus relating to the offering may be obtained from Hambrecht & Quist LLC (One Bush Street, San Francisco, CA 94104, telephone number 415/439-3000); BancBoston Robertson Stephens (555 California Street, Suite 2600, San Francisco, CA 94104, telephone number 415/781-9700); Prudential Securities (111 8th Avenue, New York, NY 10011, telephone number 212/776-8190); and U.S. Bancorp Piper Jaffray (Piper Jaffray Tower, 222 South Ninth Street, 14th Floor, Minneapolis, MN 55402, telephone number 612/342-6000).

Egghead.com, Inc. is headquartered at 521 S.E. Chkalov Drive, Vancouver, Washington 98683; Phone: [phone].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state.