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.