Prosper Days People-to-People Lending Community Conference

San Francisco – February 5, 2008 – Prosper (www.prosper.com), America's largest people-to-people lending marketplace, today announced its second annual community conference, Prosper Days (www.prosperdays.com), will take place in San Francisco at the Parc55 Hotel on February 25th and 26th.

The day-and-a-half event is expected to draw more than 200 Prosper lenders and borrowers from across the country and features a keynote address by Stephen Dubner, author of the New York Times best seller Freakonomics.

To find out more about Prosper Days or to register to attend, visit www.prosperdays.com. Prosper Days is free of charge to bloggers and members of the press. Bloggers and members of the press should email Tiffany Fox at tiffany@prosper.com to obtain a free Press Pass.

Prosper Days is packed with knowledge-building sessions and networking opportunities designed to enhance the Prosper marketplace experience for new and seasoned users. Attendees will have the opportunity to:

• Learn from experienced and successful Prosper lenders, large portfolio managers, borrowers, and API developers
• Be the first to hear Prosper co-founder and CEO Chris Larsen unveil site enhancements and provide key insights into the performance and outlook of the Prosper marketplace
• Have their questions answered at a Town Hall meeting with Prosper co-founders, Chris Larsen and John Witchel, and Prosper and eBay Board Member, Bob Kagle of Benchmark Capital
• Gain knowledge and perspective from Prosper executives and industry experts including:
  • Prosper, Facebook and Walmart Board Member, Jim Breyer of Accel Partners
  • Editor in Chief of the Online Banking Report and NetBanker blog (www.netbanker.com), Jim Bruene
  • Blogging, Microfinance, Social Networking and Web 2.0 expert, Dave McClure, Master of 500 Hats (500hats.typepad.com/)
  • Electronic Commerce and Financial Services expert, Haim Mendelson, The Kleiner Perkins Caufield & Byers Professor of Electronic Business and Commerce, and Management, at the Stanford Business School
  • Prosper API developer and pioneer, Eric Petroelje, owner of a Eric's Credit Community (www.ericscc.com), a leading site devoted to Prosper statistics and analysis
• Socialize with Prosper members and employees throughout the event

The cost to attend Prosper Days is $55 which includes access to all Prosper sponsored activities, meals and events. The conference is open to everyone 18 and over. To attend Prosper Days you must register by February 24.

About Prosper

Prosper (www.prosper.com), America's largest people-to-people lending marketplace, was created to make consumer lending more financially and socially rewarding for everyone. Prosper's membership consists of over 570,000 people from across the country. Since launching in February 2006, over $115 million in loans have been funded in the marketplace.

The way Prosper works is intuitive to people who have used eBay. Instead of listing and bidding on items, people list and bid on loans using Prosper's online auction platform. People who want to borrow on Prosper create loan listings for up to $25,000 and set the maximum rate they are willing to pay a lender. People who register as Prosper lenders set the minimum interest rate they are willing to earn and bid in increments of $50 to $25,000 on loan listings they select. In addition to criteria commonly used by institutional lenders, such as credit scores and histories, Prosper lenders can consider borrowers' personal stories, endorsements from friends, and group affiliations. Once the auction ends, Prosper takes the bids with the lowest rates and combines them into one simple loan to the borrower. Prosper handles all on-going loan administration tasks including loan repayment and collections on behalf of the matched borrowers and lenders.

Prosper was co-founded by Chris Larsen, co-founder of E-LOAN, and John Witchel, technology entrepreneur. Backed by Accel Partners, Benchmark Capital, DAG Ventures, Fidelity Ventures, Meritech Capital, and Omidyar Network, Prosper has raised approximately $40 million. Prosper's marketplace platform is patent pending.