Jack Byrne Retires From Overstock.com Board of Directors

Jul 31, 2006, 01:00 ET from Overstock.com

    SALT LAKE CITY, July 31 /PRNewswire-FirstCall/ -- Overstock.com(R)
 (Nasdaq:   OSTK) today announced that Jack Byrne is retiring from the
 Overstock.com board of directors.
     (Logo: http://www.newscom.com/cgi-bin/prnh/20030520/LATU020LOGO-a )
     Jack Byrne said "There is much current activity associated with my new
 role as chairman of White Mountains Insurance Group and I can no longer
 give my directorship at Overstock the effort it deserves. The company
 couldn't be in better hands with my son, Patrick, at the helm."
     Patrick Byrne, Overstock.com's chairman and chief executive, and son of
 Jack Byrne, said, "I thank my father for his wonderful years of service to
 the company. He has made an enormous contribution in the shareholders'
 interests. We're forever in his gratitude."
     Jack Byrne has served on Overstock.com's board of directors from 1999
 to October 2002, and then rejoined the board in June 2004. His retirement
 is effective starting midnight tonight.
     About Overstock.com
     Overstock.com, Inc. is an online "closeout" retailer offering discount,
 brand-name merchandise for sale over the Internet. The company offers its
 customers an opportunity to shop for bargains conveniently, while offering
 its suppliers an alternative inventory liquidation distribution channel.
 Overstock.com, headquartered in Salt Lake City, is a publicly traded
 company listed on the NASDAQ National Market System and can be found online
 at http://www.overstock.com.
     Overstock.com is a registered trademark of Overstock.com, Inc. All
 other trademarks are the property of their respective companies.

SOURCE Overstock.com