Dice Inc.
                                                      tel: (212) 725-6550
                                                      http://about.dice.com/

Dice Inc.
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For Immediate Release:
August 12, 2002

           DICE INC. REPORTS AWARD RENDERED IN ARBITRATION PROCEEDINGS


New York, NY--August 12, 2002--Dice Inc. (Nasdaq: DICE), the leading provider of
online recruiting services for technology professionals, today reported that an
arbitrator had issued an award in the previously disclosed arbitration
proceeding relating to the purchase of certain websites by EarthWeb Inc. (now
known as Dice Inc.) in 1999 from Mr. Scott Wainner.

These websites were subsequently transferred to internet.com Corporation (now
known as INT Media Group, Incorporated) in December 2000. The arbitrator awarded
Mr. Wainner $1 million of the total $2 million plus attorney's fees and costs
sought by Mr. Wainner in the arbitration.

Pursuant to the terms of the Asset Purchase Agreement entered into in December
2000 between EarthWeb Inc. and internet.com Corporation, Dice has certain rights
to indemnification from internet.com.

The company will take a charge during the third quarter for the net amount
payable pursuant to the award. Under the terms of the arbitrator's award,
interest will accrue at 9% per annum beginning September 7, 2002, if the payment
is not made before that date. The company is evaluating its options regarding
the award, the method of any payment and the impact on the award of the
indemnity provisions of the Asset Purchase Agreement with internet.com
Corporation.

This award will have no impact on the operations of Dice Inc. and does not
change its projections of revenue and EBITDA disclosed during its second quarter
earnings call on July 24, 2002.

About Dice Inc.
Dice Inc. (Nasdaq: DICE, http://about.dice.com) is the leading provider of
online recruiting services for technology professionals. Dice Inc. provides
services to hire, train and retain technology professionals through dice.com,
the leading online technology-focused job board, as ranked by Media Metrix and
IDC, and MeasureUp, a leading provider of assessment and preparation products
for technology professional certifications.

Corporate Profile
Dice Inc.'s corporate profile can be viewed by clicking on Investor Relations at
http://about.dice.com.


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This press release may be deemed to contain forward-looking information. Any
forward-looking statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements, including statements as to industry trends, future economic
performance, anticipated profitability, anticipated revenues and expenses, and
products or service line growth, may be significantly and materially impacted by
certain risks and uncertainties, including, but not limited to, failure to meet
operating objectives or to execute the operating plan, competition, and other
economic factors. Additional risks and uncertainties are described in the
Company's public filings with the Securities and Exchange Commission. Any
forward-looking information in or referred to by this press release is current
only as of the date of publication, and Dice Inc. disclaims any obligation to
update this information.



Company Contact Information               Media Contact Information
Michael P. Durney                         Claudine Cornelis
Senior Vice President, Finance and        Laura Novak
Chief Financial Officer                   Morgen-Walke Associates
                                          tel: 212-850-5600
Constance Melrose
Vice President, Treasury and Investor     Investor Relations Contact Information
  Relations                               Richard Schineller
Dice Inc.                                 3rd Millennium
ir@dice.com                               rich@3rd-mm.com
tel: 212-725-6550                         tel: 973-633-0888, ext. 110