PlanetOut Inc. Announces Plans for Reverse Stock Split

PlanetOut Inc. , announced that following the receipt of stockholder approval for a reverse stock split at the special meeting of stockholders held on August 29, 2007, its board of directors set the ratio of the reverse stock split of PlanetOut common stock at one-for-ten. The reverse stock split is expected to become effective on or about October 1, 2007, when PlanetOut files an amendment to its certificate of incorporation with the State of Delaware.

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