PEEK Extends Tender Offer For Shares Of LookSmart Ltd Until January 7, 2013

PEEK Investments LLC announced that it has extended third-party tender offer to purchase all of the outstanding shares of common stock of LookSmart Ltd for $1.00 per share in cash. As extended, the tender offer is scheduled to expire at 12:01 A.M., New York time, on January 7, 2013. The tender offer was previously scheduled to expire at 5:00 P.M., New York time, on December 31, 2012. As of December 31, 2012, 8,380,021 shares had been deposited, which, together with the shares owned by PEEK's affiliates, represents over 63% of the total shares outstanding.