TripAdvisor 2012 Annual Report Download - page 12

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The risks set forth above are not exhaustive. Please refer to the section entitled “Part I, Item 1A. Risk
Factors.” Moreover, we operate in a very competitive and rapidly changing environment. New risk factors
emerge from time to time and it is not possible for management to predict all such risk factors, nor can we assess
the impact of all such risk factors on our business or the extent to which any factor, or combination of factors,
may cause actual results to differ materially from those contained in any forward-looking statements. Given these
risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction
of actual results. Investors should also refer to our quarterly reports on Form 10-Q for future periods and current
reports on Form 8-K as we file them with the Securities and Exchange Commission, or the SEC, and to other
materials we may furnish to the public from time to time through Forms 8-K or otherwise, for a discussion of
risks and uncertainties that may cause actual results, performance or achievements to differ materially from those
expressed or implied by forward-looking statements. We expressly disclaim any responsibility to update any
forward-looking statements to reflect changes in underlying assumptions or factors, new information, future
events, or otherwise, and you should not rely upon these forward-looking statements after the date of this report.
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