Offer Price

Rightmove Plc 10 March 2006 10 March 2006 This announcement and the information contained herein is restricted and is not for publication, release or distribution in whole or in part in Australia, Canada, Japan or the United States. This announcement is an advertisement and not a prospectus and investors should not subscribe for or purchase any shares referred to in this announcement except on the basis of information in the prospectus published by Rightmove plc ('Rightmove') on 22 February 2006 (the 'Prospectus'), the supplementary prospectus published by Rightmove on 6 March 2006 (the 'Supplementary Prospectus') and the pricing statement expected to be published by Rightmove today (the 'Pricing Statement'), in connection with the admission of its ordinary shares ('Ordinary Shares') to the Official List of the Financial Services Authority ('Admission') and to trading on the main market for listed securities of London Stock Exchange plc. Copies of the Prospectus and the Supplementary Prospectus are available, and copies of the Pricing Statement will, following publication, be available, from the registered office of Rightmove at Grafton Court, Snowdon Drive, Winterhill, Milton Keynes MK6 1AJ and at the offices of UBS Limited at 1 Finsbury Avenue, London EC2M 2PP. Rightmove plc Initial Public Offering Offer Price of 335p per Share Rightmove plc ('Rightmove' or the 'Company'), owner of the UK's leading residential property website, today announces the pricing of the initial public offering of its existing Ordinary Shares (the 'Offer'). • The offer price has been set at 335p per Ordinary Share (the 'Offer Price'). The Pricing Statement is expected to be published today. • Based on the Offer Price, Rightmove will have a market capitalisation of £425 million at the commencement of conditional dealings. • The Offer consists of approximately 22.7 million Ordinary Shares, representing approximately 18% of the Company's issued ordinary share capital. • Following the Offer, the Corporate Selling Shareholders, being Countrywide Estate Agents, Connells Limited, Halifax Estate Agencies Limited and RSA E-Holdings Limited, will hold approximately 22.5%, 21.7%, 21.7% and 4.9% respectively of the Company's issued ordinary share capital. • Conditional dealings are expected to commence on the main market for listed securities of the London Stock Exchange at 8:00 a.m. today under the ticker symbol RMV. Any allocations under the Offer will be conditional on Admission. Any dealings in Ordinary Shares before the commencement of unconditional dealings will be on a 'when issued' basis, at the sole risk of the parties concerned, and of no effect if Admission does not take place. • It is expected that Admission will become effective and that unconditional dealings will commence at 8:00 a.m. on Wednesday 15 March 2006. • UBS Investment Bank is acting as Sponsor, Global Co-ordinator and Sole Bookrunner and Panmure Gordon is acting as Co-Lead Manager. Commenting on today's announcement Ed Williams, Managing Director said: 'We are delighted with the level of support that Rightmove's IPO has attracted from institutions, customers and employees, and for their confidence in our business model. Rightmove is the UK's leading residential property website and we are particularly pleased that so many of our customers have chosen to become shareholders as we progress our plans to become a broadly based residential property services group'. For further information please contact: Rightmove For Scott Forbes, Executive Chairman, and Ed Williams, Managing Director, please contact Maud Rousseau 020 7318 9095 UBS Investment Bank Christopher Smith / Benjamin Robertson 020 7567 8000 Maitland Neil Bennett / Brian Hudspith 020 7379 5151 Notes to Editors About Rightmove Rightmove operates in the UK residential property industry, connecting people to properties. The Company's principal business is the website www.rightmove.co.uk where its customers - estate agents, rental agents and new home developers - pay fees to have their properties displayed on the website, which provides home hunters with property details to search. The Rightmove.co.uk business competes in the market for classified property advertising. This market includes print advertising, internet sites of individual estate agents and new home developers, and other property portals. -o0o- The contents of this announcement, which have been prepared by and are the sole responsibility of Rightmove, have been approved by UBS Limited solely for the purposes of section 21(2)(b) of the Financial Services and Markets Act 2000. UBS Limited ('UBS' or 'UBS Investment Bank') is acting exclusively for Rightmove and Countrywide Estate Agents, Halifax Estate Agencies Limited, RSA E-Holdings Limited and Connells Limited (the 'Corporate Selling Shareholders') and no-one else in connection with the Offer and will not be responsible to anyone other than Rightmove and the Corporate Selling Shareholders for providing the protections afforded to the clients of UBS, nor for providing advice in relation to the Offer, the contents of this announcement or any transaction, arrangement or other matter referred to herein. Panmure Gordon (UK) Limited is acting exclusively for Rightmove and no-one else in connection with the Offer and will not be responsible to anyone other than Rightmove for providing the protections afforded to the clients of Panmure Gordon (UK) Limited, nor for providing advice in relation to the Offer, the contents of this announcement or any transaction, arrangement or other matter referred to herein. This announcement does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, Ordinary Shares to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful and, in particular, is not for release, publication or distribution in or into the United States, Australia, Canada or Japan. The offer and sale of Ordinary Shares has not been and will not be registered under the US Securities Act of 1933, as amended (the 'Securities Act') or under the applicable securities laws of Australia, Canada or Japan. Subject to certain exceptions, the Ordinary Shares may not be offered or sold in Australia, Canada, Japan or the United States. Forward Looking Statements This announcement contains certain ''forward-looking statements'', including statements about current beliefs and expectations of the Directors. In particular, the words ''expect'', ''anticipate'', ''estimate'', ''may'', ''should'', ''plans'', ''intends'', ''will'', ''believe'' and similar expressions (or in each case their negative and other variations or comparable terminology) can be used to identify forward-looking statements. These statements are based on the Rightmove Directors' expectations of external conditions and events, current business strategy, plans and the other objectives of management for future operations, and estimates and projections of the Company's financial performance. Though the Directors of Rightmove believe these expectations to be reasonable at the date of this announcement they may prove to be erroneous. Forward-looking statements involve known and unknown risks and uncertainties and speak only as of the date they are made. Investors are hereby cautioned that certain important factors could cause actual results, outcomes, performance or achievements of the Company or industry results to differ materially from those expressed or implied in forward-looking statements. This announcement does not constitute a recommendation concerning the Offer. The value of shares can go down as well as up. Past performance is not a guide to future performance. Potential investors should consult a professional advisor as to the suitability of the Offer for the individual concerned. This information is provided by RNS The company news service from the London Stock Exchange

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