Scheme of arrangement

Rightmove Plc 25 January 2008 New Corporate Structure Court Sanction of Scheme of Arrangement Rightmove plc (the 'Company') announces that earlier today the Court sanctioned the Scheme to establish Rightmove Group plc (which will be re-named Rightmove plc on 28 January 2008) as the holding company of Rightmove plc and confirmed the reduction of capital involved therein. Under the Scheme, Rightmove Ordinary Shareholders are entitled to one Rightmove Group Ordinary Share for each Rightmove Ordinary Share held at the Scheme Record Time. The Scheme will become effective upon an office copy of the Court Order sanctioning the Scheme being registered by the Registrar of Companies in England and Wales, which is expected to be on 28 January 2008. A further announcement will be made when the Scheme has become effective. Dealings in Rightmove Group Ordinary Shares are expected to commence at 8.00 a.m. on 28 January 2008 at which time the listing of existing Rightmove Ordinary Shares will be cancelled. Capitalised terms in this announcement have the same meaning in the Prospectus published by Rightmove Group plc on 11 December 2007. For Further Information Graham Zacharias, Rightmove plc +44 20 7087 0700 Brian Hudspith, Maitland +44 20 7379 5151 UBS Limited is acting exclusively for Rightmove plc and Rightmove Group plc and no-one else in connection with the Proposals and will not be responsible to anyone other than Rightmove plc and Rightmove Group plc for providing the protections afforded to the customers of UBS Limited or for providing advice in relation to the Proposals. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITY. NONE OF THE SECURITIES REFERRED TO IN THIS DOCUMENT SHALL BE SOLD, ISSUED OR TRANSFERRED IN OR INTO ANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. Notice to United States residents In particular, this document is not an offer of securities in the United States. The Rightmove Group Ordinary Shares will not be, and are not required to be, registered with the US Securities and Exchange Commission (the 'SEC') under the US Securities Act of 1933, as amended (the 'US Securities Act'), or under the securities laws of any state, district or other jurisdiction of the United States. It is expected that the Rightmove Group Ordinary Shares will be issued in reliance on the exemption from registration provided by Section 3(a)(10) thereof. Rightmove Ordinary Shareholders (whether or not US persons) who are affiliates (within the meaning of the US Securities Act) of Rightmove plc or the Company before implementation of the Scheme or who are affiliates of the Company after the implementation of the Scheme will be subject to timing, manner of sale and volume restrictions on the sale of Rightmove Group Ordinary Shares received in connection with the Scheme under Rule 145(d) of the US Securities Act. This information is provided by RNS The company news service from the London Stock Exchange

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Rightmove (RMV)
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