08 June 2007
Rightmove plc ('the Company')
Share buy-back programme
Given the continued and growing strength of the Group's balance sheet reflecting
the strong cash flows of the Company since the IPO in March 2006, the Board has
assessed the capital required to support the ongoing plans for profitable growth
and its ordinary dividend payments, and has decided that it will buy back up to
£10.5m of its ordinary shares by market value in the coming months. It is
intended that the share buy-back programme will start on 8 June 2007 and involve
a rolling share buy-back programme within the limits approved by shareholders at
the Company's Annual General Meeting on 2 May 2007.
It is intended that any shares purchased will be transferred into treasury.
Graham Zacharias, Group Finance Director +44 (0)1908 308500
Brian Hudspith, Maitland +44 (0)20 7379 5151
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