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Rightmove PLC (RMV)

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Wednesday 30 December, 2009

Rightmove PLC

Holding(s) in Company


                                                                         

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                

1. Identity of the issuer or the underlying            RIGHTMOVE PLC           
issuer of existing shares to which voting                                      
rights are attached: ii                                                        

2 Reason for the notification (please tick the appropriate box or boxes):      

An acquisition or disposal of voting rights                               NO   
                                                                               
An acquisition or disposal of qualifying financial instruments which      NO   
may result in the acquisition of shares already issued to which voting         
rights are attached                                                            
                                                                               
An acquisition or disposal of instruments with similar economic effect   YES   
to qualifying financial instruments                                            
                                                                               
An event changing the breakdown of voting rights                          NO   
                                                                               
Other (please                                                            N/A   
specify):                                                                      

3. Full name of person(s) subject to            TREMBLANT CAPITAL LP           
the notification obligation: iii                                               
                                                                               
4. Full name of shareholder(s) (if        TREMBLANT PARTNERS MASTER FUND LP    
different from 3.):iv                                                          
                                                TREMBLANT PARTNERS LP          
                                                                               
                                        TREMBLANT CONCENTRATED MASTER FUND LP  
                                                                               
                                           TREMBLANT CONCENTRATED FUND LP      
                                                                               
5. Date of the transaction and date               24 DECEMBER 2009             
on which the threshold is crossed or                                           
reached: v                                                                     
                                                                               
6. Date on which issuer notified:                 29 DECEMBER 2009             
                                                                               
7. Threshold(s) that is/are crossed                      9%                    
or reached: vi, vii                                                            

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type of Situation previous            Resulting situation after           
shares         to the triggering                  the triggering                
                  transaction                      transaction                  
                                                                                
if possible    Number    Number    Number      Number of         % of voting    
using            of        of        of          voting            rights x     
the ISIN CODE  Shares    Voting    shares        rights                         
                         Rights                                                 
                                                                                
                                   Direct   Direct  Indirect   Direct   Indirect
                                              xi       xii                      
                                                                                
ORDINARY      7,672,310 7,672,310                   7,672,310            6.59%  
                                                                                
GB00B2987V85                                                                    
                                                                                
B: Qualifying Financial Instruments                                             
                                                                                
Resulting situation after the triggering transaction                            
                                                                                
Type of financial Expiration     Exercise/      Number of voting   % of voting  
   instrument     date xiii  Conversion Period rights that may be     rights    
                                    xiv         acquired if the                 
                                                 instrument is                  
                                                   exercised/                   
                                                   converted.                   
                                                                                

C: Financial Instruments with similar economic effect to Qualifying Financial   
Instruments xv, xvi                                                             
                                                                                
Resulting situation after the triggering transaction                            
                                                                                
   Type of     Exercise Expiration Exercise/  Number of voting    % of voting   
  financial     price   date xvii  Conversion rights instrument  rights xix, xx 
  instrument                         period       refers to                     
                                     xviii                                      
                                                                                
                                                                Nominal   Delta 
                                                                                
 Contract for  N/A     N/A           N/A         Below 3%                Below 3% 
 Differences                                                                  

Total (A+B+C)                                                                  
                                                                               
        Number of voting rights               Percentage of voting rights      
                                                                               
              10,485,076                                 9.01%                 

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
The shares of Rightmove Plc, and the financial instruments relating to such    
shares, are held by Tremblant Partners Master Fund LP, Tremblant Partners LP,  
Tremblant Concentrated Master Fund LP, and Tremblant Concentrated Fund LP      
(together, the "Tremblant Funds").                                             
                                                                               
Tremblant Capital LP is the investment manager of the Tremblant Funds and has  
been granted full discretion to exercise the voting rights relating to the     
shares and financial instruments held by these funds under the related         
investment management agreements.                                              
                                                                               
Mr. Brett Barakett is the managing member of the general partner of Tremblant  
Capital LP and therefore has an indirect interest in all of the voting rights  
which are the subject of this notification.                                    

Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy                                              
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will                                            
cease to hold voting rights:                                                   

13. Additional information:                                                    
                                                                               
14. Contact name:                                    ROBYN PERRISS             
                                                                               
15. Contact telephone number:                    + 44 (0)1908 308 542