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Rightmove PLC (RMV)

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Thursday 20 January, 2011

Rightmove PLC

Holding(s) in Company


Form TR-1 with annex. FSA Version 2.1 updated April 2007

For filings with the FSA include the annex  
                                            
For filings with issuer exclude the annex   

TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     RIGHTMOVE PLC                  
issuer of existing shares to which voting                                      
rights are attached:                                                           
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights                          Yes       
                                                                               
An acquisition or disposal of financial instruments which may result           
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify):______________                                          
                                                                               
3. Full name of person(s) subject to    1. Lone Pine Capital LLC.              
notification obligation:                                                       
                                        2. Stephen F. Mandel Jr.               
                                                                               
4. Full name of shareholder(s) (if      Goldman Sachs & Co. (Nominees)         
different from 3):                                                             
                                                                               
5. Date of transaction (and date on     18 January 2011                        
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       20 January 2011                        
                                                                               
7. Threshold(s) that is/are crossed or  Below 5%                               
reached:                                                                       

8: Notified Details                                                           
                                                                              
A: Voting rights attached to shares                                           
                                                                              
Class/type of   Situation         Resulting situation after the triggering    
shares          previous to the   transaction                                 
                triggering                                                    
If possible use transaction                                                   
ISIN code                                                                     

Number of     Number of Number of Number of voting   Percentage of             
shares        voting    shares    rights             voting rights             
              rights                                                           
                                  Direct    Indirect Direct    Indirect        
                                                                               
GBOOB2987V85  5,695,260 5,695,260 5,607,760          5,607,760          4.996% 

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of         Expiration     Exercise/       No. of voting    Percentage of  
financial       date           conversion      rights that may  voting rights  
instrument                     period/date     be acquired (if                 
                                               the instrument                  
                                               exercised/                      
                                               converted)                      
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
               5,607,760                                4.996%                 

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
Lone Pine Capital LLC is the investment manager to several funds which         
indirectly hold shares in the issuer. Stephen F. Mandel Jr. is the Managing    
Member of Lone Pine Capital LLC and in such capacity is able to direct its     
operations.                                                                    

Proxy Voting:                                                                  
                                                                               
10. Name of 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:                        Liz Taylor, Company Secretary          
                                                                               
15. Contact telephone name:             0207 087 0700