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Rightmove PLC (RMV)

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Tuesday 22 March, 2011

Rightmove PLC

Holding(s) in Company


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

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                                    
                                                                               
An acquisition or disposal of qualifying financial instruments which           
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    X    
to qualifying financial instruments                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please                                                                  
specify):                                                                      

3. Full name of person(s) subject to                Maverick Capital Ltd., as a
the notification obligation: iii       discretionary manager of client accounts
                                                                               
4. Full name of shareholder(s) (if                                          N/A
different from 3.):iv                                                          
                                                                               
5. Date of the transaction and date                               17 March 2011
on which the threshold is crossed or                                           
reached: v                                                                     
                                                                               
6. Date on which issuer notified:                                 21 March 2011
                                                                               
7. Threshold(s) that is/are crossed                                          3%
or reached: vi, vii                                                            

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

Class/type of Situation previous  Resulting situation after the triggering     
shares        to the triggering   transaction                                  
              transaction                                                      
                                                                               
if possible   Number    Number    Number   Number of voting  % of voting       
using         of        of        of       rights            rights x          
the ISIN CODE Shares    Voting    shares                                       
                        Rights                                                 
                                                                               
                                  Direct   Direct   Indirect Direct    Indirect
                                           xi       xii                        
                                                                               
N/A           N/A       N/A       N/A      N/A      N/A      N/A       N/A     
                                                                               
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.                      
                                                                               
N/A               N/A        N/A               N/A                N/A          

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      % of voting     
financial      price     date xvii   Conversion voting         rights xix, xx  
instrument                           period     rights                         
                                     xviii      instrument                     
                                                refers to                      
                                                                               
                                                               Nominal  Delta  
                                                                               
Total Return   N/A       N/A         N/A        Not            Below    Below  
Swap (no                                        disclosable             3%     
voting rights)                                                 3%              

Total (A+B+C)                                                                  
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
Not disclosable                         Below 3%                               

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
                                                                            N/A

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

13. Additional information:                                                    
                                                                               
14. Contact name:                                                    Liz Taylor
                                                                               
15. Contact telephone number:                                     020 7087 0700