New Corporate Structure

Rightmove Plc 30 November 2007 30 November 2007 Rightmove plc - Proposals for New Corporate Structure Rightmove plc ('Rightmove') today announces that it intends to introduce a new parent company above Rightmove plc, followed by a reduction of the nominal value of the share capital of the new parent company in order to increase the Group's distributable reserves. The reserves created will be available for the declaration of future dividends and other returns of capital including share buybacks. The proposed change, which is subject to Court and Shareholder approval, involves a scheme of arrangement. The proposals will result in Rightmove's shareholders owning the same number of shares, but in the new parent company. Furthermore, the reduction in nominal value of the new shares will not, in itself, have any impact on the market value of the shares. Shareholder approval of these proposals will be sought at a Court Meeting and Extraordinary General Meeting, further details of which will be sent to shareholders in due course. It is envisaged that this process will be completed prior to the announcement of Rightmove's preliminary results. For further enquiries please contact: Graham Zacharias +44 20 7087 0700 Rightmove plc Brian Hudspith +44 20 7379 5151 Maitland This information is provided by RNS The company news service from the London Stock Exchange

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Rightmove (RMV)
UK 100

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