Restructure Proposals

FOR IMMEDIATE RELEASE

                                                                23 October 2008

                                 Rightmove plc                                 

                      Changes to organizational structure                      

Rightmove plc, the UK's no. 1 property search website, announces a number of
changes aimed at increasing focus on its core UK property advertising business.

In the context of a challenging housing market, Rightmove will significantly
increase its consumer marketing spend and make organizational changes to even
better support those estate agents who are embracing the switch to on-line
media.

The key changes are:

 1. A reorganization of the existing estate agency sales force and customer
    service teams into account management teams, each covering a region of the
    country;
   
 2. Greater focus on the national and regional house builders as well as the
    growing housing association market, with less focus on more speculative
    individual developments and property conversions;
   
 3. A scaling back of the Rightmove Overseas business to reflect a decreased
    demand for property in continental Europe;
   
 4. Exiting from direct selling of banner advertising on the Aboutmyplace
    mapping website reflecting the general excess capacity for on-line
    generalist banner advertising;
   
 5. A general reduction in overheads in line with the tough trading conditions
    being experienced by the property industry as a whole.
   
The result will be a reduction in headcount of approximately 20% and a
reduction in the cost base for 2009 of around £5m, although Rightmove may
increase its marketing spend by up to £1m.  Almost all the employees involved
in the restructure are on one month's notice so it is anticipated that the
costs arising from implementing the changes will be taken in 2008 without any
material impact on 2008 profits.

These are the first redundancies that the Company has made as a result of the
downturn in the UK housing market. The scale reflects the Company's view that
the current challenges will continue through 2009, though not at any worse
level than we have previously indicated. 

Rightmove believes that these actions will allow us to maintain or increases
our position as UK no.1 in terms of home hunters and keep margins at or close
to current levels.

For further information please contact Graham Zacharias, Rightmove 0207 087
0700

Name and contact responsible for making this announcement:

Liz Taylor, Company Secretary, 0207 087 0700

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