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Thursday 25 October, 2007

Seloger.com

Revenues for the nine months of 2007 up 58.4%

PR Newswire/Les Echos/
 
                                                              - Press release -


            Revenues for the first nine months of 2007
                            up 58.4%
     Robust growth, bolstering the group's leading positions

Revenues for the nine months ended 30 September 2007 (€'000)	2007	2006	Change
Classified ads	29,077	19,594	9,483	+48.4%
- Paris area	15,134	11,241	3,893	+34.6%
- Regions	13,943	8,353	5,590	+66.9%
Online advertising and partnerships	2,203	1,138	1,065	+93.6%
Direct services to internet users	1,106	1,110	-4	-0.3%
Total classified ads and media	32,386	21,842	10,544	+48.3%
Agency website design and listing	4,883	4,096	787	+19.2%
Real estate software	3,820		3,820	
Total services	8,704	4,096	4,608	+112.5%
Total revenues	41,090	25,938	15,152	+58.4%

Paris, 25 October 2007 - SeLoger.com, France's leading player in online real 
estate services, generated consolidated revenues of €41.1m in the first nine 
months of 2007, up 58.4% relative to the year-earlier figure of €25.9m.

The main driver behind this very strong growth remained the expansion of the 
classified ad business in Paris and the Regions.
SeLoger.com further strengthened its position as the leading marketplace 
bringing together supply and demand in the real estate sector, with:
1
- more than 1,955,000 classified ads in September 2007, as opposed to 1,191,000 
in September 2006 (+64.1%)

- an audience of more than 1,165,000 unique visitors (+14.6%), more than 7,706,
000 visits (+27.1%) and 122,004,000 page views (+12.6%) in September 2007

- 10,976 estate agent classified ad customers, representing 14,797 branches and 
a national penetration rate of 44.0% at end- September 2007

Continuing growth impetus

Classified ads and media revenues rose by 48.3% to €32.4m. This segment 
accounted for 78.8% of the group's total revenues in the first nine months of 
the year, and its various activities performed as follows:

- Classified ad revenues rose by 48.4%. Revenues in the Regions (+66.9%) 
continued to close the gap with those in Paris (+34.6%), accounting for 48.0% 
of the total as opposed to 42.6% in September 2006.

The number of estate agent classified ad customers rose from 8,484 in September 
2006 to 10,976 in September 2007. The average monthly amount invoiced per 
classified ad customer rose by 10.6% year-on-year, from €263 in September 2006

to €291 in September 2007.

o In Paris, SeLoger.com's penetration rate was 70%, with 4,302 customers (a net 
year-on-year increase of 533) representing 5,407 branches. The average spend 
per customer in September 2007 was €360.

O In the Regions, the penetration rate was 36%, with 6,674 customers (a net year
-on-year increase of 1,959) representing 9,390 branches. The average spend per 
customer in September 2007 was €247.

In the third quarter alone, the net increase in customer numbers was 323. As 
anticipated, this was lower than the increase in the second quarter of 2007 (740
), due to seasonal variations. SeLoger.com now has a total of 10,976 estate 
agent classified ad customers.

- In online advertising and partnerships, revenues rose by 93.6%, showing the 
group's ability to monetise its audience. The group also benefited from the 
recent deregulation of the energy distribution market for individual customers.

- Revenues from direct services to internet users remained stable (-0.3%). This 
business is continuing to suffer from the group's decision in the second 
quarter to shorten the 'paid consultation' period, during which new rental 
property ads can only be viewed by paying customers. Revenues in the third 
quarter alone were down 6%.

Revenues in the services segment rose by 112.5% to €8.7m, making up 21.2% of 
the
group's total in the first nine months of 2007. This segment consists of two 
activities:

- Agency website design and listing saw revenues rise by 19.2%.
                     2

- Real estate software consists of Périclès, a leading provider of IT 
solutions 
for real estate professionals, offering ASP software on a subscription basis. 
Périclès enables the SeLoger.com group to develop increasingly close 
relationships with estate agents and help them manage their property ads. The 
group acquired Périclès in November 2006, since when the company has been 
consolidated in SeLoger.com's accounts.

Targets maintained

SeLoger.com confirms its full-year 2007 revenue target of €56m, and its EBITDA

margin target of 48% (after taking into account the stock option and bonus 
share plan). The group also renews its targets to achieve over 45% penetration 
rate by end- December 2007, versus 36% at end-2006, and a rate of 70% in 2009.

* : EBITDA: earnings before interest, tax, depreciation and amortisation.
                  3

Third-quarter performance in line with expectations

SeLoger.com's revenues rose by 55.4% year-on-year to €14.3m in the third 
quarter of 2007. The classified ads business alone generated revenue growth of 
45.6%.

Quarterly revenues (€'000)	Q3-07	Q3-06 Change	Q2-07	Q1-2007	Q2-06 Q1-2006
Classified ads	10 394	7 143	4 5 ,6 %	9 948	8 737	6 505	5 946
- Paris area	5 281	3 827	3 8 ,0 %	5 179	4 676	3 789	3 625
- Regions	5 113	3 316	5 4 ,2 %	4 769	4 061	2 715	2 322
Online advertising and partnerships	7 40	351	1 1 0 ,7 %	756	705	4 72	315
Direct services to internet users	4 04	430	-6,0%	367	335	4 08	272
Total classified ads and media	11 538	7 924	4 5 ,6 %	11 071	9 777	7 384	6 534
Agency website design and listing	1 377	1 247	1 0 ,4 %	1 656	1 851	1 374	1 475
Real estate software	1 337			1 273	1 210		
TOTAL Services	2 714	1 247	1 1 7 ,7 %	2 929	3 061	1 374	1 475
TOTAL revenues	14 253	9 171	5 5 ,4 %	14 000	12 838	8 758	8 009

                                                        N.B.:
                                    Conference call today at 5.45pm (London time
)

To take part, call:	France:	+33(0)1 70 99 43 00
	UK:	+44(0)20 7806 1968
	Germany:	+49(0)69 5007 1317

                                                Forthcoming event:
                                              2007 Full year revenues
                                       31 January 2008 (after the market close
)                                 4

About SeLoger.com

The SeLoger.com group is France's leading online real estate player, with 
websites and services aimed at internet users and real estate professionals.
It has become France's benchmark online marketplace for real estate classified 
ads with its two leading sites www.seloger.com and www.immostreet.com.
The group gives internet users access to France's most extensive range of 
classified real estate ads, with
more than 1.95 million ads. It also gives real estate professionals the largest 
platform in the market, with an
audience consisting of more than 1.33 million unique visitors and an exclusive 
distribution network that covers
almost 9 out of 10 French internet users.

SeLoger.com's business model is based on a range of services based around 
online classified real estate ads. The company plans to maintain its rapid 
growth strategy, which focuses on four main areas: 
- continuing to win new estate agent customers, in both Paris and the Regions;
- improving its range of products and services for real estate professionals;
- introducing innovative new services for individuals planning a real estate 
transaction;
- making selective acquisitions.

SeLoger.com has been listed on Eurolist by Euronext™ (compartment B) since 30 
November 2006 and is part of the following indexes: SBF 250, CAC SMALL 90 and 
CAT IT since 21 September 2007. ISIN code: FR0010294595
      Corporate website: www.groupe-seloger.com

Contacts
Seloger.com	HDL Communication
+33 1 53 38 29 00	Bruno Lorthiois
Laurence Bégonin Maury	[email protected]
www.seloger.com	+33 1 58 65 00 72
Blandine Lazennec	Hervé de Laitre
[email protected]	[email protected]
	+33 1 58 65 00 71
                                      5

                         
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