Rightmove has announced that it purchased 175,000 of its 0.1p ordinary shares at a volume weighted average price paid per share of 536.677p. The highest price paid per share was 546.000p and the lowest price paid per share was 532.200p.

The number of shares purchased represented 0.0219% of the voting rights attributable to the total ordinary shares in issue prior to such purchase. The purchased shares will be cancelled.

Since announcing a share buy-back programme on 28 December 2007, Rightmove has purchased in aggregate 510,018,628 ordinary shares.

The total number of ordinary shares in issue (excluding treasury shares) following this announcement is 797,477,345. Rightmove holds 11,558,107 shares in treasury.

The company has purchased a number of shares in recent weeks. Firms generally buy back their own shares to keep up or further boost the share price, by reducing the number of shares in circulation; this approach is also sometimes undertaken to reduce the total number of shareholders in a company, or to use uninvested cash held by the company.

During a buy-back, the company pays participating shareholders the market value per share.

Schedule of Purchases – Individual Transactions

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