COMPLETION OF ACQUISITION

29 April 2016

ZOOPLA PROPERTY GROUP PLC

COMPLETION OF THE ACQUISITION OF THE PROPERTY SOFTWARE GROUP

Zoopla Property Group Plc (LSE: ZPLA) ("ZPG" or "the Group"), the digital media and lead generation platform that owns and operates some of the UK's leading online consumer brands including Zoopla, uSwitch and PrimeLocation, today announces that the acquisition of Property Software Holdings Limited (together with its subsidiaries "The Property Software Group" or "PSG") has completed. This follows the cancellation of PSG's existing FCA Consumer Credit License, which was the sole completion condition of the Acquisition.

For further information, please contact:

Zoopla Property Group Plc

Lawrence Hall, Head of Communications - [email protected] / 07890 078 945

Rachael Malcolm, Head of Investor Relations - [email protected] / 07774 671 082

Maitland

James Isola 020 7379 5151

Notes to Editors

About The Property Software Group

The Property Software Group (PSG) is the UK's largest supplier of software and workflow solutions to the property industry. Its portfolio includes market leading residential sales and property management software and innovative software features.

PSG provides essential systems for the day-to-day management of inventory, marketing and communications as well as diary management, chain progression, business reporting tools and financial processes. And its newest products, MyPropertyFile and MoveIT, provide agents with digital platforms for engaging more effectively with their clients and generating additional revenues from a variety of property related services.

PSG's brand portfolio includes Alto, Jupix, CFP, Vebra, Core, Encore, MyPropertyFile and MoveIT.

About Zoopla Property Group (www.zpg.co.uk)

Zoopla Property Group Plc (LSE:ZPLA) (ZPG) is a digital media and lead generation platform that owns and operates some of the UK's most widely recognised and trusted digital consumer brands including Zoopla, uSwitch and PrimeLocation. Our mission is to be the most useful resource for consumers when finding, moving or managing their home and the most effective partner for related businesses.

We help consumers make smarter decisions and connect them to the most relevant business for their needs. Each of our brands has a distinct market position attracting a unique audience allowing us to deliver unrivalled exposure and leads for our partners. Our websites and mobile apps attract over 550 million visits per year and generate over four million leads per month for our partners.

Zoopla is the UK's most comprehensive property website, empowering consumers to make smarter property decisions, by helping them to research the market and find their next home by combining hundreds of thousands of property listings with market data and local information.

uSwitch is the UK's leading comparison website and lead generation engine for home services switching, helping consumers to find the best deal and save money on their gas, electricity, broadband, TV, phone and personal finance products. In 2015, uSwitch saved UK consumers over £165m on their energy bills alone.

PrimeLocation is one of the UK's leading property websites, helping house-hunters in the middle and upper tiers of the market explore and find their dream home from the top estate and letting agents.

Zoopla Property Group Plc was founded in 2007 and has a highly-experienced management team, led by Founder & CEO, Alex Chesterman.