Share buy-back

8th Jun 2007 07:01

Rightmove Plc08 June 2007 Rightmove plc ("the Company") Share buy-back programme Given the continued and growing strength of the Group's balance sheet reflectingthe strong cash flows of the Company since the IPO in March 2006, the Board hasassessed the capital required to support the ongoing plans for profitable growthand its ordinary dividend payments, and has decided that it will buy back up to£10.5m of its ordinary shares by market value in the coming months. It isintended that the share buy-back programme will start on 8 June 2007 and involvea rolling share buy-back programme within the limits approved by shareholders atthe Company's Annual General Meeting on 2 May 2007. It is intended that any shares purchased will be transferred into treasury. Enquiries: Graham Zacharias, Group Finance Director +44 (0)1908 308500 Brian Hudspith, Maitland +44 (0)20 7379 5151 This information is provided by RNS The company news service from the London Stock Exchange

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