Yell completes acquisition of Moonfruit

For Immediate Release 13 June, 2012

Yell Group plc ("Yell")

Yell completes acquisition of Moonfruit

Provider of digital commerce tools to local businesses

Further to Yell's announcement on 16 May 2012, Yell is pleased to announce that Yell Limited has completed its recommended cash offer for Moonfruit Limited.

Ends

About Yell

Yell Group is a leading provider of digital services within the emerging local eMarketplace for consumers and SMEs across its operations in the UK, US, Spain and some countries in Latin America.

Building on its strong presence in the local market through its current digital and print portfolio, Yell is developing a broad range of digital services tailored to the converging needs of SMEs and consumers.

These address both the SMEs' need to grow, transact and be efficient in the digital world, and the consumers' need to connect locally to the goods and services they want, in a way which saves them time and money, and moves their lives forward.

In the year ended 31 March 2012, Yell Group had 1.2 million SME customers.

For more information, visit www.yellgroup.com

About Moonfruit

Moonfruit is a high design DIY website and shop builder with the aim to democratize the web for small businesses and individuals by providing easy-to-use web design and shop-building tools.

Moonfruit enables personalized web design, instant e-commerce across different channels including social and mobile, as well as market place distribution, for anyone. Moonfruit lets you customize the style and layout of your site so that it reflects your brand without having to understand any coding. Web sites are SEO-friendly and immediately optimized for web and mobile.

The Moonfruit ShopBuilder gives you the power to set up your online shop and trade immediately and everywhere, through the global channels of the web, mobile and social media. Over 5 million sites and 230,000 shops have been built using Moonfruit. It is the no. 1 hosted site builder in the UK and is expanding rapidly across the world, with over 1.5 million sites built in the US, visit http://www.moonfruit.com

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