REA : Appointment of Non-Executive Director

Appointment of Non-Executive Director

REA Group (ASX:REA) announces the appointment of Mr Nick Dowling as Non-Executive Director of the Company, effective 9 May 2018.

Mr Dowling is the Melbourne based Chief Executive Officer of Jellis Craig. He has a strong real estate background as well as financial and corporate services experience having served as the former Head of Real Estate, Business Banking at Macquarie Bank Limited.

Chairman Hamish McLennan said: "We are delighted to welcome Nick to the REA Group Board. We consider it important to have an industry voice on our board, and Nick's extensive knowledge of the real estate industry, together with his ability to contribute to our financial services business and his strong managerial experience and strategic skills make him an excellent addition. Nick will further strengthen the diversity of our Board."

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About REA Group Limited:(www.rea-group.com)

REA Group Limited ACN 068 349 066 (ASX:REA) ("REA Group") is a multinational digital advertising business specialising in property. REA Group operates Australia's leading residential and commercial property websites,realestate.com.au andrealcommercial.com.au,Chinese property sitemyfun.com and a number of property portals in Asia via its ownership of iProperty Group. REA Group also owns Smartline Home Loans Pty Ltd, an Australian mortgage broking franchise group, and holds a significant shareholding in property websites Move, Inc in the US and PropTiger in India.