ASX Announcement 23 January 2017 REA Group completes strategic investment in PropTiger

REA Group Limited (ASX:REA) today announced that it has successfully completed the acquisition of a 14.7% strategic stake in PropTiger, a leading online real estate services company in India, as announced to the market on 10 January, 2017. The acquisition is effective from 21 January 2017.

Ends

For further information: REA Group Limited Investors

Owen Wilson

Chief Financial Officer P: +61 3 8456 4288

E: ir@rea-group.com

REA Group Limited Media

Natalie Cerny

Head of Corporate Affairs M: +61 407 487 221

E: natalie.cerny@rea-group.com

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 and realcommercial.com.au, European sites casa.it, atHome.lu and immoRegion.fr, Chinese property site myfun.com and a number of property portals in Asia via its ownership of iProperty Group. REA Group also has a significant shareholding in US based Move, Inc and PropTiger in India.

REA Group Limited published this content on 23 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 January 2017 22:30:04 UTC.

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