REA Rea Group Ltd

Propertyfinder.com is delighted to announce Gillian Kent�s appointment as the new chief executive officer. Gillian took over as CEO of propertyfinder.com with effect from the 15th of January 2008. She has a strong track record in managing large online businesses and is responsible for making MSN (part of Microsoft) into the UK�s leading online media company. From 2003 until 2006, she was the managing director of MSN in the UK, having previously been head of products and business development and head of marketing there. Simon Baker, CEO of REA Group, the Australian parent company of propertyfinder.com, said: �We are very pleased to welcome Gillian on board. She has fantastic experience in building and managing consumer brands in the competitive UK online world. Under Warren Bright�s leadership, propertyfinder has grown to serve one-third of the country�s estate agents. The company is now excellently placed for further success with Gillian at the helm.� Gillian Kent added: �The property website market is ready for a shake-up. Rightmove�s spot as number 1 is not pre-ordained and I am looking forward to challenging their position. Estate agents need a site that is always looking at the best way to appeal to home buyers and renters in order to provide them ever more leads. My experience at MSN will stand us in great stead to drive propertyfinder forward.� About Propertyfinder.com: Founded in 1995, Propertyfinder.com was the UK�s first property portal and today has approximately 280,000 properties�online from�4,400 estate agency offices. Propertyfinder.com is operated by the REA Group, (ASX:REA, realestate.com.au Ltd. and its subsidiary companies), which operates 16 real estate websites in nine countries in Europe, Asia and Australasia.