LYCOS RETRIEVER 
Rightmove: Company
built 266 days ago
On February 1, 2008, Rightmove plc repurchased 88,771 of its 1p ordinary shares at a volume weighted average price paid per share of 429.7659p. Rightmove purchased these shares via UBS Limited. The shares purchased have been transferred into treasury. Following the above purchase, Rightmove holds 277,043 shares in treasury. The total number of ordinary shares in issue (excluding treasury shares) at the date of this announcement is 129,122,935. As of February 1, 2008, the Company has repurchased 277,043 shares under the program.
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For the first six months of 2007, Rightmove's profit was GBP 8.69 million, or 7.00 pence per share, up from GBP 499 thousand, or 0.40 pence per share, in the previous year. Underlying earnings per ordinary share before charges and items were 8.24 pence, up 70% from 4.85 pence in the prior-year period. The company's first-half revenue jumped 68% to GBP 25.43 million from GBP 15.10 million a year earlier.
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Rightmove plc provides earning guidance for the year ended December 31, 2007. For the year, the company expects revenue to be in the region of £56.7 million, up by around 69% on 2006. Profit before tax on an adjusted basis is expected to be towards the upper end of analysts' estimates of £29.3 to £32.2 million compared ot £17.7 million in 2006.
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