REA GROUP LTD — Director's Dealing 2006

Jun 18, 2006

Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity	realestate.com.au Limited
ABN	54 068 349 066

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Simon T Baker
Date of last notice	7 April 2006

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Both
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	STB HOLDINGS PTY LTDST + M SUPER FUND
Date of change	15 June 2006
No. of securities held prior to change	SIMON T BAKER2,285,1001,026,500STB HOLDINGS PTY LTD312,000ST + M SUPER FUND3,263,600
Class	Fully Paid Ordinary
Number acquired	254,290
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$762,870
No. of securities held after change	3,877,890

$+$ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of	Exercise of Rights
securities under dividend reinvestment plan, participation in buv-back

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details andan estimated valuation
Interest after change

+ See chapter 19 for defined terms.