REA GROUP LTD — Director's Dealing 2007

May 10, 2007

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	SAM WHITE
Date of last notice	20 JUNE 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.	SONGPAN PTY LTD(16,184,834 Shares are registered in the name ofSongpan Pty Limited. 1 Mr Sam White is the legaland beneficial owner of 100% of the securities inJespin Investments Pty Limited which owns33.33% of Reva Group Holdings Pty Limited,which is the ultimate parent company of andcontrols Songpan Pty Limited." Denzel PtyLimited and Wilabee Investments Pty Limited holdthe remaining 66.66% of Reva Group Holdings PtyLimited equally. ii Mr Brian White is the legal andbeneficial owner of 100% of the securities in bothDenzel Pty Limited and Wilabee Investments PtyLimited.)MERUMA PTY LTD(Director of Meruma Pty Ltd)
Date of change	8 MAY 2007
No. of securities held prior to change	SONGPAN PTY LTD16,184,83464,211SAM WHITE16,249,045
Class	FULLY PAID ORDINARY

$+$ See chapter 19 for defined terms.

Number acquired	NET NIL - SEE BELOW
Number disposed	NET NIL - SEE BELOW
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$375,634.35
No. of securities held after change	SONGPAN PTY LTD16,184,83464.211MERUMA PTY LTD16,249,045
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back-	TRANSFER BETWEEN SAM WHITE ANDRELATED PARTY 64,211 SHARES

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 whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-eash, provide details andan estimated valuation
Interest after change

$E = S$ White Form 604 [Tab 7] $E = S$ White Form 604 [Tab 7] $E = S$ SIC Company Search of Songpan dated 23 February 2006 [Tab 21] and ASIC Company Searches of EMOCA Pty Ltd and EMOCA Holdings Pty Limited dated 3 and 4 May

+ See chapter 19 for defined terms.