REA GROUP LTD — Director's Dealing 2008

Jun 1, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

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	01 MAY 2008

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.

	Dit idit itt	Dit idit itt	INDIRECT	INDIRECT
	rec or nrec neres
	Nature of indirect interest		CPU SHAREPLANS PTY LTD
	(including registered holder)Note: Provide details of the circumstances giinterest.	ving rise to the relevant
	Date of change		29 MAY 2008
	No. of securities held prior to chan	ge	1,670,459 SIMON T BAKER1,098,536 STB HOLDINGS PT333,895 ST + M SUPER FU4554CPU SHAREPLAN
	Class		FULLY PAID ORDINARY
	Number acquired		221
	Number disposed		NIL
	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		$5.20 PER SHARE

• See chapter 19 for defined terms.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	1,670,459 SIMON T BAKER1,098,536 STB HOLDINGS PTY LTD333,895 ST + M SUPER FUND4,775CPU SHAREPLANS PTY LTD________3,107,665
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	EMPLOYEE SHARE PURCHASEPROGRAM

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 change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2