REA GROUP LTD — Director's Dealing 2009

Mar 19, 2009

ASX Announcement 20 March 2009

REA Group Ltd (the "Company") Appendix 3Y – Change of Director's Interest Notice

1. The attached Appendix 3Y notices set out the notifiable interests held by Company directors in News Corp, a "related body corporate" of the Company.

The Company only first became aware that directors were required to disclose interests held not only in the Company, but also in related bodies corporate such as News Corp, last week in the course of the preparation by its new Company Secretary of an Initial Directors Interest notice for a new director. As the result of this previous oversight, information about the interests of directors of REA Group in News Corp have not previously been included in the notices of directors' interest lodged with the ASX.

As soon as this issue was identified last week, the Company worked together with its existing directors and the ASX to obtain the information required for lodgement with the ASX.

As can be seen from the notices lodged today, no REA Group director has any interest in News Corp which is of any significance in the context of the issued capital of News Corp.

• 1. The Company has existing arrangements in place with its directors under which the directors agree and undertake to provide the Company Secretary with details of any change to their notifiable interests.
• 1. The Company Secretary has now made changes to these existing arrangements and put in place new policies with the aim of addressing any previous oversights in the Company's systems for notifying the ASX of director's notifiable interests.

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 REA Group Ltd
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	Stephen P Rue
Date of last notice	29 August 2003

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	N/A (See attached letter)
No. of securities held prior to change	N/A (See attached letter)
Class	Options over Class A shares in News Corp (a"related body corporate" of REA Group Ltd).Note that the director holds NIL securities inREA Group Ltd.
Number acquired	N/A
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	N/A – The options have been issued to thedirector as an employee under the News Ltdemployee option plan.
No. of securities held after change	49,000 options over Class A shares in NewsCorp.

+ See chapter 19 for defined terms.

Nature of change			The options have been issued to the director
Example: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	as	an	employeeemployee option plan.	under	the	News	Ltd

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

+ See chapter 19 for defined terms.

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 REA Group Ltd
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	Alasdair MacLeod
Date of last notice	20 February 2003

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	N/A (See attached letter)
No. of securities held prior to change	N/A (See attached letter)
Class	118,800 options over Class A shares, and 4000Class A shares, held in News Corp (a "relatedbody corporate" of REA Group Ltd).Note that the director holds NIL securities inREA Group Ltd.
Number acquired	N/A
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	118,800 options: N/A: The options have beenissued to the director as an employee under theNews Ltd employee option plan.4000 shares: value $42,880 [$10.72 per shareas at 19/3/09]

+ See chapter 19 for defined terms.

No. of securities held after change	118,800 options over Class A shares, and 4000Class A shares, held in News Corp.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	118,800 options have been issued to thedirector as an employee under the News Ltdemployee option plan.4000 shares in News Corp were acquired bythe director as the result of a previous exerciseof options.

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 tochange
Note: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

+ See chapter 19 for defined terms.