Acquisition of QUEST by DMG Information

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Monday 2 July 2007

DMGT announces that DMG Information, its Business information division, has acquired QUEST, a market leading provider of systems designed to manage the exchange of valuation and survey information between lenders and surveyors in the U.K. housing market. QUEST is also a leading provider of software for the creation of Energy Performance Certificates.

QUEST, based in Bracknell, will become part of the Landmark Information Group and further enhance the range of products and services offered to the residential and commercial property markets.

The initial consideration will be £28 million, payable in cash, with additional payments of up to £8 million dependent on the financial performance of Quest over the next two years.

In the most recent financial year to 31 March, 2007 QUEST's operating profit was £4 million. We expect the transaction to be earnings enhancing from the date of acquisition.

Enquiries to:
Peter Williams Finance Director, DMGT
020 7938-6631

Paul Sykes Chief Financial Officer, DMGI
001 203 973-2940

Andrew Honnor Tulchan Communications
020 7353-4200