• Domain Board unanimously recommends shareholders vote in favour of the Scheme
• Independent Expert concludes the Scheme is fair and reasonable
• Nine Entertainment to vote its 60.05% stake in favour of the Scheme

Domain Holdings Australia Limited has announced that the Scheme Booklet for the proposed acquisition by CoStar Group, Inc. has been registered with the Australian Securities and Investments Commission (ASIC). The Scheme Booklet includes the Independent Expert's Report, which has concluded that the Scheme is fair and reasonable and therefore in the best interests of Domain Shareholders (other than Excluded Shareholders) in the absence of a superior proposal. The Independent Expert has assessed the full underlying value of each Domain share at between $4.06 to $4.46 per Domain share on a fully diluted basis, and the Scheme Consideration of $4.43 per Domain share is close to the top end of this range. The Domain Board unanimously recommends that Domain Shareholders (other than Excluded Shareholders) vote in favour of the Scheme, in the absence of a Superior Proposal and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of Domain Shareholders. Nine Entertainment Co. Holdings Limited, the controlling shareholder of Domain holding approximately 60.05% of the ordinary Domain shares on issue, has confirmed that it intends to vote all of the Domain shares it holds or controls in favour of the Scheme in the absence of a superior proposal and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of Domain Shareholders (other than Excluded Shareholders).