NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO U.S. PERSONS

5 December 2006

RP Data Ltd Media Announcement
RP DATA SUCCESSFULLY COMPLETES BOOKBUILD: FINAL PRICE SET AT THE TOP OF THE PRICE RANGE AT A$1.25 PER SHARE

RP Data Ltd (“RP Data” or the “Company”) today announced a Final Price of A$1.25 per Share in its initial public offer (“Offer”) following strong demand from both retail investors and domestic and international institutional investors.

The Final Price to be paid by successful Applicants under both the Institutional and Retail Offers has been set at A$1.25 per Share following the completion of the Institutional Bookbuild. The Final Price represents the top of the Indicative Bookbuild Range of A$1.00 - A$1.25.

Institutions have been allocated approximately 70% of the Shares available under the Offer. Retail investors who subscribed for Shares under the Public Offer have been substantially scaled back given the strong levels of demand.

Based on the Final Price of A$1.25 per Share, the total amount raised in the Offer will be approximately A$72.25 million, and the Company will have a market capitalisation of approximately A$172.63 million at the Final Price.

The Offer comprised approximately 57.8 million fully paid ordinary shares in the Company (“Shares”) and represents approximately 41.9% of the Shares in RP Data following completion of the Offer. It provided a mechanism for Info Corp Pty Limited (“Info Corp”) and Macquarie Bank Limited (“Macquarie”) to realise a portion of their investment in RP Data, as well as broadening RP Data’s shareholder base. None of the proceeds will be retained by RP Data.

From 8:30 am (Sydney time) on 11 December 2006, retail applicants will be able to find out details of their allocations by calling the RP Data Offer Information Line on 1800 286 780 (toll free within Australia) or +61 3 9415 4370. However, any retail applicant who sells Shares before receiving an initial statement of their holding does so at their own risk even if they have obtained details of their holding from the RP Data Offer Information Line.

Holding statements are expected to be dispatched on 11 December 2006. All successful Applicants under the Retail Offer will receive a refund of any application monies for any Shares applied for in excess of their final allocation. Refund cheques are expected to be dispatched on or around 11 December 2006.

RP Data shares are expected to commence trading on the Australian Securities Exchange on 15 December 2006. The ASX code for RP Data is RPX.

For further information please contact:

Graham Mirabito
Chief Executive Officer,
RP Data Limited
Tel + 61 7 3114 9999

Background Information

RP Data Ltd (“RP Data” or the “Company”), is a leading provider of residential property data and information services in Australia and New Zealand, and is the market leader in the provision of Property Information Services to real estate agencies nationally and in most Australian States and New Zealand.

The key features of RP Data’s business include:

• Market Leadership – RP Data is the market leader in the provision of Property Information Services to real estate agencies on a national basis in Australia and in New Zealand, with an estimated 63% market penetration.
  
• Attractive Business Model – the Company’s predominantly subscription-based direct debit revenue model has in recent years generated attractive margins and predictable core earnings growth, low working capital requirements and minimal bad debts. RP Data enjoys high incremental margins on product sales due to its largely fixed cost base.
  
• Large and Comprehensive Database – Database of Australian and New Zealand residential property information containing over 58 million records and is currently growing at an additional 6 million records per annum, covering approximately 85% of residential properties in Australia and New Zealand.
  
• Multiple Growth Opportunities – RP Data is well positioned to expand its penetration of its Property Information Services and Real Estate Software within real estate agencies in Australia and New Zealand, both organically and through bolt-on acquisitions. Cross-selling presents attractive growth opportunities. Growth is anticipated to be driven by further expansion into related segments such as finance, insurance and financial planning.
  
• Attractive Industry Dynamics – Barriers to entry include limited availability of government data licences and the fact that some data sets are no longer publicly available. Most, if not all, real estate agents require access to property information services in some form.
  
• Operational and Organisational Ability – RP Data has an experienced management team and Board of Directors.
  
• Strategic Alliance with First American Real Estate Services L.P – FARES L.P, a leading North American provider of property data, information services and analytics, has recently acquired 38.1% of RP Data. In order to accelerate its growth, RP Data plans to leverage the experience of FARES L.P, which in North America has successfully developed and marketed new Property Information Services and expanded its presence into non-real estate industry segments.