Zillow Announces 2.5M Share Offering of Class A Common Stock

Zillow, Inc.

, the leading real estate and home-related information marketplace, announced today that it will commence an underwritten public offering, subject to market and other conditions, of 2,500,000 shares of Zillow's Class A common stock pursuant to an effective shelf registration statement. An additional 2,523,486 shares of Zillow's Class A common stock will be sold in the offering by certain existing shareholders identified in the preliminary prospectus supplement relating to the offering. Zillow intends to grant to the underwriters a 30-day option to purchase up to an additional 753,522 shares. Zillow intends to use the net proceeds of the offering for general corporate purposes, which may include working capital, sales and marketing activities, general and administrative matters and capital expenditures. Zillow may also use a portion of the net proceeds for the acquisition of, or investment in, technologies, solutions or businesses that complement its business. Zillow will not receive any of the proceeds from the sale of shares by the selling shareholders.