Zillow Confirms Satisfaction of Pricing Conditions for Automatic Initial Partial Release of IPO Lock-Up Agreements; Release Deferred Until Nov. 20

Zillow, Inc. (Nasdaq: Z), confirmed today that the pricingconditions for automatic initial release of 25 percent of the securitiessubject to the lock-up agreements entered between its pre-IPO security holdersand Citigroup Global Markets Inc., as representative of the underwriters ofits IPO, have been satisfied. Because Zillow issued its earnings release forits third quarter of 2011 results on Nov. 2, 2011, the effective date of thispartial release will be deferred until Nov. 20, 2011. Thereafter, the sharesof common stock subject to the partial release will become available forresale subject to applicable restrictions under the federal securities laws,unless the effective date of the initial partial release is further deferredin accordance with the terms of the lock-up agreements. Zillow does not intendto issue another press release regarding the partial release.