DAILY MAIL & GENERAL TRUST PLC - Disposal of Jobsite

PR Newswire

                                                                    22 May 2014

                   Daily Mail and General Trust plc (`DMGT')

                              Disposal of Jobsite

dmg media has agreed the disposal of its job board business, Jobsite, to
StepStone, an Axel Springer business. The parties will be seeking approval of
the transaction by the Competition and Markets Authority prior to completion
and it is expected to complete in the final quarter of calendar 2014.

Kevin Beatty, CEO of dmg media, said: "Jobsite has grown successfully since dmg
media acquired the business in 2004. Following the disposal of OilCareers,
Broadbean and Jobrapido in March and April 2014, this transaction will complete
dmg media's disposal of Evenbase and exit from the digital recruitment market,
enabling dmg media to increase its focus on the core Mail businesses."

During the year to 30 September 2013 the total revenues from Evenbase were £78
million and total operating profits were £11 million. Total proceeds from the
disposal of Evenbase, including OilCareers, Broadbean and Jobrapido, are
expected to be £150 million.

Lepe Partners acted as advisors to dmg media during the disposal process.


For further information

For analyst and institutional enquiries:
Stephen Daintith, Finance Director                            +44 20 3615 2902

Adam Webster, Head of Management Information
and Investor Relations                                        +44 20 3615 2903

For media enquiries:
Kim Fletcher / Charlie Potter, Brunswick Group                +44 20 7404 5959


About DMGT

DMGT is an international business built on entrepreneurship and innovation. We
bring together leading companies and talented people to provide businesses and
consumers with high-quality analysis & insight, information, news and
entertainment.

Group revenues are split across our five operating businesses.

The B2B businesses are:

• Risk Management Solutions

• dmg information

• dmg events

• Euromoney Institutional Investor

The Consumer business, known as dmg media, comprises:

• The Daily Mail and The Mail On Sunday

• MailOnline

• Metro

• Wowcher

• Zoopla Property Group* (Zoopla & Prime Location)

DMGT's ambition is to provide the highest quality content and services, across
the most attractive growth markets in innovative, responsible and sustainable
ways, building on its track record of earnings and dividend growth.

*c53% share

Daily Mail and General Trust plc
Northcliffe House, 2 Derry Street,
London, W8 5TT

www.dmgt.com

Registered in England and Wales No. 184594