PARSIPPANY, NJ--(Marketwire - Oct 12, 2012) - Realogy Group LLC (f/k/a Realogy Corporation) (the "Company"), a subsidiary of Realogy Holdings Corp. (NYSE: [ RLGY ]), announced today that it will redeem all of the Company's (i) 11.00% Series A Convertible Senior Subordinated Notes due 2018 (the "Series A Convertible Notes"), (ii) 11.00% Series B Convertible Senior Subordinated Notes due 2018 (the "Series B Convertible Notes") and (iii) 11.00% Series C Convertible Senior Subordinated Notes due 2018 (the "Series C Convertible Notes" and, together with the Series A Convertible Notes and Series B Convertible Notes, the "Convertible Notes") outstanding that have not been submitted for conversion prior to the redemption date. Earlier today, holders of approximately $1.9 billion aggregate principal amount of Convertible Notes converted their Convertible Notes into shares of common stock of Realogy Holdings Corp.

The redemption shall occur on November 16, 2012, at a redemption price, payable in cash, equal to 90% of the principal amount of the Convertible Notes to be redeemed, together with accrued and unpaid interest, if any, to, but excluding, the redemption date.

The Convertible Notes are convertible at any time into shares of common stock of Realogy Holdings Corp. prior to the redemption date. The Convertible Notes surrendered for conversion will be settled in accordance with the provisions of the Indenture governing the Convertible Notes.

The Bank of New York Mellon Trust Company, N.A., the trustee for the Convertible Notes, mailed a Notice of Redemption to all registered holders of the Convertible Notes today.

About Realogy

Realogy Group LLC is a subsidiary of Realogy Holdings Corp. (NYSE: [ RLGY ]), a global provider of real estate services with a diversified business model that includes real estate franchising, brokerage, relocation and title services. Realogy's brands and business units include Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty®, NRT LLC, Cartus and Title Resource Group. Collectively, Realogy's franchise system members operate approximately 13,800 offices with 241,000 sales associates doing business in 103 countries around the world. Realogy is headquartered in Parsippany, N.J.

Forward Looking Statements

The information in this release contains forward-looking information that involves substantial risks and uncertainties regarding the proposed redemption. Realogy Group LLC. assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments.