RE/MAX Holdings, Inc. Announces Pricing Of Initial Public Offering
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RE/MAX Holdings, Inc. Announces Pricing Of Initial Public Offering

DENVER - Oct. 1, 2013 // PRNewswire // - RE/MAX Holdings, Inc. (the "Company" or "RE/MAX"), one of the world's leading franchisors of real estate brokerage services, today announced the pricing of its initial public offering of 10,000,000 shares of Class A common stock at a public offering price of $22.00 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock to cover overallotments, if any. Shares of the Company's Class A common stock are expected to begin trading on October 2, 2013 on the New York Stock Exchange under the symbol "RMAX."

The net proceeds of the offering are estimated to be approximately $194.2 million after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering to reacquire regional RE/MAX franchise rights in select markets, redeem preferred membership interests and to repurchase ownership stakes from existing shareholders.

Morgan Stanley, BofA Merrill Lynch and J.P. Morgan are acting as joint book-running managers for the offering. William Blair, RBC Capital Markets and JMP Securities are acting as co-managers for the offering. Perella Weinberg Partners is acting as advisor to RE/MAX. The offering of these securities is being made only by means of a prospectus, copies of which can be obtained from:

Morgan Stanley
Attention: Prospectus Department.
180 Varick Street, 2nd Floor
New York, NY 10014
866-718-1649
prospectus@morganstanley.com

B of A Merrill Lynch
Attention: Prospectus Department.
222 Broadway
New York, NY 10038
dg.prospectus_requests@baml.com

J.P. Morgan
Attention: Broadridge Financial Solutions
1155 Long Island Avenue Edgewood, NY 11717
866-803-9204

About RE/MAX

A registration statement relating to these securities has been filed with and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

RE/MAX is one of the world's leading franchisors of real estate brokerage services, with over 90,000 agents operating in more than 90 countries.

Contacts:

Investor Relations
(303) 224-5458
investorrelations@remax.com

Media

Phil Denning
Phil.denning@icrinc.com
203-682-8246

Jason Chudoba
Jason.chudoba@icrinc.com
646-277-1249

SOURCE RE/MAX LLC

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