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Trulia Announces Pricing Of Initial Public Offering

Trulia, Inc. (NYSE: TRLA), a leading online marketplace for homebuyers, sellers, renters and real estate professionals, today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a price to the public of $17.00 per share. Trulia is offering 5,000,000 shares of common stock and certain selling stockholders are offering 1,000,000 shares of common stock. In addition, Trulia has granted the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock offered by Trulia at the initial public offering price to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on September 20, 2012 under the symbol “TRLA.”

J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers for the offering. RBC Capital Markets, LLC, Needham & Company, LLC and William Blair & Company, L.L.C. are acting as co-managers.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. The offering is being made only by means of a prospectus. A copy of the final prospectus relating to the offering may be obtained from: J.P. Morgan Securities LLC, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Phone: (866) 803-9204; or Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, Phone: (800) 503-4611, e-mail: prospectus.cpdg@db.com.

This press release shall not constitute an offer to sell or the solicitation of an 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.



Copyright Business Wire 2010

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