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RE/MAX GLOBAL NETWORK KEEPS GROWING

Third Quarter Franchise Sales Show Significant Gains Around the World

RE/MAX International Inc., one of the leading real estate brands in the world, announced today that it has added more than 500 new franchises to its global network in the first three quarters of 2008.  RE/MAX is represented in 69 countries with over 105,000 Sales Associates and is also aggressively working on expansions in new countries such as Brazil, India, Uruguay, and Egypt.

Notwithstanding the current economic conditions, RE/MAX continues to sell franchises and expand in the U.S. and Canada with over 200 new franchises sold to date.  Many of the sales were made to existing offices converting to the RE/MAX Network.

“New franchisees are joining RE/MAX because of our worldwide brand recognition, cost effective training, outstanding web presence and excellent lead generation for agents, free of charge,”  Said Peter Gilmour, Senior Vice President, Franchise Sales & Brokerage Operations at RE/MAX International.  “What sets us apart from our competition is our unique value proposition designed to help Sales Associates and Broker/Owners succeed in the current market."

In the most recent Entrepreneur Franchise 500 survey, RE/MAX is among the Top 10 franchise organizations in four different categories, and has been the highest ranked real estate franchisor for eight of the last ten years.

RE/MAX International expects continued franchise sales success through the end of 2008.  For information on joining the RE/MAX organization visit www.remax.co.za or www.joinremax.co.za.

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