updated 4/8/2011 4:17:50 PM ET 2011-04-08T20:17:50

WASHINGTON, April 8, 2011 (GLOBE NEWSWIRE) -- CoStar Group, Inc. (Nasdaq:CSGP), commercial real estate 's leading provider of information, analytic and marketing services, will announce financial results for the first quarter of 2011 following the market close on Wednesday, April 27, 2011. Management will conduct a conference call to discuss the first quarter results and the company's outlook for the second quarter at 11:00 AM EDT on Thursday, April 28, 2011.

To participate in the conference call, please dial (800) 230-1096 (from the United States and Canada) or (612) 332-0226 (from all other countries) and refer to conference code 198898. To listen to the conference call over the Internet, please access the audio webcast link available in the Investors section of CoStar's web site at www.CoStar.com/investors.aspx .

An audio recording of the conference call will be available for replay approximately one hour after the call's completion and remain available for a period of time following the call. To access the recorded conference call, please dial (800) 475-6701 (from the U.S. and Canada) or (320) 365-3844 (from all other countries) using access code 198898. The webcast replay will also be available in the Investors section of CoStar's web site for a period of time following the call.

About CoStar Group, Inc.

CoStar Group (Nasdaq:CSGP) is commercial real estate 's leading provider of information, analytic and marketing services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe with a staff of approximately 1,500 worldwide, including the industry's largest professional research organization. For more information, visit www.costar.com .

This news release includes "forward-looking statements" including, without limitation, statements regarding CoStar's expectations, beliefs, intentions or strategies regarding the future. These statements are subject to many risks and uncertainties that could cause actual results to differ materially from these statements. More information about potential factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to, those stated in CoStar's filings from time to time with the Securities and Exchange Commission, including CoStar's Form 10-K for the year ended December 31, 2010, under the heading "Risk Factors." All forward-looking statements are based on information available to CoStar on the date hereof, and CoStar assumes no obligation to update such statements.

CONTACT: ANALYSTS / INVESTORS:
         Brian J. Radecki
         Chief Financial Officer
         (202) 336-6920
         bradecki@costar.com

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