RENT.COM.AU LIMITED — Capital/Financing Update 2003

Jul 17, 2003

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

Select Vaccines Limited

ABN

25 062 063 692

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\mathbbm{I}$ +Class of +securities issued or to be issued

Ordinary Shares

• Number of +securities issued or to $\overline{2}$ be issued (if known) or maximum number which may be issued
• 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid *securities, the amount outstanding and due dates for payment; if *convertible securities. the conversion price and dates for conversion)

Pari passu with existing ordinary Shares

4167

respects from the date of allotment Yes with an existing +class of quoted *securities? If the additional securities do not rank equally, please state: the date from which they do ш, the extent to which they L. participate for the next dividend, (in the case of a trust, distribution) or interest payment the extent to which they do not u. rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration $0.50 per share 6 Purpose of the issue (If issued as consideration for the Exercise of options acquisition of assets, clearly identify those assets) $\overline{7}$ Dates of entering "securities into uncertificated holdings or despatch 18th July 2003 of certificates Number *Class Number and *class of all Ordinary Shares 8 21,430,971 "securities quoted on ASX 7,637,987 Options (SLTO)

6,105,837

Do the *securities rank equally in all

$\overline{4}$

2 if applicable)

(including the securities in clause

Options (SLTOA)

		Number	+ Class
9	Number and + class of all"securities not quoted on ASX(including the securities in clause)	3,000,000	Ordinarysharesescrowed until 3 July
	2 if applicable)		2005 (SLTAI)
		6,750,000	Options exercisable at$$0.20$ on or before $31$May 2008 escroweduntil 3 July 2005(SLTAM)
		2,000,000
			Options exercisable at
			$$0.20$ on or before $30$
			June 2006 escrowed to
			200427 June
			(SLTAK)
10 °	Dividend policy (in the case of atrust, distribution policy) on theincreased capital (interests)	Unchanged

Part 2 - Bonus issue or pro rata issue

$\mathbf{1}$	holdersecurityapprovalIs.required?
12	Is the issue renounceable or non-renounceable?
13	Ratio in which the "securities willbe offered
14	Class of securities to which theoffer relates
15	determine*Recorddatetoentitlements
16	Will holdings on different registers(or subregisters) be aggregated forcalculating entitlements?
17	Policy for deciding entitlements inrelation to fractions

18	Names of countries in which theentity has *security holders whowill notbesentnewissuedocumentsNote: Security holders must be told how theirentificments are to be dealt with.Cross reference: rule 7.7.
19	Closingfor receiptоfdateacceptances or renunciations
20.	Names of any underwriters
21	Amount of any underwriting fee orcommission
22.	Names of any brokers to the issue
23.	Fee or commission payable to thebroker to the issue
24	Amount of any handlingfeepayable to brokers who lodgeacceptances or renunciations onbehalf of *security holders
25.	If the issue is contingenton"security holders"approval, thedate of the meeting
26.	Date entitlement and acceptanceform and prospectus or ProductDisclosure Statement will be sent topersons entitled
27	If the entity has issued options, andthe terms entitle option holders toparticipate on exercise, the date onwhich notices will be sent to optionholders
28	Date rights trading will begin (ifapplicable)
29.	Date rights trading will end (ifapplicable)
30	How do *security holders sell theirin full throughentitlements$\mathbf{a}$broker?

$+$ See chapter 19 for defined terms.

• 31 How do *security holders sell part of their entitlements through a broker and accept for the balance?
• 32 How do *security holders dispose of their entitlements (except by sale through a broker)?
• 33 *Despatch date

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of securities $(iick one)$ $(a)$ Securities described in Part 1 $(b)$ All other securities Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

35

If the "securities are "equity securities, the names of the 20 largest holders of the additional "securities, and the number and percentage of additional "securities held by those holders

36 If the *securities are *equity securities, a distribution schedule of the additional *securities setting out the number of holders in the categories $1 - 1,000$ $1,001 - 5,000$ $5,001 - 10,000$ 10,001 - 100,000 100,001 and over

37

A copy of any trust deed for the additional *securities

Entities that have ticked box 34(b)

38	Number of securities for which+ quotation is sought
39	Class of *securitiesforwhichquotation is sought
40	Do the "securities rank equally in allrespects from the date of allotmentwith an existing + class of quoted*securities?If the additional securities do notrank equally, please state:the date from which they dothe extent to which theyparticipateforthenextdividend, (in the case of atrust, distribution) or interestpaymentthe extent to which they do notrank equally, other than inrelation to the next dividend,distributioninterestΩľpayment
41	Reason for request for quotationnowExample: In the case of restricted securities, end ofrestriction periodconversion(ifissueduponofanother security, clearly identify thatother security)
		$+C$ loceNumber

Number and "class of all "securities $42,$ quoted on ASX (including the securities in clause 38)

Number	+ Class

$+$ See chapter 19 for defined terms.

Quotation agreement

• $\mathbf{f}$ *Quotation of our additional *securities is in ASX's absolute discretion. ASX may quote the *securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
  • The issue of the *securities to be quoted complies with the law and is not for an illegal purpose.
  • There is no reason why those "securities should not be granted "quotation.
  • An offer of the "securities for sale within 12 months after their issue will not require disclosure under section $707(3)$ or section $1012C(6)$ of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any *securities to be quoted and that no-one has any right to return any "securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• We warrant that if confirmation is required under section 1017F of the $\overline{a}$ Corporations Act in relation to the *securities to be quoted, it has been provided at the time that we request that the "securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the "securities be quoted.
• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• $\overline{4}$ We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before "quotation of the 'securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Sign here:

Date: 18/7/03

(Director/Company secretary)

Print name:

Philip Hains

$=$ $=$ $=$ $=$ $=$ $=$

+ See chapter 19 for defined terms.