RENT.COM.AU LIMITED — Capital/Financing Update 2005

Jul 10, 2005

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

+ See chapter 19 for defined terms.

4	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 dowhichtheextentto.theyparticipate for the next dividend,(inthecaseofatrust.distribution) or interest paymentthe extent to which they do notrank equally, other than inrelation to the next dividend,distribution or interest payment
5.	Issue price or consideration
6	Purpose of the issue(If issued as consideration for theacquisition of assets, clearly identifythose assets)
7	Dates of entering "securities intouncertificated holdings or despatchof certificates
8	Number*classofandall*securitiesquotedASXon(including the securities in clause2 if applicable)	Number	*Class

-9	Number and + class of		-all
	"securities not quoted on ASX
	(including the securities in clause)
	2 if applicable)

Number	* Class

Dividend policy (in the case of atrust, distribution policy) on theincreased capital (interests) $10,$

$\overline{\text{+}$ See chapter 19 for defined terms.

Part 2 - Bonus issue or pro rata issue

$\mathbf{I}$	holdersecurityapprovalIsrequired?
12	Is the issue renounceable or non-renounceable?
13	Ratio in which the "securities willhe offered
14	+ Class of + securities to which theoffer relates
15	*Recorddeterminedatetoentitlements
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 whowillnothe.sentissuenewdocuments
	Note: Security holders must be told how theirentificments are to be dealt with.
	Cross reference: rule 7.7.
19.	Closingdateforreceiptofacceptances or renunciations

$+$ See chapter 19 for defined terms.

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 handling feepayable to brokers who lodgeacceptances or renunciations onbehalf of *security holders
25.	If the issue iscontingenton"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 theirentitlements in full through abroker?
31	How do *security holders sell partof their entitlements through abroker and accept for the balance?

$\overline{\text{+}$ See chapter 19 for defined terms.

• 32 How do *security holders dispose of their entitlements (except by sale through a broker)?
• 33 +Despatch date

Part 3 - Ouotation 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 If the "securities are "equity securities, a distribution schedule of the additional 36 *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
  • A copy of any trust deed for the additional "securities

37

+ See chapter 19 for defined terms.

Entities that have ticked box 34(b)

38	Number of securities for which*quotation is sought	5,000,000a)8,750,000b).
39	Class of *securities for whichquotation is sought	SLTAIa)SLTAMb).
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 do٠whichtheextentto.they٠	Yes(SLT)a) –b) Yes (SLTOA)
	participate for the next dividend,case of athe(in-trust.distribution) or interest paymentthe extent to which they do not٠rank equally, other than inrelation to the next dividend,distribution or interest payment
41	Reason for request for quotationnowExample: In the case of restricted securities, endof restriction period(if issued upon conversion ofanother security, clearly identify thatother security)	End of restriction perioda) –b) End of restriction period
		*ClassNumber

$\overline{\text{+}$ See chapter 19 for defined terms.

42	Number and "class of all "securities"quoted on ASX (including thesecurities in clause 38)	43,311,305	Ordinary Shares (SLT)Including4,000,000voluntarilysharesescrowed to 29 April2007, and;3,500,000sharesvoluntarilyescroweduntil 1 January 2006 asannouncementperdated 18 April 2005
		7,637,987	Options exercisable at $0.80on or before 1 February 2008(SLTO)
		18,405,837	Options exercisable at $0.20on or before 31 May 2008(SLTOA)

$+$ See chapter 19 for defined terms.

Quotation agreement

• $\mathbf{I}$ *Ouotation 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 $\bullet$ 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.

$\overline{\text{+ See chapter 19}}$ for defined terms.

• $\overline{3}$ 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.

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

Date: 11 July 2005

Print name:

Sign here:

Phillip Hains

Company Secretary

The CFO Solution www.thecfo.com.au 11 July 2005

+ See chapter 19 for defined terms.