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RENT.COM.AU LIMITED Capital/Financing Update 2007

Jan 8, 2007

65722_rns_2007-01-08_22148a1b-c8e0-451a-a10b-27a94fba1613.pdf

Capital/Financing Update

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Tuesday, 9th January 2007

SLTO Option Expiration Notice

The Company wishes to announce that 7,637,987 options (SLTO) will expire on 1 February 2007 with an exercise price of 80 cents. Holders of the options must exercise the options prior to the expiry date otherwise the options will expire.

Details of the options are as follows:

* Number of securities held: 7,637,987
* Exercise price: 80 cents
* Due date for payment: 1 st February 2007
-8 Consequences of not exercising: Options will lapse
* Latest available option market price: \$0.001
* Date quotation will end: 25 th January 2007
* Latest available market price: \$0.025
* Highest and lowest market price of
underlying securities during the last
3 months:
High $$0.057 (19th October 2006)$
Low $$0.021 (29th December 2006)$

If all the options described above were converted, the total issued capital of the Company would $\ast$ be 228,470,367 shares on issue (given the difference between the exercise price - 80 cents and the current share price $-2.5$ cents the company notes that the options (SLTO) are currently out of the money and not expected to be exercised).

SLTO option-holders seeking further information may contact the company's offices at: (03) 9824 5254.

For and On behalf of the Board,

Phillip Hains Company Secretary Select Vaccines Limited