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SEEK LIMITED AGM Information 2007

Nov 7, 2007

65765_rns_2007-11-07_a3f2a08c-c11b-4bf7-b82e-4e14e2a33a27.pdf

AGM Information

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8 November 2007

Agenda

Ordinary Business

  • 1.Joint Chief Executive Officer update
  • 2.Financial Report and Statements
    1. Remuneration Report
  • 4.Re-election of Director

Special Business

    1. Increase in Non-Executive Directors' remuneration
    1. Amendment to Constitution

Joint CEO Update

Paul & Andrew Bassat

Overview…

Strong results in FY07

Ongoing migration from print to online will continue to drive growth

Significant growth opportunities

Focus on execution

Strong financial results continue in FY07…

$M Grhtow
SEEKLTD FY06 FY07 $ %
Revenue 106.2 157.0 50.8 48% ©
Emloyntpme 95.2 140.2 45.0 47% ©
Leingarn 11.0 16.8 5.8 53% ©
EBITDA 49.0 80.3 31.3 64% ©
Asciatesso 0.0 2.0 2.0 - ©
NPAT 34.1 55.5 21.4 63% ©
FY06 FY07 Grthow%
EPS 12.1 19.6 62% ©
H1- InterimDividden 3.7 6.0 62% ©
inaiviH2- Fl Ddend 4.8 7.7 60% ©
iviFull Yr Ddendea 8.5 13.7 61% ©

Note: Revenue excludes interest income

…underpinned by strength across all growth drivers…

…delivering clear leadership in the Australian market…

SEEK exclusive audience remains very strong, with a 3.0x multiple over MyCareer and a 5.6x multiple over Career One SEEK ad volume lead remains > 115k ads, a 2.9x multiple over 2nd placed Career One 78% of time spent between the 3 major employment sites was on SEEK

%ofTo3p Ads UBs Eyall Miebns Market Reh Uac
SEEK 60% 55% 78% 65%
MyCareer 19% 27% 15% 32%
CarOnreee 21% 18% 8% 22%
Marke
t Reh UBsac
ADs UBs
YeOnYearar @t 200Oc7 th YoGrowY ABS Grth YoowY % @t 200Oc7 th YoGrowY ABS Grth YoowY %
SEEK 176,043 51750, 42% 4482,447, 913345, 16%
MyCareer 15557, 14426, 34% 8431,211, 117172, 17%
CarOnreee 60161, (1,059) (2%) 809138, 97170, 14%

**Sources:**Nielsen/ NetRatings October 2007 (excludes Government website); Job Ad Count, October 2007

9

9

9

… and also in New Zealand …

%ofTo3p Ads UBs Eyall Minebs Market Reh UBacs
SEEK %55 50% 65% 61%
Trademe 23% 36% 27% 45%
Seh4jobsarc 22% 14% 8% 17%
ADs UBs
YoY Gthrow @t 200Oc7 th YoGrowY ABS Grth YoowY % @t 200Oc7 th YoGrowY ABS Grth YoowY %
SEEK 20824, 6634, 29% 372,575 14474, 25%
Trademe 5428, 0774, 91% 1272,61 64979, 41%
Seh4jobsarc 8,276 ()765 ()8% 103051, ()22849, ()18%

**Sources:**Nielsen/ NetRatings Oct 2007 (excludes Government website); Job Ad Count, Oct 2007

Outlook…

Growth

Focus on key growth drivers remains consistent…

Ad volumes continue to migrate from print to online…

…as Job Seekers increasingly prefer online as the #1 way to search for a job…

Q: If you were looking for a job and could use only one way to find a job, in what way would you choose to look for a job?

Source: Newspoll Telephone Omnibus 10th – 12th Aug 2007; Sample size 700 adults aged 18+ in Sydney, Melbourne, Brisbane, Adelaide and Perth

…and online revenue growing rapidly with significant headroom still remaining

Revenue penetration US vs. AU

SEEK Learning continues to deliver…

* Revenue growth Pre-Change in accounting policy

15

…and further expansion through investment in Amadeus Education…

…IDP has delivered an outstanding result…

…and International expansion on track for future growth… Zhaopin in line with expectations…

SEEK continues to pursue other international expansion opportunities

In Summary…

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Olktoou Emloykedintttttpmenmarexpeceoremasrong
Sttraegy Cfoindisdicdtttttonueconsencusesraegagena
MktareDiynamcs MigiofroinlinetttranmproonMkeledinidddluiqb&kehttaraersunaeawareness,avomes,unuerowsersmarreac
Liearnng SEEKLeingimingkedivearnprorrsvyIDPdliveddinghtttereousangrowReisiioinAmdiivetttcenacqunaeus verypos
Iilttnernaona Cink oheiniol oiiettttttutoneoseerernanappornsuZhainincingkehadinvingheilyinbdttopreasmarsreanesavran

Agenda

Ordinary Business

    1. Financial Report and Statements 5
    1. Remuneration Report 5
    1. Re-election of Director5

Special Business

  1. Increase in Non-Executive Directors' remuneration

  1. Amendment to Constitution