SEEK LIMITED — Capital/Financing Update 2005

Nov 9, 2005

Offer Information Statement to facilitate the exercise of Options under various SEEK Staff Option Plans

SEEK Limited has lodged an Offer Information Statement ("OIS") with ASIC, dated $9th$ November 2005.

The purpose of this OIS is to assist SEEK Limited employees participating in the various SEEK Staff Option Plans, to exercise vested Options, and purchase SEEK Ordinary Shares.

This OIS and Offer relates only to these specific employees.

The maximum number of Options capable of being exercised is 1,665,839 and the maximum value of the offer is $619,056.

The Exposure Period commences $10th$ November 2005 (extendable by up to seven days by ASIC)

The Offer Period commences $17th$ November 2005 and closes $15th$ December 2005 (subject to ASIC approval).

The OIS can be viewed on the SEEK Limited website www.seek.com.au under the Investor Relations Tab.

Ian Mc Auliffe Company Secretary