SEEK LIMITED — Capital/Financing Update 2009

May 11, 2009

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For immediate release

ASX Announcement

12 May 2009

SEEK completes the acquisition of remaining 50% interest in THINK Education Group

Further to our announcement dated 23 April 2009, SEEK Limited (ASX: SEK) announces that it has completed the purchase of the remaining 50% interest it did not previously own in THINK Education Group, for $42.5MM. Settlement of the transaction was applied from the proceeds of the Capital Raising, announced 24 April 2009.

It also remains SEEK's intention, as noted in the announcement dated 23 April 2009, to repay the THINK debt of approximately $14.5MM in due course.

About THINK Education Group

THINK has the broadest group of private colleges in Australia spanning across Hospitality & Tourism, Creative, Media & Communications, Business and Healthcare & Wellness. THINK has campuses in Sydney, Brisbane, Gold Coast and Melbourne and flexible & online learning capabilities.

SEEK Limited (ABN 46 080 075 314) Level 6, 541 St Kilda Road Melbourne Vic 3004