SEEK LIMITED — Capital/Financing Update 2014

Jun 24, 2014

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ASX Announcement

25 June 2014

Update on JobStreet Transaction

We refer to the prior announcement on the 13[th] May and advise that the Competition Commission of Singapore (“CCS”) is still in the process of undertaking its Phase 2 review of the competitive impact of the JobStreet transaction in Singapore.

Both SEEK and JobStreet are working in co-operation with the CCS and we will announce the outcome of the Phase 2 review upon the CCS’s decision.

The agreement with JobStreet required satisfaction of the CCS condition precedent by 1 July 2014, and all parties are now in agreement that this will not occur.

Accordingly SEEK and JobStreet are in discussions to agree an extension of the date for satisfaction of the CCS condition, and an adjustment to the consideration given the improved trading performance of JobStreet since the 19[th] February announcement. We expect the revised consideration to reflect the deferred settlement period applying a similar EV/EBITDA multiple to that adopted in the original valuation of MYR 1,730m (cA$580m).

Any additional consideration will likely be funded from a combination of increased debt and cash in SEEK Asia.

Subject to agreement on adjusted terms with JobStreet and fulfilment of all conditions precedent, the transaction is still expected to be completed in the third quarter of CY 2014.

Further updates on the JobStreet transaction will be announced in due course.

For further information please contact:

Investors & Analysts John Armstrong SEEK Limited (03) 8517 4484

This announcement contains certain “forward-looking statements”. Forward looking words such as, “expect”, “should”, “could”, “may”, “predict”, “plan”, “will”, “believe”, “forecast”, “estimate”, “target” and other similar expressions are intended to identify forward-looking statements within the meaning of securities laws of applicable jurisdictions. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Forward-looking statements, opinions and estimates provided in this announcement are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Such forward-looking statements, opinions and estimates are not guarantees of future performance.

Forward-looking statements including projections, guidance on future earnings and estimates are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. This announcement contains such statements that are subject to risk factors associated with the markets in which SEEK operates. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of variables which could cause actual results or trends to differ materially. Such forward-

looking statements only speak as to the date of this announcement and SEEK assumes no obligation to update such information.

No representation or warranty is or will be made by any legal or natural person in relation to the accuracy or completeness of all or part of this document, or the accuracy, likelihood of achievement or reasonableness of any forecasts, prospects or returns contained in, or implied by, the information or any part of it. To the full extent permitted by law, SEEK disclaims any obligation or undertaking to release any updates or revisions to the information contained in this document to reflect any change in expectations or assumptions.

Nothing contained in this document constitutes investment, legal, tax or other advice. You should make your own assessment and take independent professional advice in relation to the information and any action taken on the basis of the information.