SEEK LIMITED — Capital/Financing Update 2015

Nov 11, 2015

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ASX Announcement 12 November 2015

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SEEK to sell 100% of its holding in IDP Education Limited

Further to our announcement on 16 October 2015, the marketing phase of the IDP Education Limited (“IDP Education”) IPO is now complete, and the Institutional Offer, Broker Firm Offer and the Priority Offer have been fully committed. As a result of strong demand SEEK has decided to sell 100% of its ownership for a consideration of cA$330m (pre-tax and associated costs).

The IDP Education disclosure document for the IPO is expected to be lodged with ASIC later today and will following lodgement be made available in electronic form at the Offer website www.idpshareoffer.com.au. In addition a paper copy of the disclosure document may be available to people through their broker if they are an eligible investor under the Broker Firm Offer. Those wishing to acquire shares in IDP Education should read the disclosure document (when available) and complete the accompanying application form at the appropriate time.

For further information please contact

Media enquires Investor/Analyst enquiries Dan Ellis Steven Moran Phone: +61 400 587 232 +61 3 8517 4484 Email: dellis@seek.com.au

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 forwardlooking 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.