SEEK LIMITED — Director's Dealing 2005

Apr 25, 2005

Rule 3.19A.1

Appendix 3X

Initial Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity	SEEK LIMITED
ABN	46 080 075 314

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	PAUL BASSAT
Date of appointment	6 November 1997

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part

Number & class of securities

14,672,976 Ordinary Shares

2,250,000 Options (issued pursuant to the Options Agreement referred to in Part 3)

⁺ See chapter 19 for defined terms.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest	Number & class of Securities
Note: Provide details of the circumstances giving rise to the refevant interest.
Holder: Netherlane Pty Ltd (ACN)	14,672,976 Ordinary Shares
080 075 332) as trustee for the Paul Bassat Family Trust
of Interest: Nature Director. Beneficiary and Controller of the Paul Bassat Family Trust

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	Options Agreement
Nature of interest	Options vest over a 4 year period having regard to performance hurdles.
Name of registered holder (if issued securities)
No. and class of securities to which interest relates	Up to $2,250,000$ Options

⁺ See chapter 19 for defined terms.