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SEEK LIMITED Director's Dealing 2007

Sep 9, 2007

65765_rns_2007-09-09_482146c2-54db-46f2-bb0c-379e2f44104d.pdf

Director's Dealing

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Andrew Bassat
Date of last notice 28 March 2007

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest Direct – Andrew Bassat
and indirect
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Holder: Kiteford Pty Ltd (A.C.N. 110 562
126) as trustee for the Andrew Bassat Family
Trust.
Nature of interest: Director, Beneficiary and
Controller of the Andrew Bassat Family
Trust.
Date of change 6 September 2007
No. of securities held prior to change Andrew Bassat - nil
Kiteford PtyLtd - 12,672,976
Class Ordinary shares
Number acquired Andrew Bassat - 675,000
Number disposed Not Applicable
Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
$1,417,500
  • See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Andrew Bassat - 675,000
Kiteford Pty Ltd - 12,672,976
Total 13,347,976
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
Exercise of vested options under
The Executive Directors Employment and
Options Agreement dated 22 March 2005.

Part 2 – Change of 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 four year period having regard to
performance hurdles
Name of registered holder
(if issued securities)
Not Applicable
Date of change 6 September 2007
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Options - 2,250,000
Interest acquired Not Applicable
Interest disposed 675,000 vested options converted to ordinary shares
Value/Consideration
Note: If consideration is non-cash, provide details and
an estimated valuation
Interest after change Options - 1,575,000
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002