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SEEK LIMITED Director's Dealing 2007

Mar 29, 2007

65765_rns_2007-03-29_91e60252-7517-41b8-8bd9-af476fc5a781.pdf

Director's Dealing

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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
I A BN 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 Paul Bassat
l Date of last notice 22 September 2006

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 No changes from the last notice dated 22
September 2006.
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change
No. of securities held prior to change
Class
Number acquired
Number disposed
Value/Consideration
Note: If consideration is non-cash, provide details and estimatedvaluation
No. of securities held after change

+ See chapter 19 for defined terms.

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 contractNature of interest Netherlane Pty Ltd (A.C.N. 080 075 332) as trusteefor the Paul Bassat Family Trust ("Netherlane") hasentered into a Zero Cost Collar Facility Agreementwith Macquarie Bank Limited in respect of 2,000, 000fully paid ordinary shares. This transaction has theeffect of acquiring put options against any movementsin the share price below a nominated level andforegoing the benefit of any share price movementsabove a nominated level over the period to 29 October2007.Direct interest.
Name of registered holder(if issued securities) Netherlane Pty Ltd (A.C.N. 080 075 332) as trustee forthe Paul Bassat Family Trust.
Date of change 28 March 2007
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed 2,000,000 fully paid ordinary shares in SEEK Limited.
Interest acquired See description in "Detail of contract" above.
Interest disposed See description in "Detail of contract" above.
Value/ConsiderationNote: If consideration is non-eash, provide details andan estimated valuation zero
Interest after change See description in "Detail of contract" above.

+ See chapter 19 for defined terms.