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SEEK LIMITED Director's Dealing 2010

Jul 8, 2010

65765_rns_2010-07-08_8d5c721d-4158-413d-9e41-46970bcca59b.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 Paul Bassat
Date of last notice 14 December 2009

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 and indirect interest
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Holder: Netherlane Pty Ltd (ACN 080 075
332) as trustee for the Paul Bassat Family
Trust.
Nature of interest: Director, Beneficiary and
Controller of the Paul Bassat Family Trust.
Date of change 6 July 2010
No. of securities held prior to change Ordinary shares
Direct: 1,462,500
Indirect: 11,250,113
Options
Direct: 1,422,297
Class Options (Not quoted)
Number acquired 502,000
Number disposed Not Applicable
  • See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Value/Consideration
Note: If consideration is non-cash, provide details and estimated
valuation
NIL consideration on issue.
Exercise price of $7.39 is based on the 28
day
volume
weighted
average
price
(“VWAP”) of SEEK’s shares prior to 1 July
2010.
No. of securities held after change Ordinary shares
Direct: 1,462,500
Indirect: 11,250,113
Options
Direct: 1,924,297
Nature of change
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
Options issued to Executive Director, Paul
Bassat, to participate in SEEK’s Long Term
Incentive Arrangements.
Approved by shareholders at the 2009 AGM
held 30 November 2009

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 Not applicable
Nature of interest Not applicable
Name of registered holder
(if issued securities)
Not applicable
Date of change Not applicable
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
Not applicable
Interest acquired Not applicable
Interest disposed Not applicable
Value/Consideration
Note: If consideration is non-cash, provide details and
an estimated valuation
Not applicable
Interest after change Not applicable
  • See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

  • See chapter 19 for defined terms.

Appendix 3Y Page 3

11/3/2002