SEEK LIMITED — Major Shareholding Notification 2014

May 20, 2014

21 May 2014

The Manager Market Announcements Office ASX Limited By fax 1300 135 638

Dear Sir/Madam

SEEK Limited (ABN 46 080 075 314)

Notice of initial substantial holder: Form 603

Please find attached a Form 603 (Notice of initial substantial holder) in relation to shares in SEEK Limited (ABN 46 080 075 314), lodged on behalf of Bennelong Funds Management Group Pty Ltd (ACN 144 676 344) in accordance with section 671B of the Corporations Act 2001.

Yours sincerely

Millbulby

Áeff Phillips Chief Financial Officer Encl

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To:	Seek Limited
ABN:	46 080 075 314
ASX Code:	SEK

1. Details of substantial holder

Name: Bennelong Funds Management Group Pty Ltd ACN: 144 676 344

This notice is given by Bennelong Funds Management Group Pty Limited on behalf of itself and its subsidiaries.

19th May 2014 The holder became a substantial shareholder on:

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities	Number ofsecurities :	Person's votes	Voting power
Ordinarv.	16.997.161	16,997,161	5.0422%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

	Holder of relevant interest Nature of relevantinterest	Class and number ofsecurities
Bennelong FundManagement Group Pty Ltd	1 Investment Manager	16,997,161

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant Interest	Registered holder ofsecurities	Persons entitledto be registered asholder	Class and number ofsecurities
Bennelong Funds Management GroupPty Ltd	BNP		9,125,897 Ordinary shares
Bennelong Funds Management GroupPty Ltd	NAB Asset Servicing		2,603,384 Ordinary shares
Bennelong Funds Management GroupPty Ltd	UBS.		55,000 Ordinary shares
Bennelong Funds Management GroupPty Ltd	HSBC		2,446,164 Ordinary shares

The custodians in the table above hold shares in SEK as custodian for companies in the Bennelong Funds Management Group that are either:

• the responsible entity or trustee of pooled investment products such as registered managed investment schemes (Funds); or
• the investment manager of Portfolios held for a number of institutional investors. The institutional investors are generally superannuation funds regulated under the Superannuation Industry Supervision Act 1993.

The holding of shares in SEK were acquired as part of the wide portfolio of Australian shares and units acquired for the Funds and the Portfolios.

The members of the Bennelong Funds Management Group and the Custodians may hold relevant interests due to the capacity of these entities to dispose of the shares SEK.

Each investor in a Fund owns an undivided interest in the Fund's assets and no client directly owns any asset of the Fund. The unitholding of each Fund varies from time to time as clients enter and withdraw from the Funds. The various institutional investors with portfolios delegate the management of the portfolios to the members of the Bennelong Funds Management Group.

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

		Consideration
Holder of relevant Interest	Date of Acquisition	Cash	Non-cash	Class and numberof securities
Bennelong FundsManagement Group Pty Ltd	Various	$238,596,389.70		16,997,161Ordinary shares

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	$\mathord{\textsf{I}}$ Nature of association
1 Not Applicable

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Bennelong Funds Management Group	Ground Floor, 9 Queen Street,
Ptv Ltd	Melbourne VIC 3000

Signature

Print name: $\frac{\sqrt{EPF} P_{HILL1PS}}{\sqrt{\frac{1}{2}P_{HILL1}P_{S}}}$ Capacity: $\frac{\sqrt{P_{H}} P_{HILL1}P_{S}}{P_{HILL1}P_{S}}$ Date: $\frac{\sqrt{1/5}}{20.14}$