SEEK LIMITED — Share Issue/Capital Change 2007

Jan 24, 2007

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

Name of entity

SEEK Limited

ABN

46 080 075 314

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

$\pm$ Class of $\pm$ securities issued or to be
issued	Performance Rights & Options
	$\int$ (Not quoted)

Number of securities issued or to be
issued (if known) or maximum
number which may be issued

13,681

3	Principal terms of the securities (eg, if options, exercise price and expiry date; if partly paid securities, the amount outstanding and due dates if *convertible for payment; securities, the conversion price and dates for conversion)	Performance Rights & Options issued have a vesting date of 30 June 2008 and an expiry date of 1 July 2009. Vesting is based on the Company achieving specified Total Shareholder Return targets and individuals achieving specified performance ratings. Allocation of the number of Performance Rights & Options to individual employees was based on individual salary and a share market price of \$4.69 each. A summary of the terms and conditions of the Company's Performance Rights & Options Plan was disclosed in the Prospectus dated 1 April 2005.
4	Do the $\pm$ securities rank equally in all respects from the date of allotment with an existing "class of quoted "securities? If the additional securities do not rank equally, please state: the date from which they do ۰ the to which they extent ۰ participate for the next dividend, of (in the case a trust, distribution) or interest payment the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment	Not applicable On exercise of the Performance Rights $\&$ Options, the Ordinary Shares to be issued will rank equally with existing Ordinary Shares and the Company will seek quotation of those Ordinary Shares
5	Issue price or consideration	Not applicable
6	Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)	Issue of Performance Rights & Options to senior management under the Seek Limited Performance Rights and Option Plan

⁺ See chapter 19 for defined terms.

Dates of entering + securities into uncertificated holdings despatch of certificates	or Between the period 2 July 2006 and 31 December 2006.
------------------------------------------------------------------------------------------------------------	------------------------------------------------------------

$\overline{8}$ Number and ⁺class of all ⁺securities quoted on ASX (including the securities in clause 2 if applicable)

	Number	*Class
÷.	283,803,018	Ordinary

$\overline{9}$ Number and ⁺class of all ⁺securities not quoted on ASX (including the securities in clause 2 if applicable)

Number	*Class
7,045,524	- Options
196,839	- Performance Rights
7.242,363
	Total unquoted
	securities

Dividend policy (in the case of a $10$ trust, distribution policy) on the increased capital (interests)

Not applicable

Part 2 - Bonus issue or pro rata issue

$\mathbf{1}$	holder approval security ls. required?	Not applicable
$12^{\circ}$	Is the issue renounceable or non- renounceable?	Not applicable
13	Ratio in which the "securities will be offered	Not applicable
14	Class of securities to which the offer relates	Not applicable
15	determine *Record date to entitlements	Not applicable
16	Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?	Not applicable

17	Policy for deciding entitlements in relation to fractions	Not applicable
18	Names of countries in which the entity has * security holders who will not be sent new issue documents Note: Security holders must be told how their entitlements are to be dealt with.	Not applicable
	Cross reference: rule 7.7.
19.	of Closing for receipt date acceptances or renunciations	Not applicable
20.	Names of any underwriters	Not applicable
21.	Amount of any underwriting fee or commission	Not applicable
22.	Names of any brokers to the issue	Not applicable
23.	Fee or commission payable to the broker to the issue	Not applicable
24	Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of "security holders	Not applicable
25.	If the issue is contingent on "security holders' approval, the date of the meeting	Not applicable
26	Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled	Not applicable
27	If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders	Not applicable
28	Date rights trading will begin (if applicable)	Not applicable
29	Date rights trading will end (if applicable)	Not applicable

⁺ See chapter 19 for defined terms.

-30	How do "security holders sell their
	entitlements in $full$ through a
	broker?

• 31 How do ⁺security holders sell part of their entitlements through a broker and accept for the balance?
• 32 How do *security holders dispose of their entitlements (except by sale through a broker)?

33 *Despatch date Not applicable

Not applicable

Not applicable

Not applicable

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

34 Type of securities (tick one) $(a)$ Securities described in Part 1

$(b)$

35

37

Example: restricted securities at the end of the eserowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

All other securities

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• If the *securities are *equity securities, the names of the 20 largest holders of the additional "securities, and the number and percentage of additional "securities held by those holders
• If the "securities are "equity securities, a distribution schedule of the additional 36 "securities setting out the number of holders in the categories $1 - 1.000$ $1,001 - 5,000$ $5,001 - 10,000$ $10,001 - 100,000$ 100,001 and over
• A copy of any trust deed for the additional "securities

Entities that have ticked box 34(b)

• 38 Number of securities for which ^*quotation is sought
• 39 Class of *securities for which quotation is sought
• 40 Do the ⁺securities rank equally in all respects from the date of allotment with an existing "class of quoted *securities?

If the additional securities do not rank equally, please state:

• the date from which they do
• the extent to which they $\bullet$ participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
• 41 Reason for request for quotation now

Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

42 Number and ⁺class of all ⁺securities quoted on ASX (including the securities in clause 38)

+ Class

Ouotation agreement

• $\overline{\phantom{a}}$ ⁺Ouotation of our additional ⁺securities is in ASX's absolute discretion. ASX may quote the "securities on any conditions it decides.
• $\overline{2}$ We warrant the following to ASX.
• The issue of the *securities to be quoted complies with the law and is not for $\bullet$ an illegal purpose.
• There is no reason why those "securities should not be granted "quotation.
• An offer of the "securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warrantics from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any *securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the *securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the +securities to be quoted, it has been provided at the time that we request that the *securities be quoted.
• If we are a trust, we warrant that no person has the right to return the *securities to be quoted under section 1019B of the Corporations Act at the time that we request that the "securities be quoted.

$\div$ See chapter 19 for defined terms.

• $\overline{3}$ We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
• We give ASX the information and documents required by this form. $\overline{4}$ If any information or document not available now, will give it to ASX before "quotation of the *securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

Print name: Ian Mc Auliffe Company Secretary

25 January 2007

⁺ See chapter 19 for defined terms.