SEEK reduces its ownership interest in Zhaopin

o SEEK expects to receive gross proceeds of cA$697m , which implies a Zhaopin valuation of cA$2.2bn (cUS$1.7bn) (100% equity valuation) • Consortium of investors (“The Consortium”) to acquire an ownership interest in Zhaopin o The Consortium is led by Primavera Capital Group (“Primavera”), a leading China-based global investment firm, which will become Zhaopin’s largest shareholder o The Consortiu