L1 GROUP LIMITED — Director's Dealing 2016

Jun 27, 2016

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 30/09/01 Amended 01/01/11

Name of entity Platinum Asset Management Limited (the Company ) ABN 13 050 064 287

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	Elizabeth Norman
Date of last notice	29 April 2015

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	ShaneLiz Pty Ltd ATF Elizabeth Ann Norman Family Trust Elizabeth Norman is a director of ShaneLiz Pty Ltd Norblew Pty Ltd Elizabeth Norman is a director of Norblew Pty Ltd
Date of change	23 June 2016
No. of securities held prior to change	Direct 259,551 fully paid ordinary shares Indirect 377,953 fully paid ordinary shares held by ShaneLiz Pty Ltd 129,244 fully paid ordinary shares held by Norblew PtyLtd
Class	Deferred Rights to receive the Company’s shares. These shares will have been purchased on-market by the Platinum Employee Share Trust prior to exercise by the employee.
Number acquired	48,623 Deferred Rights
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil Elizabeth Norman’s 2016 deferred bonus of $300,000 was translated into 48,623 Deferred Rights pursuant to the Platinum Asset Management Limited Deferred Bonus Plan. The number of rights was calculated by dividing the bonus amount by the Volume Weighted Average Price of the Company’s shares, for the seven (7) trading days prior togrant date.

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change Direct 259,551 fully paid ordinary shares 48,623 Deferred Rights Indirect 377,953 fully paid ordinary shares held by ShaneLiz Pty Ltd 129,244 fully paid ordinary shares held by Norblew Pty Ltd Nature of change Issue of Deferred Rights pursuant to the Platinum Asset Example: on-market trade, off-market trade, exercise of options, Management Limited Deferred Bonus Plan. issue of securities under dividend reinvestment plan, participation in buy-back

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.

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Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
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Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

Appendix 3Y Page 2