MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2014

Apr 22, 2014

Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final 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 Magellan Financial Group Limited ABN 59 108 437 592

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Naomi Gay Milgrom
Date of last notice	13 November 2013
Date that director ceased to be director	23 April 2014

Part 1 – Director’s relevant interests in securities of which the director is the registered holder 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.

Number & class of securities

5,997 ordinary shares

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances givingrise to the relevant interestMarshstoke Pty LimitedMs Naomi Milgrom & Mr HenryLanzer - The Naomi Milgrom S/F A/CMs Naomi Milgrom - Family A/CNota Bene Investments Pty Limited	Number & class of securities66,667 Ordinary Shares39,037 Ordinary Shares, 6,606 MFG 2016 Options64,653 Ordinary Shares, 9,926 MFG 2016 Options5,351,497 Ordinary Shares

Part 3 – Director’s interests in contracts

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)No. and class of securities to whichinterest relates----- End of picture text -----

23 April 2014

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002