MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2016

Jan 18, 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 Magellan Financial Group Limited ABN 59 108 437 592

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 Hamish Douglass Date of last notice 6 August 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.

	rt 1 - Chan	ge of director’s relevant inte	rests in securities	rests in securities
	he case of a tru I h f	st, this includes interests in the trust made i hih ihi	available by the responsib h i f h fiii f “ifi		le entity of the trust l i f i” hl
	e: n te case o a disclosed in this pa	company, nterests wc come wtn paragrap rt.	() o te denton o nota		e nterest o a drector sou
	Direct or ind	irect interest		Direct and Indirec	t Interests
	Nature of in	direct interest				d
	(including r Note: Provide deta interest	egistered holder) ils of the circumstances giving rise to the releva	nt	Midas Touch Inve Douglass Employ	stments Pty Ltd ee Share Fund Pty Lt
	.
	Dates of ch	ange
				18 January 2016
						); ted) viction Fund
	No. of secur	ities held prior to change		11,087,000 Ordin 10,200,000 MFG	ary Shares (ASX:MF Class B Shares (Unlis
				1,412,701.0429 M 1,592,075.7465	agellan Global Fund Magellan High Con
				Fund 75,418 Magella (ASX:MGE)	n Global Equities
						stment
	Class			Units in listed regi scheme	stered managed inve
	Number acq	uired		250,000 units in	Magellan Global E	quities
				Fund (Currency H	edged) (ASX:MHG)
	Number dis	posed		N/A
	Vl/C	dti
	aueons Note: If considera valuation	eraon tion is non-cash, provide details and estimate	d	250,000 units at $	2.28 per unit

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	11,087,000 Ordinary Shares (ASX:MFG); 10,200,000 MFG Class B Shares (Unlisted) 1,412,701.0429 Magellan Global Fund 1,592,075.7465 Magellan High Conviction Fund 75,418 Magellan Global Equities Fund (ASX:MGE) 250,000 Magellan Global Equities Fund (Currency Hedged) (ASX:MHG)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On-market trade

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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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 interesthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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 N/A trade to proceed during this period? If prior written clearance was provided, on what date was N/A this provided?

19 January 2016

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011