MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2017

Aug 1, 2017

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 5 July 2017

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.

e disclosed in this part.
Direct or indirect interest	Direct and Indirect Interests
Nature of indirect interest
(including registered holder)	Midas Touch Investments Pty Ltd
Note: Provide details of the circumstances giving rise to the relevantinterest.	Douglass Employee Share Fund Pty Ltd
Dates of change	31 July 2017
No. of securities held prior to change	21,792,277 Ordinary Shares (ASX:MFG);
	1,576,283.5057 Magellan Global Fund
	1,758,538.3424 Magellan High Conviction Fund
	587,069MagellanGlobalEquities	Fund
	(ASX:MGE)
	510,385 Magellan Global Equities Fund (Currency
	Hedged) (ASX:MHG)
Class	Magellan Global Equities Fund (ASX:MGE)
	Units inMagellan Global Equities Fund (Currency
	Hedged) (ASX:MHG)
Number acquired	10,602 Units in MGE
	9,103 Units in MHG
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$2.7687 per unit in MGE$2.8035 per unit in MHG

• 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	21,792,277 Ordinary	Shares (ASX:MFG);	Shares (ASX:MFG);
	1,576,283.5057 Magellan Global		Fund
	1,758,538.3424 Magellan High Conviction			Fund
	597,671Magellan	Global	Equities	Fund
	(ASX:MGE)
	519,488 Magellan Global Equities Fund (Currency
	Hedged) (ASX:MHG)
Nature of change	Distribution reinvestment plan
Example: on-market trade, off-market trade, exercise of options,
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.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
Date of change	N/A
No. and class of securities to	N/A
which interest related prior to
change
Note: Details are only required for a
contract in relation to which the
interest has changed
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration	N/A
Note: If consideration is non-cash,
provide details and an estimated
valuation
Interest after change	N/A

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

2 August 2017

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011