MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2017

Jul 4, 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 Paul Lewis Date of last notice 9 January 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.

Direct or indirect interest	Indirect
Nature of indirect interest
(including registered holder)	PAJ Lewis Superannuation Fund Pty Ltd
Note: Provide details of the circumstances giving rise to the relevantinterest.	PAJ Lewis Pty LimitedMelissa Lewis Foundation
Date of change	1 July 2017
No. of securities held prior to change	1,725,000 Ordinary Shares in MFG
	505,919.8538 units in Magellan Global Fund
	374,782.1495 units in Magellan Infrastructure
	Fund
Class	Units in Magellan Global Fund (MGF)
	Units in Magellan Infrastructure Fund (MIF)
Number acquired	11,233.2886 Units in MGF
	31,133.6501 Units in MIF
Number disposed	N/A
Value/Consideration	$1.9373 per unit in MGF
Note: If consideration is non-cash, provide details and estimatedvaluation	$1.2312 per unit in MIF
No. of securities held after change	1,725,000 Ordinary Shares in MFG
	517,153.1424 units in Magellan Global Fund
	405,915.7996 units in Magellan Infrastructure
	Fund

• See chapter 19 for defined terms.

Appendix 3Y Page 1

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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.

	fiable interest of a director should be disclosed in this part.	fiable interest of a director should be disclosed in this part.
D	etail of contract	N/A
Nature of interest	ature of interest	N/A
Name of registered holder(if issued securities)		N/A
Date of change		N/A
No. and class of securities towhich interest related prior tochangeNote: Details are only required for acontract in relation to which theinterest has changed		N/A
Interest acquired		N/A
Interest disposed		N/A
Value/ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation		N/A
Interest after change		N/A

Part 3 –[+] Closed period

art 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?

5 July 2017

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011