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 Hamish Douglass Date of last notice 22 November 2016

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)Note: Provide details of the circumstances giving rise to the relevantinterest.	Midas Touch Investments Pty LtdDouglass Employee Share Fund Pty Ltd
Dates of change	1 July 2017
No. of securities held prior to change	21,792,277 Ordinary Shares (ASX:MFG);1,537,725.1048 Magellan Global Fund1,719,489.4584 Magellan High Conviction Fund587,069MagellanGlobalEquitiesFund(ASX:MGE)510,385 Magellan Global Equities Fund (CurrencyHedged) (ASX:MHG)
Class	Units in Magellan Global Fund (MGF)Units in Magellan High Conviction Fund(MHCF)
Number acquired	38,558.4009 Units in MGF39,048.8840 Units in MHCF
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$1.9373 per unit in MGF$1.5412 per unit in MHCF

• 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
	1,758,583.3424 Magellan High Conviction			Fund
	587,069Magellan	Global	Equities	Fund
	(ASX:MGE)
	510,385 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 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