MAGELLAN FINANCIAL GROUP LIMITED — Director's Dealing 2018

Jan 15, 2018

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 18 October 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 LtdDouglass Foundation PtyLtd
Dates of change	16 January 2018
No. of securities held prior to change	21,792,277 Ordinary Shares (ASX:MFG);
	13,666,668 Magellan Global Trust (ASX:MGG)
	1,576,283.5057 Magellan Global Fund
	1,758,538.3424 Magellan High Conviction Fund
	597,671MagellanGlobalEquities	Fund
	(ASX:MGE)
	519,488 Magellan Global Equities Fund (Currency
	Hedged) (ASX:MHG)
Class	Units in Magellan Global Trust (ASX:MGG)
Number acquired	280,112 Units
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated	$1.4637 per Unit in MGG
valuation

• 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 changeNature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	21,792,277 Ordinary Shares (ASX:MFG);13,946,780 Magellan Global Trust (ASX:MGG)1,576,283.5057 Magellan Global Fund1,758,538.3424 Magellan High Conviction Fund597,671MagellanGlobalEquitiesFund(ASX:MGE)519,488 Magellan Global Equities Fund (CurrencyHedged) (ASX:MHG)Distribution reinvestment plan

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 contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for acontract in relation to which theinterest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash,provide details and an estimatedvaluation	N/AN/AN/AN/AN/AN/AN/AN/A
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

16 January 2018

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011