PEET LIMITED — Director's Dealing 2009

Jun 16, 2009

Appendix 3Y

Rule 3.19A.2

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 30/9/2001.

Name of entity	PEET LIMITED
ABN	56 008 665 834

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	Warwick Donald Hemsley
Date of last notice	5 August 2004

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	Direct & Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Name of holder:Warwick Hemsley & Estate of the late E HHemsley
	Nature of Interest:Trustee and beneficiary of a trust
	Name of holder:Redfield Holdings Pty Ltd
	Nature of interest:Director and shareholder of RedfieldHoldings Pty Ltd
	Name of holder:WarwickHemsley&LeeHemsley&JeffreyHemsley<hemsleyFamilyAccount></hemsley
	Nature of Interest:Trustee and beneficiary of a trust
Date of change	As at 16 June 2009

No. of securities held prior to change	Ordinary shares:
	20,063,600 comprising:
	19,642,912heldbyWarwickDonaldHemsley
	362,088heldby Warwick Hemsley &Estate of the late E H Hemsley <hemsleyAccount></hemsley
	41,600 held by Redfield Holdings Pty Ltd
	17,000 held by Warwick Hemsley & LeeHemsley & Jeffrey Hemsley <hemsleyFamily Account></hemsley
	Options:600,000 options held by Warwick DonaldHemsley
Class	Ordinary shares
Number acquired	600,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$720,000
No. of securities held after change	Ordinary shares:
	20,663,600 comprising:
	20,242,912heldbyWarwickDonaldHemsley
	362,088heldby Warwick Hemsley &Estate of the late E H Hemsley <hemsleyAccount></hemsley
	41,600 held by Redfield Holdings Pty Ltd
	17,000 held by Warwick Hemsley & LeeHemsley & Jeffrey Hemsley <hemsleyFamily Account></hemsley

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Exercise of 600,000 options at $1.20 peroption granted in June 2004.

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 interestrelated prior to changeNote: Details are only required for a contract 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