PEET LIMITED — Director's Dealing 2011

Apr 20, 2011

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 30/9/2001. Amended 01/01/11

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	Brendan David Gore
Date of last notice	29 December 2010

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise tothe relevant interest.
Date of change	As at 20 April 2011
No. of securities held prior to change	2,600,000 Options1,815,166 Performance Rights
Class	Options over Ordinary Shares.
Number acquired	Nil
Number disposed	100,000 Options
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil.
No. of securities held after change	2,500,000 Options1,815,166 Performance Rights

Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Expiry of Options 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

Part 3 –+Closed period
Weretheinterests	inthe	N/A
securities or contracts	detailed
above traded during a	+closed
periodwhereprior	written
clearance was required?
If so, was prior written clearance		N/A
provided to allow the	trade to
proceed during this period?
If prior written clearance was		N/A
provided, on what date	was this
provided?

Appendix 3Y Page 2