PEET LIMITED — Director's Dealing 2011

Apr 20, 2011

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. 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	Anthony Wayne Lennon
Date of last notice	25 October 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 & Indirect
Nature of indirect interest	Name of holder:
(including registered holder)	Scorpio Nominees Pty Limited <gwenton< th=""></gwenton<>
Note: Provide details of the circumstances giving rise to the relevantinterest.	Trust>
	Nature of interest:
	Director of Scorpio Nominees Pty Limited and
	a beneficiary of the Gwenton Trust
	Name of holder:
	Anthony Wayne Lennon & Rebecca Lennon
	Nature of Interest:
	Trustee of a super fund
Date of change	As at 20 April 2011

No. of securities held prior to change	Ordinary shares:
	81,152,498 comprising:
	81,100,973ScorpioNomineesPtyLtd
	14,854 Anthony Wayne Lennon
	36,671 Anthony Wayne Lennon & RebeccaLennon
Class	Ordinary shares
Number acquired	1,158
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$2,061.24
No. of securities held after change	Ordinary shares:
	81,153,656 comprising:
	81,100,973ScorpioNomineesPtyLtd
	15,188 Anthony Wayne Lennon
	37,495Anthony WayneLennon& RebeccaLennon
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Participation in Dividend 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 contract	N/A
Nature of interest	N/A
Name of registeredholder(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

Part 3 – +Closed period

Were the interests in the securities orcontracts detailed above traded during a+closedperiodwherepriorwrittenclearance was required?	No
If so, was prior written clearance providedto allow the trade to proceed during thisperiod?	N/A
If prior written clearance was provided, onwhat date was this provided?	N/A