PEET LIMITED — Director's Dealing 2012

Apr 22, 2012

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	Trevor James Allen
Date of last notice	5 April 2012

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Name of holder:Famtron Pty Limited <clock tower<br="">Superannuation Fund>
	Nature of interest:Director and shareholder of trustee andmember of fund
	Name of holder:Famtron Pty Limited
	Nature of Interest:Director and shareholder of trustee andbeneficiary of trust
Date of change	As at 23 April 2012
No. of securities held prior to change	Ordinary shares:
	70,000 Ordinary Shares held by Famtron PtyLimited
Class	UnsecuredRedeemableConvertibleNotesmaturing 16 June 2016.

Number acquired	630 Unsecured Convertible Notes
Number disposed	Nil
Value/Consideration	$59,449.32 Convertible Notes
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	Ordinary shares:
	70,000 Ordinary Shares held by Famtron PtyLimited
	9.5% Unsecured Redeemable ConvertibleNotes maturing 16 June 2016:
	630 Unsecured Convertible Notes held byFamtron Pty Limited
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On-market acquisition.

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

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