Perpetual Limited — Director's Dealing 2003

Sep 7, 2003

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.

Name of entity	Perpetual Trustees Australia Limited
ABN	86 000 431 827

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 Gordon Kent
Date of last notice	1 June 2003.

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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest	Purchase by Queensland Trustees Pty Ltd as trustee for Perpetual's Non Executive Share Purchase Plan
Date of change	01 September 2003
No. of securities held prior to change	9,686
Class	Ordinary
Number acquired	224
Number disposed	$\overline{a}$
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$8,355
No. of securities held after change	9,910

⁺ See chapter 19 for defined terms.

Nature of change	On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Investment in Perpetual's Wholesale Monthly Income Fund by Springfield Superannuation Fund. Mr Kent is one of two members of the Fund.
Date of change	25 October 2002
No. of securities held prior to change	Nil
Class	Units in Fund
Number acquired	249,924.53
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$255,797.76
No. of securities held after change	249,924
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Purchase of units

Part 2 - Change of director's interests in contracts

Detail of contract	Not Applicable
Nature of interest
Name of registered holder (if issued securities)
Date of change

$\div$ See chapter 19 for defined terms.

No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-eash, provide details and an estimated valuation
Interest after change

⁺ See chapter 19 for defined terms.