Perpetual Limited — Director's Dealing 2003

Jun 23, 2003

Rule 3.19A.3

Appendix 3Z

Final 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.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Ms Gai McGrath (alternate for Graham)Bradley)
Date of last notice	04 November 2002
Date that director ceased to be director	24 hme 2003

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Nil

+ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

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.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving riseto the relevant interest	Number & class of securities
Queensland Trustees Pty LtdPerpetual'sfor(trustee	Perpetual's Employees Share Purchase Plan -1,457 restricted shares.
Employee IncentiveSharePlans)	Perpetual's Executive Share Plan - 4,908restricted shares.
	Perpetual's Employee Reward Share Plan – 30restricted shares

Part 3 – Director's interests in contracts

Detail of contract	Nil
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities towhich interest relates

+ See chapter 19 for defined terms.