Perpetual Limited — Director's Dealing 2003

Apr 8, 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	Graham Bradley
Date of last notice	27 March 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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest
Date of change	09 April 2003
No. of securities held prior to change	182,592 ordinary shares277,477 options – Executive Option Plan
Class	Executive options
Number acquired
Number disposed	$60,000$ options granted $15/10/1999$ , issue priceof $21.84
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$444,312 (net of costs)
No. of securities held after change	182,592 ordinary shares217,477 options- Executive Option Plan

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy-back	Sale of options to pay tax associated withearlier exercises of optionsandfundinvestment in Perpetual's Wholesale Share-Plus Fund outlined below
Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.
Date of change	07 April 2003
No. of securities held prior to change	48,498.69 units - Perpetual's WholesaleSmaller Companies Fund (Daphino Pty Ltd)97,656.25 units - Perpetual's WholesaleGeared Australian Fund98,135.43 units - Perpetual's WholesaleShare-Plus Fund
Class	Perpetual's Wholesale Share-Plus Fund
Number acquired	94,339.62 units -Perpetual's WholesaleShare-Plus Fund
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$100,000 - Perpetual's Wholesale Share-PlusFund
No. of securities held after change	48,498.69 units - Perpetual's WholesaleSmaller Companies Fund (Daphino Pty Ltd)97,656.25 units - Perpetual's WholesaleGeared Australian Fund192,475.05 units - Perpetual's WholesaleShare-Plus Fund
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy-back	Purchase of units

+ See chapter 19 for defined terms.

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

+ See chapter 19 for defined terms.