Perpetual Limited — Director's Dealing 2005

Dec 5, 2005

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	Eric Paul McClintock
Date of last notice	20 June 2004

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.	Queensland Trustees Purchase by Pty Limited as trustee for Perpetual's Non- Executive Share Purchase Plan.
Date of change	1 December 2005
No. of securities held prior to change	1,500 shares held by PCM Investments (NSW) Pty Ltd a company owned by Mr McClintock 1,000 shares held by MAL Property Services Limited ATF McClintock Associates Superannuation Fund. E P McClintock is a beneficiary of the Fund.
Class	Ordinary shares
Number acquired	71 shares purchased by Queensland Trustees Pty Limited as trustee for Perpetual's Non- Executive Share Purchase Plan.
Number disposed	NIL
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$4,645.52

No. of securities held after change	1,500 shares held by PCM Investments (NSW) Pty Ltd a company owned by Mr McClintock 1,000 shares held by MAL Property Services Limited ATF McClintock Associates Superannuation Fund. E P McClintock is a beneficiary of the Fund. 71 shares held by Queensland Trustees Pty Limited as trustee for Perpetual's Non-
	Executive Share Purchase Plan.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trade

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 contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change