Perpetual Limited — Director's Dealing 2005

Oct 23, 2005

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.

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	David Deverall
Date of last notice	12 October 2005

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	Direct/Indirect
Nature of indirect interest	Indirect
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Shares held by Queensland Trustees PtyLimited as trustee for Perpetual's ExecutiveShare Plan and Tax Deferred Share Plan
	Units purchased by Barmint Pty Limited astrustee of the Deverall Family Trust (DavidDeverall is director of Barmint Pty Limited)
	DirectOptions held in Perpetual's Executive OptionPlan
Date of change	21 October 2005
No. of securities held prior to change	46,682 ordinary shares91,386 options
Class	Units

Number acquired	Indirect48,780.49 units in Perpetual's WholesaleSplit Growth Fund
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$1.025 per unit
No. of securities held after change	54,899 ordinary shares91,386 options48,780.49 units in Perpetual's WholesaleSplit Growth Fund
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back-	Purchase of units in Perpetual's WholesaleSplit Growth Fund by Barmint Pty Limited

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
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation.
Interest after change