Perpetual Limited — Director's Dealing 2005

Jun 30, 2005

Appendix 3Z

Rule 3.19A.3

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	Lachlan Couchman (Alternate) Jane Director for David Deverall)
Date of last notice	5 May 2005
Date that director ceased to be director	30 June 2005

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

2912.53 units in Perpetual's Industrial Share Fund

3995.54 units in Perpetual's Smaller Companies Fund

Xdoc37396

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 interest Note: Provide details of the circumstances giving rise to the relevant interest	Number & class of securities
Queensland Trustees Pty Ltd (trustee for Perpetual's Executive Purchase Plan Share and Execution Option Plan)	1,773 ordinary shares 3,107 options $@$32.46$ 796 options @ \$34.51

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 to which interest relates