Perpetual Limited — Director's Dealing 2008

Nov 30, 2008

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial 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 Limited ABN 86 000 431 827

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Roger Burrows (Alternate Director to RobertSavage)
Date of appointment	1 December 2008

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

Number & class of securities

NIL

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

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

	Shares are registered in the nameof Queensland Trustees PtyLimited, as trustee of the PerpetualExecutive Share Plan. RogerBurrows has a beneficial interest inthe shares.	23,721 ordinary Perpetual shares under thePerpetual Executive Share Plan

Appendix 3X Page 1

R Burrows

Appendix 3X Initial Director’s Interest Notice

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 whichinterest relates

Appendix 3X Page 2

R Burrows