Perpetual Limited — Director's Dealing 2008

Aug 19, 2008

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2 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 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	4 August 2008

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 (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Indirect Shares held by Queensland Trustees Pty Limited as trustee for Perpetual’s Executive Share Plan and Tax Deferred Share Plan Units purchased by Barmint Pty Limited as trustee of the Deverall Family Trust (David Deverall is director of Barmint Pty Limited) Direct Options held in Perpetual’s Executive Option Plan Shares held by David Deverall
Date of change	19 August 2008

D08/4630

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change	Indirect 80,541 ordinary shares held by Queensland Trustees Pty Limited as trustee for Perpetual’s Executive Share Plan and Tax Deferred Share Plan 193,647.16 units in Perpetual’s Wholesale Split Growth Fund purchased by Barmint Pty Limited as trustee of the Deverall Family Trust (David Deverall is director of Barmint Pty Limited) Direct 359,738 options held in Perpetual’s Executive Option Plan 28,594 shares held by David Deverall
Class	Shares and Options
Number acquired	Nil
Number disposed	1,955 ordinary shares issued at $47.08 and 6,840 options with an exercise price of $47.08 which formed part of 2004 Long Term Incentive (LTI) arrangements have been forfeited. Shares and options have been forfeited as LTI hurdles were not satisfied in relation to the 1,955 ordinary shares and 6,840 options.
Consideration	Nil

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Indirect 78,586 ordinary shares held by Queensland Trustees Pty Limited as trustee for Perpetual’s Executive Share Plan and Tax Deferred Share Plan 193,647.16 units in Perpetual’s Wholesale Split Growth Fund purchased by Barmint Pty Limited as trustee of the Deverall Family Trust (David Deverall is director of Barmint Pty Limited) Direct 352,898 options held in Perpetual’s Executive Option Plan 28,594 shares held by David Deverall

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Forfeiture of shares and options where Long Term Incentive hurdles were not satisfied.

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 change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

D08/4630