Perpetual Limited — Director's Dealing 2008

Aug 6, 2008

Appendix 3Y Change of Director’s Interest Notice

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	1 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	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 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	4 August 2008 and 19 March 2008

D08/4418

Appendix 3Y Change of Director’s Interest Notice

No. of securitie	No. of securitie
	No. of securitie	s held prior to change	In	direct	ueenslandsteeforand TaxWholesalearmint Ptyll Familyf Barminterpetual’sall
			67TrPe	,433 ordinary shares held by QusteesPtyLimitedastrurpetual’s Executive Share Plan
			D19	eferred Share Plan3,647.16 units in Perpetual’s
			SpLiTr	lit Growth Fund purchased by Bmited as trustee of the Deveraust (David Deverall is director o
			PtDi	y Limited)rect
			30Ex	2,348optionsheldinPecutive Option Plan
			28	,594 shares held by David Dever
	Class		Sh	ares
	Number acqui	red	G11	roup Long Term Incentive (Gro,993ordinarysharesissue
			Pe57	rpetual’s Executive Share Plan,390 options issued under P
			ExTh	ecutive Option Plane shares and options were grante
			toshGr	the terms of Group LTI arrangemares and options constitute part ofoup LTI for the financial year
			coseac	mmencing 1 July 2008. Vestingcurities is subject to performancecordance with long term incentiv
			arB	rangements.usiness Long Term Incentive
			DiLT	vidends received on unvested BuI are required to be re-invested in
			Exsa	ecutive Share Plan and are subjecme vesting schedule as the Busine
			1,di	15 share were acquired on markevidend proceeds and re-invested.

D08/4418

Appendix 3Y Change of Director’s Interest Notice

Number disposed	Nil
Consideration	11,993 ordinary shares @ $42.73 per share57,390 options @ $42.73 per option1,115 ordinary shares acquired at $49.07 pershare
No. of securities held after change	Indirect80,541 ordinary shares held by QueenslandTrusteesPtyLimitedastrusteeforPerpetual’s Executive Share Plan and TaxDeferred Share Plan193,647.16 units in Perpetual’s WholesaleSplit Growth Fund purchased by Barmint PtyLimited as trustee of the Deverall FamilyTrust (David Deverall is director of BarmintPty Limited)Direct359,738optionsheldinPerpetual’sExecutive Option Plan28,594 shares held by David Deverall
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Share and options acquired pursuant to longterm incentive arrangements.

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

D08/4418

Appendix 3Y Change of Director’s Interest Notice

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

D08/4418