Perpetual Limited — Director's Dealing 2011

Dec 5, 2011

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 30/09/01 Amended 01/01/11

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	Chris Ryan
Date of last notice	23 February 2011

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	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 Limited Long-Term Incentive Plan. Chris Ryan has a beneficial interest in the shares.
Date of change	29 November 2011
No. of securities held prior to change	Nil.
Class	Ordinary shares

⁺ See chapter 19 for defined terms.

Number acquired	20,422 ordinary shares were granted under Perpetual Limited Long-Term Incentive Plan in accordance with the terms of Long Term Incentive (LTI) arrangements. Vesting of these securities is subject to performance hurdles in accordance with the LTI arrangements. 58,194 ordinary shares were granted under Perpetual Limited Long-Term Incentive Plan in accordance with the terms of Long Term Incentive (LTI) arrangements. Vesting of these securities is subject to performance hurdles in accordance with the LTI arrangements.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	20,422 ordinary shares issued @ \$29.38 per share. 58,194 ordinary shares issued @ \$21.05 per share.
No. of securities held after change	Indirect
	78,616 ordinary shares held by Queensland Trustees Pty Limited as trustee for Perpetual Limited Long-Term Incentive Plan.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares granted to form part of 2011 LTI 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)

⁺ See chapter 19 for defined terms.

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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No.
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

⁺ See chapter 19 for defined terms.

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 30/09/01 Amended 01/01/11

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	Roger Burrows (Alternate for Peter Scott)
Date of last notice	1 December 2010

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	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 Perpetual Limited Long-Term Incentive Plan. Roger Burrows has a beneficial interest in the shares.
Date of change	29 November 2011
No. of securities held prior to change	Indirect 58,928 ordinary shares held by Queensland Trustees Pty Limited as trustee for Perpetual's Executive Share Plan
Class	Ordinary shares

⁺ See chapter 19 for defined terms.

Number acquired	28,503 ordinary shares were granted under the Perpetual Limited Long-Term Incentive Plan in accordance with the terms of Long Term Incentive (LTI) arrangements. Vesting of these securities is subject to performance hurdles in accordance with the LTI arrangements.
Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	28,503 ordinary shares issued @ \$21.05 per share
No. of securities held after change	Indirect
	58,928 ordinary shares held by Queensland Trustees Pty Limited as trustee for the Perpetual Limited Executive Share Plan 28,503 ordinary shares held by Queensland Trustees Pty Limited as trustee for the Perpetual Limited Long-Term Incentive Plan.

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

⁺ See chapter 19 for defined terms.

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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written	No.
clearance was required?
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

⁺ See chapter 19 for defined terms.

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 30/09/01 Amended 01/01/11

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	Ivan Holyman (Alternate for Chris Ryan)
Date of last notice	29 August 2011

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	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 Perpetual Limited Long-Term Incentive Plan. Ivan Holyman has a beneficial interest in the shares. Units purchased by Warana Holdings Pty Limited as trustee for Warana Superannuation Fund. Ivan Holyman owns all the shares in Warana Holdings Pty Limited.
Date of change	29 November 2011

⁺ See chapter 19 for defined terms.

No. of securities held prior to change	Indirect
	44,513 ordinary shares held by Queensland Trustees Pty Limited as trustee for Perpetual's Executive Share Plan
	222,211.727 units in Perpetual's International Share Fund held by Warana Holdings Pty Limited as trustee for Warana Superannuation Fund.
	315,217.638 units in Perpetual Pure Value Share Fund held by Warana Holdings Pty Ltd as trustee for Warana Superannuation Fund.
	79,205.169 units in Perpetual's Wholesale Global Resources Funds Class A held by Warana Holdings Pty Limited as trustee for Warana Superannuation Fund.
Class	Ordinary shares
Number acquired
	21,377 ordinary shares acquired by Queensland Trustees Pty Limited as trustee for Perpetual Limited Long-Term Incentive Plan.
Number disposed	6,119 ordinary shares issued at \$73.54 each which formed part of the 2007 Long-term Incentive (LTI) arrangements have been forfeited. Shares have been forfeited as performance hurdles were not satisfied in relation to the 6,119 shares.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	21,377 ordinary shares @ \$21.05 per share.

⁺ See chapter 19 for defined terms.

No. of securities held after change	Indirect
	38,394 ordinary shares held by Queensland Trustees Pty Limited as trustee for Perpetual's Executive Share Plan.
	21,377 ordinary shares held by Queensland Trustees Pty Limited as trustee for the Perpetual Limited Long-Term Incentive Plan.
	222,211.727 units in Perpetual's International Share Fund held by Warana Holdings Pty Limited as trustee for Warana Superannuation Fund.
	315,217.638 units in Perpetual Pure Value Share Fund held by Warana Holdings Pty Ltd as trustee for Warana Superannuation Fund.
	79,205.169 units in Perpetual's Wholesale Global Resources Funds Class A held by Warana Holdings Pty Limited as trustee for Warana Superannuation Fund.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shares granted to form part of 2011 LTI 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
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

⁺ See chapter 19 for defined terms.

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

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed period where prior written clearance was required?
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

⁺ See chapter 19 for defined terms.