Perpetual Limited — Director's Dealing 2011

Dec 4, 2011

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	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

D11/6948

Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary shares
Number acquired	28,503 ordinary shares were granted under Perpetual’s Executive Share 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.
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

D11/6948

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

D11/6948