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 30/09/01 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.

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Appendix 3Y Change of Director’s Interest Notice

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’s Executive Share 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.

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Appendix 3Y Change of Director’s Interest Notice

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.

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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

Part 3 –[+] Closed period

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.

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