Perpetual Limited — Director's Dealing 2011

Jul 18, 2011

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. 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	Eric Paul McClintock
Date of last notice	4 April 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

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Shares held by Queensland Trustees PtyLimitedastrusteeforPerpetual'sNonExecutive Share Purchase Plan.Sharesheld by MAL Property ServicesLimitedATFMcClintockAssociatesSuperannuation Fund.E P McClintock is abeneficiary of the Fund.UnitsinPerpetualManagedInvestmentSchemes held by PCM Investments (NSW)Pty Ltd a company owned by Mr McClintockShares held by PCM Investments (NSW) PtyLtd a company owned by Mr McClintock
Date of change	12 July 2011

+ See chapter 19 for defined terms.

No. of securities held prior to change	479ordinarysharesheldbyEPaulMcClintock
	2,239 shares held by PCM Investments(NSW) Pty Ltd a company owned by MrMcClintock
	2,300 shares held by MAL Property ServicesLimitedATFMcClintockAssociatesSuperannuation Fund.E P McClintock is abeneficiary of the Fund.
	4,185 shares held by Queensland TrusteesPty Limited as trustee for Perpetual's NonExecutive Share Purchase Plan
	36,073.188 units in Perpetual's WholesaleConcentrated Equity Fund held by PCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
	79,682.287 units in Perpetual's WholesaleInternationalShareFundheldbyPCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
	31,877.421 units in Perpetual's WholesaleSHARE-PLUSFundheldbyPCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
Class	Units
Number acquired	651.620unitsinPerpetual'sWholesaleConcentrated Equity Fund held by PCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
	1,179.860 units in Perpetual's WholesaleInternationalShareFundheldbyPCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
	589.054unitsinPerpetual'sWholesaleSHARE-PLUSFundheldbyPCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
Number disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash, provide details andestimated valuation	$3,390.95

+ See chapter 19 for defined terms.

No. of securities held after change	479ordinarysharesheldbyEPaulMcClintock
	2,239 shares held by PCM Investments(NSW) Pty Ltd a company owned by MrMcClintock
	2,300 shares held by MAL Property ServicesLimitedATFMcClintockAssociatesSuperannuation Fund.E P McClintock is abeneficiary of the Fund.
	4,185 shares held by Queensland TrusteesPty Limited as trustee for Perpetual's NonExecutive Share Purchase Plan
	36,724.808 units in Perpetual's WholesaleConcentrated Equity Fund held by PCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
	80,862.148 units in Perpetual's WholesaleInternationalShareFundheldbyPCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
	32,466.476 units in Perpetual's WholesaleSHARE-PLUSFundheldbyPCMInvestments (NSW) Pty Ltd a companyowned by Mr McClintock
Nature of changeExample: on‐market trade, off‐market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy‐back	Reinvestment of distributions in PerpetualLimited Managed Investment Schemes

Part 2 – Change of director's interests in contracts

Detail of contract	Not Applicable
Nature of interest
Name of registered holder(if issued securities)
Date of change

+ See chapter 19 for defined terms.

No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contractin relation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non‐cash, providedetails and an estimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	Not applicable
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	Not applicable
to proceed during this period?
If prior written clearance was provided, on what date was this	Not applicable
provided?

+ See chapter 19 for defined terms.