Perpetual Limited — Director's Dealing 2014

Apr 7, 2014

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	P Craig Ueland
Date of last notice	4 April 2014

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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Ueland Pty Ltd ATF Ueland SuperannuationFund
Date of change	2 April 2014

+ See chapter 19 for defined terms.

No. of securities held prior to change	Direct
	1,000 Perpetual Limited shares held in thename of P Craig Ueland and Mrs NicoleUeland
	1,444,043.3213unitsinPerpetual'sWholesale Smaller Companies Fund held inthe name of P Craig Ueland and Mrs NicoleUeland.
	38,550.501 units in Perpetual WholesaleSHARE-PLUS Long-Short Fund held in thename of P Craig Ueland
	1,888,873.778unitsinPerpetualPureMicrocap Fund Class A in the name of PCraig Ueland
	Indirect
	724,448.288 units in Perpetual Pure EquityAlpha Fund – Class A in the name of UelandPty Ltd ATF Ueland Superannuation Fund
	219,295.392 units in Perpetual WholesaleSHARE-PLUS Long-Short Fund held in thenameofUelandPtyLtdATFUelandSuperannuation Fund
Class	Units
Number acquired	386.574unitsinPerpetualWholesaleSHARE-PLUS Long-Short Fund held in thename of P Craig Ueland
	1,820,366.258 units in Perpetual Pure CreditAlpha Fund Class W Fund held in the nameof P Craig Ueland and Mrs Nicole Ueland
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	386.574unitsinPerpetualWholesaleSHARE-PLUS Long-Short Fund @ $2.711
	1,820,366.258 units in Perpetual Pure CreditAlpha Fund Class W Fund @ $1.236 per unit

+ See chapter 19 for defined terms.

No. of securities held after change	Direct
	1,000 Perpetual Limited shares held in thename of P Craig Ueland and Mrs NicoleUeland
	1,444,043.3213unitsinPerpetual'sWholesale Smaller Companies Fund held inthe name of P Craig Ueland and Mrs NicoleUeland.
	1,820,366.258 units in Perpetual Pure CreditAlpha Fund Class W Fund held in the nameof P Craig Ueland and Mrs Nicole Ueland
	38,937.075 units in Perpetual WholesaleSHARE-PLUS Long-Short Fund held in thename of P Craig Ueland
	1,888,873.778unitsinPerpetualPureMicrocap Fund Class A in the name of PCraig Ueland
	Indirect
	724,448.288 units in Perpetual Pure EquityAlpha Fund – Class A in the name of UelandPty Ltd ATF Ueland Superannuation Fund
	219,295.392 units in Perpetual WholesaleSHARE-PLUS Long-Short Fund held in thenameofUelandPtyLtdATFUelandSuperannuation Fund
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back	Reinvestment of distributions and purchaseof units in a Perpetual Managed InvestmentScheme

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.

03/04/2014 Appendix 3Y Page 3

No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand 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 tradeto proceed during this period?	Not applicable
If prior written clearance was provided, on what date was thisprovided?	Not applicable

+ See chapter 19 for defined terms.