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Perpetual Limited Earnings Release 2008

Aug 19, 2008

10538_rns_2008-08-19_12d3c953-4bb2-42be-adb1-866725ccebf1.pdf

Earnings Release

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20 August 2008

The Manager Company Announcements Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

Perpetual Limited ABN 86 000 431 827

123 Pitt Street Sydney GPO Box 4172 Sydney NSW 2001 Australia DX 365 Sydney Telephone 02 9229 9000 Facsimile 02 8256 1427

Dear Sir / Madam,

Perpetual Limited - Preliminary Final Report (Appendix 4E) for the year ended 30 June 2008

The directors of Perpetual Limited (the “Company”) are pleased to announce the audited results of the Company for the year ended 30 June 2008 as follows:

Results for announcement to the market

Extracted from 2008 Annual Report % change $A’000
Revenue from ordinary activities excludes Up 6% 495,682
revenue from structured investments1
Profit after tax before gains realised on sale
of investments and Exact Market Cash Fundlosses Down 8% 133,464
Net profit for the year attributable to members Down 29% 128,813

Dividends for the current year

Amount Franked
Dividends per amount per
security security
Final 2008 dividend: 141 cents 141 cents
Record date – 29 August 2008
Payable – 12 September 2008
No dividend reinvestment plans are
operational for this dividend
Interim 2008 dividend: 189 cents 189 cents
Paid 14 March 2008
Total amount per share 330 cents 330 cents

The remainder of the information requiring disclosure to comply with listing rule 4.3A is contained in the attached 2008 annual review, statutory financial report, media release and the additional information tabled below.

Perpetual Limited - Preliminary Final Report (Appendix 4E) for the year ended 30 June 2008

Page 2

Additional Information

Net tangible assets per share: 472 cents (2007: 591 cents)

Note 1: Revenue from ordinary activities excludes revenue from structured investments. Structured investments revenue totalled $117,567,000 (30 June 2007: $77,250,000).

Further information regarding Perpetual and its business activities can be obtained by visiting the company’s website at www.perpetual.com.au.

Yours faithfully

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Roger Burrows Chief Financial Officer