Perpetual Limited — Net Asset Value 2008

Jul 27, 2008

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ASX ANNOUNCEMENT

28 July 2008

Perpetual Limited: funds under management

Perpetual Limited (Perpetual) today announced its funds under management as at 30 June 2008 were $30.3 billion. Funds under management as at 31 May 2008 were $32.8 billion.

This reduction was mainly driven by the decline in the S&P/ASX 300 Accumulation Index of 7.6 per cent for the month of June 2008. In addition, the $30.3 billion was calculated after year–end net distributions of $0.3 billion.

For further information, please contact:

Sue Morey General Manager – Group Public Affairs & Investor Relations Perpetual Limited Tel: 02 9229 3936 Mobile: 0409 746 385