Perpetual Limited — Net Asset Value 2008

Feb 14, 2008

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Announcement – Perpetual funds under management 15 February 2008

Perpetual advises that its funds under management as at 31 January 2008 were $34.3 billion. Funds under management as at 31 December 2007 were $ 37.2 billion . This reduction was driven by the decline in the S&P/ASX 300 Accumulation Index of 11% for the month of January 2008.

For further information, please contact:

David Deverall Managing Director Perpetual Limited Ph: (02) 9229 9078

Emilio Gonzalez Group Executive Equities Perpetual Limited Ph: (02) 9229 9782

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