PERSEUS MINING LIMITED — Major Shareholding Notification 2014

Mar 19, 2014

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	PERSEUS MINING LIMITED
ACN/ARSN

1. Details of substantial holder(1)

Name	PARADICE INVESTMENT MANAGEMENT PTY LTD
ACN/ARSN (if applicable)	ABN 64 090 148 619
There was a change in the interests of thesubstantial holder on	19,03,14
The previous notice was given to the company on	14/03/1412 ,03 , 14
The previous notice was dated

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
FPO	34,233,862	6.5%	43,233,862 8.209%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
	SEE ANNEXURE 1

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecuritiesFPO	Person's votes
	SEE ANNEXURE 1

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
	Paradice Investment Mgt P/L L12, 139 Macquarie Street, SYDNEY NSW 2000

Signature

	print name TONY HAMAOND	COMPANY SECRETARYcapacity
sign here		20,0314date

DIRECTIONS

• $(1)$ If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• Include details of: $(6)$
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any $(a)$ document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $(b)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

$(7)$ Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom'e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

$(8)$ If the substantial holder is unable to determine the identity of the person (eq. if the relevant interest arises because of an option) write "unknown".

$(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL SHAREHOLDER

ANNEXURE 1

STOCK: PERSEUS MINING LIMITED

1. CHANGES IN RELEVANT INTERESTS

DATE OF CHANGE	ERSON WHOSE RELEVANTINTEREST CHANGED	NATURE OF CHANGE	GIVEN IN RELATIONCONSIDERATIONTO CHANGE $	OF SECURITIESCLASS & NO.AFFECTED	PERSON'SAFFECTEDVOTES
14-Mar-1419-Mar-14	PARADICE INVESTMENT MGT P/LPARADICE INVESTMENT MGT P/I	Share PurchaseShare Purchase	$2,025,767.16$2,489,074.70	5,000,0004,000,000	4,000,0005,000,000
		Total PurchasesTotal Sales	4,514,841.86	9,000,0000	9,000,000$\circ$
4. PRESENT RELEVANT IN	JTERESTS	Total	$4,514,841.86	9,000,000	9,000,000
	Holder of Relevant Registered Holder of Securities	Person entitled to be registered as Nature of Relevant Class & No ofholder	Interest	Securities	Persons Votes
	Paradice Investment National Nominees Ltd	National Nominees Ltd	Investment Manager	13,765,292	13,765,292
	Paradice Investment JP Morgan Nominees Aust Ltd	JP Morgan Nominees Aust Ltd	Investment Manager	4,084,414	4,084,414
Paradice Investment HSBC	Nominees Aust Ltd	HSBC Nominees Aust Ltd	Investment Manager	18,606,671	18,606,671
	Paradice Investment Citicorp Nominees Ltd	Citicorp Nominees Ltd	Investment Manager	6,777,485	6,777,485
			TOTAL	43,233,862	43,233,862

This is annexure 1 of 1 pages referred to in form 604 Notice of change of Interests of Substantial Shareholder

MANUS 20/03/2014

COMPANY SECRETARYCAPACITY