PERSEUS MINING LIMITED — Major Shareholding Notification 2016

Dec 20, 2016

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a 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
The holder ceased to be a substantial holder on	16, 12, 16
The previous notice was given to the company on	26,09,16
The previous notice was dated	22/09/16

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the
substantial holder was last required

Date of change	Person whose relevant interest changed	Nature of change $(4)$	Consideration given in relation to change $(5)$	Class (6) and number of securities affected	Person's votes affected
	SEE ATTACHED ANNEXURE 1

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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

4. Addresses

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

sign here $\angle$

Name	Address
Paradice Investment Management	L12, 139 Macquarie Street, SYDNEY, NSW 2000
Ptv Ltd

Signature

	print name PETER MANLEY
ign here	en

capacity COMPANY SECRETARY

$20/12 / 16$ date

CEASING TO BE A SUBSTANTINAL SHAREHOLDER

ANNEXURE 1

STOCK: PERSEUS MINING LIMITED

DETAILS OF RELEVANT INTERESTS

			Consideration given in	Class and number of securities affected	Person's votes
Date of change	Person whose relevant interest changed	Nature of change	relation to change	FPO	affected
24-Oct-16	aradice Investement Management Pty Ltd	Share Purchase	\$1,772,025.21	3,109,657	3,109,657
$2 - Nov - 16$	Pty Ltd aradice Investement Management	Share Purchase	\$1,416,282.02	2,228,484	2,228,484
$2-Dec-16$	Pty Ltd Paradice Investement Management	Share Sale	\$1,378,230.73	2,396,923	2,396,923
6-Dec-16	Pty Ltd Paradice Investement Management	Share Sale	\$10,857,907.93	30,000,000	30,000,000

5,338,141 32,396,923	27,058,782
5,338,141 32,396,923	27,058,782
3, 188, 307.23 2, 236, 138.66	\$9,047,831.43
Total Purchases Total Sales	Total

This is annexure 1 of 1 pages referred to in form 605 Notice of Ceasing to be a Substantial Holder

$\frac{20/12/2016}{\mathsf{DATE}}$ $\alpha$ $\mathbb{Z}$ NEW YORK PRESERVED

COMPANY SECRETARY
CAPACITY