PERSEUS MINING LIMITED — Major Shareholding Notification 2016

Sep 25, 2016

Form 604

Gorporations Act 2001 Section 5718

Notice of change of interests of substantial holder

To Company Name/Scheme	PERSEUS MINING LIMITED
ACN/ARSN
1. Details of substantial holder(,)
Name	PARADICE INVESTMENT MANAGEMENT Pry LTD

Ihere was a change in the interests 0f the substantial holder on	22 09 16
The previous notice was given t0 the company 0n	05T/-T6
The previous notice was dated	a1 D7 i6

ACN/ARSN (if applicable) 64 090 148 6

2. Previous and present voting power

in when last required, and when now required. t0 give a substantial holding notlce t0 the company 0r scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person s votes	Votino oower (5.}		Person's votesl Votinq power i5)
FPO	59,207,1 59	5.8930/"	71,200,481	6.551o/a

3. Changes in relevant interests

Particulars0feachchangein, orchangeinthenatureof,arelevantinterestofthesubstantialholder0ranassociateinvotingsecurjtiesofthecompany0rscheme,stncethe substantial holder was last required t0 give a substantial holding notice t0 the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
	SEE ANNEXURE

4. Present releuant interests

Particulars of each relevant intelest of the substantial holder in voting securities after the change are as followst

Holder of relevant interest	Registered holder of securrties	Person entitled t0 be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities FPO	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 oftherr association (9) with, the substantial holder in relation t0 v0ting jnterests in the company or scJreme 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 lnvestment Mgt P/L	L12, 139 Macquarie Street, SYDNEY NSW 2000

Signature tr PETER MANL 26/ 09 t ¹⁶ print name sagn here EY capacity COMPANY SECRETARY

DIRECTIONS

• lf there are a number 0f substantial holders with similar or related relevant interests (eg. a corporat on and its related corporations, or the manager and trustee of an equitytrust),thenamescouldbeincludedinanannexuret0theform. lftherelevantinlerests0fagroupofpersonsareessentiallysimilar,theymaybereferredt0 throughout the f0rm 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. (1)
• See the definition 0f "associate" in section 9 of the Corporations Act 2001. (21
• See the deflnition 0f "relevant interest" in sections 608 and 6718(7) ofthe Corp0rations Act 2001. (s)
• The voting shares of a company c0nstitute one class unless divided into separate classes. t+)
• The person's votes divided by the total votes in the body corporate or scheme multipiied by 100. (5)
• lnclude details of: (6)
• (a) anyrelevantagreement0rothercircumstancesbecauseofwhichthechangeinrelevantinterest0ccurred. lfsubsection6TlB(4)applies,acopyofany document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details 0f any contract, scheme or arrangement, must acc0mpany this form, together with a written statement certifying this contract, scheme or arrangement; and
• (b) any qualification of the power 0f a person t0 exercise, contr0l the exercise of, or influence the exercise of, the voting powers 0r disposal ofthe securities t0 which the relevant interest relates (indicating clearly the particular securitres to which the qualification applies).
• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001 .
• Details 0fthe 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 tn relation to that acquisition. Deta jls must be included even if the benefit is conditional 0n the happening or not of a c0nttngency. Details must be included 0fany benefit paid on behalf0fthe substantial h0lder 0r its associate in relation to the acquisitrons, even ifthey are not paid directlyt0 the person from whom the relevant inlerest was acqutreo. 0)
• lfthe substantial holder is unable to determine the identity 0fthe person (eg. ifthe relevant interest arises because of an option) write "unknown". (8)
• Give details, if appropliate, ofthe present association and any change in that association since the last substantial holding notice. (s)

NOTICE OF CHANGE OF INTERESTS OF SUBSTANTIAL SHAREHOLDER

ANNEXURE 1

STOCK: PERSEUS MINING LIMITED LIMITED

3. CHANGES IN RELEVANT INTERESTS

			CONSIDERATION CLASS & NO.
			GIVEN IN	ŏ	PERSON'S
	WHOSE RELEVANT INTEREST PERSON		RELATION TO	SECURITIES	VOTES
DATE OF CHANGE	CHANGED	NATURE OF CHANGE	CHANGE \$	AFFECTED	AFFECTED
$4 - Jul - 16$	nvestement Management Pty Ltd Share Purchase Paradice		\$1,770,896.18	3,026,006	3,026,006
$25 - Jul - 16$ $27 - Jul - 16$	nvestement Management Pty Ltd Share Sale Paradice I		\$9,777.54	17,313	17,313
	Paradice Investement Management Pty Ltd Share Purchase		\$1,211,341.20	2,048,264	2,048,264
	Paradice Investement Management Pty Ltd	Share Purchase	\$1,107,211.80	,788,480	788,480
28-Jul-16 29-Jul-16 1-Aug-16 2-Aug-16 9-Aug-16	Paradice Investement Management Pty Ltd	Share Purchase	\$635,349.27	,000,000	,000,000
	Paradice Investement Management Pty Ltd	Share Purchase	\$1,280,103.68	,000,000	,000,000
	Paradice Investement Management Pty Ltd	Share Purchase	\$112,812.51	175,000	175,000
	Paradice Investement Management Pty Ltd	Share Sale	\$15,580.82	27,109	27,109
27-Sep-16	vestement Management Pty Ltd Paradice In	Share Purchase	\$1,071,462.15	2,000,000	2,000,000

12,037,750
44,422

12,037,750
44,422

7,189,176.79
25,358.36

$\boldsymbol{\omega}$

Total Purchases
Total Sales

Total

11,993,328

11,993,328

\$7,163,818.43

4. PRESENT RELEVANT INTERESTS

Holder of Relevant Interest	Registered Holder of Securities	Person entitled to be registered as Nature of Relevant Class & No of holder	Interest	Securities	Persons Votes
Paradice Investment Management Pty Ltd National Nominees Ltd		National Nominees Ltd	nvestment Manager	14,484,928	14,484,928
Paradice Investment Management Pty Ltd JP Morgan	Nominees Aust Ltd	JP Morgan Nominees Aust Ltd	Investment Manager	13,155,599	13,155,599
Paradice Investment Management Pty Ltd HSBC Nominees Aust Ltd		HSBC Nominees Aust Ltd	Investment Manager	31,687,362	31,687,362
Paradice Investment Management Pty Ltd Citicorp Nominees Ltd		Citicorp Nominees Ltd	nvestment Manager	11,872,598	11,872,598
			TOTAL	71,200,487	71,200,487

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

$\overline{ }$

COMPANY SECRETARY
CAPACITY

C PETER MANLEY $\mathcal{Q}_t$

26/09/2016
DATE