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Perpetual Limited Director's Dealing 2012

Feb 6, 2012

10538_rns_2012-02-06_6457e2ac-9ba8-48c7-9e72-a28aceeaa976.pdf

Director's Dealing

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Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/9/2001.

Name of entity Perpetual Limited ABN 86 000 431 827

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Geoff Lloyd
Date of appointment 5 February 2012

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Number & class of Securities
Note: Provide details of the circumstances giving
rise to the relevant interest. 34,682 ordinary shares held by Queensland
Shares will be held by QueenslandTrustees Pty Limited as trustee for Trustees Pty Limited as trustee for Perpetual’sExecutive Share Plan
Perpetual’s Executive Share PlanandPerpetual’sLongTermIncentive Plan. Geoff Lloyd is thebeneficial holder of these shares. 32,066 ordinary shares held by QueenslandTrustees Pty Limited as trustee for Perpetual’sLong Term Incentive Plan
Vesting of these shares is conditional upon the
performance hurdles being met.

G Lloyd Appendix 3X Page 1

D12/306

Appendix 3X Initial Director’s Interest Notice

Subject to the approval of shareholders at the AGM in October 2012 the following shares will be allocated to the trustee:

Long Term Incentive (LTI):

  • An LTI of 80% of fixed remuneration provided by way of performance shares, performance rights or options as determined by the board and subject to shareholder approval, the first grant shall be made effective 1 October 2012.

  • Vesting of the LTI will be subject to meeting certain performance hurdles to be determined by the Board prior to the grant and communicated to shareholders in the Notice of Meeting of the Annual General Meeting. The performance hurdles will be measured over a three-year performance period.

Part 3 – Director’s interests in contracts

Detail of contract Nil.
Nature of interest
Name of registered holder(if issued securities)
No. and class of securities to whichinterest relates

G Lloyd Appendix 3X Page 2

D12/306