Perpetual : Appendix 4D

20 February 2020

ASX Limited

ASX Market Announcements Office

Exchange Centre

20 Bridge Street

Sydney NSW 2000

Perpetual Half Year Financial Results

The following announcements to the market are provided:

• Appendix 4D
  1H20 ASX Announcement
  1H20 Results Briefing
  Half Yearly Report and Accounts
  Operating and Financial Review - 31 December 2019

Yours faithfully,

Chris Green

Company Secretary

(Authorising Officer)

Perpetual Limited

ABN 86 000 431 827

Angel Place,

Level 18, 123 Pitt Street

Sydney NSW 2000

Australia

Phone [phone] www.perpetual.com.au

Page 1

	Perpetual Limited
20 February 2020	ABN 86 000 431 827
	Angel Place
	Level 18, 123 Pitt Street
The Manager	Sydney NSW 2000 Australia
Company Announcements	GPO Box 4172
Australian Securities Exchange Limited
Sydney NSW 2001 Australia
20 Bridge Street
Sydney NSW 2000	Telephone [phone]
	Facsimile 02 9232 8936
	www.perpetual.com.au
Dear Sir / Madam
Perpetual Limited - Half Year Report (Appendix 4D) for the period ended 31 December 2019.

The Directors of Perpetual Limited (the "Company") announce the reviewed results of the consolidated group for the period ended 31 December 2019 as follows:

	Results for announcement to the market		$'000		%
	Extracted from 31 December 2019 Half Year Financial Report			Movement
	Revenue from ordinary activities excluding income from structured investments (1)		252,660		1%
	Net profit after tax attributable to equity holders of Perpetual Limited		51,568		-14%
	Underlying net profit after tax excluding significant items attributable to equity		56,191		-7%
	holders of Perpetual Limited

• Structured investments revenue totalled $2,176,000 (31 December 2018: $3,962,000).

	Dividend information			Amounts per		Franked			Tax Rate for
			Share		amounts per
								Franking
				(cents)		Share (cents)
	Interim dividend per share (to be paid 27 March 2020)	105	105				30%
	Final dividend dates
	Ex-dividend date						4	March 2020
	Record date							5	March 2020
	Payment date						27	March 2020
	Net tangible assets				31-Dec-19				31-Dec-18
	Net tangible assets per security			$5.97			$6.43

Dividend Reinvestment Plan (DRP)

The Perpetual Board has determined that in relation to the 2020 interim dividend the DRP will operate as follows:

• The allocation price at which shares are allocated will not include a discount;
• The pricing period for setting the Average Market Price will be the 10 trading days commencing 9 March 2020 and ending 20 March 2020; and
• Shares allocated under the DRP will, from the date of Allocation, rank equally in all respects with existing Shares.

The DRP discount and other terms are reviewed prior to each dividend payment and the DRP terms that will apply to future dividends will be announced to the ASX at the relevant times.

The DRP terms that apply to the dividend, and a complete copy of the DRP Rules, can be found within the Shareholder Centre section of Perpetual's website at https://www.perpetual.com.au/About/Shareholdersand select Dividend Reinvestment Plan.

Last Election Date for Participation in the 2020 Interim Dividend DRP

If shareholders wish to participate in the DRP for the upcoming dividend, or to change their level of participation, they must complete a DRP Participation Notice and return it to Perpetual's share registry, Link Market Services, by no later than 5:00pm, Australian Eastern Standard Time, on 6 March 2020.

The remainder of the information requiring disclosure to comply with listing rule 4.2A is contained in the statutory financial report, media release and additional information.

Further information regarding Perpetual and its business activities can be obtained by visiting the company's website at www.perpetual.com.au.

Yours faithfully

Christopher Green

Chief Financial Officer