ASX:MFG - Change of Director's Interest Notice - John Eales

Appendix 3Y Change of Director's Interest Notice

Appendix 3Y

Rule 3.19A.2

Change of 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 30/09/01 Amended 01/01/11

Name of entity	Magellan Financial Group Limited
ABN	59 108 437 592
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
the director for the purposes of section 205G of the Corporations Act.
Name of Director		John Eales
Date of last notice		11 December 2020

Part 1 - Change of director's relevant interests in securities

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest			Direct and indirect
Nature of indirect interest			Superannuation Fund
(including registered holder)		Family Trust
Note:	Provide	details	of	the
circumstances giving rise to the relevant
interest.
Date of change				15 January 2021
No. of securities held prior to	77,616 Ordinary Shares in (ASX: MFG)
change					221,500 Units in Magellan High Conviction Trust (ASX: MHH)
					306,115 Units in Magellan Global Fund (Closed Class) (ASX:
					MGF)
Class					Units in Magellan High Conviction Trust (ASX: MHH)
Number acquired				3,434 Units in Magellan High Conviction Trust (ASX:MHH)
Number disposed				N/A
Value/Consideration			$1.4520 per Unit in Magellan High Conviction Trust
Note: If consideration is non-cash, provide details and	(ASX:MHH)
estimated valuation

+ See chapter 19 for defined terms.	Appendix 3Y Page 1
01/01/2011

Appendix 3Y

Change of Director's Interest Notice

No. of securities held after change	77,616 Ordinary Shares in (ASX: MFG)
	224,934 Units in Magellan High Conviction Trust
	(ASX: MHH)
	306,115 Units in Magellan Global Fund (Closed
	Class) (ASX: MGF)
Example:Natureonof-marketchangetrade,off-market trade, exercise of options,	Units issued under the DRP
issue of securities under dividend reinvestment plan, participation
in buy-back

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

	Detail of contract	N/A
	Nature of interest	N/A
	Name of registered holder	N/A
	(if issued securities)
	Date of change	N/A
	No. and class of securities to which	N/A
	Note: Details are only required for a contract in
	interes related prior to change
	relation to which the interest has changed
	Interest acquired	N/A
	Interest disposed	N/A
	Note: If consideration is non-cash, provide details	N/A
	Value/Consideration
	and an estimated valuation
	Interest after change	N/A
	Part 3 - +Closed period
	Were the interests in the securities or contracts detailed	N/A
	above traded during a +closed period where prior written
	clearance was required?
	If so, was prior written clearance provided to allow the	N/A
	trade to proceed during this period?
	If prior written clearance was provided, on what date was	N/A
	this provided?
	20 January 2021
	Authorised by
	Marcia Venegas | Company Secretary
	+ See chapter 19 for defined terms.		01/01/2011
	Appendix 3Y Page 2