Platinum Asset Management provided consolidated earning guidance for the year ended June 30, 2012. Given the decline in average daily funds under management when comparing the FUM for the twelve months to June 30, 2012 relative to June 30, 2011, PTM anticipates its reported consolidated operating profit before tax for the year ended June 2012 will be between AUD 176 million and AUD 182 million. PTM reported a AUD 213.8 million consolidated operating profit before tax for the year ended June 30, 2011.