Microsoft Word - Appendix_3Y_160616_LN 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 Platinum Asset Management Limited (the Company)

ABN 13 050 064 287

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

Elizabeth Norman

Date of last notice

29 April 2015

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

Nature of indirect interest (including registered holder)

Note: Provide details of the circumstances giving rise to the relevant interest.

ShaneLiz Pty Ltd ATF Elizabeth Ann Norman Family Trust Elizabeth Norman is a director of ShaneLiz Pty Ltd

Norblew Pty Ltd Elizabeth Norman is a director of Norblew Pty Ltd

Date of change

23 June 2016

No. of securities held prior to change

Direct

259,551 fully paid ordinary shares Indirect

377,953 fully paid ordinary shares held by ShaneLiz Pty Ltd

129,244 fully paid ordinary shares held by Norblew Pty Ltd

Class

Deferred Rights to receive the Company's shares. These shares will have been purchased on-market by the Platinum Employee Share Trust prior to exercise by the employee.

Number acquired

48,623 Deferred Rights

Number disposed

Nil

Value/Consideration

Note: If consideration is non-cash, provide details and estimated valuation

Nil

Elizabeth Norman's 2016 deferred bonus of $300,000 was translated into 48,623 Deferred Rights pursuant to the Platinum Asset Management Limited Deferred Bonus Plan.

The number of rights was calculated by dividing the bonus amount by the Volume Weighted Average Price of the Company's shares, for the seven (7) trading days prior to grant date.

Appendix 3Y Page 1

Appendix 3Y Change of Director's Interest Notice

No. of securities held after change

Direct

259,551 fully paid ordinary shares 48,623 Deferred Rights

Indirect

377,953 fully paid ordinary shares held by ShaneLiz Pty Ltd

129,244 fully paid ordinary shares held by Norblew Pty Ltd

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back

Issue of Deferred Rights pursuant to the Platinum Asset Management Limited Deferred Bonus Plan.

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

Nature of interest

Name of registered holder (if issued securities)

Date of change

No. and class of securities to which interest related prior to change

Note: Details are only required for a contract in relation to which the interest has changed

Interest acquired

Interest disposed

Value/Consideration

Note: If consideration is non-cash, provide details and an estimated valuation

Interest after change

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?

No

If so, was prior written clearance provided to allow the trade to proceed during this period?

If prior written clearance was provided, on what date was this provided?

Appendix 3Y Page 2

Platinum Asset Management Limited published this content on 28 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 June 2016 03:35:01 UTC.

Original documenthttps://www.platinum.com.au/Documents/Shareholders/PTM_ASX_Releases/Appendix_3Y_160628.pdf

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