RAMELIUS RESOURCES LIMITED — Director's Dealing 2003

Apr 1, 2003

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 RAMELIUS RESOURCES LIMITED
ABN	001 717 540

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	ROBERT MICHAEL KENNEDY
Date of appointment	1/11/95

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

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.

Number & class of securities

$Ni₁$

⁺ See chapter 19 for defined terms.

Appendix 3X Initial Director's Interest Notice

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 Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.
Mandurang Pty Ltd (jointly with spouse : 100% beneficial owner & directors of holder) as trustee for the RM Kennedy Family Trust in which RM Kennedy is one of a class of persons who may be a beneficiary	1,502,150 ordinary shares (held in escrow for 24 months from 31/3/2003). 2,701,075 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007 (held in escrow for 24 months from 31/3/2003). 12,150 ordinary shares 6,075 options over ordinary shares exercisable at 20 cents and expiring on $31/12/2007$
Far Corners Minerals NL (Mandurang Pty Ltd: 6.67% beneficial owner of holder) as trustee for the RM Kennedy Family Trust in which RM Kennedy is one of a class of persons who may be a beneficiary	1,000,000 ordinary shares (held in escrow for 24 months from 31/3/2003). 500,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007 (held in eserow for 24 months from 31/3/2003).
Beach Petroleum Limited (Director & shareholder of holder and via Mandurang Pty Ltd that is also a shareholder of the holder)	7,500,002 ordinary shares (held in escrow for 24 months from 31/3/2003). 7,500,000 ordinary shares 3,750,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007

Part 3 - 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 (if issued securities)	N/A

⁺ See chapter 19 for defined terms.

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Appendix 3X
Initial Director's Interest Notice

and class of securities to $\sqrt{\text{N/A}}$ No.
which interest relates

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⁺ See chapter 19 for defined terms.

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	RAMELIUS RESOURCES L LIMITED
ABN	001 717 540

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	JOSEPH FRED HOULDSWORTH
Date of appointment	18/2/2002

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

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

Number & class of securities

2,500,000 ordinary shares (held in escrow for 24 months from 31/3/2003).

2,000,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007 (held in escrow for 24 months from 31/3/2003).

⁺ See chapter 19 for defined terms.

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Appendix 3X Initial Director's Interest Notice

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 Note: Provide details of the circurestances giving rise to the relevant interest.	Number & class of Securities
Far Comers Minerals NL (with spouse: 26.66% beneficial Hand owners via Lone - 82 Associates Pty Ltd as trustee for the Houldsworth & Moffett Family Trust & directors of holder)	1,000,000 ordinary shares (held in escrow for 24 months from $31/3/2003$ ). 500,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007 (held in escrow for 24 months from 31/3/2003).

Part 3 - 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	$\overline{\text{N/A}}$
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.

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 RAMELIUS RESOURCES LIMITED
ABN	001 717 540

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	REGINALD GEORGE NELSON $\cdots$
Date of appointment .	1/11/93

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

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.

Number & class of securities

Nil

⁺ See chapter 19 for defined torms.

Appendix 3X Initial Director's Interest Notice

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	Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.
Reginald George & Susan Margaret Nelson	10,000 ordinary shares. 5,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007.
Aurelius Resources Pty Ltd (jointly with spouse: 100% beneficial owner & directors of holder) as trustee for the Nelson Superannuation Fund of which RG Nelson is one of a class of persons who may be a beneficiary.	1,500,000 ordinary shares (held in escrow for 24 months from 31/3/2003). 2,700,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007 (held in escrow for 24 months from 31/3/2003). 10,000 ordinary shares. 5,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007.
Far Corners Minerals NL (Aurelius Resources Pty Ltd: 6.67% beneficial owner of holder) as trustee for the Nelson Superannuation Fund of which RG Nelson is one of a class of persons who may be a beneficiary.	1,000,000 ordinary shares (held in escrow for 24 months from 31/3/2003). 500,000 options over ordinary shares exercisable at 20 cents and expiring on 31/12/2007 (held in escrow for 24 months from 31/3/2003). 7,500,002 ordinary shares (held in escrow for 24 months from 31/3/2003). 7,500,000 ordinary shares. 3,750,000 options over ordinary shares
Beach Petroleum Limited (Director & shareholder of holder and via Aurelius Resources NL that is also a shareholder of the holder)	exercisable at 20 cents and expiring on 31/12/2007.

Part 3 - Director's interests in contracts

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

⁺ See chapter 19 for defined terms.

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Appendix 3X
Initial Director's Interest Notice

N/A
N/A
N/A
N/A

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⁺ See chapter 19 for defined terms.