RAMELIUS RESOURCES LIMITED — Director's Dealing 2004

Mar 29, 2004

Ramelius Resources Limited

ACN 001 717 540

140 Greenhill Road, Unley SA 5061 GPO Box 1373, Adelaide SA 5001 DX 52003, Unley Telephone (08) 8373 6473 Facsimile (08) 8373 5917

ASX RELEASE

For Immediate Release Tuesday, 30 March 2004

General Manager The Company Announcements Office Australian Stock Exchange Limited PO Box H224 Australia Square Sydney NSW 1215

Dear Sir/Madam,

Appendix 3Y Change of Director's Interest Notices

Attached is an Appendix 3Y Change of Director's Interest Notice for each of the directors of Ramelius Resources Limited.

Yours faithfully

Dom Francese Company Secretary

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 30/9/2001.

		Name of entity Ramelius Resources Limited
ABN	51 001 717 540

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	Robert Michael Kennedy
Date of last notice	13/05/2003

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

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Via Mandurang Pty Ltd (Jointly with spouse:100% beneficial owners & directors ofholder) as Trustee for the RM KennedyFamily Trust in which RM Kennedy is one ofa class of persons who may be a beneficiary
Date of change	26/3/2004
No. of securities held prior to change	(a) 1,574,300 shares indirect via MandurangPty Ltd(b) 2,707,175 options indirect via MandurangPty Ltd(c) 1,000,000 shares indirect via Far CornersMinerals Pty Ltd (via Mandurang Pty Ltd:6.67% beneficial owner of holder) as trusteefor the RM Kennedy Family Trust in whichRM Kennedy is one of a class of personswho may be a beneficiary(d) $500,000$ options indirect as per (c) above(e) 13,400,002 shares indirect via BeachPetroleum Limited (Director & shareholderof holder and via Mandurang Pty Ltd that isalso a shareholder of the holder)

$\div$ See chapter 19 for defined terms.

(a) 3,148,600 shares indirect via Mandurang
(b) 2,707,150 options indirect via Mandurang
(c) 1,000,000 shares indirect via Far Corners
6.67% beneficial owner of holder) as trustee
for the RM Kennedy Family Trust in which
(d) $500,000$ options indirect as per (c) above
Petroleum Limited (Director & shareholder
of holder and via Mandurang Pty Ltd that is
Minerals Pty Ltd (via Mandurang Pty Ltd:

+ See chapter 19 for defined terms.

				Part 2 – Change of director's interests in contracts	N/A
--	--	--	--	------------------------------------------------------	-----

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 inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

+ See chapter 19 for defined terms.

Appendix 3Y

11 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 30/9/2001.

	Name of entityRamelius Resources Limited
IABN	51 001 717 540

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	Reginald George Nelson
Date of last notice	2/04/2003

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 inferest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	26/3/2004
No. of securities held prior to change	(a) 10,000 shares direct (jointly with spouse)(b) 5,000 options direct (jointly with spouse)(c) 1,510,000 shares indirect via AureliusResources Pty Ltd (jointly with spouse:100% beneficial owners & directors) astrustee for the Nelson Superannuation Fundof which RG Nelson is one of a class ofpersons who may be a beneficiary.(d) $2,705,000$ options indirect as per (c)above(e) 1,000,000 shares indirect via Far CornersMinerals Pty Ltd (with spouse: 6.67%beneficial owners via Aurelius Resources PtyLtd (trustee for the Nelson SuperannuationFund of which RG Nelson is one of a class ofpersons who may be a beneficiary)(f) $500,000$ options indirect as per (c) above

+ See chapter 19 for defined terms.

No. of securities held prior to change (cont.)	$(g)$ 13,400,002 shares indirect via BeachPetroleum Limited (Director & shareholderof holder and via Aurelius Resources NL thatis also a shareholder of the holder)
Class	(a) Ordinary fully paid shares(b) Options(c) Ordinary fully paid shares(d) Options(e) Ordinary fully paid shares(f) Options(g) Ordinary fully paid shares
Number acquired	110,000 Ordinary fully paid shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.11 per share
No. of securities held after change	(a) 20,000 shares direct (jointly with spouse)(b) 5,000 options direct (jointly with spouse)(c) 1,610,000 shares indirect via AureliusResources Pty Ltd (jointly with spouse:100% beneficial owners & directors) astrustee for the Nelson Superannuation Fundof which RG Nelson is one of a class ofpersons who may be a beneficiary.(d) $2,705,000$ options indirect as per (c)above(e) 1,000,000 shares indirect via Far CornersMinerals Pty Ltd (with spouse: 6.67%beneficial owners via Aurelius Resources PtyLtd (trustee for the Nelson SuperannuationFund of which RG Nelson is one of a class ofpersons who may be a beneficiary)(f) $500,000$ options indirect as per (c) above$(g)$ 13,400,002 shares indirect via BeachPetroleum Limited (Director & shareholderof holder and via Aurelius Resources NL thatis also a shareholder of the holder)Acceptance of Rights Entitlement
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back

+ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

$N/A$

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- fowhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

$\overline{\text{+ See chapter 19}}$ for defined terms.

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 30/9/2001.

Name of entityRamelius Resources Limited
IABN	51 001 717 540

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	Joseph Fred Houldsworth
Date of last notice	28/01/2004

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 relevantinterest.	N/A
Date of change	26/3/2004
No. of securities held prior to change	(a) $2,500,000$ shares direct(b) $2,000,000$ options direct(c) 1,000,000 shares indirect via Far CornersMinerals Pty Ltd (with spouse: 26.6%beneficial owners via Lone Hand &Associates Pty Ltd (trustee for theHouldsworth $&$ Moffett Family Trust) $&$directors of holder)(d) 500,000 options indirect as per (c) above(e) 20,000 shares indirect via Lone Hand $&$Associates Pty Ltd (trustee for theHouldsworth & Moffett Family Trust)
Class	(a) Ordinary fully paid shares(b) Options(c) Ordinary fully paid shares(d) Options(e) Ordinary fully paid shares

+ See chapter 19 for defined terms.

Number acquired	120,000 Ordinary fully paid shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$0.11 per share
No. of securities held after change	(a) $2,620,000$ shares direct(b) $2,000,000$ options direct(c) 1,000,000 shares indirect via Far CornersMinerals Pty Ltd (with spouse: 26.6%beneficial owners via Lone Hand $&$Associates Pty Ltd as trustee for theHouldsworth & Moffett Family Trust &directors of holder)(d) $500,000$ options indirect as per (c) above(e) 20,000 options indirect via Lone Hand $&$Associates Pty Ltd (trusteethefor
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Acceptance of Rights Entitlement

Part 2 - Change of director's interests in contracts $N/A$

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
changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation.
Interest after change

+ See chapter 19 for defined terms.