RAND MINING LIMITED — Director's Dealing 2009

Apr 8, 2009

Rule 3.19A.2

Appendix 3Y

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 Rand Mining NL
ABN 41 004 669 658

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	Anthony Billis
Date of last notice	23 Feb 2009

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.
Date of change	$\overline{\phantom{a}}$
No. of securities held prior to change	14,000 ordinary shares
Class	Ordinary shares
Number acquired
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	14,000 cordinary shares
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	$\overline{a}$

⁺ See chapter 19 for defined terms.

$\overline{\phantom{a}}$

$\sim$ .

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Mr Billis is a director of Trans Global Capital Ltd
Date of change	9 April 2009
No. of securities held prior to change	Director – Resource Capital Ltd – 3,000,000 unlisted options exercisable at \$0.60 expiring 26 Oct 2012 Director - Tribune Resources $NL - an$ entity related to Mr. Billis - $8,317,364$ ordinary shares Lake Grace Exploration $NL - an$ entity related to Mr. Billis $-2,917,000$ ordinary shares Sierra Gold – an entity related to Mr. Billis – 2,100,000 ordinary shares Director - Resource Capital Ltd - $1,604,500$ ordinary shares Nimby Super Fund - An entity related to Mr Billis $-171,000$ ordinary shares
Class	Ordinary shares
Number acquired	7,899,584
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$1

$\sim$

⁺ See chapter 19 for defined terms.

No. of securities held after change

Director - Resource Capital Ltd $-3,000,000$ unlisted options exercisable at \$0.60 expiring 26 Oct 2012 Director – Tribune Resources $NL$ – an entity related to Mr. Billis $-8,317,364$ ordinary shares Lake Grace Exploration $NL - an$ entity related to Mr. Billis $-2,917,000$ ordinary shares Sierra Gold – an entity related to Mr. Billis – $2,100,000$ ordinary shares Director – Resource Capital Ltd – $1,604,500$ ordinary shares Nimby Super Fund - An entity related to Mr Billis $-171,000$ ordinary shares Director - Trans Global Capital Ltd- 7,899,584 ordinary shares

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

Off market trade

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

⁺ See chapter 19 for defined terms.

$\psi = \psi$ .

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

$\hat{\mathcal{A}}$

l,

$\bar{a}$

⁺ See chapter 19 for defined terms.