RAND MINING LIMITED — Director's Dealing 2009

Feb 22, 2009

Appendix 3Y Change of Director’s Interest Notice

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	9 April 2008

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	‐
Date of change	‐
No. of securities held prior to change	14,000 ordinary shares
Class	‐
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 ordinary shares

• See chapter 19 for defined terms.

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30/9/2001

Appendix 3Y Change of Director’s Interest Notice

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

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	20 February 2009
No. of securities held prior to change	Director ‐ Resource Capital Ltd ‐ 3,000,000 unlisted options exercisable at $0.60 expiring 26 October 2012 Director ‐ Tribune Resources NL – 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 ordinaryshares
Class	‐
Number acquired	‐
Number disposed	‐
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	‐

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change

Director ‐ Resource Capital Ltd ‐ 3,000,000 unlisted options exercisable at $0.60 expiring 26 October 2012 Director ‐ Tribune Resources NL – 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

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

‐

Part 2 – Change of director’s interests in contracts

N/a

• See chapter 19 for defined terms.

Appendix 3Y Page 3

30/9/2001