RAND MINING LIMITED — Major Shareholding Notification 2008

Apr 8, 2008

Form 604 Corporations Law 671B Notice of change in interests of substantial holder

To: Company Name/Scheme: Rand Mining NL

ACN/ARSN [092 304 964]

1. Details of substantial holder[(1)]

Tribune Resources NL

name

ACN/ARSN (if applicable) 009 341 539

There was a change in the interests of the substantial holder on 9 April 2008.

The previous notice was given to the company on 8 April 2005.

The previous notice was dated 8 April 2005.

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate[(2)] had a relevant interest[(3)] in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities(4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Ordinary Shares	7,293,997	17.98%	8,317,364	20.50%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whose relevantinterest changed	Nature of change(6)	Considerationgiven in relation tochange(7)	Class and numberof securitiesaffected	Person's votesaffected
9/4/2008	Tribune Resources NL	Share Transfer	$163,698.25	205,571Ordinary Shares	205,571Ordinary Shares

Page 1 of 3

FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

	Holder of relevantinterest	Registered holderof securities	Person entitled to beregistered as holder(8)	Nature of relevant interest(6)	Class and numberof securities	Person's votes
	TribuneResources NL	TribuneResources NL	Tribune ResourcesNL	Registered Holder &	8,317,364	8,317,364OrdinaryShares
Beneficial HolderOrdinary Shares5. Changes in association				Beneficial Holder	Ordinary Shares

5. Changes in association

The persons who have become associates[(2)] of, ceased to be associates of, or have change the nature of their association[(9)] with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

6. Addresses

The addresses of persons named in this form are as follows:

	Name		Address
	Rand Mining NL		Suite G1, 49 Melville Parade, South Perth WA 6151
	Tribune Resources NL		Suite G1, 49 Melville Parade, South Perth WA 6151

Signature

print name Gordon Sklenka

capacity Director

sign here

==> picture [90 x 38] intentionally omitted <==

date 9 April 2008

Page 2

FORM 604 NOTICE OF CHANGE OF SUBSTANTIAL SHAREHOLDER

DIRECTIONS

(1) If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

(2) See the definition of "associate" in section 9 of the Corporations Law.

(3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Law.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

(5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

  • (a) any relevant agreement or other circumstance because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Law.

(7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

(8) If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write "unknown".

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Page 3