RAND MINING LIMITED — Major Shareholding Notification 2010

Jan 26, 2010

Form 605
	Corporations Act 2001 Section 671B
Notice of ceasing to be a substantial holder
To Company Name/Scheme	Rand mining NL
ACN/ARSN	658 669 004
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	Sierra Gold Hd
The holder ceased to be a substantial holder on	27/01/10
The previous notice was given to the company on The previous notice was dated	1011109 10111109

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the
substantial holder was last required

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
$27 - 110$	$L \cap U$	% decreased u	a number of	2100000	OQ - 0- O
	X U	Rignie 15500 I Ю		Pald нlЫ

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
---------	__ .

4. Addresses

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

Name	Address
مستد -64 び -671 ⊷	diam'r. ₩ $\cdot$ N $\mathcal{L}$ 6.4 ✓ . 6 V أتما o. $\sim$
N) kana $10^{\circ}$ M 11 I G _	0 A 0e ້ $\alpha$ 6 I H 'Uli - 10 -64 £5 w bet l コレロー ヘ $\sim$ ು∪ n . U

Signature

print name		DIPECTOC capacity
sign here		date $27$ $1$ $1$ $2$ $20$ $2$ $3$
	with the company of the

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 If there are a number or substantial moders with similar or related relevant interests by. a corporation and its related corporations, or the manager and utstead or equity trust), the names could be included in an annexure the form.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(2)$
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(3)$
• $(4)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any $(a)$ 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
• 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 $(b)$

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• 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 $(5)$ 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 aven if the benefit is conditional on the whom the relevant interest was acquired.
• $(6)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(7)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.