REGIS RESOURCES LIMITED — Director's Dealing 2004

Dec 21, 2004

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	Regis Resources N.L.
ABN	28 009 174 761

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	G M Folie
Date of last notice	7 September 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

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Fernwaye Pty Ltd
Date of change	22 December 2004
No. of securities held prior to change	Nil
Class	Ordinary
Number acquired	500,000
Number disposed	$\overline{\phantom{0}}$
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$25,000
No. of securities held after change	2,300,000
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan,participation in buy-back	Pursuant to shareholderapprovalreceived at AGM on 30 November 2004

+ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

+ See chapter 19 for defined terms.