REGIS RESOURCES LIMITED — Director's Dealing 2005

May 12, 2005

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	6 May 2005

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.	Fernwaye Pty Ltd
Date of change	12 May 2005
No. of securities held prior to change	2,836,870
Class	Ordinary
Number acquired	3,300 on 6 May 2005 21,000 on 11 May 2005 310,000 on 12 May 2005
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$38,060.20
No. of securities held after change	3,171,170
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trades

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

$+$ See chapter 19 for defined terms.