REGIS RESOURCES LIMITED — Director's Dealing 2006

Oct 23, 2006

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	14 August 2006

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	23 October 2006
No. of securities held prior to change	3,681,170 ordinary shares 900,000 options expiring 25 November 2010 1,000,000 options expiring 31 October 2012
Class	Ordinary shares
Number acquired	218,830
Number disposed	$\overline{a}$
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$24,071.30

⁺ See chapter 19 for defined terms.

No. of securities held after change	3,900,000 ordinary shares 900,000 options expiring 25 November 2010 1,000,000 options expiring 31 October 2012
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 trade

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.