REGIS RESOURCES LIMITED — Major Shareholding Notification 2005

Aug 18, 2005

FACSIMILE

DATE	19 August 2005	NO OF PAGES	3 (including this page)
TO.	Company Announcements Platform Australian Stock Exchange Limited 20 Bridge Street SYDNEY NSW 2000	FACSIMILE	1900 999 279
FROM	Georgina Gillingham	TELEPHONE	+61 2 9947 6496
		EMAIL	georgina_gillingham@hdy.com.au
PARTNER	Geoffrey Hilton	FACSIMILE	+61 2 9947 6999
OUR REF	3105808 (1083305 1/GRG)	YOUR REF
SUBJECT	Regis Resources NL

Dear Sirs

On behalf of Saturn IV LLC and in accordance with Chapter 6C of the Corporations Act 2001, please find attached ASIC Form 603 issued by Saturn IV LLC.

Yours faithfully Henry Davis York

Henry During

Attach

Facsimile Confidentiality and Privilege Notice

This facsimile is intended only to be read or used by the addressee. It is confidential and may contain legally privileged information. If you are not the intended recipient any use, distribution, disclosure or copying of this facsimile is strictly prohibited. Confidentiality and legal privilege attached to this communication are not waived or lost by reason of the mistaken delivery to you. If you have received this facsimile in error, please notify us immediately.

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08/18/2005 18:32 2037770571

SATURN RENTALS

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To: Company Name/Scheme REGIS RESOURCES N.L. ACN/ARSN 009 174 761

1. Details of substantial holder (1)

Name SATURN IV L.L.C ACN/ARSN (if applicable) N/A

The holder became a substantial holder on 17 August 2005

1. Details of voting power

The total number of votes atlached 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 on the date the substantial shareholder become a substantial shareholder are as follows:

Class of securities (4)	Number of securities Persons' votes (5)		Voting power (6) ----
Ordinary Shares	29.215.000 ordinary 29.215.000	$- - -$	S 23 %
$\cdots$	shares (fully paid)	$-1$

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Satum IV L.L.C	Saturn IV L.L.C is the legal and beneficial owner of the shares having acquired them by off-market purchase	29.215.000 ordinary shares (fully pád)
Samue Hecht	As the sole member of Satum IV LLC Samuel Hecht is deemed (gursuant to section 608(3) of the Corporations Act) to have the relevant Interest that Saturn IV LLC has	29.215.000 ordinary shares (fully paid)

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	enlitted to. - De Person registered as holder (8)	Class and number of securities
Satum IV L.L.C.	Salum IV L.L.C	Satum IV L.L.C	29.215.000 ordinary shares (fully paid)

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant Interest	Dale of acquisition 1110 2010 1 100 2020 1	Consideration (9)		Class and number of securities
		Cash	Non-cash
Saturn IV L.L.C.	17 August 2005	\$2,021,500	MA	29,215,000 ordinary shares (fully paid)

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08/18/2005 18:32 2037770571 SATURN RENTALS

$\hat{\mathbf{r}}$

	Samuel Hechi	17 August 2005		N/A	N۸	29.215.000 ordinary shares (fully paid)
6 Associates
	The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows: Name and ACN/ARSN (if applicable)			Nature of association
	Samuel Mecht					Samuel Hecht is the sole member of Saturn IV LLC and is
				the Corporations Act 2001		deemed to be an associate pursuant to section 12(2)(c) of
7. Addresses
	The addresses of persons named in this form are as follows:
	Name		Address
	Satum IV LLC		a			Hour 56. Cantur Hour MA of	// "ز60
	Samuel Hecht					19 Howe Street, Carriage House, New Haven, CT 08511, USA
Signature
	print name	Samuci Hechi			Capacity Member
	Sign here				oate⊽	/2005
(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 7 of the form.			DIRECTIONS
(2)	See the definition of "associate" in section 9 of the Corporations Act 2001.
(3)	See the definition of "relevant interest" in sections 608 and 67 (B(7) of the Corporations Act 2001.
(4)	The voting shares of a company constitute one class unless divided into separate classes.
(5)	The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
(6)	The person's votes divided by the lotal votes in the body corporate or scheme multiplied by 100.
(7)	Include details of:
	$\left( a\right)$ any relevant agreement or other circumslances by which the relevant interest was acquired. If subsection 6716(4) applies, a copy of any document setting out the terms of any relovant 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
	(5) which the qualification applies).					ony 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
	See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
$8$	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)	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 substanted holder or its associate in rolation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired,
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