REGIS RESOURCES LIMITED — Major Shareholding Notification 2006

Nov 22, 2006

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Form 605 Corporations Act 2001

Notice of ceasing to be a substantial holder

To Company Name/Schome	AEGIS RESOURCES N.L.
ACN/ARSN	009 174 761
1. Details of substantial holder (1)
NameACN/ARSN (if applicable)	Morgan Stanley & Co. International LtdNA.
The holder ceased to be asubstantial holder on	November 13, 2006

The previous notice was given to the company on The previous notice was dated

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a retovant interest (2) of the substantial holder or an associate (3) in voting securities of the company or acheme, since the substantial holder was last required to give a substantial holding natice to the company or scheme are as follows:

November 16, 2006

November 13, 2008

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,Date ofchange	Person whoserejevant interestchanaed	Nature ofchango (4)	Considerationoiven in relationto change $(5)$	$Class(6)$ andnumber ofscountiesallagted	Person's votesaffected
Movember2006	International Ltd	Shares returned intending business	13. Morgan Slanley & Co. (the ordinary course of Not Applicable (betrowedstock bottowing and tchares were returned)	78,493,504 Ordinary 76,493,504Bhares

3. Changes in association

The persons who have become associates (3) of, coased 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 of schome are as follows:

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-----------Name and ACN/ARSN (if applicable)______________________________________	Nature of associationThe procedure of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract of the contract----
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The product of the construction and the construction
.---------------------------------------_____	--------------------------------------

4. Addresses

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

Name	Address
Morgan Stanley & Co. International Limited	25 Cabol Square, Canary Whart, London E14 4QA, United Kingdom_______________________________________
	.

Signature

dina min		HHM.	THAIKUSENستعما	cacacity	COMENT Y79 R Y
sign here	---------			dste	りん

MELS_503198_1 (W2003)

00018098619

$-0.0000$