REGIS RESOURCES LIMITED — Major Shareholding Notification 2006

Apr 25, 2006

FACSIMILE

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DATE	26 April 2006	NO OF PAGES	3 (including this page)
TO.	Company AnnouncementsPlatformAustralian Stock ExchangeI imited20 Bridge StreetSYDNEY NSW 2000	FACSIMILE	1900 999 279
FROM	Geoffrey Hilton	TELEPHONE	+61 2 9947 6312
		EMAIL	geoffrey_hilton@hdy.com.au
PARTNER	Geoffrey Hilton	FACSIMILE	+61 2 9947 6999
OUR REF	3105808 (1227945_1/GAH)	YOUR REF
SUBJECT	Regis Resources NL

Dear Sirs

On behalf of Saturn IV LLC please find attached ASIC form 605 issued by Saturn IV LLC following the fact that it has ceased to be a substantial holder in Regis Resources NL.

Yours faithfully Henry Davis Yor

Geoffrey Hilton Partner

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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PREPERTY PROPERTIES PAGE 02

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 871B

Notice of ceasing to be a 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 ceased to be a
substantial holder on		3 February 2006
The previous notice was given to the company on	19 August 2005
The previous notice was dated		18 August 2005

1. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an ossociate (3) in votingsecurities of the company or scheme, since the substantial holder was last required or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven in relationto change (5)	Class (6) andnumber ofSecuritiesaffected	Person's votesaffected
3/02/06	Salum IV LL.C	Dilutionb٧share issue	Nil	29,215,000OrdinaryShares	29.215.000
3/02/06	Samuel Hecht	Dilutionbνshare issue		29.215.000OrdinaryShares	29.215.000

3. Changes in association

The persons who have become associates (3) of, deased 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 or scheme are as fo

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___Name and ACN/ARSN (if applicable)	.----Nature of association.
_________	Support Ford--

4. Addresses

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

Name	Address
- Saturn IV L.L.C	19 Howe Street, Carriage House, New Haven CT 06511 USA
Samuel Hecht	19 Howe Street, Carriage House, New Haven CT 06511 USA

Signature

print name	Samual Hecht.	CapacityMember.
sign here__	11 T A11-----	1200604oate~v---

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PREPERTY PROPERTIES.

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605 page 2/2 15 July 2001

DIRECTIONS

• $(1)$ If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related If there are a number of advancing belong with antibotive relation temporal interests (see a depletation one no relatedcorporations, or the manager and trustee of an equity trust), the names could be included in an annexu named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of Ine form.
• $(2)$ See the definition of "relevant interest" in section 608 and 671B(7) of the Corporations Act 2001.
• $(3)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(4)$ Include details of:
  • any relevant agreement or other dirsumstances because of which the change in relevant interest occurred. $(a)$ any relevant agreement of orient answerseries because of which the strange in relevant mister counts.If subcoction 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and astatement b this form, together with a written statement certifying this contract, scheme or arrangement; and
  • eny qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the votingPowers or disposal of the securities to which the relevant interest relates (indicating clearly the $(5)$ which the qualification applies).

See the definition of "relevant agreement" in section B of the Corporations Act 2001,

• $(5)$ Details of the consideration must include any and all benefits, money and other, that any person from whem a relevant interest Details of the consideration must include any and an eenergs, money and other, mat any person from whem a relevant interestwas acquired has, or may, become entitled to receive in relation to that acquisition. Details must relevant interest was acquired.
• $(6)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(7)$ Give details, if appropriate, of the prosent association and any change in that association since the last substantial holding notice.

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