Resolute Mining Limited — Director's Dealing 2005

Jun 2, 2005

Rule 3.19A.2

Appendix 3Y

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	RESOLUTE MINING LIMITED
ABN	39 097 088 689

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	Peter Ross Sullivan
Date of last notice	28 March 2003

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 and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Hardrock Capital Pty Ltd (an entity controlledby Mr Sullivan)
Date of change	3 June 2005
No. of securities held prior to change	372,750 fully paid ordinary shares$2,000,000$ employee options to subscribe forResolute Mining Limited fully paid ordinaryshares with an exercise price of 42 centseach and an expiry date of 10 December2006449,250 options to subscribe for ResoluteMining Limited fully paid ordinary shares withan exercise price of 80 cents each and anexpiry date of 11 June 2005

+ See chapter 19 for defined terms.

Class	Fully paid ordinary shares
Number acquired	449,250
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	$359,400
No. of securities held after change	822,000 fully paid ordinary shares2,000,000 employee options to subscribe forResolute Mining Limited fully paid ordinaryshares with an exercise price of 42 centseach and an expiry date of 10 December2006
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy-back	Exercise of Options

Part 2 - Change of director's interests in contracts

+ See chapter 19 for defined terms.

Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, providedetails and an estimated valuation
Interest after change

+ See chapter 19 for defined terms.