RIMFIRE PACIFIC MINING LIMITED — Director's Dealing 2004

Oct 5, 2004

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	RIMFIRE PACIFIC MINING NL
IA BN	59 006 911 744

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	GRAHAM BILLINGHURST
Date of last notice	2 July 2004

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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect inferest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant inferest.	Mrs Denise Billinghurst G&D Billinghurst (Colhurst Super Fund) Warcoll Holdings Pty Ltd Interest as director and beneficiary
Date of change	6 October 2004
No. of securities held prior to change	Mrs Denise Billinghurst 68,704 ordinary shares & 25,764 OP7 options G&D Billinghurst (Colhurst Super Fund) 1,004,963 ordinary shares, 2,000,000 OP8 options, 308,679 OP7 options Warcoll Holdings Pty Ltd 2,741,152 ordinary shares & 516,000 OP7 options
Class	Ordinary Shares
Number acquired	Warcoll Holdings Pty Ltd 177,778 ordinary shares

⁺ See chapter 19 for defined terms.

Number disposed	Nil
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Ordinary shares \$0.0275 cents each
No. of securities held after change	Mrs Denise Billinghurst 68,704 ordinary shares & 25,764 OP7 options G&D Billinghurst (Colhurst Super Fund) 1,004,963 ordinary shares, 2,000,000 OP8 options & 308,679 OP7 options Warcoll Holdings Pty Ltd 2,918,930 ordinary shares & 516,000 OP7 options
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	177,778 shares – off market

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of 'notifiable interest of a director" should be disclosed in this part.

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.

$+$ See chapter 19 for defined terms.