SANDFIRE RESOURCES LIMITED — Board/Management Information 2013

Mar 12, 2013

Sandfire R e sources NL ABN 55 105 154 185 Level 1, 31 Ventnor Ave, W est Perth Western Australia 6005 Phone: +61 8 6430 3800 Fax: +61 8 6430 3849 Email: info@sandfire. c om.au Web: www.sandfire.com.au

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ASX/Media Release 13 March 2013

MANAGEMENT CHANGES

Sandfire Resources NL (ASX : SFR : “Sandfire”) advises that Martin Reed has resigned as Chief Operating Officer of the Company t o pursue another opportunity in the West Au s tralian mining sector.

Sandfire’s Managing Director and CEO, Karl Simich, said: “On behalf of the Board, I would like to express my thanks to Martin for his significant contribution, initially as Pro j ect Manager during the construction and development of th e DeGrussa Project and more recently as C h ief Operating Officer.

“As Project Manager, Martin led the team which successfully brought th e DeGrussa Project into production on time and on budget. We wish him success in his future endeavo u rs.”

Sandfire intends to appoint a new Chief Operating Officer with a strong back g round and experience in operational management and has commenced an executive search process.

“With the DeGrussa operation com p leting its ramp-up to full production over the next few months, we see this as an appropriate time in the C ompany’s evolution to further strengthen o u r management team with the appointment of a new COO wh o will work closely with our existing operatio n s and commercial teams as Sandfire moves into its next cha p ter of growth.” Mr Simich said.

ENDS

For further information contact: Sandfire Resources NL Read Corporate Karl Simich – Managing Director/CEO Mobile: +61 419 929 046 (Nichol a s Read) Office: +61 8 6430 3800 Mobile: +61 421 619 084 (Paul Armstrong)

Forward-Looking Statements

Certain statements made during or in conne c tion with this statement contain or comprise certain for w ard-looking statements regarding Sandfire’s Mineral Resources and Reserves, e x ploration operations, project development operations, prod u ction rates, life of mine, projected cash flow, capital expenditure, operating costs and other economic performance and financial condition as well as general market outlook. Although Sandfire believes that the expectatio n s reflected in such forward-looking statements are reaso n able, such expectations are only predictions and are subject to inherent risks an d uncertainties which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or proj e cted in any forward looking statements and no assurance c a n be given that such expectations will prove to have been correct. Accordingly, re s ults could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic a n d market conditions, delays or changes in project devel o pment, success of business and operating initiatives, changes in the regulatory e n vironment and other government actions, fluctuations in me t als prices and exchange rates and business and operational risk management. Exc e pt for statutory liability which cannot be excluded, each of S a ndfire, its officers, employees and advisors expressly disclaim any responsibility f o r the accuracy or completeness of the material contained in this statement and excludes all liability whatsoever (including in negligence) for a ny loss or damage which may be suffered by any person as a consequence of any information in this statement or any error or omission. Sand f ire undertakes no obligation to update publicly or release an y revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events other than required by the Corporations Act and ASX Listing Rules. Accor d ingly you should not place undue reliance on any forward looking statement.