SANDFIRE RESOURCES LIMITED — Director's Dealing 2009

Aug 16, 2009

Appendix 3Y Change of Director’s Interest Notice

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	SANDFIRE RESOURCES NL
ABN	55 105 154 185

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	JOHN RALSTON HUTTON
Date of last notice	27/6/2008

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	INDIRECT
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	1. Faustus Nominees Pty Ltd – director andbeneficiary2. JCO Investments Pty Ltd – director andbeneficiary3.MathryPtyLtd–director
Date of change	12/8/2009
No. of securities held prior to change	1. 5,676,822 ord shares1,000,000 opts exp 30/9/20112. 114,286 ord shares300,000 opts exp 12/7/2013
Class	Ord shares
Number acquired	3. 500,000
Number disposed	1. 500,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$870,000

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 1. 5,176,822 ord shares 1,000,000 opts exp 30/9/2011 2. 114,286 ord shares 300,000 opts exp 12/7/2013 3. 500,000 ord shares Nature of change Off-market transfer between intra-related

Example: on-market trade, off-market trade, exercise of options, issue of companies. securities under dividend reinvestment plan, participation in buy-back

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.

Appendix 3Y Page 2

11/3/2002