SANDFIRE RESOURCES LIMITED — Director's Dealing 2009

Jul 30, 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	WILLIAM JOHN EVANS
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	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Trustee and beneficiary
Date of change	31 July 2009
No. of securities held prior to change	1. Direct – 1,200,000 unlisted director optionsexp 12/07/20132. Indirect – 1,200,000 unlisted director optionsexp 12/07/2013 (WJ Evans and CMT Boynton(WilliamJohn Evans Superannuation Fund))
Class	As above
Number acquired	120,000 ordinary f/p shares
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$72,000

• 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. Direct – 1,200,000 unlisted directors options exp 12/07/2013 2. Indirect – WJ Evans and CMT Boynton (William John Evans Superannuation Fund) 1,080,000 unlisted director options exp 12/07/2013 120,000 ordinary f/p shares Nature of change Shares issued on exercise of unlisted director Example: on-market trade, off-market trade, exercise of options, issue of options at 60 cents each 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.

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----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002