SANDFIRE RESOURCES LIMITED — Director's Dealing 2013

May 30, 2013

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. Amended 01/01/11.

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	KARL MATTHEW SIMICH
Date of last notice	20 December 2012

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 therelevant interest.	1. Resource Development Company Pty Ltd (ATFResource Development Discretionary Trust) –Director and beneficiary.2. Tongaat Pty Ltd (ATF Blue Seas Trust) –Director and beneficiary.3. Kape Securities Pty Ltd (ATF Blue Seas SuperFund)–Trustee and beneficiary.
Date of change	31 May 2013
No. of securities held prior to change	1. 1,886,786 fully paid ordinary shares.2. 1,768,199 fully paid ordinary shares;800,000 unlisted options expiring 12/7/2013; and600,000 unlisted options expiring 27/11/2014.3. 1,554,750 fully paid ordinary shares.
Class	As above.
Number acquired	2. 800,000 ordinary fully paid shares as a result ofthe exercise of unlisted options expiring 12 July2013.
Number disposed	Nil.

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$800,000
No. of securities held after change	1. 1,886,786 fully paid ordinary shares.2. 2,568,199 fully paid ordinary shares; and600,000 unlisted options expiring 27/11/2014.3. 1,554,750 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back	800,000 ordinary fully paid shares issued on theexercise of unlisted options expiring 12 July 2013 at$1.00 per share.

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.

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Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No. above traded during a +closed period where prior written clearance was required? If so, was prior written clearance provided to allow the N/A trade to proceed during this period? If prior written clearance was provided, on what date N/A was this provided?

• See chapter 19 for defined terms.

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