SANDFIRE RESOURCES LIMITED — Director's Dealing 2014

Oct 27, 2014

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	31 May 2013

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	23 October 2014 and 27 October 2014
No. of securities held prior to 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.
Class	As above.
Number acquired	2. 200,000 ordinary fully paid shares as a result ofthe exercise of unlisted options expiring 27November 2014.
Number disposed	2. 200,000 ordinary fully paid shares.

• 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 andestimated valuation	Acquired: $932,000Disposed: $1,136,672
No. of securities held after change	1. 1,886,786 fully paid ordinary shares.2. 2,568,199 fully paid ordinary shares; and400,000 unlisted options expiring 27/11/2014.3. 1,554,750 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy-back	Acquired: 200,000 ordinary fully paid shares issuedon the exercise of unlisted options expiring 27November 2014 at $4.66 per share; andDisposed: On market sale.

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

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a +closed period where priorwritten clearance was required?	No.
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what datewas this provided?	N/A

• See chapter 19 for defined terms.

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