SANDFIRE RESOURCES LIMITED — Director's Dealing 2015

Jun 15, 2015

Appendix 3Y

Rule 3.19A.2

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	3 December 2014

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	1. Resource Development Company Pty Ltd (ATFResource Development Discretionary Trust) –Director and beneficiary.
relevant interest.	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	10 June 2015
No. of securities held prior to change	1. 1,886,786 fully paid ordinary shares.
	2. 2,568,199 fully paid ordinary shares; and133,334 unlisted options expiring 15/6/2015.
	3. 1,554,750 fully paid ordinary shares.
Class	As above.
Number acquired	2. 133,334 ordinary fully paid shares as a result ofthe exercise of unlisted options expiring 15 June2015.
Number disposed	2. 133,334 ordinary fully paid shares.

+ See chapter 19 for defined terms.

Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Acquired: $666,670Disposed: $687,082
No. of securities held after change	1. 1,886,786 fully paid ordinary shares.2. 2,568,199 fully paid ordinary shares.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: 133,334 ordinary fully paid shares issuedon the exercise of unlisted options expiring 15 June2015 at $5.00 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 changeNote: Details are only required for a contract in relation towhich the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

+ See chapter 19 for defined terms.

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.