SANDFIRE RESOURCES LIMITED — Major Shareholding Notification 2011

Feb 13, 2011

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme SANDFIRE RESOURCES NL (the company) ACN/ARSN 105 154 185

1. Details of substantial holder (1)

Name OZ MINERALS LIMITED GROUP (See Annexure ‘A’) ACN/ARSN (if applicable) There was a change in the interests of 2 February 2011 the substantial holder on The previous notice was given to the company on 2 July 2010 The previous notice was dated 2 July 2010

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power(5)	Person's votes	Voting power(5)
Ordinary Shares	25,865,555	19.89%	28,021,018	18.89%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities	Person's votes affected
2 February 2011	OZ Minerals Limited Group	Dilution in net voting power of the OZ Minerals Group due to shares being issued by Sandfire Resources NL upon the exercise of options as previously disclosed by Sandfire (this dilution was preceded by a small increase in voting power of the Group due to the allocation of 2,155,463 shares to OZ Minerals Investments Pty Ltd under the rights issue during November 2010).	$14.2 million	2,155,463 ordinary fully paid shares	Reduction in the voting power of the OZ Minerals Group from 19.89% to 18.89%.

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder(8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
OZ Minerals Limited Group	OZ Minerals Investments Pty Ltd	OZ Minerals Investments Pty Ltd	Shares held directly by OZ Minerals Investments Pty Ltd.	28,021,018 ordinary shares	18.89%

5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN(if applicable)	Nature of association
REFER ANNEXURE ‘B’	REFER ANNEXURE ‘B’

6. Addresses

The addresses of persons named in this form are as follows:

	association ho have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to in the company or scheme are as follows: Name and ACN/ARSN(if applicable) Nature of association REFER ANNEXURE ‘B’ REFER ANNEXURE ‘B’ of persons named in this form are as follows:	association ho have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to in the company or scheme are as follows: Name and ACN/ARSN(if applicable) Nature of association REFER ANNEXURE ‘B’ REFER ANNEXURE ‘B’ of persons named in this form are as follows:	association ho have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to in the company or scheme are as follows: Name and ACN/ARSN(if applicable) Nature of association REFER ANNEXURE ‘B’ REFER ANNEXURE ‘B’ of persons named in this form are as follows:
	Name		Address
	OZ Minerals Limited		Level 10, 31 Queen Street, Melbourne, Victoria 3000
	OZ Minerals Investments	Pty Ltd	Level 10, 31 Queen Street, Melbourne, Victoria 3000
Signature (1) If there an equ referre paragr (2) See th (3) See th (4) The vo (5) The pe (6) Includ (a) (b) See th (7) Details becom Details the pe (8) If the s (9) Give d

“A” THIS IS ANNEXURE MARKED “A” REFERRED TO IN THE NOTICE OF CHANGE OF INTERESTS OF SUBSTANIAL HOLDER OF SANDFIRE RESOURCES NL A.C.N 105 154 185

1. Details of Substantial Holder

The substantial holder is the ‘OZ Minerals Limited Group’ which includes OZ Minerals Limited (ACN 005 482 824) and the following entities that are controlled by OZ Minerals Limited:

Company Name	Australian Company Number	Country
Australian Subsidiaries
Minotaur Resources Holdings Pty Ltd	091 525 343	Australia
OZ Exploration PtyLtd	137626 914	Australia
OZ MineralsAgincourtHoldingsPtyLtd	123 900738	Australia
OZ Minerals Agincourt Pty Ltd	088 174 565	Australia
OZ MineralsEquityPtyLtd	129 012 273	Australia
OZ Minerals Finance (Holdings) Pty Ltd	125 581 740	Australia
OZ MineralsFinancePtyLtd	125 590 936	Australia
OZ Minerals GoldenGrove (Holdings)PtyLtd	114868254	Australia
OZ Minerals GroupTreasuryPtyLtd	082932 116	Australia
OZ MineralsHoldingsLimited	101657309	Australia
OZ Minerals International (Holdings) Pty Ltd	066 088 159	Australia
OZ MineralsInvestmentsPtyLtd	127603 605	Australia
OZ Minerals Martabe Pty Ltd	119 655 506	Australia
OZ MineralsProminentHillOperationsPtyLtd	091546 691	Australia
OZ MineralsProminentHill PtyLtd	091504 497	Australia
OZ MineralsRelianceExploration PtyLtd	098 917 732	Australia
OZ Minerals Superannuation PtyLtd	007 261609	Australia
OZ Minerals Zinifex Holdings Pty Ltd	130 335 545	Australia
ZRUSHoldingsPtyLtd	108169 642	Australia
International Subsidiaries
OZ Minerals (Cambodia)Limited		Cambodia
OZ MineralsEuropeLimited		Channel Islands
OZ MineralsInsurancePteLtd		Singapore
OZ Minerals Mexico SA de CV		Mexico
Souvannaphoum ResourcesPteLtd		Singapore

Print Name: Francesca Lee

Capacity: COMPANY SECRETARY

Sign Here …………………..

Date: 14 February 2011

“B”

THIS IS ANNEXURE MARKED “B” REFERRED TO IN THE NOTICE OF CHANGE OF INTERESTS OF SUBSTANIAL HOLDER OF SANDFIRE RESOURCES NL A.C.N 105 154 185

5. Changes in Association

Company Name	Australian Company Number	Country
Entities that have become associates:
Not applicable.
Entities that have become and then later ceased to be associates:
Not applicable.
Entities that have ceased to be associates:
ZinifexUK(Holdings)Ltd		UnitedKingdom
ZinifexUK Ltd		UnitedKingdom

Print Name: Francesca Lee

Capacity: COMPANY SECRETARY

Sign Here …………………..

Date: 14 February 2011