SANDFIRE RESOURCES LIMITED — Major Shareholding Notification 2016

Jul 25, 2016

Form 605

Corporations Law Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Sandfire Resources NL
ACN/ARSN	105 154 185
1. Details of substantial holder (1)
Name	JCP Investment Partners Ltd
ACN (if applicable)	085 400 540
The holder ceased to be asubstantial holder on	22/07/2016
The previous notice was given to the company on	15/03/2016
The previous notice was dated	15/03/2016

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 ofchange	Person whoserelevant interestchanged	Nature ofchange $(4)$	Considerationgiven in relationto change $(5)$	Class $(6)$ andnumber ofsecuritiesaffected	Person's votesaffected
			REFER ANNEXURE A

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN (if applicable)	Nature of association
N/A

4. Addresses

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

Name	Address
	JCP Investment Partners Level 23, Bourke Place, 600 Bourke
Ltd	Street, Melbourne VIC 3000 Australia

Signature

print name	Paul Joyce	capacity	Company Director
sign here	ann	date	26/07/2016

As at 22nd July 2016

AS AL ZZIIU JUIV ZU ID
Entity	Instruments	Type of transaction	Ccy	Consideration	Quantity	Total Positions	Issued ShareCapital	% Owned
Trades from 14th March to 22nd July 2016					9,240,132	157,324,918	5.87%
JCP	Sandfire Resources NL	Sale	AUD	1,332,010.28$-S$	$-230,366$
JCP	Sandfire Resources NL	Sale	AUD	1.727.817.52-S	$-300,000$
JCP	Sandfire Resources NL	Purchase	AUD	S989.363.20	192,000
JCP	Sandfire Resources NL	Purchase	AUD	S1.109.548.05	213,000
JCP	Sandfire Resources NL	Purchase	AUD	156.162.35	28,700
JCP	Sandfire Resources NL	Sale	AUD	3.047.971.35$-S$	$-500,000$
JCP	Sandfire Resources NL	Sale	AUD	1.935.540.32l-S	$-317,357$
JCP	Sandfire Resources NL	Sale	AUD	760,782.65	$-125,000$
JCP	Sandfire Resources NL	Transfers			$-456.878$
Balance as at 22nd July 2016					7,744,231	157,324,918	4.92%

$\overline{\phantom{a}}$

"JCP" = JCP Investment Partners Ltd

Jan 8 su

$\langle \hat{e} \rangle$

Paul JoyceCompany Director26/07/2016

			Number of
Holder of Relevant Interest	Registered Holder of Securities	Class	Securities
JCP Investment Partners Ltd	BNP Paribas Nominees Pty Limited	Fully Paid Ordinary	751,592
JCP Investment Partners Ltd	JPMorgan Nominees Australia Ltd	Fully Paid Ordinary	360,108
JCP Investment Partners Ltd	National Nominees Limited	Fully Paid Ordinary	219,408
JCP Investment Partners Ltd	HSBC Custody Nominees (Australia) Limited	Fully Paid Ordinary	4,776,073
JCP Investment Partners Ltd	UBS Pty Ltd	Fully Paid Ordinary	1,637,050
			7,744,231

ambsu

Paul Joyce Company Director 26/07/2016