SAVANNAH GOLDFIELDS LIMITED — Director's Dealing 2003

Dec 29, 2003

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.

	Name of entity RENISON CONSOLIDATED MINES NL
ABN	75 003 049 714

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.

l Name of Director	Stephen Grant Bizzell
Date of last notice	22 November 2003

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
Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	Own name Director $\&$ shareholder of Bizzell Nominees Pty Ltd and beneficiary of trust that Bizzell Nominees Pty Ltd is trustee of Director of Pine Mountain Pty Ltd and beneficiary of trust that Pine Mountain Pty Ltd is trustee of Sally Diane Bizzell (wife of director)
Date of change	23 December 2003

⁺ See chapter 19 for defined terms.

No. of securities held prior to change	12,538,195 ordinary shares,
	6,978,970 partly paid ordinary shares, 32,011 convertible notes and
	6,000,000 Director Options
	held as follows:
Own name	6,000,000 Director Options
	6,500,000 ordinary shares
Director & shareholder of Bizzell	5,673,195 ordinary shares
Nominees Pty Ltd and beneficiary of trust	6,978,970 partly paid ordinary shares and 31,332 convertible notes
that Bizzell Nominees Pty Ltd is trustee of
Sally Diane Bizzell (wife of director)	365,000 ordinary shares and
	1,679 convertible notes
Class	Convertible Notes
Number acquired	161,000
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	\$161,000
No. of securities held after change	$12,538,195$ ordinary shares,
	6,978,970 partly paid ordinary shares,
	193,011 convertible notes and 6,000,000 Director Options
	held as follows:
Own name	6,000,000 Director Options 6,500,000 ordinary shares
Director & shareholder of Bizzell
	5,673,195 ordinary shares
Nominees Pty Ltd and beneficiary of trust	6,978,970 partly paid ordinary shares and
that Bizzell Nominees Pty Ltd is trustee of	31,332 convertible notes
Director of Pine Mountain Pty Ltd and	161,000 convertible notes
beneficiary of trust that Pine Mountain Pty
Ltd is trustee of
Sally Diane Bizzell (wife of director)	365,000 ordinary shares and 1,679 convertible notes
Nature of change Example: on-market trade, off-market trade, exercise of options,	Issue of Notes previously subscribed for
issue of securities under dividend reinvestment plan, participation in buy-back	at \$1 per note and approved at the 2003 Annual General Meeting.

⁺ See chapter 19 for defined terms.

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. & 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.