SAVANNAH GOLDFIELDS LIMITED — Director's Dealing 2004

Oct 19, 2004

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	175 003 049 714

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	19 February 2004

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 Securities registered in the name of Tricom Nominees Pty Ltd as nominee (beneficially owned by myself, Bizzell Nominees Pty Ltd as trustee and Pine Mountain Pty Ltd as trustee). 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	8 October 2004

⁺ See chapter 19 for defined terms.

⁺ See chapter 19 for defined terms.

No. of securities held after change	13,214,323 ordinary shares (RSN), 6,758,970 partly paid ordinary shares (RSNCD), 213,403 convertible notes (RSNG) and 6,000,000 Director Options held as follows:
Own name	6,000,000 Director Options
Director & shareholder of Bizzell Nominees Pty Ltd and beneficiary of trust that Bizzell Nominees Pty Ltd is trustee of Tricom Nominees Pty Ltd (as nominee, holdings beneficially owned by Stephen Grant Bizzell, Pine Mountain Pty Ltd as trustee and Bizzell Nominees Pty Ltd as trustee)	2,361,482 ordinary shares 6,758,970 partly paid ordinary shares and 14,854 convertible notes 10,497,841 ordinary shares 196,695 convertible notes
Sally Diane Bizzell (wife of director)	355,000 ordinary shares and 1,854 convertible notes
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of Convertible Notes under Interest Reinvestment Plan. Also change in registered holder for securities now registered in the name of Tricom Nominees Pty Ltd (no change in beneficial ownership).

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

⁺ See chapter 19 for defined terms.

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.