SAVANNAH GOLDFIELDS LIMITED — Director's Dealing 2007

Oct 14, 2007

Appendix 3Y Change of Director’s Interest Notice

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.

Name of Director	Stephen Grant Bizzell
Date of last notice	16 July 2007

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
Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest.	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 ANZ Nominees Ltd, Tricom Nominees Pty Ltd and Chimaera Capital Ltd as nominees (beneficially owned by myself, Sally Bizzell (wife), Bizzell Nominees Pty Ltd as trustee and Pine Mountain Pty Ltd as trustee). SallyDianeBizzell(wife ofdirector)
Date of change	10 October 2007

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change Bizzell Nominees Pty Ltd as trustee ANZ Nominees Ltd, Tricom Nominees Pty Ltd and Chimaera Capital Ltd (as nominees, holdings beneficially owned by Stephen Grant Bizzell, Sally Diane Bizzell (wife), Pine Mountain Pty Ltd as trustee and Bizzell Nominees Pty Ltd as trustee) SallyDianeBizzell(wife ofdirector)	32,602,026 ordinary shares(RSN), 6,658,970 partly paid ordinary shares (RSNCG),2,047,437 convertible notes (RSNGB), and15,818,798 convertible notes(RSNGC) held as follows: 250,027 ordinary shares 219,300 partly paid ordinary shares, 5,546 convertible notes (RSNGB) 32,321,999 ordinary shares 6,439,670 partly paid ordinary shares 2,041,891 convertible notes (RSNGB) and 15,818,798 convertible notes (RSNGC) 30,000 ordinary shares
Class	Ordinary Shares (RSN) and October 2007 Convertible Notes(RSNGC)
Number acquired	94,613,511 Ordinary Shares (RSN)
Number disposed	15,818,798 convertible notes (RSNGC) – upon conversion
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Interest and Conversion of RSNGC Convertible Notes to Ordinary Shares at $0.04046 cents pershare
No. of securities held after change Bizzell Nominees Pty Ltd as trustee ANZ Nominees Ltd, Tricom Nominees Pty Ltd and Chimaera Capital Ltd (as nominees, holdings beneficially owned by Stephen Grant Bizzell, Sally Diane Bizzell (wife), Pine Mountain Pty Ltd as trustee and Bizzell Nominees Pty Ltd as trustee) SallyDianeBizzell(wife ofdirector)	127,215,537 ordinary shares(RSN), 6,658,970 partly paid ordinary shares (RSNCG), and2,047,437 convertible notes(RSNGB) as follows: 250,027 ordinary shares 219,300 partly paid ordinary shares, 5,546 convertible notes (RSNGB) 126,935,510 ordinary shares 6,439,670 partly paid ordinary shares and 2,041,891 convertible notes (RSNGB) 30,000 ordinary shares

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Interest and Conversion of RSNGC Convertible Notes to Ordinary Shares at $0.04046 cents pershare

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.

Appendix 3Y Page 3

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