SIMS LIMITED — Director's Dealing 2008

Sep 30, 2008

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 SIMS GROUP LIMITED ABN 69 114 838 630

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	CHRISTOPHER JOHN RENWICK
Date of last notice	1 July 2008

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 interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Shares acquired by Simsmetal ExecutiveStaff Superannuation Pty Limited ABN 95069 238 937 as trustee of the Sims GroupDeferred Tax Director and Employee SharePlan.
Date of change	30 September 2008
No. of securities held prior to change	1,444
Class	Ordinary
Number acquired	893
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$25,004
No. of securities held after change	2,337

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

Nature of change Participation in Non-Executive Directors Example: on-market trade, off-market trade, exercise of options, issue of Share Plan (on-market trade). securities under dividend reinvestment plan, participation in buy-back

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 co	Detail of co
	Detail of co	ntract		Nil
	Nature of i	nterest
	Name of re(if issued se
		gistered holdercurities)
	Date of cha	nge
	No. andwhich intechangeNote: Details are oto which the intere	class of securitierest related prionly required for a contract in	s tor torelation
		st has changed
	Interest acq	uired
	Interest dis	posed
	Value/ConsNote: If consideraan estimated valua	iderationtion is non-cash, provide detion	tails and
	Interest aft	er change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002