SIMS LIMITED — Director's Dealing 2008

May 15, 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	JOHN T. DiLACQUA
Date of last notice	17 March 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	Direct interest
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	12 and 13 May 2008
No. of securities held prior to change	61,500 options to acquire American Depositary Shares
Class	See above
Number acquired	61,500 American Depositary Shares acquired pursuant to the exercise of options
Number disposed	15,000 American Depositary Shares on 12 May 2008 and 46,500 American Depositary Shares on 13 May 2008
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	USD$2,098,991

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

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No. of securities held after change Nil
Nature of change Exercise of options and on-market trade of
Example: on-market trade, off-market trade, exercise of options, issue of American Depositary Shares
securities under dividend reinvestment plan, participation in buy-back
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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.

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Detail of contract N/A
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and 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
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• See chapter 19 for defined terms.

Appendix 3Y Page 2

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