SOUTHERN HEMISPHERE MINING LIMITED — Director's Dealing 2010

Jan 12, 2010

Rule 3.19A.1

Appendix 3X

Initial 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: SOUTHERN HEMISPHERE MINING LIMITED

ARBN: 140 494 784

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	TREVOR TENNANT
Date of appointment	17 DECEMBER 2007

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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.

Number & class of securities

Ordinary Shares $-1,791,873$

Options $-2,013,441$

⁺ See chapter 19 for defined terms.

Part 2 – Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest	Number & class of Securities
Note: Provide details of the circumstances giving rise to the relevant interest
Skylife Nominees Pty Ltd (Director related superannuation fund)	Ordinary Shares $-7,508,294$ Warrants $-375,000$
Trevor Tennant as Trustee for the Tennant Family Trust (Trustee)	Ordinary Shares $-3,862,880$
Tennant Family Trevor Trust (Member of family trust)	Ordinary Shares $-2,396,540$

Part 3 – 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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

⁺ See chapter 19 for defined terms.