ST BARBARA LIMITED — Director's Dealing 2003

Nov 30, 2003

ST BARBARA MINES LIMITED

ACN 009 165 066

ASX SHAREHOLDERS REPORT

Enquiries regarding this report may be directed to:

Stephen W. Miller

Executive Chairman Telephone $(08)$ 9476 5555 Overseas +61 8 9476 5555 or Colin G. Jackson Investor Relations Telephone 0417 929 107

St Barbara Mines Limited Level 2, 16 Ord Street West Perth Western Australia 6005 Telephone (08) 9476 5555 Overseas +61 8 9476 5555

Board of Directors

Mark K. Wheatley has been appointed to the Board as a non-executive director.

Mr M. K. Wheatley BE, MBA graduated as a chemical engineer and enjoyed a seventeen year career with BHP in various capacities.

More recently, he held the Corporate Development role at Goldfields Ltd, and then AurionGold Limited until it was acquired by Placer Dome in late 2002.

He is currently CEO, Southern Cross Resources Inc, a Toronto listed junior uranium company with exploration tenements and a development project in South Australia.

The appointment of Mr Wheatley, as a nominee of Resource Capital Funds ("RCF"), follows shareholder approval at the Annual General Meeting for a debt-for-equity swap resulting in RCF becoming St Barbara's largest shareholder.

Mr Brian Speechly, a non-executive director since July 1997, has retired from the Board. The composition of the Board remains one executive director and three non-executive directors.

It is the Company's intention to appoint a non-executive Chairman in the near future.

Yours faithfully,

Stephen W. Miller Executive Chairman

1 December 2003

Appendix 3X

Rule 3.19A.1

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 St Barbara Mines Limited
ABN	36 009 165 066

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	Mr Mark Wheatley
Date of appointment	28 November 2003

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

1,000,000 Unlisted Options exercisable at \$0.11 (11 cents) per option which expire on 31 December 2005 (Options). 500,000 Options vest on appointment as a director. 250,000 Options vest after 6 months service on the board. The balance vest after 12 months service on the board.

⁺ 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	Number & class of Securities
interest Note: Provide details of the circumstances giving rise to the relevant interest.	1,000,000 Unlisted Options exercisable at \$0.11 (11 cents) per share and expiring on 31 December
Resource Capital Fund II L.P. (RCFII). RCFII has agreed with the director to transfer up to 1,000,000 Options on the terms described above.	2005 as described above.

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	Resource Capital Fund H L.P. and the director
Nature of interest	Options vest upon completion of periods of service with the board as described above.
Name of registered holder (if issued securities)	Resource Capital Fund II L.P.
and class of securities No. ŧо which interest relates	1,000,000 Unlisted Options exercisable at \$0.11 (11 cents) per share and expiring on 31 December 2005 as described above

$+$ See chapter 19 for defined terms.

Appendix 3Z

Rule 3.19A.3

Final 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	St Barbara Mines Limited
JABN	36 009 165 066

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Gordon Brian Speechly
Date of last notice	10 January 2002
Date that director ceased to be director	1 December 2003

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

20,000 ordinary shares

500,000 options (each to subscribe for one fully paid ordinary share in the capital of the Company) exercisable at \$0.40 and expiring 31 December 2004.

$+$ See chapter 19 for defined terms.

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

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.

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 Note: Provide details of the circumstances giving rise to the relevant interest	Number & class of securities

Part 3 – Director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

$+$ See chapter 19 for defined terms.