ST BARBARA LIMITED — Director's Dealing 2006

Apr 11, 2006

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	St Barbara Limited
ABN	36 009 165 066

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	Mr Henderson Gilbert Tuten
Date of last notice	9 February 2006
Date of this notice	12 April 2006

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinferest.	Partner of Resource Capital Funds ManagementLLC, a management company that has day to daymanagement of Resource Capital Fund II LP andResource Capital Fund III LP
Date of change	27 March 2006
No. of securities held prior to change	83,662,230 ordinary shares
Class	Ordinary Shares
Number acquired	100.000,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation-	$7,000,000.00
No. of securities held after change	183.662,230 ordinary shares

+ See chapter 19 for defined terms.

Nature of change	Conversion of Resource Capital Fund $7M
Example: on-market trade, off-market trade, exercise of options, issue of [Convertible Note as detailed in an ASXsecurities under dividend reinvestment plan, participation in buy-back	announcement by St Barbara Limited on 27 March2006.

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	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation.to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: H'consideration is non-cash, provide details and anestimated valuation
Interest after change

+ See chapter 19 for defined terms.