ST BARBARA LIMITED — Director's Dealing 2009

Dec 16, 2009

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	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 DirectorDate of last notice	Mr Colin Wise23 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 interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	IndirectMr Wise has a beneficial interest in the followingentities which have transacted in St Barbara shares,Colin Wise Consulting Pty Ltd SuperannuationFund, Ruco Nominees Pty Ltd and ProfessionalFunds Management.
Date of change	11 and 14 December 2009
No. of securities held prior to change	6,463,724 fully paid ordinary shares
Class	Fully paid ordinary shares
Number acquired	1,988,836 fully paid ordinary shares subscribed forpursuant to a 4 for 13 Accelerated Non-Renounceable Pro Rata Entitlement Offer at $0.27per share.
Number disposed	1,616,230 fully paid ordinary shares sold by ColinWise Consulting Pty Ltd Superannuation Fund torebalance investment portfolios, at an average saleprice of approx $0.303 per share.

• See chapter 19 for defined terms.

Appendix 3Y Page 1

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Appendix 3Y Change of Director’s Interest Notice

Appendix 3YChange of Director’s Interest Notice	Appendix 3YChange of Director’s Interest Notice
			r bribd fr thrh
Value/Consideration		$53698572 id fr h	r bribd fr thrh
Note: If consideration is non-cash, provide details and estimated valuation		,. pa o sthe 4 for 13 Accelerat	aes susce o ouged Non-Renounceable Pro
		Rata Entitlement Offer a	t $0.27 per share.
		$489,900.02 proceeds fr	om shares sold on market.
	$47,085.70 net increase in funds invested.
No. of securities held after change	6,836,330 fully paid ordinary shares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Participation in Accelerated Non-Renounceable ProRata Entitlement Offer announced on 11 November2009.Sale of fully paid ordinaryshares on market.

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.

==> picture [441 x 311] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

• See chapter 19 for defined terms.

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