ST BARBARA LIMITED — Major Shareholding Notification 2003

Jul 29, 2003

02074999114

$\pmb{\Lambda}$

P.03

page 1/2 15 July 2001 605

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	ST. BAREARA MINES	LIM IE0
ACR/ARSN
1. Dotalls of substantial holder(?)
Name ACN/ARSN (If applicable)	GATO INTERNATIONAL GROWTH FUND
The holder ceased to be a substantial holder on	24/07/2003
The previous notice was given to the company on The previous notice was dated	18, 63, 12003 18/03/2003

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the
substantial holder was last required

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes d /ected
24-07-208	GANI INTERNATIONAL	SALE	xΛ	COMMON	.099
	GROLLTH FLND			30630.000

3 Changes in association

The persons who have become associates [3] of, caased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting Interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
MPLICARLE N 61

4. Addressos

The addresses of persons named in this form are as follows:

Name	Address
GROWTH INTERNATIONAL GAM	PLACE $TAMEC$ ' $S$ Clo
Fund	S LJ 1A I N Y LUNDON
	ENOLAKD

Signature

print name MECANIE 717MAN	capacity カ/LE CTコル
sign here from TC	$_{\text{data}}$ 21 / 0 2 / 03

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605 page 2/2 15 July 2001

DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and lis related corporations, or the manager and trustee of an
equity trust), the names could be included in an ann $(1)$ throughout the form as a specifically named group if the membership of earth group. With the remember and addresses of members is clearly set out in paragraph 4 of the form.

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See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $\boldsymbol{c}$

• See the definition of "associate" in section 9 of the Corporations Act 2001. D)
• Include details of: $(4)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any
  document setting out the terms of any relevant agreement, and a statemen Ы arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a parson to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securitics to
  which the relevant interest relates (molicating clearly the ω,

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has or may, become
  entitled to receive in relation to that acquisition. Decais mus $\mathbf{S}$ included of any benefit paid on behalf of the substantial holder or list associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• The voting shares of a company constitute one class unless divided into separate classes. Ю
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $\boldsymbol{a}$

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603 page 1/2 15 July 2001

Form 603

Corporations Act 2001

Section \$71B

Notice of initial substantial holder

In Company Name/Scheme		ST. BARBARA MINES LIMITED
ACN/ARSN
1. Details of substantial holder (1) Name ACN/ARSN (If applicable)		GAM UK DIVERSIFIED FUND
The holder became a substantial holder on		24/07/2003

The holder became a substantial holder on

2. Details of voting power

The total number of votes accided to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a
relevant interest (3) in on the date the substantial holder

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Common	225.	000	045

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securides on the date the substantial holder became a substantial holder are as follows:

	Holder of relevant interest		Nature of relevant interest (7)	Class and number of securities
SEE	ANNEXURE A - FART I

d. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of sacurities	Person entitled to be registered as holder (8)	Class and mimber of securities
SEE ANNEXURE A - PART I

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest		Data of acquisition	Consideration (9)		Class and number of scourities
			Cash	Non-cash
SEE	ANNEXURE	PART

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603 page 2/2 15 July 2001

C. Associatos

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
APPLICABLE NO 1

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
UK DIVERSIFIED GAM	JAMES'S PLACE ST. $\mathbf{L}$ C I O
FUND	INX LONDDN, SU19
	ENGLAND

Signature

	print name MCLANIE TITMAN	capachy DIAECTSA
sign here	Aul The	date $29/0$ ) $/0$

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg a corporation and its related corporations, or the manager and trustee of an in years are a named in Securition readers with primative reaction inversion by a comparitive and instant companions, when instant and western of the equity trial), the name can in a state in a state of the equity trial), $\langle 0 \rangle$ form.
• See the definition of "associate" In section 9 of the Corporations Act 2001, Ø)
• See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. $\begin{array}{c} \text{(3)}\ \text{(4)} \end{array}$
• The voting shares of a company constitute one class unless divided into separate classes. $\langle 0 \rangle$
• The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant $(5)$ interest in
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. 6

Include details of: $\sigma$

• any relevant agreement of other circumstances by which the relevant interest was acquired. If subsection 6718(4) applies, a copy of any document setting our
  the torms of any relevant agreement, and a statement by the perso ÍЫ
• any qualification of the power of a person to exercise, control the exercise of, of influence the exercise of, the voting powers or ulsposal of the socurities to
  which the relevant interest relates (indicating clearly the D)

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• If the substantial holder is unable to determine the identity of the person (eg. If the relevant interest arises because of an option) write "unknown". (B)
• Decads of the consideration must include any and all bonefits, money and other. that any person from whom a relevant interest was acquired has, or may, become Θ) included of any benefit paid on behalf of the substantial indider or its associate in relations of the manufacture in the conditions or manufacture in the impediate the conditions. Details must be entitled to receive in re the relevant interest was acquired.

C.N. Cemporary Interret FileSOLK I ITD4603-St. Barbara Mines(app.A)-24 Jul. 031.doc

$\pmb{\mathcal{N}}$ ý, Name: Metuvit Trrivar
Dale: 1917-4 100)

29-JUL-2003

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Holder of Relevant Interest	Date of Acquisition	Consideration	$C$ lass a lud No. of securitic
GAM UK Diversified Func	COOZ APT LO	AUD340,000.00	8,500,0 Common 000 shares
GAM UK Diversified Fund	24 July 2003	AUD1,258,080.00	Common 26,210 000 shares

This is ameaure A of one page referred to in
Form 603 (Notice of Initial Substantial Holder)

Annexure A

Part I

Holder of Relevant Interes	Nature of Relevant Interest	Class and No. of Securities	Securit Registe ūes
GAM UK Diversified Fund	Investment Func	34,710,000 shares Common	Bank of lew York

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