ST BARBARA LIMITED — Major Shareholding Notification 2003

Mar 19, 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 The Company has received the attached Substantial Shareholder Notice from Global Asset Management, London indicating that they are the beneficial shareholder of 30,630,000 shares which is equal to 7.944% of the current issued capital.

Yours faithfully,

Alan Rule Company Secretary

19 March 2003

.,

GLOBAL ASSET MANAGEMENT

+44 (0) 20 7499 9114

FACSIMILE

AVS//position)

DATE: 18 March 2003

FAX NO: 00 61 8 9476 5500

TO-

OF COMPANY: St Barbara Mines Ltd, 16 Ord Street, WA6005, Australia

$\frac{1}{2}$

FROM: Andrea Stevenson

SUBJECT: Form 603

MESSAGE:

Please find attached the signed Form 603 (Notice of Initial substantial Holder) and the Annexure A in regard to St Barbara Mines Limited.

GAM International Growth Fund currently holds more than 7% of issued share capital of St Barbara Mines Ltd.

If you have any queries, please do not hesitate to contact me.

Best regards,

Jeterprope

Andrea Stevenson Compliance Administrator

Number of pages to follow: 3

If this message has not been properly received please contact: Andrea Stevenson on +44 (0) 20 7493 9990 extension: 2296 Fax No: +44 (0) 20 7499 9114

tø'd

803
	ይხეო 1/2 15 July 2001

Corporations Act 2001 Section 67th

Notice of initial substantial holder

In Congany Name/Scheme

ST. BARBARA MIKES LIMITED

ACN/ARSN

1. Details of substraini holder (1)

Name

ACN/ARSN @ acollective

GAM INTERNATIONAL GROWTH FUND

$12/13/2003$

The holder bisings a substantial holder on

2. Details of voting power

— ————————————————————————————————————

Class of securities (4)
	Musabut al securions	Person's votes (S)	Volding conver as
' I'm 9 O.V	553,303
		D. DOQ .10

1. Details of relations impressive

The nature of the interest interest the substantial holder or an exacter had in the following valing assuming solution the automobility became a substantial
Indian are as follows:

- SEZ	Class and number of adoptives

4. Datalis of province registered holdings

The paradox registered as holders of the securities referred to in paragraph 3 shows are as follows:

Holder of retenant 水泥田	Registered holder of saudes	Person existed to be regionand as holder dis-	Class and remote ದೆ ಅಂತಿಗಳಿಂದ
SEL ANNZXUKE A PART I

5. Canaldetaken

The considerator paid for each relevant interns caferns to in paramaph 3 above, and acquired in the Four months prior to the day that the substantial holder became a
sustential holder is as follows:

Holder of relevant nta cu	Pete of acquisition	Consideration (ii)	Class era, number "
SEE RNN CAURE	'N.	रद्धा Adriadi	of temptes
	$-10$

O,

603 page 2/2 15 July 2001 8. Associates The reasons the persons its intert in paragraph 3 above are associated of the substantial holder are as follows; Nerm and ACN/ARSN (if applicable) Nature of association APPLICARLE Not 7. Addresses The addresses of possors named in this ratin are as follows: Name Address INTERNATIONAL 60m cle t. ςŗ. JAm Es's PLACE GROW TH ዂእ) LENDEN $S$ $H$ $R$ $\overline{MX}$ UNITED KIMMIN $\mathcal{L}^{\mathcal{A}}$ Sinnature print name GOOD AS A CASE sign here dote Þ $O₁$ DIRECTIONS if there we a number of substantial holders with similar or related related to he as approximation of the more
equity that), the names sould be included in an oriential or be a material of a similar of persons are orientia $\langle 1|$ Ø See the definition of "associate" in section 9 of the Corporations Act 2001. 毋 See the definition of "relevant interest" in sections (int mid 67:8(7) of the Corporations Add 2001. The voting shares of a company constitution one class unless divided like superson classes. $\left\langle 0\right\rangle$ The total number of yours anached to all the young shares in the company or young knows? In the molecule (it any) that the person or an associate have reloyant ij. 囿 The person's volus divided by the total volus in the body corporate or scheme multiplied by \$00. $\overline{a}$ fratiale details of: sens on
Eny layers agreement of other circuit because by which the relevant increasing to separation of religions. In the second section of our second section of the decompany of the decompany of the decompany of the secon þj any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of the securities to relation to the securities to relation of the securities to
which the relevant interest relate Ò. See the definition of "relevant agreement" in socion 9 of the Corporations Act 2001. If the substantial holder is proble to determine the identity of the person (eg. if the rations interest of the because of an option) write "unknown". 栖 Details of the consideration must include any and all benefits, money and other, fluxt any person from a milevant interest was acquired has, or may, become
emitted to receive in relation to that acquisition. Details the to Ū. allered is reveal an colleg in a set entirely receive used on the second interestion consequently a less a completed. Second like received in the received of the second like received in the received of the second interest the relevant interest was acquired,

80SS91t681900 01

OUT AN UK TID WD2H LI:BT S002-AUW-BT

Lard

֖֖֖֖֧ׅ֧ׅ֧ׅ֧ׅ֧֧֧֧֧֚֚֚֚֚֚֚֚֚֚֚֚֚֚֡֝֝֓֕֝֝֬֝֬֝֬֝֬֝֬֝֓֝֬֜֝֬֝֬֝֬֝֬֝֬ j er of Refevan.	lature of Relevant	Lines and No. of Securitive	aggistared Holder of
	John's Hutterman Party	30,630,000 shares QUITEDED	Bank of New York

Part II

nterest Rolder of Relevant L	Date of Acquisition	Consideration	Class and No. of accuration
GAM International Growth Fond	122 May 2002	AUD1,054,600.00	15,273,000 shares Common
GAM International Growth Fund 10 March 2003		AUD130,645.00	1,537,000 shares Common
GAM International Gr	owth Fund 13 March 2003	AUD939,760.00	13,820,000 shares CommonO

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

Name:
Date:

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ਅ:੧ ⊯101

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