ST BARBARA LIMITED — Major Shareholding Notification 2005

Dec 14, 2005

S.C.S.H. INVESTMENTS PTY LIMITED

Southern Cross Equities

$\overline{\phantom{a}}$ :

ABN 85 108 308 023

FACSIMILE MESSAGE

T0 Australian Stock Exchange

Attention Company Announcements

1900 999 279 Fax No.

Grant Winberg From

15 December 2005 Date

Subject Form 605 St Barbara Mines Limited (SBM)

Total Pages $\overline{3}$ (including this page)

If you do not receive all the pages, please telephone immediately

This facsimile is intended only for the individual or entity named above and may contain information that is confidential and privileged. If you are not the intended recipient you must not use, distribute or copy this facsimile. If you have received this facsimile in error, please notify us immediately by telephone and destroy the original. Thank you.

Level 32 Aurora Place, 88 Phillip Street, Sydney NSW 2000 PO Box R234, Royal Exchange NSW 1225

Telephone: (612) 9231 0880 - Facsimile: (612) 9231 0588 - Internet: www.sceq.com.au - Email: general@sceq.com.au

$#$ $2/$ $\mathrel{\mathop{\mathfrak{S}}\nolimits}$

605 Page 1 of 2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

	To Company Name/Scheme St Barbara Mines Limited
ACN/ARSN	ACN 108 165 066

1. Details of substantial holder (1)

$15 - 12 - 05$ ; $14:34$

$\overline{\phantom{a}}$ :

Name	S.C.S.H. Investments Pty LimitedACN 108 308 023
ACN/ARSN (if applicable)
The holder ceased to be a substantial holder on		14/12/2005
The previous notice was given to the company on		12/12/2005
The previous notice was dated		12/12/2005

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 votingsecurities of the company or scheme, since the substantial holder was last required scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature of change (4)	Consideration givenin relation to change(5)	Class (6) andnumber ofsecurities affected	Person's votesaffected
14/12/2005	S.C.S.H.InvestmentsPtv Limited	sold	$15,410,932.97	Ordinary49,712,687	8.04%

3. Changes in association

The persons who have become associates (3) of, ceased 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 fo

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

4. Addresses

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

Name	Address
S.C.S.H. Investments PtyLimited	Level 32, 88 Phillip Street, SYDNEY NSW 2000

print name	Grant Winberg	capacity	Company Secretary
sign here		date	15/12/2005

DIRECTIONS

• $(1)$ 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 equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(2)$
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(3)$
• $(4)$ Include details of:
  • $(a)$ 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 statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

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 $(5)$ acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• (6) The voting shares of a company constitute one class unless divided into separate classes.
• $(7)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.