ST BARBARA LIMITED — Major Shareholding Notification 2005

Jan 26, 2005

25-JAN-2005 16:40	FROM GAM UK LTD		TO	0061292270480		P.02
$\blacksquare$	02074999114
				60.	DREE 1/2	July 2000
		Form 604
		Corporations Law Section 671B
	Notice of change of interests of substantial holder
In Company Name/Schene	St. Barbara Mines Limited
ACN/ARSN	AON 009 165 066
1. Details of substantial holder(1)
Name	St. James's Place Recovery Unit Trust				$\mathbf{r}$
ACN/ARSN (if applicable)
There was a change in the interests of the supstantial holder on	21,01,2005
The previous motion was given to the company on The previous notice was dated	27 / 07/ 2004 26/07 2004

The total number of yous attacked to all the voting shares in the company or voting interesting the substantial holder or an associate (2) had a relevant interest (3)
In when last raquired, and when now required, to give a

Class of securities (4)	Previous nation		Present notice
Ordinary	Person's votes 40,450.000	Volung nower (5) 5.652%	Person's voted 40,430,000	Voting power (5) . 136%

1. Changes in relevant interests

$\mathbf{r}$

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Particulars of each change in. or change in the nature of, a relevant interest of cha substantial holder or an associate in voting securities of the company or scheme. Since the
substantial holder was last required to give

Daue of Change	Person whose relevant impress changed	Nature of change (6)	Consideration given in relation to change (7)	Cleas and mather of Mortes affected	Person's votes afferan
	St. Jamen's Place Recovery	a decrease 1ñ the company's	Nil	40,430.000	40,430,000
	Unit Trust	IBBLIEF EFTERT Capital

4. Present relevant interests

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Particulars of each relevant interest of the susstantial holder in vating securities after the change are as follows:

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Holder of Informat ITEL	Registered holder of SECURIES	Person engitled to be replacered 25 holder (B)	Napre of Disvant Wares (B)	Class and number of secrities	Person's votes
	St. James e Place Recovery Unit Trust		Owner	40.430,000	40,430,000

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25-JAN-2005 16:40 FROM GAM UK LTD

02074999114

TO 0061292270480

DILLECTOR OF SAM LONDON

P.03

604 page 2/2 July 2000

5. Changes in expociation

The persons who have become associates (2) of, caused to be associates of, or have changed the nature of their association (9) with, the substantial holder in ralation to voting interests in the company or scheme are as follows:

$\pmb{\lambda}$

Name and ACN/ARSN (if applicable)	Nature of association
Not Applicable

C. Addressed

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

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Name	Address
St. James's Place		(St. James's Place Unit Trust Group Limited
Recovery Unit Trust		i St. Jawes's Place House, Iblian Street, Cinemposter,
		Gloupesterghire, G.7 240, IK

Signature

	MENTHE MECHANE TITMAN	UNCY LIMITED; INVESTMENT MANAGEL
n hare	Mel M	TO THE FUN $60025' + 105$

DIRECTIONS

• $\bf{a}$ If more are a number of substantial holders with smillin or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an in the securities in analysis interests who arrive is realist to the experience of a search conserved, it are insider and tracted in an interest in an interest in an interest in the fact in an interest in the fact in the f lam.
• $\overline{a}$ See the definition of "associate" in section 9 of the Corporations Law.

$\Omega$ See the definition of "relevant interest" in sections 508 and 6718(7) of the Corporations Law.

$\langle 4 \rangle$ The voting shares of a company constitute are class unless divided into separate classes.

6 The parson's votes divided by the total votes in the body corporate or serience multiplied by 100.

• C) Include details of:
• a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any any restaurant approximate of such constants and research many security of the contractive securities in the such approximates of the contract substitution of the contract substitution of the contract substitution of the c
• ${\bf m}$ inty qualification of the power of a person to castica, conrol the exercise of, or influence tre exercise of, the voting powers or disposal of the securities to
  which the relevant interest relates (indicating clearly the

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

Details of the consideration must include any and all bunefits, morey and other, that any person from whom a newer interest was acquired has, or may, becoming
entitled to receive in relation to the acquisition. Details may $\mathbf{D}$ the relevant interest was acquired.

Đ Give details. If appropriate, of the present association and any change in that essociation since the last substantial holding notice.

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鱼 If the substantial holder is unable to determine the identity of the parson (eg. If the relevant interest arises because of an option) write "unknown".