ST BARBARA LIMITED — Major Shareholding Notification 2011

Nov 6, 2011

NUVEEN INVESTMENTS 2049 CENTURY PARK EAST, 17TH FLOOR LOS ANGELES, CA 90067

TO:

FROM:

Nuveen Investments Sharon Castro Legal/Compliance Phone: 310.552.5114 Fax: 310.228.5972 sharon.castro@nuveen.com

DATE:

COVER:

8

4 NOVEMBER 2011

FAX NUMBER:

Australian Stock Exchange

011 61 2 9347 0005

REFERENCE:

FORM 604 Notice of change in interests of substantial shareholder pertaining to Tradewinds Global Investors, LLC position in St. Barbara Limited.

TOTAL NO. OF PAGES INCLUDING

604 page 1/3 15 July 2001

Form 604 Corporations Act 2001 Section 671B

Notice of change of Interests of substantial holder

To Company Name/Scheme	St Barbara Limited
ACN/ARSN	009 165 086This notice is given by Tradewinds Global Investors, LLC on behalf of Itself and each of its related bodies corporate(Tradewinds Companies) named in the list of 2 pages annexed to this notice and marked A.
1. Details of substantial holder (1)
Name		Tradewinds Global Investors, LLC and each of the Tradewinds Companies
ACN/ARSN (If applicable)	n/a
There was a change in the interests of the
substantial holder on		3/11/2011
The previous notice was given to the company on		26/10/2011
The previous notice was dated		27/10/2011

2. Previous and present voting power

The total number of votes attached 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 when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares, including ordinaryshares represented by AmericanDepositery Receipts (ADRe)	17.510.957	5.38%	16.240.544	4,99%

"Voting power" calculations based on 325,615,389 ordinary shares on issue

3. Changes in relevant interests

Particulars of each change in, or change in the neture of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven in relationto change $(7)$	Class andnumber ofsecuritiesaffected	Person's votesaffected
See list of 1page annexedto this noticeland marked B

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered	Person entitled	Nature of	Class and	Person's votes
relevant	holder of	to be registered	ralevant	number of
Interest	securities	as holder (6)	interest (6)	securities
TradewindsGlobalInvestors, LLC	The registered holdersof the ordinary shares/ ADRs of St BarbaraLimited to which thisnotice relates(Shares) areilnveatment clients ofiTradewinds GlobalInvestors, LLC oricustodiana who retain.custody of the Shareslfor the benefit of thoseclients (Clients).		The registered holders ofthe Shares are the Clients.iin accordance with theauthority and investmentImandates granted to itlunder various investmentadvisory agreements(Agreements), the Shareswere acquired in on-marketitransactions on behalf of thelClients at the direction ofTradewinds Global Investors_LLC.	16,240,544 ordinary (16,240,644ishares comprisedlof:1,078,064ordinary shares:and3,032,496ADRs, each ofwhich relates to5 ordinaryshares.

			604	page 2/3	15 July 2001
	iThe Shares werelacquired in on-marketltransactions on behalflof the Cilents at thedirection ofTradewinds GlobalInvestors LLC.	Under the Agreements.Tradewinds Globallinvastors. LLC candetermine how rights to votelattached to the Shares areexercised and has thelpower to make investmentdecisions regardingdisposal of the Shares.
		Accordingly, TradewindsIGIobal Investors, LLC isitaken under saction 606(2)of the Corporations Act tohave a relevant interest inithe Shares.
Each of theTradewindsCompanies		Taken under section 608(3)of the Corporations Act tohave a relevant interest byreason of having votingpower in or control ofTradewinds Giobaliinvestors, LLC.

5. Changes in association

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

Name and ACN/ARSN (Ifapplicable	------------Natura of association___
ITV.

6. Addresses

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

----------	---------------
Name	Address
Tradewinds Companies	As set out in the list of 2 pages annexed to this notice and marked A.

Signature

print name	Robert De Leon	capacity	Senior Vice President.General Counset---------------------------------------
sign here	$\cdot$ $-$A.$\overline{\phantom{a}}$٠	date	4/11/2011

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 andtrustee of an equity trust), the names could be included in an ann $(1)$ 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 6 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $\langle 6 \rangle$ Include details of:

604 page 3/3 15 July 2001

• $\overline{a}$ 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 disposal of the $(b)$ 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 acquired has, or may,become entitled to receive in relation to that acquisition. Detail s $(7)$ are not paid directly to the person from whom the relevant interest was acquired.
• If the substantial hold er is unable to determine the identity of the person (eg. If the relevant interest arises because of an option) write "unknown". $(3)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

Annexure "A"

This is the Annexure of 2 pages marked "A" referred to in the form 603 Notice of Initial substantial holder Signed by me and dated 4 November 2011

Martin Tana Manahili manang mga manang

Robert De Leon

è

Senior Vice President, General Counsel

Tradewinds Global Investors, LLC

Name	Address
Windy City Investments Holdings, LLC	Three First National Plaza
	Chicago, IL 60602-5010
	United States of America
Windy City Investments, Inc.	Three First National Plaza
	Chicago, IL 60602-5010
	United States of America
Nuveen Investments, Inc.	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Investment Solutions, Inc.	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Asia Investments, Inc.	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Asset Management, LLC	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Commodities Asset Management, LLC	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen HydePark Group, LLC	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Fund Advisors, Inc.	333 W. Wacker Dr.
	Chicago IL 60000
	United States of America
Nuveen Securities, LLC	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Investments Advisers, Inc.	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Investments Canada Co	TD Canada Trust Tower
	BCE Place, 27th Floor
	161 Bay Street
	Toronto, Ontario M5J 2S 1
Nuveen Alternative Investments, LLC	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen Investments Holdings, Inc.	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America

Name	Address
Nuveen investments institutional Services Group, LLC	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Nuveen NWQ Holdings, LLC	2049 Century Park East, 16th Floor
	Los Angeles CA 90067
	United States of America
NWQ Investment Management Company, LLC	2049 Century Park East, 16th Floor
	Los Angeles CA 90067
	United States of America
Nuveen Affiliates Holdings, LLC	2049 Century Park East, 20th Floor
	Los Angeles CA 90067
	United States of America
Rittenhouse Asset Management, Inc.	333 W. Wacker Dr.
	Chicago IL 60606
	United States of America
Santa Barbara Asset Management, LLC	820 State Street, 5th Floor
	Santa Barbara CA 93101
	United States of America
Symphony Asset Management, LLC	555 California Street, Suite 2975
	San Francisco CA 94104
	United States of America
Winslow Capital Management, Inc.	80 S 8th St
	Minneapolis, MN 55402-5304
	United States of America

Annexure "B"

This is the Annexure of 1 page marked "B" referred to in the form 603 Notice of Initial substantial holder Signed by me and dated 4 November 2011

Robert De Leon Senior Vice President, General Counsel Tradewinds Global Investors, LLC

For the purposes of this table, the term Tradewinds Group comprises each of the relevant Interest holders listed in paragraph 4 In the attached form 604.

Date ofchange	Person whoserelevant interestchanged	Nature of change (6)	Considerationgiven in relationto change (USD)(7)	Class of securitiesaffected	Number ofsecurities affected	Person's votesaffected
28/06/2011	Tradewinds Group	On market purchase	523 593	ORD	279,815	279,616
28/06/2011	Tradewinds Group	On market purchase	93.628	ORD	50.000	60,000
25/07/2011	Tradewinds Group	On market sale	-353.234	ADR	32,855	164,276
26/07/2011	Tradewinds Group	On market sale	-540,042	ADR.	50.578	252,890
3/08/2011	Tradewinds Group	On mark of purchase	717,430	ADR	70.000	350,000
3/08/2011	Tradewinds Group	On market purchase	469,766	ORD	226,510	226,510
4/08/2011	Tradewinds Group	On market purchase	799.903	ADR	78.813	393,005
8/08/2011	Tradewinds Group	On market purchase	266,301	ADR	28.760	143,800
8/08/2011	Tradewinds Group	On market sale	-21,169	ADR	2.392	11,960
8/08/2011	Tradewinds Group	On market purchase	438.311	ORD	229.552	229,552
11/08/2011	Tradewinds Group	On market sale	-2.643	ADR	263	1.315
18/08/2011	Tradewinds Group	On market sale	$-11,106$	ADR	1,169	5.845
24/08/2011	Tradewinds Group	On market sale	-91,141	ADR	9.065	45,325
30/08/2011	Tradewinds Group	On market purchase	7,711	ADR	683	3415
30/08/2011	Tradewinds Group	On market sale	-262,133	ADR	24,617	122,585
1/09/2011	Tradewinds Group	On market purchase	709,253	ADR	69.245	346,225
2/09/2011	Tradewinds Group	On market purchase	5,093	ADR	453	2315
15/09/2011	Tradewinds Group	On market sale	$-13,619$	ADR	1,251	8.305
23/09/2011	Tradewinds Group	On market sale	-5483	ADR	555	2.776
23/09/2011	Tradewinds Group	On market sale	-216,372	ADR	21,900	109.500
23/09/2011	Tradewinds Group	On market purchase	9,247	ORD	4.382	4.382
26/09/2011	Tradewinds Group	On market sale	$-80,714$	ADR	9,172	45,860
5/10/2011	Tradewinds Group	On market sale	$-15,565$	ADR	1,635	6,176
5/10/2011	Tradewinds Group	On market sale	$-33,311$	ADR	3.625	17,625
7/10/2011	Tradewinds Group	On market sale	$-761,281$	ORD	373,635	373.635

12/10/2011	Tradewinds Group	On market sale	-1.005,021	ADR	92,280	461,400
13/10/2011	Tradewinds Group	On market sale	-840,981	ADR	73,409	367,045
13/10/2011	Tradewinds Group	On market sale	-19,366	ADR	1,737	8.686
13/10/2011	Tradewinds Group	On market sale	-9,553	ADR	656	4.250
14/10/2011	Tradewinds Group.	On market sale	-378,696	ADR	34.134	170,670
14/10/2011	Tradewinds Group	On market sale	$-37,841$	ADR	3,437	17,185
17/10/2011	Tradewinds Group	On market sale	-451,054	ADR	39,869	199,345
17/10/2011	Tradewinds Group	On market sale	$-35,221$	ADR	3,364	18,020
18/10/2011	Tradewinds Group	On market sele	-91,117	ADR	8,205	41,025
19/10/2011	Tradewinds Group	On market purchase	73,919	ADR	6,594	32,970
19/10/2011	Tradewinds Group	On market sale	-309,943	ADR	27,441	137,205
19/10/2011	Tradewinds Group	On market sale	-558,288	ADR	49.108	245,540
19/10/2011	Tradewinds Group	On market sale	-26,882	ADR	2,503	12,515
19/10/2011	Tradewinds Group	On market sale	-518,613	ORD	230,000	230,000
26/10/2011	Tradewinds Group	On market sale	-14,568	ADR	1,287	6.435
25/10/2011	Tradewinds Group	On market sale	-1,077,324	ADR	94,527	472,635
26/10/2011	Tradewinds Group	On market sale	-728,186	ADR	63,353	316,765
26/10/2011	Tradewinds Group	On market sale	$-1,249,070$	ORD	537,602	537,602
27/10/2011	Tradewinds Group	On market sale	-2428,492	ORD	1,025,000	1,025,000
28/10/2011	Tradewinds Group	On market sale	-654,668	ORD	271,985	271,965
28/10/2011	Tradewinds Group	On market sale	$-152,577$	ORD	64.473	64,473
31/10/2011	Tradewinds Group	On market sale	-459,437	ORD	197,695	197,695
1/11/2011	Tradewinds Group	On market sale	$-261,787$	ORD	115,000	115,000
1/11/2011	Tradewinds Group	On market sale	-324,470	ORD	142,769	142,769
2/11/2011	Tradewinds Group	On market sale	-230,997	ORD	100,000	100,000
2/11/2011	Tradewinds Group	On market sale	-616,914	ORD	266,956	266,956
3/11/2011	Tradewinds Group	On market sale	-6.004	ADR	538	2.690
3/11/2011	Tradewinds Group	On market sale	242,987	ADR	21,773	108,865

"Person's votes affected" calculations based on 325,615,389 ordinary shares on issue