ST BARBARA LIMITED — Major Shareholding Notification 2018

Sep 9, 2018

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme ST BARBARA LTD

ACN/ARSN 009 165 066

1. Details of substantial holder (1)

Name	JPMorgan Chase & Co. and its affiliates
ACN (if applicable)	ΝA
The holder ceased to be aSubstantial holder on		6/September/2018
The previous notice was given to the company on 4/September/2018

The previous notice was dated 31/August/2018

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 to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (6)	Considerationgiven inrelationto change (7)	Class and numberof securitiesaffected	Person's votesaffected
SeeAppendix	J.P. MorganSecurities LLC	Rehypothecation of client securitiesunder a Prime Brokerage Agreement	See Appendix	52,643(Ordinary)	52,643(Ordinary)
SeeAppendix	J.P. MorganSecurities LLC	Holder of securities subject to anobligation to return under a securitieslending agreement	See Appendix	25,000,000(ordinary)	25,000,000(ordinary)
See .Appendix	J.P. MorganSecurities Plc	Holder of securities subject to anobligation to return under a securitieslending agreement	See Appendix	89,324(Ordinary)	89.324(Ordinary)
See .Appendix	J.P. MorganSecuritiesAustralia Limited	Purchase and sales of shares in itscapacity as Principal/Proprietary	See Appendix	308,367(Ordinary)	308,367(Ordinary)

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 follows:

Name and ACN (if applicable)	Nature of association
J.P. Morgan Securities Plc	Subsidiary of JPMorgan Chase & Co.
J.P. Morgan Securities LLC	Subsidiary of JPMorgan Chase & Co.
J.P. Morgan Securities Australia Limited	Subsidiary of JPMorgan Chase & Co.

4. Addresses

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

Name	Address
JPMorgan Chase & Co.	270 Park Avenue, New York 10017, United States
J.P. MORGAN SECURITIES LLC	383 Madison Ave., New York, New York, NY, 10179, United States
J.P. MORGAN SECURITIES PLC	25 Bank Street, Canary Wharf, London, E14 5JP, London, E14 5JP, England
JPMorgan Chase Bank, N.A.	1111 Polaris Parkway, Columbus, OH21, OH, 43240, United States
J.P. MORGAN INVESTMENT MANAGEMENT INC.	270 Park Avenue, New York 10017, United States
JPM Asset Mgt (Taiwan) LTD	20F & 21, No.1 Song Zhi Rd, Xin Yi District, Taipei City,Taiwan., Taipei, 110, Taiwan Province of China
JPMORGAN ASSET MANAGEMENT (UK) LIMITED	60 Victoria Embankment, London, EC4Y0JP, England
J.P. Morgan Securities Australia Limited	Level 18, 83-85 Castlereagh Street, Sydney, Ns, NSW 2000

Signature

Print name	James Goodfellow	Capacity	JPMorgan Chase Bank, N.A.
Sign here	Alade Mond- 71	Date	10/September/2018

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, $(1)$ 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 Law. $(2)$
• See the definition of "associate" in section 9 of the Corporations Law. $(3)$

$(4)$ Include details of:

• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection $(a)$ 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
• $(b)$ 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 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 Law.

• $(5)$ 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. 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.
• Given details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(7)$

ST BARBARA LTD - AU000000SBM2
																	Appendix
												------------Proprietary------------				------------Fiduciary------------
Transaction dateBalance as of 31 August 2018	Entity	Type of transaction	Equity/ADR	Ccy	Price	Quantity	Consideration	Total Positions41,366,614	Issued share capital520,516,390	% Owned7.95%	JPMSAL6,529,739	JPMSPLCJPMSLLC297,686 25,001,310	JPMCBNA	JPMIMI20 3,310,090	JPMCBNA722,132	JPMAMUKL5,295,437	JPMAMTLTotal210,200 41,366,614
3-Sep-18	JPMSAL	Sale	Equity	AUD	4.05	(953) $	3,860.43	41,365,661	520,516,390	7.95%	(953)	--	-	-	-	-	-(953)
3-Sep-18	JPMSAL	Purchase	Equity	AUD	4.07	837 $	3,406.58	41,366,498	520,516,390	7.95%	837	--	-	-	-	-	-837
3-Sep-18	JPMSAL	Purchase	Equity	AUD	4.05	2,106 $	8,529.30	41,368,604	520,516,390	7.95%	2,106	--	-	-	-	-	-2,106
3-Sep-18	JPMSAL	Sale	Equity	AUD	4.04	(56,624) $	228,691.43	41,311,980	520,516,390	7.94%	(56,624)	--	-	-	-	-	-(56,624)
3-Sep-18	JPMSAL	Purchase	Equity	AUD	4.02	36,169 $	145,538.12	41,348,149	520,516,390	7.94%	36,169	--	-	-	-	-	-36,169
3-Sep-18	JPMSAL	Sale	Equity	AUD	4.07	(5,995) $	24,399.65	41,342,154	520,516,390	7.94%	(5,995)	--	-	-	-	-	-(5,995)
3-Sep-183-Sep-18	JPMSALJPMSAL	PurchasePurchase	EquityEquity	AUDAUD	4.054.05	21,285 $3,289 $	86,144.0313,313.64	41,363,43941,366,728	520,516,390520,516,390	7.95%7.95%	21,2853,289	----	--	--	--	--	-21,285-3,289
3-Sep-18	JPMSAL	Sale	Equity	AUD	4.05	(7,339) $	29,722.95	41,359,389	520,516,390	7.95%	(7,339)	--	-	-	-	-	-(7,339)
3-Sep-18	JPMSAL	Sale	Equity	AUD	4.05	(4,758) $	19,269.90	41,354,631	520,516,390	7.94%	(4,758)	--	-	-	-	-	-(4,758)
4-Sep-18	JPMSAL	Sale	Equity	AUD	3.97	(191) $	758.27	41,354,440	520,516,390	7.94%	(191)	--	-	-	-	-	-(191)
4-Sep-18	JPMSAL	Sale	Equity	AUD	3.96	(1,973) $	7,814.59	41,352,467	520,516,390	7.94%	(1,973)	--	-	-	-	-	-(1,973)
4-Sep-18	JPMSAL	Purchase	Equity	AUD	3.95	28,354 $	111,861.78	41,380,821	520,516,390	7.95%	28,354	--	-	-	-	-	-28,354
4-Sep-18	JPMSAL	Sale	Equity	AUD	3.953.95	(5,991) $	23,634.68	41,374,830	520,516,390	7.95%	(5,991)	--	-	-	-	-	-(5,991)
4-Sep-184-Sep-18	JPMSALJPMSAL	PurchasePurchase	EquityEquity	AUDAUD	3.95	17,079 $3,792 $	67,462.0514,978.40	41,391,90941,395,701	520,516,390520,516,390	7.95%7.95%	17,0793,792	----	--	--	--	--	-17,079-3,792
5-Sep-18	JPMSAL	Purchase	Equity	AUD	3.77	8,536 $	32,180.72	41,404,237	520,516,390	7.95%	8,536	--	-	-	-	-	-8,536
5-Sep-18	JPMSAL	Sale	Equity	AUD	3.78	(78,394) $	296,412.18	41,325,843	520,516,390	7.94%	(78,394)	--	-	-	-	-	-(78,394)
5-Sep-18	JPMSAL	Purchase	Equity	AUD	3.78	232,817 $	880,458.25	41,558,660	520,516,390	7.98%	232,817	--	-	-	-	-	-232,817
5-Sep-18	JPMSAL	Purchase	Equity	AUD	3.78	9,880 $	37,329.09	41,568,540	520,516,390	7.99%	9,880	--	-	-	-	-	-9,880
5-Sep-185-Sep-18	JPMSAL	Purchase	EquityEquity	AUDAUD	3.803.77	1,308 $(38,950) $	4,969.00	41,569,848	520,516,390	7.99%	1,308	--	-	-	-	-	-1,308
5-Sep-18	JPMSALJPMSAL	SaleSale	Equity	AUD	3.80	(6,256) $	146,841.5023,759.72	41,530,89841,524,642	520,516,390520,516,390	7.98%7.98%	(38,950)(6,256)	----	--	--	--	--	-(38,950)-(6,256)
6-Sep-18	JPMSPLC	Borrow - Return	Equity		-	89,324 $	-	41,613,966	520,516,390	7.99%	-	89,324-	-	-	-	-	-89,324
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.70	(1,577) $	5,827.02	41,612,389	520,516,390	7.99%	(1,577)	--	-	-	-	-	-(1,577)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.68	(219) $	806.02	41,612,170	520,516,390	7.99%	(219)	--	-	-	-	-	-(219)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.68	(29,098) $	107,039.96	41,583,072	520,516,390	7.99%	(29,098)	--	-	-	-	-	-(29,098)
6-Sep-186-Sep-18	JPMSAL	Purchase	EquityEquity	AUDAUD	3.70	959 $	3,548.30	41,584,031	520,516,390	7.99%	959	--	-	-	-	-	-959
6-Sep-18	JPMSALJPMSAL	SaleSale	Equity	AUD	3.643.64	(4,014) $(1,005) $	14,610.963,658.20	41,580,01741,579,012	520,516,390520,516,390	7.99%7.99%	(4,014)(1,005)	----	--	--	--	--	-(4,014)-(1,005)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.65	(142) $	518.30	41,578,870	520,516,390	7.99%	(142)	--	-	-	-	-	-(142)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.65	(38) $	138.70	41,578,832	520,516,390	7.99%	(38)	--	-	-	-	-	-(38)
6-Sep-18	JPMSAL	Purchase	Equity	AUD	3.67	167,291 $	614,155.71	41,746,123	520,516,390	8.02%	167,291	--	-	-	-	-	-167,291
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.67	(38,638) $	141,884.07	41,707,485	520,516,390	8.01%	(38,638)	--	-	-	-	-	-(38,638)
6-Sep-18	JPMSAL	Purchase	Equity	AUD	3.68	13,491 $	49,619.17	41,720,976	520,516,390	8.02%	13,491	--	-	-	-	-	-13,491
6-Sep-186-Sep-18	JPMSALJPMSAL	SalePurchase	EquityEquity	AUDAUD	3.663.67	(7,266) $5,856 $	26,593.5621,514.59	41,713,71041,719,566	520,516,390520,516,390	8.01%8.02%	(7,266)5,856	----	--	--	--	--	-(7,266)-5,856
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.67	(4,298) $	15,786.42	41,715,268	520,516,390	8.01%	(4,298)	--	-	-	-	-	-(4,298)
6-Sep-18	JPMSAL	Purchase	Equity	AUD	3.66	7,789 $	28,507.74	41,723,057	520,516,390	8.02%	7,789	--	-	-	-	-	-7,789
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.70	(257) $	951.15	41,722,800	520,516,390	8.02%	(257)	--	-	-	-	-	-(257)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.68	(7,658) $	28,192.91	41,715,142	520,516,390	8.01%	(7,658)	--	-	-	-	-	-(7,658)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.68	(240) $	882.00	41,714,902	520,516,390	8.01%	(240)	--	-	-	-	-	-(240)
6-Sep-186-Sep-18	JPMSALJPMSAL	SaleSale	EquityEquity	AUDAUD	3.653.65	(240) $(84) $	876.00306.60	41,714,66241,714,578	520,516,390520,516,390	8.01%8.01%	(240)(84)	----	--	--	--	--	-(240)-(84)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.65	(398) $	1,452.14	41,714,180	520,516,390	8.01%	(398)	--	-	-	-	-	-(398)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.65	(242) $	883.30	41,713,938	520,516,390	8.01%	(242)	--	-	-	-	-	-(242)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.66	(312) $	1,140.36	41,713,626	520,516,390	8.01%	(312)	--	-	-	-	-	-(312)
6-Sep-18	JPMSAL	Sale	Equity	AUD	3.66	(169) $	617.70	41,713,457	520,516,390	8.01%	(169)	--	-	-	-	-	-(169)
6-Sep-186-Sep-18	JPMSAL	Purchase	EquityEquity	AUDAUD	3.66	7,266 $	26,593.56	41,720,723	520,516,390	8.02%	7,266	--	-	-	-	-	-7,266
6-Sep-18	JPMSALJPMSAL	PurchaseSale	Equity	AUD	3.663.66	46,302 $(2,720) $	169,465.329,955.20	41,767,02541,764,305	520,516,390520,516,390	8.02%8.02%	46,302(2,720)	----	--	--	--	--	-46,302-(2,720)
6-Sep-18	JPMSLLC	Adjustment	Equity		-	(25,000,000) $	-	16,764,305	520,516,390	3.22%	-	-(25,000,000)	-	-	-	-	-(25,000,000)
6-Sep-18	JPMSLLC	Adjustment	Equity		-
Balance as of 6 September 2018						52,643 $	-	16,816,94816,816,948	520,516,390520,516,390	3.23%3.23%	-6,838,106	-52,643387,01053,953	-	-20 3,310,090	-722,132	-5,295,437	-52,643210,200 16,816,948
JPMSAL - J.P. Morgan Securities Australia Limited
JPMSPLC - J.P. Morgan Securities Plc
JPMSLLC - J.P. Morgan Securities LLc
JPMIMI - J.P. Morgan Investment Management Inc.
JPMCBNA - JPMorgan Chase Bank, N.A.
JPMAMUKL - JPMorgan Asset Management (UK) Limited
JPMAMTL- JPM Asset Management (Taiwan) Limited

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	10-Sep-18
Company's name:	ST BARBARA LTD
ISIN:	AU000000SBM8
Date of change ofrelevant interests:	6-Sep-18
Schedule
Type of agreement	Global Master Securities Lending Agreement ("GMSLA")
Parties to agreement	J.P. Morgan Securities plc ("borrower") and Bank of New York Mellon as agent ("lender")
Transfer date	Trade dateQuantity
	6-Sep-1889,324
Holder of voting rights	Borrower
Are there any	Yes
restriction on votingrights
If yes, detail	The borrower shall have no obligation to arrange for voting rights to be exercised in accordance with theinstructions of the other party, unless otherwise agreed between the parties.
Scheduled return date(if any)	None
Does the borrowerhave the right toreturn early?	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due andoutstanding to the lender in accordance with lender's instructions and lender shall accept suchredelivery.
Does the lender havethe right to recallearly?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any businessday of not less than the standard settlement time for such equivalent securities on the exchange or inthe clearing organisation through which the relevant borrowed securities were originally delivered. Theborrower must return the securities not later than the expiry of such notice in accordance with thelender's instructions.
Will the securities bereturned onsettlement?	Yes
If yes, detail anyexceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC, J.P.Morgan Securities plc will give a copy of the GMSLA to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	10-Sep-18
Company's name:	ST BARBARA LTD
ISIN:	AU000000SBM8
Date of change of relevantinterests:	6-Sep-18
Schedule
Type of agreement	Master Overseas Securities Borrowing Agreement
Parties to agreement	J.P. Morgan Securities Plc ("borrower") and JPMorgan Chase Bank, as agent ("lender")
Transfer date	Trade dateQuantity
	11-Jul-1838,458
Holder of voting rights	Borrower
Are there any restrictionon voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercisedin accordance with the instructions of the lender, provided that the lender uses its best endeavoursto notify the borrower of its instructions in writing no later than 7 business days prior to the dateupon which such votes are exercisable or as otherwise agreed between the parties. This undertakingis in clause 4(B)(vi) of the agreement.
Scheduled return date (ifany)	None
Does the borrower havethe right to return early?	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due andoutstanding to the lender in accordance with lender's instructions and lender shall accept suchredelivery.
Does the lender have theright to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any businessday of not less than the standard settlement time for such equivalent securities on the exchange orin the clearing organisation through which the relevant borrowed securities were originallydelivered. The borrower must return the securities not later than the expiry of such notice inaccordance with the lender's instructions.
Will the securities bereturned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC,J.P. Morgan Securities Limited will give a copy of the agreement to that company or ASIC.

Appendix: Prescribed information pursuant to securities lending transaction disclosed under the substantial shareholding notice filed with ASX.

Date:	10-Sep-18
Company's name:	ST BARBARA LTD
ISIN:	AU000000SBM8
Date of change of relevantinterests:	6-Sep-18
Schedule
Type of agreement	Master Overseas Securities Borrowing Agreement
Parties to agreement	J.P. Morgan Securities Plc ("borrower") and The Northern Trust Company as agent ("lender")
Transfer date	Trade dateQuantity
	17-Jul-1835,000
	14-Aug-1854,552
	21-Aug-1852,902
	22-Aug-1860,220
Holder of voting rights	Borrower
Are there any restrictionon voting rights	Yes
If yes, detail	The borrower undertakes to use its best endeavours to arrange for the voting rights to be exercisedin accordance with the instructions of the lender, provided that the lender uses its best endeavoursto notify the borrower of its instructions in writing no later than 7 business days prior to the dateupon which such votes are exercisable or as otherwise agreed between the parties. This undertakingis in clause 4(B)(vi) of the agreement.
Scheduled return date (ifany)	None
Does the borrower havethe right to return early?	Yes
If yes, detail	Borrower has the right to terminate a loan and redeliver all and any equivalent securities due andoutstanding to the lender in accordance with lender's instructions and lender shall accept suchredelivery.
Does the lender have theright to recall early?	Yes
If yes, detail	Lender has right to recall all or any equivalent securities at any time by giving notice on any businessday of not less than the standard settlement time for such equivalent securities on the exchange orin the clearing organisation through which the relevant borrowed securities were originallydelivered. The borrower must return the securities not later than the expiry of such notice inaccordance with the lender's instructions.
Will the securities bereturned on settlement?	Yes
If yes, detail any exceptions	No exceptions
Statement	If requested by the company to whom the prescribed form must be given, or if requested by ASIC,J.P. Morgan Securities Limited will give a copy of the agreement to that company or ASIC.