ST BARBARA LIMITED — Share Issue/Capital Change 2006

Aug 1, 2006

Rule 3.8A

Appendix 3D

Changes relating to buy-back (except minimum holding buy-back)

Information and documents given to ASX become ASX's property and may be made public. Introduced 179799. Origin: Appendix 7B. Amended 1373/2000, 307972001.

Name of entity	ABN
ISt Barbara Limited	36 009 165 066

We (the entity) give ASX the following information.

$\,1$ Date that an Appendix 3C or the last Appendix 3D was given to ASX

1 August 2005

⊏⊼

Information about the change

Complete each item for which there has been a change and items 9 and 10.

		Uolumn I (Details announced to market in Appendix 3C or last Appendix 3D)	Column 4 (Details of change to buy- back proposals)
	On-market buy-back
2.	Name of broker who will act on the company's behalf	Austock Securities Limited and Southern Cross Equities Limited	Southern Cross Equities Limited
3	Defeted 30/9/2001.	N/A
4	If the company intends to buy back a maximum number of shares - that mımber	56,653,335	N/A
	Note: This requires a figure to be included, not a percentage. The reference to a maximum number is to the total number including shares already bought back and shares remaining to be bought back. If the total has not changed, the item does not need to be completed.
5	If the company intends to buy back a	56,653,335	N/A
	maximum number of shares - the number remaining to be bought back

$+$ See chapter 19 for defined terms.

	Column 1 (Details announced to market in Appendix 3C or last Appendix 3D)	Column 2 (Details of change to buy- back proposals)
-6 If the company intends to buy-back shares within a period of time - that period of time; if the company intends that the buy-back be of unlimited duration - that intention	$02/08/2005 - 01/08/2006$	02/08/2005 - 01/08/2007
If the company intends to buy back $\parallel$ N/A

If the company intends to buy back $\big $ N/A shares if conditions are met - those
conditions

All buy-backs

8 Any other change

N/A

$\mathfrak g$ Reason for change

Extension of buy-back period and change to maximum number of shares company intends to buyback.

Any other information material to a shareholder's decision whether to accept the offer (eg. details of any proposed $10$ takeover bid)

Nil

$+$ See chapter 19 for defined terms.

Compliance statement

• $\bar{I}$ . The company is in compliance with all Corporations Act requirements relevant to this buyback.
• There is no information that the listing rules require to be disclosed that has not already been disclosed, or is not contained in, or attached to, this form. $\overline{2}$ .

Date: 2 August 2006

Print name: Ross Kennedy Company Secretary

$= =$ $=$ $=$ $=$ $=$ $=$ $=$

$+$ See chapter 19 for defined terms.