ST GEORGE MINING LIMITED — Director's Dealing 2011

Aug 29, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity St George Mining Limited

ABN 21 139 308 973

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	John Prineas
Date of last notice	22 June 2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Zeus Private Equity Pty Ltd – Director andShareholderZeus Super Pty Ltd as trustee for the ZeusSuper Fund A/C – Director and Shareholder
Date of change	29-30 August 2011
No. of securities held prior to changeJohn PrineasZeus Private Equity Pty LtdZeus Super PtyLtd <Zeus Super Fund A/C>	7,332,517 ordinary fully paid shares(6,844,177 escrowed until 16 November 2012)30 Performance Shares601,000 ordinary fully paid shares170,000 ordinaryfully paid shares
Class	Ordinary Fully Paid Shares (ORD)
Number acquiredJohn PrineasZeus Private Equity Pty Ltd	310,00020,000

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$57,755
No. of securities held after changeJohn PrineasZeus Private Equity Pty LtdZeus Super Pty Ltd <Zeus Super Fund A/C>	7,642,517 ordinary fully paid shares(6,844,177 escrowed until 16 November 2012)30 Performance Shares621,000 ordinary fully paid shares170,000 ordinary fully paid shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	On Market Trade and Off Market Trade

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed abovetraded during a+closed period where prior written clearancewas required?	No
If so, was prior written clearance provided to allow the trade toproceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

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