ST GEORGE MINING LIMITED — Director's Dealing 2011

Apr 13, 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	16 December 2010

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	8 – 11 April 2011
No. of securities held prior to changeJohn PrineasZeus Private Equity Pty LtdZeus Superfund Pty Ltd <Zeus Super Fund A/C>	6,962,517 ordinary fully paid shares(6,844,177 escrowed until 16 November 2012)30 Performance Shares341,000 ordinary fully paid shares50,000 ordinaryfully paid shares
Class	Ordinary Fully Paid Shares (ORD)
Number acquiredZeus Private EquityPtyLtd	200,000
Number disposed	N/A

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$39,650
No. of securities held after changeJohn PrineasZeus Private Equity Pty LtdZeus Superfund Pty Ltd <Zeus Super Fund A/C>	6,962,517 ordinary fully paid shares(6,844,177 escrowed until 16 November 2012)30 Performance Shares541,000 ordinary fully paid shares50,000 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

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 towhich interest related prior tochangeNote: 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 detailedabove traded during a+closed period where prior writtenclearance was required?	No
If so, was prior written clearance provided to allow thetrade to proceed during this period?	N/A
If prior written clearance was provided, on what date wasthis provided?	N/A

• See chapter 19 for defined terms.

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