SUREFIRE RESOURCES NL — Major Shareholding Notification 2010

Oct 19, 2010

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme: ACN/ARSN:

1. Details of Substantial Holder (1)

Name: SA CAPITAL FUNDS MANAGEMENT LIMITED <SACFM NO 1 FUND A/C>

The holder ceased to be a substantial holder on: 15/10/10 The previous notice was given to the company on: 01/10/10 The previous notice was dated: 30/09/10

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 the scheme are as follows:

Date ofchange	Person whoserelevant interestchanged	Nature ofchange (4)	Considerationgiven inrelation tochange (5)	Class (6) andnumber ofsecuritiesaffected	Person's votesaffected
15/10/10	SA CAPITAL FUNDSMANAGEMENTLIMITED <sacfm no<br="">1 FUND A/C>	DILUTION DUETO ISSUE -HOLDING OF30,000,000UNCHANGED	NIL	30,000,000ORDINARYFULLY PAID	6.43%NOW4.97%DUETODILUTION

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/ARSN (if applicable)	Nature of association

4. Addresses

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

Name	Address
SA CAPITAL FUNDSMANAGEMENT LIMITED<sacfm 1="" a="" c="" fund="" no="">	PO BOX 118 GLEN OSMOND SA 5064

Signature

Print name: ANGUS MIDDLETON DIRECTOR HoldeR

Capacity: Former Substantial

Sign here

Date: $18/10/10$