TANAMI GOLD NL — Director's Dealing 2003

Nov 30, 2003

Appendix 3Y

Rule 3.19A.2

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 30/9/2001.

Name of entity	Tanami Gold NL
ABN	51 000 617 176

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	Gary Comb
l. Date of last notice i	3 November 2003

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

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Bluedale Pty Ltd (Mr Comb is a director and shareholder of Bluedale).
Date of change	28 November 2003
No. of securities held prior to change	1,067,599 Ordinary Shares 800,000 options exercisable at 20 cents each on or before 29 November 2005 8,399,596 Contributing Shares (issued at 20 cents each and paid to 1 cent each)
Class	Options exercisable at 20 cents each on or before 27 November 2008.
Number acquired	1,500,000
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$NH -$ options awarded as an incentive for performance (approved by shareholders at AGM held on 27 November 2003).

⁺ See chapter 19 for defined terms.

No. of securities held after change	1,067,599 Ordinary Shares;
	800,000 options exercisable at 20 cents each on or before 29 November 2005;
	8,399,596 Contributing Shares (issued at 20 cents each and paid to 1 cent each);
	$1,500,000$ options exercisable at 20 cents each on or before 27 November 2008.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Options awarded as an incentive for performance (approved by shareholders at AGM held on 27 November 2003).

Part 2 - Change of director's interests in contracts

Detail of contract	Not Applicable
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change Note: Details are only required for a contract
in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

$+$ See chapter 19 for defined terms.