TANAMI GOLD NL — Director's Dealing 2003

Jan 16, 2003

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 30/9/2001.

------ --------------------------------------- Name of entity	----------- Tanami Gold NL	---------------------------------------
ABN	51 000 176 617	. . .

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
Date of last notice .	10 January 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

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

Direct or indirect interest	Indirect
Nature of indirect Interest	Bluedale Pty Ltd (Mr Comb is a director and
(including regletered holder)	shareholder of Bluedale).
Note: Provide details of the circumstances giving rise to the relevant litterent.
Date of change	13-17 January 2003
No. of securities held prior to change	1,094,812 Ordinary Shares
	800,000 options exercisable at 20 cents each
	7,901,651 Contributing Shares
Class	Ordinary Shares
Number acquired
Number disposed	$-77213$
Value/Consideration	\$11,876.98
Note: If consideration is non-cash, provide details and estimated valuation

• See chapter 19 for defined terms.

11/3/2002

Appendix 3Y Page 1

No. of securities held after change	$-1,017,599$ Ordinary Shares. -800,000 options exercisable at 20 cents each on or before 29 November 2005. -7,901,651 Contributing Shares.
Nature of change Example: pn-market trade, off-market trade, exercise of options, issue of securities under dividend reliveatinent plan, participation in buy-back-	-77213 Ordinary Shares on-market trade.

Part 2 - Change of director's interests in contracts

Note: in the case of a company, laterests which come within patagraph (ii) of the definition of "manifiable 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 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 datalls and an ostimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002