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## Shareholding 

Relevant interests in shares of the Company held by directors of the Company and consolidated entity or their director-related entities in the Company: 

<img src='content_image/115470.jpg'>

$_{(1)}$ Mr S W Miller is a director and shareholder of Strata Mining Corporation Limited which holds a relevant interest in the ordinary share capital of St Barbara. 

(2) Mr H G Tuten is the Chairman of RCF Management L.L.C., the management company of RCF. 

## Options 

Relevant interests in options of the Company held by directors of the Company and consolidated entity or their director-related entities in the Company: 

<img src='content_image/115471.jpg'>

 Mr Tuten is the Chairman of RCF Management L.L.C., the management company of RCF 

(2)  RCF has agreed with Mr Wheatley to transfer up to 1,000,000 options exercisable at $0.11 which expire on 31 December 2005. 500,000 were vested when he was appointed as a director, 250,000 vested after 6 months service on the Board and 250,000 after 12 months on the Board. As at 30 June 2004 Mr Wheatley, therefore, has a bene fi  cial interest in 750,000 options registered in the name of RCF 

The options granted to RCF were in consideration for facility fees. All other options were granted for no consideration by the Company. There are no voting, conversion or dividend rights related to these options. 

