content_image/27336.jpg content_image/27337.jpg
## Directors’ Report 

## Other executives of St Barbara Mines Limited and group 

<img src='content_image/27336.jpg'>

(i) Mr Boyd was appointed on 15 December 2003. 

(ii) Mr Rule terminated employment as Chief Financial Of fi  cer on 30 November 2003 and resigned as Company Secretary on 15 December 2003. 

(iii) Mr Lambert commenced with NuStar on 21 January 2004. 

## OPTIONS 

Options over ordinary shares of St Barbara Mines Limited are as follows: 

<img src='content_image/27337.jpg'>

