ASX Release / 6 January 2014

Appointment of Mr Tim Netscher as a Non-Executive Director

Mr Tim Netscher has been appointed to the Board of St Barbara Limited as an independent Non-Executive
Director of the Company with effect from 17 February 2014.
Until recently, Mr Netscher was the Managing Director of Gindalbie Metals Limited, and is currently the Non-Executive Chairman of Deep Yellow Limited and a Non-Executive Director of Aquila Resources Limited, both ASX listed companies.
A chemical engineer, he is an experienced international mining executive with extensive operational, project development, and transactional experience and expertise in senior executive management roles. This has included as Regional Senior Vice President of Newmont Mining Corporation, Managing Director of Vale Australia, Senior Vice President and Chief Operating Officer of PT Inco Tbk, President and Chief Operating Officer of QNI Pty Ltd (then part of BHP Billiton), General Manager, Corporate Development of Billiton's Nickel Division and Executive Director of Impala Platinum Holdings Limited. He has successfully operated in several different countries across many different cultures and holds degrees as a Bachelor of Science (Chemical Engineering), Bachelor of Commerce, and Master of Business Administration.
As part of a process of Board transition and renewal which commenced in mid 2012, Mr Netscher's appointment follows the appointment in September 2013 of Ms Ines Scotland to the St Barbara Board as an independent Non- Executive Director. Following these appointments, Mr Robert Rae, who joined the Board in April 2008, will retire from the Board on 28 February 2014, and Mr Phil Lockyer who joined the Board in December 2006, will retire on
31 March 2014. Mr Rae has served as Chair of the Remuneration Committee since August 2010 and Mr Lockyer as Chair of the Health and Safety Committee since April 2007.
On behalf of fellow Board colleagues and all shareholders, I thank both Phil and Robert for their many years of hard work, loyal service, and valuable personal contributions to the growth and development of St Barbara during their time as Board members. We wish them well and good health in their future endeavours.

Colin Wise

Non-Executive Chairman