Santos Ltd A.B.N. 80 007 550 923 Santos House Level 29 91 King William Street Adelaide SA 5000 GPO Box 2455 Adelaide SA 5001 Telephone: 08 8218 5138 Facsimile:: 08 8218 5633

Company Announcements Office To: Australian Stock Exchange Ltd

From: Company Secretary

Date: 31 October 2003

Subject: Listing Rule 3.19.A.3 : Appendix 3Z

Rule 3.19A.3

Appendix 3Z

Final 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.

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Part 1 - Director's relevant interests in securities of which the director is the registered holder

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 disclosed in this part.

Number & class of securities

20,771 Fully Paid Ordinary Shares 200 Reset Convertible Preference Shares

$+$ See chapter 19 for defined terms.

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

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

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Part 3 - Director's interests in contracts

$+$ See chapter 19 for defined terms.