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SANTOS LIMITED Director's Dealing 2003

Sep 16, 2003

65872_rns_2003-09-16_b8ac0376-4713-45fa-b75c-814a522fe4b2.pdf

Director's Dealing

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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 SANTOS LTD
ABN 80 007 550 923

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 Francis John Conroy
Date of last notice 2 January 2002

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 disclosed in this part.

Direct or indirect interest Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest. Registered Holder : F. & J. Conroy Holdings PtyLtd as Trustee for the Conroy Super FundRelevant Interest: Beneficial Entitlement
Date of change 12/9/2003
No. of securities held prior to change 1,900
Class Fully Paid Ordinary Shares
Number acquired 3,100
Number disposed N/A
Value/ConsiderationNote: if consideration is non-cash, provide details and estimated valuation $5.61 per share
No. of securities held after change 5,000 Fully Paid Ordinary Shares
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back On-market purchase

Part 2 – Change of director's interests in contracts : N/A

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.

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
Date of change
No, and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change