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SANTOS LIMITED Director's Dealing 2007

Dec 27, 2007

65872_rns_2007-12-27_adbb878a-30ff-460f-9f83-f3804345dc06.pdf

Director's Dealing

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Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

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 STEPHEN GERLACH
Date of last notice 10 October 2007

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 Direct
Nature of indirect interest
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change 28 December 2007
No. of securities held prior to change 1,263 fully paid ordinary shares (NED Share Plan)
46,512 fully paid ordinary shares (indirect interest)
Class Fully paid ordinary shares.
Number acquired 1,435
Number disposed Nil
Value/Consideration $13.5843
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change 2,698 fully paid ordinary shares (NED Share Plan)
46,512 fully paid ordinary shares (indirect interest)
Nature of change Allocation resulting from participation in the
Example: on-market trade, off-market trade, exercise of options, issue of Non-Executive Directors Share Plan.
securities under dividend reinvestment plan, participation in buy-back

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

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 which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change