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SANTOS LIMITED Director's Dealing 2007

Apr 16, 2007

65872_rns_2007-04-16_4c1ec4d3-71bb-4e6f-ab8c-2685447e5339.pdf

Director's Dealing

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Appendix 3Y

Rule 3.19A.2

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 2 OCTOBER 2006

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 Registered holder and interest: S. Gerlach Pty Ltd.
(including registered holder)
Note: Provide details of the circumstances giving rise to the relevant
interest.
The Director is a shareholder and director of the
Registered Holder.
Registered holder and interest: Invia Custodian Pty
Ltd for the Gerlach Super Fund. The Director is a
beneficiary of the Gerlach Super Fund.
Date of change 2 April 2007
No. of securities held prior to change 44,880 fully paid ordinary shares.
Class Fully paid ordinary shares.
Number acquired 945
Number disposed N/A
Value/Consideration
Note: If consideration is non-cash, provide details and estimated valuation
\$9.499914
No. of securities held after change 45,825 fully paid ordinary shares.
Nature of change Allocation resulting from participation in the
Example: on-market trade, off-market trade, exercise of options, issue of Dividend Reinvestment Plan.
securities under dividend reinvestment plan, participation in buy-back

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