INSTRUCTIONS - Realview

Directors’ ReportFor the year ended 30 June 2009The Directors present their report on the consolidated entity “St Barbara Group”, consisting of St Barbara Limited and theentities it controlled at the end of, or during, the financial year ended 30 June 2009.DirectorsThe following persons were Directors of St Barbara Limited at any time during the year and up to the date of this report:S J C WiseChairmanT J Lehany Managing Director & CEO Appointed 2 March 2009E Eshuys Managing Director & CEO Resigned 2 March 2009D W BaileyB J GibsonP C LockyerR K RaeNon-Executive DirectorNon-Executive DirectorNon-Executive DirectorNon-Executive DirectorPrincipal activitiesDuring the year the principal activities of the consolidated entity were mining and the sale of gold, mineral explorationand development. There were no significant changes in the nature of activities of the consolidated entity during the year.DividendsThere were no dividends paid or declared during the financial year.Consolidated ResultsThe result reported by the consolidated entity for the year ended 30 June 2009 was a net loss after tax of $76,344,000(2008: net loss of $17,333,000), which included significant items amounting to a net loss of $76,553,000(2008: net profit of $11,958,000). The consolidated revenues and result for the year are summarised as follows:30 June 09 30 June 08$’000 $’000Sales revenue 281,129 143,129EBITDA (including significant items) 39,701 12,340EBIT (including significant items) (70,403) (18,439)Net (loss) after tax for the year (76,344) (17,333)Total net significant items (76,553) 11,958EBITDA – excluding significant items 52,445 382EBIT – excluding significant items 6,150 (30,397)Net profit/(loss) after tax – excluding significant items 209 (29,291)24