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Investor Presentaiton

Simberi: record half year and calendar year gold production St Barbara LIMITED AISC (A$/oz) 1,619 1,310 Production (koz) 17.3 22.5 1,319 1,252 1,149 29.4 28.4 27.1 Q2 December FY16 Quarter: > 28,379 oz produced in Q2 (Q1: 29,539 oz) > Record production: > 58 koz for H1 FY16 > 108 koz for CY 2015 > AISC¹ of A$1,319/oz impacted by significant equipment purchase including: > Two new low hour excavators cost US$2M, arriving February (plus four low hour trucks purchased in Q3 due in Feb) > Underlying 'Total cash operating cost'¹ 2% lower in Q2 than in Q1 > FY 16 guidance refined: > Production between 100 - 110 koz (was 90 - 110 koz) AISC between A$1,350 and A$1,430/oz (was A$1,275 to A$1,400/oz) > FY 15 Q2 Dec FY 15 Q3 Mar FY 15 Q4 Jun FY 16 Q1 Sep FY 16 Q2 Dec 20 Asia Investor Relations Roadshow / March 2016 1. Non IFRS measure, refer corresponding slide in Appendix
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