Ann: Initial Director's Interest Notice , page-3

Sov. risk:

Sydney - Friday - July 8: (RWE Australian Business News) -
Republic Gold Ltd (ASX:RAU) has met a number of high-level government
representatives to discuss the development of the company's Amayapampa
Gold Project in Bolivia.
Representatives attending this meeting included senior
representatives of the Ministry of Government, the Ministry of Mines,
the Ministry of Labor, the Vice Ministry of Land, the Segunda Mayor from
Ayllu Chayantaca and representatives of the National Institute for
Agricultural Reform.
The meeting was held on Wednesday June 29 in the offices of the
Bolivian Labor Ministry.
"Republic is pleased to advise that during discussions at the
meeting, important steps were taken in negotiations with the Amayapampa
Union to provide a framework for ongoing discussions between the company
and its employees as Republic looks to develop its flagship gold
project," executive chairman Mr Peter Wicks said.
He said Republic believed that as a result of this meeting vital
issues, including land right usage and further social licence agreements
(following the successful granting of the original social licence
agreement in July 2010), would be advanced.