RNS Number:6954F
Ballarat Goldfields N.L.
05 July 2006

                                                          BALLARAT GOLDFIELDS NL


ASX and Media release: 5th July 2006


                          Top 20 Ordinary Shareholders


Ballarat Goldfields NL (BGF) advises that following the notice by Mason Hill
Asset Management dated 14 June 2006, ceasing to be a substantial shareholder,
the top 20 registered holders of ordinary fully paid shares as at 30 June 2006
are as follows:

Rank              Name                                Units Held at  % of Issued  
                                                      end of period    Capital
1   NATIONAL NOMINEES LIMITED                           180,263,853    15.17
2   WESTPAC CUSTODIAN NOMINEES LIMITED                  133,914,284    11.27
3   J P MORGAN NOMINEES AUSTRALIA LIMITED               107,249,482     9.03
4   ANZ NOMINEES LIMITED                                 68,382,595     5.76
5   HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED            57,687,975     4.86
6   CS THIRD NOMINEES PTY LTD                            53,063,263     4.47
7   HSBC CUSTODY NOMINEES (AUSTRALIA)LTD                 40,910,597     3.44
8   INTERNATIONAL COMMODITY FINANCE LIMITED              32,438,266     2.73
9   CITICORP NOMINEES PTY LIMITED                        25,697,282     2.16
10  NORTHCLIFFE HOLDINGS PTY LTD                         24,600,000     2.07
11  COMPUTERSHARE CLEARING PTY LTD                       22,163,942     1.87
12  RBC SECURITIES NOMINEES PTY LIMITED                  20,354,612     1.71
13  FORTIS CLEARING NOMINEES P/L                         13,602,084     1.14
14  ALCHEMY SECURITIES PTY LTD                           10,000,000     0.84
15  MR COLIN SMITH + MRS ADRIENNE SMITH                   9,990,000     0.84
16  MERRILL LYNCH (AUSTRALIA) NOMINEES PTY LTD            6,467,066     0.54
17  MECHANISED MINING SERVICES PTY LTD                    5,490,000     0.46
18  MR JOHN S HEWSON + MRS ROSEMARY HEWSON                5,400,000     0.45
19  RFC GROWTH FUND LIMITED                               5,150,000     0.43
20  LOFIVA PTY LTD                                        5,045,490     0.42
Total Top Holders Balance                               827,870,791    69.66

For further information, please visit our website www.ballarat-goldfields.com.au
or contact Joel Forwood, Manager Corporate and Markets, on 03 5327 1111.


                                      END




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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