ACROW LIMITED — Major Shareholding Notification 2011

Jan 19, 2011

page 1/3 15 July 2001

604

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial shareholder

To: Company name/ Scheme NOBLE MINERAL RESOURCES LIMITED

ACN/ ARSN

124 893 465

1. Details of substantial holder (1)

Name MR WAYNE DAVID NORRIS

ACN/ ARSN (if applicable)

There was a change in the interests of the substantial holder on

20 JANUARY 2011 The previous notice was given to the company 18 NOVEMBER 2010 on The previous notice was dated on 18 NOVEMBER 2010

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Class of securities (4)	Previous notice	Previous notice		Present Notice	Present Notice	Present Notice
	Person’s votes		VotingPower(5)		Person’s votes		VotingPower(5)
FULLY PAID ORDINARY SHARES 43,140,000			12.40%		43,140,000		11.34%
3. Changes in relevant interests
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since
the substantial holder	was last required to give a substantial holding notice to the company or scheme are as follows:
Date of change	Person whose relevant interest changed	Nature of change (6)		Consideration given in relation to change(7) Class and number of securities affected			Person’s votes affected
29 DEC 2010 AND 20 JAN 2011	MR WAYNE DAVID NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 5,710,000 FULLY ORDINARY PAID SHARES			5,710,000
29 DEC 2010 AND 20 JAN 2011	MR WAYNE DAVID NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 5,000,000 FULLY ORDINARY PAID SHARES			5,000,000
29 DEC 2010 AND 20 JAN 2011	MR WAYNE DAVID NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 27,000,000 FULLY ORDINARY PAID SHARES			27,000,000
29 DEC 2010 AND 20 JAN 2011	MR WAYNE DAVID NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 945,000 ORDINARY FULLY ORDINARY PAID SHARES			945,000
29 DEC 2010 AND 20 JAN 2011	MRS BARBARA MELVA NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 2,585,000 FULLY ORDINARY PAID SHARES			2,585,000
29 DEC 2010 AND 20 JAN 2011	MR CRAIG JAMES NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 945,000 FULLY ORDINARY PAID SHARES			945,000
29 DEC 2010 AND 20 JAN 2011	MR LUKE DAVID NORMAN NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 10,000 FULLY ORDINARY PAID SHARES			10,000
29 DEC 2010 AND 20 JAN 2011	MR SHANE IAN NORRIS	COMPANY ISSUED 33,000,000 SHARES		NOT APPLICABLE 945,000 FULLY ORDINARY PAID SHARES			945,000

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4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:	4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Holder of relevant interest		Registered holder of securities		Person entitled to be registered as holder (8)		Nature of relevant interestB	Class and number of securities	Person’s votes
MR WAYNE DAVID NORRIS		MR WAYNE DAVID NORRIS		MR WAYNE DAVID NORRIS		DIRECTLY HELD	5,710,000 FULLY ORDINARY PAID SHARES	5,710,000
MR WAYNE DAVID NORRIS **FUND>		MR WAYNE DAVID NORRIS **FUND>		MR WAYNE DAVID NORRIS **FUND>		INDIRECTLY HELD	5,000,000 FULLY ORDINARY PAID SHARES	5,000,000
MR WAYNE DAVID NORRIS		MR WAYNE DAVID NORRIS		MR WAYNE DAVID NORRIS		INDIRECTLY HELD	27,000,000 FULLY ORDINARY PAID SHARES	27,000,000
MR WAYNE DAVID NORRIS		MR WAYNE DAVID NORRIS		MR WAYNE DAVID NORRIS		INDIRECTLY HELD	945,000 ORDINARY FULLY ORDINARY PAID SHARES	945,000
MRS BARBARA MELVA NORRIS		MRS BARBARA MELVA NORRIS		MRS BARBARA MELVA NORRIS		INDIRECTLY HELD	2,585,000 FULLY ORDINARY PAID SHARES	2,585,000
MR CRAIG JAMES NORRIS		MR CRAIG JAMES NORRIS		MR CRAIG JAMES NORRIS		INDIRECTLY HELD	945,000 FULLY ORDINARY PAID SHARES	945,000
MR LUKE DAVID NORMAN NORRIS		MR LUKE DAVID NORMAN NORRIS		MR LUKE DAVID NORMAN NORRIS		INDIRECTLY HELD	10,000 FULLY ORDINARY PAID SHARES	10,000
MR SHANE IAN NORRIS		MR SHANE IAN NORRIS		MR SHANE IAN NORRIS		INDIRECTLY HELD	945,000 FULLY ORDINARY PAID SHARES	945,000
5. Changes in association The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme as follows:
Name and ACN/ARSN(if applicable)					Nature of association
NOT APPLICABLE
6. Addresses The addresses of persons named in this form are:
Name					Address
MR WAYNE DAVID NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
MR WAYNE DAVID NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
MR WAYNE DAVID NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
MR WAYNE DAVID NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
MRS BARBARA MELVA NORRIS					39 HYBRID COURT BANJUP WA 6164
MR CRAIG JAMES NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
MR LUKE DAVID NORMAN NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
MR SHANE IAN NORRIS					PO BOX 1021 SOUTH PERTH WA 6951
	Signature print name		MR WAYNE DAVID NORRIS capacity
	sign here		date 20 JANUARY 2011

Signature
	print name	MR WAYNE DAVID NORRIS	capacity
	sign here		date	20	JANUARY	2011

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DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.