ADVANCE METALS LIMITED — Director's Dealing 2010

Jan 5, 2010

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6 January 2010

The Manager Company Announcements Office Australian Securities Exchange

By e-lodgement (ASX code: MFC)

Dear Sir/Madam

FINAL DIRECTORS INTEREST NOTICE

The attached Appendix 3Z represents Mr Warren Eades director’s final interest notice relating to his resignation on 18 December 2009. The notice has been submitted after the required lodgement period required by the ASX due to an administrative oversight.

The Company has arrangements in place where directors understand their obligations to notify the Company Secretary when there are changes to their interests in the Company. Where applicable, appropriate documentation is obtained from the directors as support for disclosures made.

The Company also advises that the arrangements in place are sufficient to ensure that directors’ interests are disclosed in accordance with Listing Rule 3.19A. However, the circumstances under which this oversight occurred will in future be mitigated through more rigorous control.

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________________ Arno de Vos Company Secretary

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Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Metals Finance Limited ABN 127 131 604

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Mr Warren Richard Eades
Date of last notice	4 November 2008
Date that director ceased to be director	18 December 2009

Part 1 – Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil

• See chapter 19 for defined terms.

Appendix 3Z Page 1

Appendix 3Z Final Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interestNote: Provide details of the circumstances giving rise tothe relevant interest	Number & class of securitiesNot applicable

Part 3 – Director’s interests in contracts

Detail of contract	Not applicable
Nature of interest	Not applicable
Name of registered holder(if issued securities)	Not applicable
No. and class of securities towhich interest relates	Not applicable

• See chapter 19 for defined terms.

Appendix 3Z Page 2