EVOLUTION MINING LIMITED — Major Shareholding Notification 2011

Feb 17, 2011

FORM 604
Corporations Act 2001
Section 671B

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Notice of change of interests of substantial holder
To Company Name/Scheme	CATALPA RESOURCES LIMITED
ACN/ARSN	74 084 669 036
1. Details of substantial holder(1)
Namo	Bank of America Corporation
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	14-Feb-11
The previous notice was given to the company on	8-Feb-11
The previous notice was dated	17-Feb-11

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 whon last required, and when now r

Class of		Previous Notice.		Present Notice
securities (4)	Person's votes (5)	Voting power (6)	Person's votes (5)	Voting power (6)
Ordinary
Shares	13.251.008	8.14%	9.242.089	5.19%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of a relevant interat 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 charged	Person whose relevant Interest	Nature of change (6)	Consideration given In relation to change (7)	Class of securities Securities affected laffected		Person's votes
N/A	Merrill Lynch International	Prime Broker with rehypothecation right lpursuant to Prime. Brokerage agreement (see relevant clause below)*	N/A	Ordinary Shares	4.207.654	4,207,654
Soo Schodule!	Merrill Lynch (Australia) Futures lLtd.	Market Transactions	See Schedule 1	Ordinary Shares	1.603	1.603
N/A	Merrill Lynch International (Australia) Ltd	Collateral Received	IN/A	Ordinary Shares	197.132	197,132

12.9 The Customer hereby consents (without any further notice, consent or reference) to MLI from time to time utilising any Securities for MLI's own purposes and
for its own benefit on the terms specified in this Clause 12 utilisation)........

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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:

Holder of Irelevant	Registered holder	Persons entitled to be	l Nature of relevant
linterest	of securities	registered as holder (8)	linterest (6)	Class of securities Securities		Parson's votes
lBank of lAmerica Corporation	Deemed Interest from Associates	IN/A	Indirect Owner	Ordinary Shares	9.242.089	9.242.089
Merrill Lynch International	Merrill Lynch International	Prime Broker with rehypothecation right loursuant to Prime Brokerage agreement.	Beneficiel Owner	Ordinary Shares	4.534,317	4,534,317
Merrill Lynch International (Australia) Ltd	Merrill Lynch International (Australia) Limited	Merrill Lynch International (Australia) Limited	Beneficial Owner	Ordinary Shares	202,807	202,807
Marrill Lynch (Australia) Futures Ltd	Merrill Lynch (Australia) Futures 'Ltd	Merrill Lynch (Australia) Futures Ltd	lBeneficial Owner.	Ordinary Shares	4,504,965	4.504.965

5. Changes in association

The persons who have become assolates (2) of, ceased to be associates of, or changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if
applicable)	Nature of association
		.

6. Addresses

The addresses of porsons named in this form are as follows:

Name	Address
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255
Merrill Lynch International	Merrill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HQ
Merrill Lynch International (Australia) Ltd	Level 38, Govenor Phillip Tower, 1 Farrer Place, Sydney 2000
	Merrill Lynch (Australia) Futures Ltd Level 38, Govenor Phillip Tower, 1 Farrer Place, Sydney 2000

*This report is submitted on the basis of our present understanding of ASIC's current policy on reporting by Prime Brokers

Signature

print name

Danielle Tobin

Bank of America Corporation

Director

sign here

Jaul Foli

date Feb 18 2011

capacity

Schedule to Form 604

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Group Name / Legal Entity	ASX	Stock	Trade Date	Trans Type	Trans Amount	Consideration
Merrill Lynch (Australia) Futures Ltd	CAH	Jrdinary	2/14/2011	Buv	-603	2.537

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