GROUP 6 METALS LIMITED — Director's Dealing 2011

Apr 20, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of 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 30/09/01 Amended 01/01/11

Name of entity King Island Scheelite Limited

ABN 40 004 681 734

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Anthony Haggarty

Date of last notice 14[th] April 2011

Part 1 - Change of director’s relevant interests in securities

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.

Direct or indirect interest	Indirect interest
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Registered holder is HFTT Pty Ltd as trusteefor The Haggarty Family Trust.
Date of change	19thApril 2011
No. of securities held prior to change	7,358,237
Class	Fully paid ordinary shares
Number acquired	176,522
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	26 cents each
No. of securities held after change	7,534,759
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Sub-underwriting of renounceable rightsissue announced on 11thMarch 2011.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

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.

Detail of contract	General sub-underwriting commitment
Nature of interest	In accordance with the renounceable rights issueannounced on 11thMarch 2011, a sub-underwritingagreement with the Underwriter to sub-underwrite$100,000 of the Offer.HFTT Pty Ltd will receive a sub-underwriting fee fromthe Underwriter equal to 1.25% of the amount sub-underwritten.
Name of registered holder(if issued securities)	HFTT Pty Ltd
Date of change	19thApril 2011
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	Commitment to sub-underwrite 384,616 ordinary fullypaid shares
Interest acquired	Nil
Interest disposed	Commitment to sub-underwrite 384,616 ordinary fullypaid shares
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change	Nil

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where priorwritten clearance was required?	Not applicable
If so, was prior written clearance provided to allow thetrade to proceed during this period?	Not applicable
If prior written clearance was provided, on what datewas this provided?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011