GROUP 6 METALS LIMITED — Director's Dealing 2011

Mar 16, 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	Andrew Plummer
Date of last notice	16thDecember 2010

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	Direct and Indirect Interests
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Registered holders of indirect interests are:Ranamok Pty Ltd, as trustee for theRanamok Family Trust; andVesade Pty Limited, a companycontrolled by Mr Plummer.
Date of change	Not applicable
No. of securities held prior to change	2,734,146
Class	Fully paid ordinary shares
Number acquired	Nil
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Not applicable
No. of securities held after change	2,734,146

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change	Not applicable
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back

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 issue
	announced on 11thMarch 2011, a sub-underwriting
	agreement with the Underwriter to sub-underwrite
	$100,000 of the Offer.
	Ranamok Pty Ltd will receive a sub-underwriting fee
	from the Underwriter equal to 1.25% of the amount sub-
	underwritten.
Name of registered holder	Ranamok Pty Ltd
(if issued securities)
Date of change	11thMarch 2011
No. and class of securities to which	Nil
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired	Commitment to sub-underwrite 384,615 ordinary fully
	paid shares
Interest disposed	Nil
Value/Consideration	26 cents each
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change	Commitment to sub-underwrite 384,615 ordinary fully
	paid shares

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed	No
above traded during a+closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade	Not applicable
to proceed during this period?
If prior written clearance was provided, on what date was this	Not applicable
provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011