GROUP 6 METALS LIMITED — Director's Dealing 2012

Sep 9, 2012

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	8thAugust 2012

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 therelevant interest.	Registered holder is HFTT Pty Ltd as trustee for TheHaggarty Family Trust.
	Date of change	6thSeptember 2012
	No. of securities held prior to change	7,534,759
	Class	Fully paid ordinary shares
	Number acquired	2,049,560
	Number disposed	Nil
	Value/Consideration	$0072 each
	Note: If consideration is non-cash, provide details andestimated valuation	.
	No. of securities held after change	9,584,319
	Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,iii i bbk	Participated in rights offer	Number1,255,794
	partcpaton n uy-ac	Accepted rights short fall	793,766
		Total	2049560
			,,

• 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	Underwriting Agreement
Nature of interest	In accordance with the renounceable rights issueannounced on 2ndAugust 2012, an underwriting agreementunderwriting $164,969.06 of the Offer.Offer price is $0.072 per share.HFTT Pty Ltd will receive an underwriting fee equal to 4.0%of the underwritten amount.
Name of registered holder(if issued securities)	HFTT Pty Ltd as trustee for The Haggarty Family Trust.
Date of change	6thSeptember 2012
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relation towhich the interest has changed	Commitment to underwrite 2,291,237 ordinary fully paidshares at $0.072 per share.
Interest acquired	Accepted rights short fall for 793,766 shares at $0.072 pershare.
Interest disposed	Commitment to underwrite 2,291,237 ordinary fully paidshares at $0.072 per share.
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	$6,598.76 underwriting fee (4.0% of the underwrittenamount).
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 prior writtenclearance was required?	No
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Not applicable
If prior written clearance was provided, on what date was thisprovided?	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011