GROUP 6 METALS LIMITED — Director's Dealing 2012

Aug 7, 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	21stApril 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 therelevant interest.	Registered holder is HFTT Pty Ltd as trustee for TheHaggarty Family Trust.
Date of change	Not applicable
No. of securities held prior to change	7,534,759
Class	Fully paid ordinary shares
Number acquired	Nil
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Not applicable
No. of securities held after change	7,534,759
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestment plan,participation in buy-back	Not applicable

• 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	1stAugust 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	Nil
Interest acquired	Commitment to underwrite 2,291,237 ordinary fully paidshares at $0.072 per share.
Interest disposed	Nil
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	Commitment to underwrite 2,291,237 ordinary fully paidshares at $0.072 per share.

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