GROUP 6 METALS LIMITED — Director's Dealing 2012

Aug 2, 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	Andrew Plummer
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	Direct and Indirect Interests
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Registered holders of indirect interests are:Ranamok Pty Ltd as trustee for the RanamokFamily Trust; andVesade Pty Limited a company controlled by MrPlummer.
Date of change	Not applicable
No. of securities held prior to change	3,802,299
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	3,802,299

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

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 issue
	announced on 2ndAugust 2012, an underwriting agreement
	underwriting $152,666.71 of the Offer.
	Offer price is $0.072 per share.
	Ranamok Pty Ltd will receive an underwriting fee equal to
	4.0% of the underwritten amount.
Name of registered holder	Ranamok Pty Ltd as trustee for the Ranamok Family Trust.
(if issued securities)
Date of change	1stAugust 2012
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 underwrite 2,120,371 ordinary fully paid
	shares at $0.072 per share.
Interest disposed	Nil
Value/Consideration	$6,106.67 underwriting fee (4.0% of the underwritten
Note: If consideration is non-cash, provide details and anestimated valuation	amount).
Interest after change	Commitment to underwrite 2,120,371 ordinary fully paid
	shares at $0.072 per share.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

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.

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