GROUP 6 METALS LIMITED — Director's Dealing 2013

May 30, 2013

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 Christopher ELLIS

Date of last notice 9[th] November 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
Nature of indirect interest	A related entity, Chrysalis Investments
(including registered holder)Note: Provide details of the circumstances giving rise to the relevant	Pty Ltd
interest.
Date of change	None
No. of securities held prior to change	5,489,905
Class	Ordinary fully paid shares
Number acquired	Nil
Number disposed	Nil
Value/Consideration	Nil
Note: If consideration is non‐cash, provide details and estimated
valuation
No. of securities held after change	5,489,905
Nature of change	None
Example: on‐market trade, off‐market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation in
buy‐back

• 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 non‐renounceable rightsissue announced on 29thMay 2013, anunderwriting agreement underwriting $837,962of the Offer.Offer price is $0.051 per share.Chrysalis Investments Pty Ltd will receive anunderwritingfee totalling $26,172.
Name of registered holder(if issued securities)	Chrysalis Investments Pty Ltd ABN 74 640 925989 as trustee for the Ellis Family Trust
Date of change	28thMay 2013
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	Nil
Interest acquired	Commitment to underwrite 16,430,619 ordinaryfully paid shares at $0.051per share.
Interest disposed	Nil
Value/ConsiderationNote: If consideration is non‐cash, provide details and anestimated valuation	$26,172 underwriting fee
Interest after change	Commitment to underwrite 16,430,619 ordinaryfully paid shares at $0.051per 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?	Yes
If so, was prior written clearance provided to allow the tradeto proceed during this period?	Yes
If prior written clearance was provided, on what date was thisprovided?	28thMay 2013

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011