GROUP 6 METALS LIMITED — Director's Dealing 2014

May 7, 2014

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 17[th] July 2013

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	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	A related entity, Chrysalis Investments Pty Ltd
Date of change	2ndMay 2014, 5thMay 2014, 6thMay 2014 and 7thMay 2014
No. of securities held prior to change	17,680,530
Class	Ordinary fully paid shares
Number acquired	Date	Number
	2ndMay 2014 5thMay 2014 6thMay 2014 7thMay2014	73,172 189,800 288,600 240,123
	Total	791,695
Number disposed	Nil
Value/Consideration Note: If consideration is non‐cash, provide details and estimated valuation	Centsper share	Number
	11.0 11.6 12.0	73,172 478,400 240,123
	Total	791,695
No. of securities held after change	18,472,225

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change On‐market trades 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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non‐cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	Yes
If so, was prior written clearance provided to allow the trade to proceed during this period?	Yes
If prior written clearance was provided, on what date was this provided?	2ndMay 2014

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011