HASTINGS TECHNOLOGY METALS LTD — Major Shareholding Notification 2011

Mar 10, 2011

604 Page 1 of 3 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme

ACN/ARSN

HASTINGS RARE METALS LTD (FORMERLY AUGUSTUS MINERALS LTD)

122 911 399

1. Details of substantial holder (1)

Name MATHEW DONALD WALKER

ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on

substantial holder on 09 / 03 / 2011 The previous notice was given to the company on 06 / 10 / 2010 The previous notice was dated 06 / 10 / 2010

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

ompany or scheme, are as follows:
Class of securities (4)	Previous notice		Present notice
	Person’s votes	Voting power(5)	Person’s votes	Voting power(5)
FULLY PAID ORDINARY	4,325,000	10.51%	4,500,000	7.69%
				Dilutedthrough shareissues

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

s follows:
Date ofchange	Person whoserelevant interestchanged	Nature of change (6)	Consideration givenin relation to change(7)	Class and numberof securitiesaffected	Person's votesaffected
08/10/2010	MATHEWDONALDWALKER	ON MARKETPURCHASE	$4,844.90	25,210 FPO	0.06%
11/10/2010	MATHEWDONALDWALKER	ON MARKETPURCHASE	$29,899.18	149,790 FPO	0.36%

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofrelevantinterest	Registered holderof securities	Person entitled to beregistered as holder(8)	Nature of relevantinterest (6)	Class and numberof securities	Person's votes

604 Page 3 of 3 15 July 2001

(9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.