LATITUDE 66 LIMITED — Director's Dealing 2014

Oct 20, 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 Syndicated Metals Limited ABN 61 115 768 986

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 Munckton
Date of last notice	12 December 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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	2,798,209 Performance Rights held by Metamorphic Investments Pty Ltd as approved by shareholders at the Annual General Meeting held on 8 October 2014.
Date of change	21/10/2014
No. of securities held prior to change	6,306,306 shares held by Metamorphic Investments Pty Ltd, 2,364,864 options held by Metamorphic Investments Pty Ltd as trustee for Munckton Superannuation Fund and 5,000,000 Performance Rights held by Metamorphic Investments Pty Ltd as trustee for Munckton FamilyTrust.
Class	Unlisted Performance Rights
Number acquired	2,798,209
Number disposed	Nil.
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	6,306,306 shares held by Metamorphic Investments Pty Ltd, 2,364,864 options held by Metamorphic Investments Pty Ltd as trustee for Munckton Superannuation Fund, 5,000,000 Performance Rights held by Metamorphic Investments Pty Ltd as trustee for Munckton Family Trust and 2,798,209 Performance Rights held by Metamorphic Investments Pty Ltd.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issued under the terms of the Company’s Performance Rights Plan and as approved by shareholders at the Annual General Meeting held on 8 October 2014.

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.

be disclosed in thispart.
Detail of contract	Nil.
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?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A
` Date of Notification: 21 October 2014

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011