LCL RESOURCES LIMITED — Director's Dealing 2012

Jun 24, 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 Metminco Limited

ABN 43 119 759 349

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 DirectorDate of last notice	William James Howe21 July 2009

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 interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.Date of changeNo. of securities held prior to change	IndirectMr Howe holds an indirect interest in17,464,168fullypaidordinarysharesthrough Wilnic Pty Ltd (ATF The WilnicFamily Trust), in which he holds a 100%interest, and 30,800,000 fully paid ordinaryshares through NJ and WJ Howe (ATF TheHowe Superannuation Fund) in which heholds a 100%interest.20 June 2012
	48,264,168
Class	Ordinary shares
Number acquired	404,927 through Wilnic Pty Ltd (ATF TheWilnic Family Trust)66,000 through NJ and WJ Howe (ATF TheHowe Superannuation Fund)
Number disposed	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	The in-specie distribution was completed onthe basis of 1.1 MNC shares for each 1Takoradi share held at the record date, being13 June 2012
No. of securities held after change	17,869,095 through Wilnic Pty Ltd (ATF theWilnic Family Trust)30,866,000 through NJ and WJ Howe (ATFThe Howe Superannuation FundTotal: 48,735,095
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	In specie distribution of Metminco Limitedfully paid ordinary shares by TakoradiLimited

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	Not applicable
Nature of interest	Not applicable
Name of registered holder(if issued securities)	Not applicable
Date of change	Not applicable
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	Not applicable
Interest acquired	Not applicable
Interest disposed	Not applicable
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	Not applicable
Interest after change	Not applicable

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?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

If so, was prior written clearance provided to allow the tradeto proceed during this period?	Not applicable
If prior written clearance was provided, on what date was thisprovided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3