MAGONTEC LIMITED — Major Shareholding Notification 2012

Jul 30, 2012

Limited

Office No.10 Level 8 139 Macquarie St Sydney NSW 2000 Australia Ph: 61 2 8231 7085 FAX: 61 2 9252 8960

31 July 2012

Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney, NSW, 2000

Dear Sirs,

Appendix 4C – Quarter Ended 30 June 2012

The above quarterly cash flow report incorrectly reported the percentage interest of major shareholders in the Company. The correct levels of interest are shown in the table below.

Substantial Shareholders

Major Shareholders	No. of shares	Incorrect Percentage Interest Reported on 31 July 2012	Corrected Percentage Interest
KWE(HK)Investment Development CoLimited	55,797,298	15.10	13.13
Qinghai Salt Lake Magnesium IndustryLimited	55,435,784	15.00	13.04
Straits Mine Management Pty Limited	40,499,167	10.96	9.53

Yours Sincerely

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John Talbot Company Secretary. Magontec Limited