METRO MINING LIMITED — Director's Dealing 2009

Dec 6, 2009

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 30/9/2001.

Name of entity MetroCoal Limited ABN 45 117 763 443

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	John Kevin Haley
Date of last notice	7 December 2009 (Initial Interest 3X Form on listing)

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 and direct
Nature of indirect interest	Ordinary Shares and Options held	through a
(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	companyofwhichaDirectorandShareholder
Date of change	4 December 2009
No. of securities held prior to change	500,000unlisted options exercisable at 25
	cents per share expiring 3 years from the date
	of admission of the Entity’s shares on the
	ASX
	200,000fully paid ordinary shares	(of which
	120,000 shares are held in escrow for 24
	months from the listing of the entity on the
	ASX)
Class	ORDINARY SHARES
Number acquired	12,500
Number disposed	N/A
Value/Consideration	Totals of $2,500 forpurchase	of 12,500
Note: If consideration is non-cash, provide details and estimated valuation	shares indirectly

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	500,000unlisted options exercisable at 25
	cents per share expiring 3 years from the date
	of admission of the Entity’s shares on the
	ASX
	212,500fully paid ordinary shares (of which
	120,000 shares are held in escrow for 24
	months from the listing of the entity on the
	ASX)
Nature of change	On-market purchase of shares
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	N/A
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

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002