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	David Keith Barwick
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	Indirect and direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Ordinary Shares and Options held through acompanyofwhichaDirectorandShareholder
Date of change	4 December 2009
No. of securities held prior to change	500,000unlisted options exercisable at 25cents per share expiring 3 years from the dateof admission of the Entity’s shares on theASX200,000fully paid ordinary shares (of which120,000 shares are held in escrow for 24months from the listing of the entity on theASX)
Class	ORDINARY SHARES
Number acquired	50,000
Number disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	Totals of $10,000 forshares indirectly	purchaseof 50,000

• 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	No. of securities held after change	No. of securities held after change	No. of securities held after change	No. of securities held after change	500,000unlisted options exercisable at 25	500,000unlisted options exercisable at 25	500,000unlisted options exercisable at 25	500,000unlisted options exercisable at 25
					cents per share expiring 3 years fro		m the datees on the
					of admission oASX	f the Entity’s shar
					250,000fully paid ordinary shares120,000 shares are held in escromonths from the listing of the entASX)		(of whichw for 24ity on the
Es	Naturxample:ecurities	e of changeon-market trade, off-market tradunder dividend reinvestment plan,	e, exercise of options, issueparticipation in buy-back		On-market purchase of shares
				of
	art 2	– Change of direc	tor’s interests in	contracts

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002