METRO MINING LIMITED — Major Shareholding Notification 2010

Aug 18, 2010

$\frac{1}{2}$

	FORM 604 Corporations Act 2001 Section 671B
	Notice of change of interests of substantial holder
To Company Name/Scheme	Metrocoal Ltd
ABN	45 117 763 443
1. Details of substantial holder(1)
Name	Bank of America Corporation
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on	17-Aug-10
The previous notice was given to the company on	11-Aug-10

1. Previous and present voting power

The previous notice was dated

$\ddot{\phantom{a}}$

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a
relevant interest (3) in when last required, and when now r

6-Aug-10

Class of		Previous Notice		Present Notice
socurities (4)	Parson's voles (5)	Voting power (6)	Person's votes (5)	Voting power (6)
Ordinary
Shares	12,072,605	8.52%	14.257.086	10.06%
				.

3. Changes in relevant interests

Particulars of each change in, or change in the nature of a relevant interat of the aubstantial holder or an associate in voting securities of the company or scheme,
since the substantial holder was last required to give a

Date of change charged	Person whose relevant Interest	Mature of change (6)	Consideration given in (relation to change (7)	Class of securities laffected	Securities	Person's votes affected
	Merriil Lynch Intornational	Primo Broker with rehypothecation right Ipursuant to Prime Brokerage agreement (sea relevant clause below)"	N/A	Ordinary Shares	2.184.481	2.184.481

12.9 The Customer hereby consents (without any further notice, consent or reference) to MLI from time to time utilising any Securities for MLI's own purposes
and for its own benefit on the terms apecified in this Clause 12

$\frac{1}{k}$

4. Present relevant interests

Particulars of each relevant interest of the substantial hotder in voting securities after the change are as follows;

Holder of Irelevant linterest	securities	Registered holder of Persons entitled to be registered as holder (8)	lNature of relevant Interest (6)	Class of securities Securities		Person's votes
lBank of America Corporation	Deemod Interest from Associatos	IN/A	Indirect Owner	Ordinary Shares	14,257,086	14.257.086
Merrill Lynch linternational	Merrill Lynch International	Prime Broker with rehypothecation right pursuant to Prime Brokerage agreement.	Beneficial Owner	Ordinary Shares	9,703,711	9.703.711
Merrill Lynch International (Australia) Ltd	Merrill Lynch International (Australia) Limited	Merrill Lynch International (Australia) Limited	Beneficial Owner	Ordinary Sharos	4,553,375	4,553,375

5. Changes in association

The persons who have become assciates (2) of, cessed to be associates of, or changed the nature of their association (9) with, the substantial holder in relation
to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (If applicable) Nature of association

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Bank of Amorica Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255
Merrill Lynch International	Merrill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HO
Merrill Lynch International (Australia) Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney 2000

*This report is submitted on the basis of our present understanding of ASIC's current policy on reporting by Prime Brokers

Signature

print name	Danielle Tobin	capacily	Vice President. Bank of America Corporation
sign here	Sanliner	date	19-Aug-10