METRO MINING LIMITED — Major Shareholding Notification 2013

Jan 24, 2013

Form 605

Corporations Law Section 671B

Notice of ceasing to be a substantial holder

To: Company Name/Scheme	Metrocoal Ltd
ACN/ARSN	117 763 443
1. Details of substantial holder (1)
Name		Bank of America Corporation and its related bodies corporate
ACN/ARSN (if applicable):
The holder ceased to be a substantial shareholder on		23 January 2013
The previous notice was given to the company on		31 December 2012
The previous notice was dated		27 December 2012

Changes in relevant interests $2.$

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of Change (4)	Consideration given in relation to change (5)	Class (6) and Number of securities affected	Person's votes affected
4 Jan 2013	Merrill Lynch (Australia) Futures Ltd	Buy	206,250	Ordinary 1.250.000	1,250,000
23 Jan 2013	Merrill Lynch (Australia) Futures Ltd	Sell	640,000	Ordinary (4,000,000)	(4,000,000)

$3.$ Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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
N/A	N/A

4. Addresses

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

Name	Address
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255, USA
Merrill Lynch (Australia) Futures Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
Merrill Lynch (Australia) Nominees Pty Ltd	Level 19, 120 Collins St, Melbourne Vic 3000, Australia

SIGNATURE

	Print Name: Roland Chan	Capacity: Authorised signatory
Sign Here:	$W_{\text{max}}$	Date: 25 January 2013