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METRO MINING LIMITED Major Shareholding Notification 2014

Mar 26, 2014

65351_rns_2014-03-26_bfdc0b40-8923-4eb5-aed0-7626c2d06e6d.pdf

Major Shareholding Notification

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27[th ] March 2014

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ACN 117 763 443

ASX ANNOUNCEMENT

MetroCoal Secures Strategic Stake in Cape Alumina - moving from 6.87% to 46%

MetroCoal is pleased to announce that it has substantially increased its shareholding in Cape Alumina Limited from 6.87% to 46.04% through the purchase of 95,059,489 shares. The shares were purchased at 0.6 cents per share under the terms of the offer made on 18 March 2014

Details of the Offer are set out in the Bidder's Statement which can be viewed at http://metrocoal.com.au/uploads/MTE_Bidder_Statement.pdf.

For further information, please contact:

Mr Mike O’Brien Chief Executive Officer

Phone: +61 (7) 3249 3040 Fax: +61 (7) 3249 3041 Email: [email protected] Postal Address: GPO Box 122, Brisbane QLD 4001 Further information on MetroCoal can be found on our website www.metrocoal.com.au