NEOMETALS LTD — Board/Management Information 2013

Jan 31, 2013

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Level 1, 672 Murray St West Perth WA 6005 Locked Bag 8 West Perth WA 6872 Tel: + 61 8 9322 1182 Fax: + 61 8 9321 0556

ASX RELEASE

1 February 2013

Appointment of Cobb Johnstone as Non-Executive Director

Australian gold producer Reed Resources Ltd ( ASX: RDR ) ( “Reed” ) is pleased to announce the appointment of Colin (Cobb) Johnstone as a Non-Executive Director.

Mr Johnstone was formerly Vice-President of Operations and Chief Operating Officer at Equinox Minerals Limited, prior to the C$7.6b acquisition by Barrick Gold Corporation. Mr Johnstone was also Chief Operating Officer for Sino Gold Mining Limited when Eldorado Gold Corporation acquired it for A$2.4b. Most recently, he was Managing Director of Territory Resources Limited.

Mr Johnstone is a mining engineer with more than 30 years’ experience in the copper, gold and metalliferous mining industries, including both large open cut and underground operations. He holds a Bachelor of Engineering (Mining) from the University of Sydney.

Mr Johnstone has extensive industry experience, having served as General Manager at some of Australia’s largest mines, including KCGM (WA), Australia’s largest gold producer, Olympic Dam (SA) and Northparkes Mines (NSW). He has held senior production mining and management positions with WMC Resources and North Limited and has experience working in Zambia, China, Canada, Argentina as well as Australia.

Reed Chairman, David Reed, commented: “ Reed is extremely pleased to secure the services of Cobb Johnstone as a non-executive director. His operational expertise will be a key asset for the Company as we move ahead with production at the Meekatharra Gold Operation, and his Eastern States presence will add another dimension to the Board from a corporate perspective. Following the changes to the Board in 2012 in line with the Company’s Board refreshment program, Cobb’s appointment is the next phase of positioning the Company with the right Board structure, independence, experience and skill set to support the Company in achieving its objective of delivering shareholder value. ”

For further information please contact:

Luke Tonkin John Gardner Reed Resources Ltd MAGNUS Investor Relations T: +61 89322 1182 T: +61 413 355 997 E: enquiries@reedresources.com E: jgardner@magnus.net.au

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About Reed Resources

Reed Resources Ltd (ASX: RDR, OTC: RDRUY) is a Western Australian gold producer.

Reed Resources’ wholly owned Meekatharra Gold Operation is located in the prolific Murchison region of Western Australia and includes the 3 Mtpa Bluebird processing plant.

Reed Resources’ other projects include:

• Mount Marion: High-grade lithium project located 40km south of Kalgoorlie in JV with Mineral Resources Limited (ASX: MIN).

• Barrambie: Currently in approvals process and evaluating recovery of titanium, vanadium and iron units via a proprietary hydrometallurgical processing route.

• Comet Vale: Currently on care & maintenance. High grade resource.

• Mount Finnerty: Iron ore JV with Cliffs Natural Resources and nickel option with Barranco Resources NL.

Reed Resources’ American Depositary Receipts (ADR’s) trade under the code RDRUY (CUSIP Number: 758254106). Each Reed Resources ADR is equivalent to 10 ordinary shares of Reed Resources as traded on the ASX. The Bank of New York Mellon is the depository bank. Website: www.reedresources.com