NEOMETALS LTD — Director's Dealing 2011

Apr 4, 2011

==> picture [285 x 63] intentionally omitted <==

97 Outram St West Perth WA 6005 Tel: + 61 8 9322 1182 Fax: + 61 8 9321 0556

5 April 2011

Company Announcements Office ASX Limited Via Electronic Lodgement

Dear Sirs

Change in Director’s Interest

Please find attached Appendices 3Y in relation to the issue of shares to Directors pursuant to the Company’s recent Share Purchase Plan.

Yours faithfully

==> picture [88 x 46] intentionally omitted <==

Jason Carone COMPANY SECRETARY

==> picture [60 x 57] intentionally omitted <==

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 30/09/01 Amended 01/01/11

Name of entity Reed Resources Ltd ABN 89 099 116 631

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 John Reed
Date of last notice	6 December 2010

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	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	A. David John Reed
Date of change	31 March 2011
No. of securities held prior to change David John Reed Judith Mary Reed Trucking Nominees Pty Ltd Trucking Nominees Pty Ltd ATF D.J. Reed Superannuation Fund Coal Holdings Pty Ltd	8,019,149 Ordinary Fully Paid 1,000,000 Unlisted Options at $1.00 127,034 Ordinary Fully Paid 727,034 Ordinary Fully Paid 1,500,000 Unlisted Options at $0.80 12,277,034 Ordinary Fully Paid 600,000 Ordinary Fully Paid

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Class	Ordinary Fully Paid
Number acquired	25,862
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15,000
No. of securities held after change David John Reed Judith Mary Reed Trucking Nominees Pty Ltd Trucking Nominees Pty Ltd ATF D.J. Reed Superannuation Fund Coal Holdings Pty Ltd	8,045,011 Ordinary Fully Paid 1,000,000 Unlisted Options at $1.00 127,034 Ordinary Fully Paid 727,034 Ordinary Fully Paid 1,500,000 Unlisted Options at $0.80 12,277,034 Ordinary Fully Paid 600,000 Ordinary Fully Paid
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Participation in the Company’s Share Purchase Plan.

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 Nature of interest Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	N/A
If prior written clearance was provided, on what date was this provided?	N/A

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

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 30/09/01 Amended 01/01/11

Name of entity Reed Resources Ltd ABN 89 099 116 631

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	Steven Cole
Date of last notice	6 December 2010

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Gidleigh Pty Ltd Director/Secretary Shareholder
Date of change	31 March 2011
No. of securities held prior to change	17,034 Ordinary Fully Paid 250,000 Unlisted Options at $1.20 350,000 Unlisted Options at $0.80 500,000 Unlisted Options at $1.00
Class	Ordinary Fully Paid
Number acquired	25,862
Number disposed	-
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$15,000

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change 42,896 Ordinary Fully Paid 250,000 Unlisted Options $1.20 350,000 Unlisted Options $0.80 500,000 Unlisted Options $1.00 Nature of change Participation in the Company’s Share

Example: on-market trade, off-market trade, exercise of options, Purchase Plan. issue of securities under dividend reinvestment plan, participation in buy-back

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.

==> picture [434 x 316] intentionally omitted <==

----- Start of picture text -----

Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade N/A to proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011