NEOMETALS LTD — Director's Dealing 2012

Jun 26, 2012

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.

We (the entity) give ASX the following the director for the purposes of section	information under listing rule 3.19A.2 and as agent for 205G of the Corporations Act.
Name of Director	David John Reed
Date of last notice	15 May 2012

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 and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	B. Judith Mary Reed Spouse D. Trucking Nominees Pty Ltd ATF D.J. Reed Superannuation Fund Director/Secretary Member of Fund
Date of change	27 June 2012

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change A. David John Reed B. Judith Mary Reed C. Trucking Nominees Pty Ltd D. Trucking Nominees Pty Ltd ATF D.J. Reed Superannuation Fund E. Coal Holdings Pty Ltd	8,905,684 Ordinary Fully Paid 1,000,000 Unlisted Options at $0.984 222,310 Ordinary Fully Paid 1,272,310 Ordinary Fully Paid 1,500,000 Unlisted Options at $0.784 15,527,034 Ordinary Fully Paid 1,050,000 Ordinary Fully Paid
Class	Ordinary Fully Paid
Number acquired B. Judith Mary Reed	2,264,916
Number disposed A. David John Reed D. Trucking Nominees Pty Ltd ATF D.J. Reed Superannuation Fund	852,916 1,412,000
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	$421,804.88
No. of securities held after change A. David John Reed B. Judith Mary Reed C. Trucking Nominees Pty Ltd D. Trucking Nominees Pty Ltd ATF D.J. Reed Superannuation Fund E. Coal Holdings Pty Ltd	8,052,768 Ordinary Fully Paid 1,000,000 Unlisted Options at $0.984 2,487,226 Ordinary Fully Paid 1,272,310 Ordinary Fully Paid 1,500,000 Unlisted Options at $0.784 14,115,034 Ordinary Fully Paid 1,050,000 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	Off market trades pursuant to a restructuring of personal affairs

• See chapter 19 for defined terms.

Appendix 3Y Page 2

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Appendix 3Y Change of Director’s Interest Notice

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 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

Were the interests in the securities or contracts detailed Yes above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade Yes to proceed during this period? If prior written clearance was provided, on what date was this 26 June 2012 provided?

• See chapter 19 for defined terms.

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