NEOMETALS LTD — Director's Dealing 2013

Jun 23, 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

24 June 2013

Company Announcements Office ASX Limited Via Electronic Lodgement

Dear Sirs

Receipt and Approval of Requests to Deal in Company Shares

The Company advises that it has received requests under its securities trading policy from David Reed and Christopher Reed to deal in the Company’s shares. The Company has been advised that the purpose of the requests is to effect a transfer of 4,500,000 shares from David Reed (or his associated entities) to Christopher Reed, and a subsequent movement of those shares by Christopher Reed to his financier by way of security pursuant to a commercial loan and share pledge arrangement he has entered into, as was announced to ASX on 6 July 2011. Christopher Reed has advised the Company that he proposes to make this transfer of shares to his financier on a voluntary basis as part of a renegotiation of arrangements with his financier to remove a number of RDR share price levels at which further security top-ups would be required, together with a reduction in the term of the loan by approximately 6 months.

In light of recent trading activity in the Company’s shares, the Company considers that, in order to ensure a fully informed and orderly market in its shares, it is appropriate to notify the market that the relevant members of the Board intend to approve the requests to deal in those shares for that purpose in accordance with the Company’s securities trading policy with effect from midday (Perth time) today.

Yours faithfully

Darren Wates

COMPANY SECRETARY

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