NEOMETALS LTD — Director's Dealing 2017

May 9, 2017

10 May 2017

Company Announcements Office ASX Limited Via Electronic Lodgement

==> picture [205 x 214] intentionally omitted <==

Dear Sirs

Director share transactions

Neometals Ltd ( Company ) advises that Non-Executive Director Mr David Reed has sold 2,322,310 Company shares on-market. Mr Reed has advised the Company that the share transactions have been entered into as part of a restructuring of his personal affairs, following a protracted share trading blackout period for officers and employees of the Company. Mr Reed has also advised the Company that he does not intend to sell any more shares in the near future.

I confirm that these share trades were undertaken pursuant to the terms of the Company’s share trading policy with prior approval obtained within the terms of the policy.

An Appendix 3Y in respect of the share transactions is attached.

Yours faithfully

Jason Carone COMPANY SECRETARY

==> picture [49 x 49] intentionally omitted <==

==> picture [204 x 58] 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 Neometals 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	13 April 2017

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.	C. Trucking Nominees Pty Ltd E. Coal Holdings Pty Ltd
Date of change	4-9 May 2017
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	31,801,674 Ordinary Fully Paid 487,226 Ordinary Fully Paid 21,272,310 Ordinary Fully Paid 9,000,000 Ordinary Fully Paid 1,050,000 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 Shares
Number acquired	N/A
Number disposed C. Trucking Nominees Pty Ltd E. Coal Holdings Pty Ltd	1,272,310 Ordinary Fully Paid 1,050,000 Ordinary Fully Paid
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation C. Trucking Nominees Pty Ltd E. Coal Holdings Pty Ltd	$352,450.08 $288,500.00
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	31,801,674 Ordinary Fully Paid 487,226 Ordinary Fully Paid 20,000,000 Ordinary Fully Paid 9,000,000 Ordinary Fully Paid Nil
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	On market trades on 4, 5 & 9 May 2017.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
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	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	N/A
Interest after change	N/A

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?	Yes
If so, was prior written clearance provided to allow the trade to proceed during this period?	Yes
If prior written clearance was provided, on what date was this provided?	4 May 2017

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3