NEOMETALS LTD — Major Shareholding Notification 2011

Sep 19, 2011

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

ToCompany Name/Scheme	Reed Resources
ACN/ARSN
1. Details of substantial holder (1)
Name	M&G Investment Management Limited
	M&G Limited
	M&G Group Limited
	Prudential plc
ACN/ARSN (if applicable)
There was a change in the interests	16 September 2011
of the substantial holder on
The previous notice was given to the	24 August 2011
company on
The previous notice was dated	24 August 2011

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate(2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of Security (4)	Previous Notice	Previous Notice	Present Notice	Present Notice
	Person’s votes	Voting Power (5)	Person’s votes	Voting Power (5)
Ordinary NPV	18,842,938	7.11%	21,200,000	8.00%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person’s votes affected
	M&G Investment Management Limited M&G Limited M&G Group Limited Prudential plc
		PLEASE SEE ANNEX 1 (Below)

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Registered holder of securities	Person entitled to be registered as holder	Nature of relevant interest	Class and number of securities
Chase Nominees Ltd	Chase Nominees Ltd	Power to dispose of, or control the exercise of a power to dispose of, the securities	21,200,000

Freehills Melbourne ASIC00603\003811236

5. Changes in association

The persons who have been associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

6. The	Name and CAN/ARSN (if applicable)	Nature of association
	Addresses addresses of persons named in this form are as follows:
	Name	Address
	M&G Investment Management Limited	Laurence Pountney Hill, London EC4R 0HH, England
	M&G Limited	Laurence Pountney Hill, London EC4R 0HH, England
	M&G Group Limited	Laurence Pountney Hill, London EC4R 0HH, England
	Prudential plc	Laurence Pountney Hill, London EC4R 0HH, England

	IIIIIIIIIIIIIIIII	IIIIIIIIIIIIIIIII
	Signature
		print name James Todd capacityNotifiables Administrator
		sign here James Todd date19 September 2011
		DIRECTIONS
	(1)	If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an
		equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to
		throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the
		form.
	(2)	See the definition of “associate” in section 9 of the Corporations Law.
	(3)	See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Law.
	(4)	The voting shares of a company constitute one class unless divided into separate classes.
	(5)	The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant
		interest in.
	(6)	The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.
	(7)	Include details of:
		(a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out
		the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany
		this form, together with a written statement certifying this contract, scheme or arrangement; and
		(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to
		which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).
		See the definition of “relevant agreement” in section 9 of the Corporations Law.
	(8)	If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write “unknown”.
	(9)	Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become
		entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be
		included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom
		the relevant interest was acquired.

Freehills Melbourne ASIC00603\003811236

Freehills Melbourne ASIC00603\003811236

Annex 1: Transactions 23 August 2011 to 16 September 2011

Holder of relevant interest	Date of acquisition	Consideration (9)	Consideration (9)	Class and number of securities
		Cash	Non-cash	Ord NPV
M&G Investment Management Limited M&G Limited M&G Group Limited Prudential plc (Chase Nominees Ltd - VANG)	23-Aug-11 24-Aug-11 25-Aug-11 26-Aug-11 29-Aug-11 30-Aug-11 31-Aug-11 01-Sep-11 02-Sep-11 05-Sep-11 06-Sep-11 07-Sep-11 08-Sep-11 09-Sep-11 12-Sep-11 13-Sep-11 14-Sep-11 15-Sep-11 16-Sep-11	24,048 16,301 31,676 60,110 98,747 65,781 70,225 46,493 54,962 45,638 44,383 22,517 69,012 47,745 65,855 88,752 60,973 48,797 88,027		60,000 40,672 80,390 146,000 220,000 140,000 150,000 100,000 120,000 100,000 100,000 50,000 150,000 105,000 145,000 201,475 138,525 110,000 200,000

Freehills Melbourne ASIC00603\003811236