NEOMETALS LTD — Regulatory Filings 2014

Sep 4, 2014

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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

Competent Person Statement Clarification

On 2 September 2014 Reed Resources Ltd (ASX:RDR) (Reed) announced the Successful completion of Mini-pilot Plant for High Purity Titanium Dioxide and commencement of Pre-feasibility Study on its Barrambie Titanium Project. At the request of the ASX, please see below a revised Competent Person Statement and related notices in respect of the prior announcement.

Competent Person Statement and related notices

Information in the announcement dated 2 September 2014 that relates to metallurgical test work results is based on information compiled by Mr Krishna Kannan of Sedgman Ltd, a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM). Mr Kannan is employed by Sedgman Ltd, a consultant to Reed, and compiled the metallurgical testwork results.

The information in the announcement dated 2 September 2014 that relates to “Barrambie Mineral Resource Estimates” is extracted from ASX Release 9/12/2013. The Company confirms that all material assumptions and technical parameters underpinning the estimate continue to apply and have not materially changed, and was reported using the guidelines of the JORC Code 2012, in the form and context in that it appears.

The information in the announcement dated 2 September 2014 that relates to “Barrambie Scoping Study Results” is extracted from ASX Release 13/11/2013. The Company confirms that all material assumptions underpinning the production target and the forecast financial information derived from the production target in the Barrambie Scoping Study contained in the ASX Release continue to apply and have not materially changed.

About Reed Resources

Reed Resources Ltd (ASX: RDR, OTC: RDRUY) is a Western Australian resource developer. Reed Resources’ American Depositary Receipts (ADR’s) trade under the code RDRUY (CUSIP Number: 758254106). Each Reed Resources ADR is equivalent to 10 ordinary shares of Reed Resources as traded on the ASX. The Bank of New York Mellon is the depository bank. Website: www.reedresources.com

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