NEOMETALS LTD — Major Shareholding Notification 2014

Jul 3, 2014

Form 604 Corporations Act 2001

Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme ACN/ARSN	Reed Resources Ltd. 099 116 631
1. Details of substantial holder (1) Name ACN/ARSN (if applicable)	Vanguard Precious Metals & Mining Fund N/A
There was a change in the interests of the substantial holder on The previous notice was given to the company on	01 July 2014 17 April 2014
The previous notice was dated	17 April 2014

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 r

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary	70,492,923	13.47%	62,765,054	11.99%

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
8-May-14	Vanguard Precious Metals & Mining Fund	SELL	USD .03 per Share AUD .03 per Share	Ordinary $-$ 343.899	Vanguard Precious Metals & Mining Fund
24-Jun-14	Vanguard Precious Metals & Mining Fund	SELL	USD .02 per Share AUD .02 per Share	Ordinary- 2.822.611	Vanguard Precious Metals & Mining Fund
25-Jun-14	Vanguard Precious Metals & Mining Fund	SELL	USD .02 per Share AUD .02 per Share	Ordinary- 468,401	Vanguard Precious Metals & Mining Fund
30-Jun-14	Vanguard Precious Metals & Mining Fund	SELL	USD .02 per Share AUD .02 per Share	Ordinary- 1,059,075	Vanguard Precious Metals & Mining Fund
$1 - 111 - 14$	Vanguard Precious Metals & Mining Fund	SELL	USD .02 per Share AUD .02 per Share	Ordinary- 3,033,883	Vanguard Precious Metals & Mining Fund

4. Present relevant interests

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

Holder of	Registered	Person entitled	Nature of	Class and	Person's votes
relevant	holder of	to be registered	relevant	number of
interest	securities	as holder (8)	interest (6)	securities
Vanguard Precious Metals and Mining Fund	JPMorgan Chase Bank, N.A.	JPMorgan Chase Bank, N.A.	Beneficial Owner	Ordinary - 62.765.054	62,765,054

The persons who have become 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:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A _________

6. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Vanguard Precious Metals and Mining Fund	Vanguard Precious Metals & Mining Fund c/o The Vanguard Group, Inc. 455 Devon Park Drive Wayne, PA 19087 USA Attn: Nick Gould Compliance Manager Vanguard_Fund_Compliance@Vanguard.com
JPMorgan Chase Bank, N.A.	Level 18 85 Castlereagh St Sydney NSW 2000 Australia

Signature

capacity: PRINCIPA VEARY BOORAZO print name : sign here