NEOMETALS LTD — Share Issue/Capital Change 2011

Jan 16, 2011

==> picture [268 x 59] intentionally omitted <==

97 Outram St West Perth WA 6005 Tel: + 61 8 9322 1182 Fax: + 61 8 9321 0556

17 January 2011

Company Announcements Office ASX Limited Via Electronic Lodgement

Dear Sirs

Notice under section 708A(5)(e) of the Corporations Act

On 14 January 2011, Reed Resources Ltd (ACN 099 116 631) ( Company ) announced that it had issued 1,000,000 fully paid ordinary shares in the Company ( Shares ).

The Company gives notice under paragraph 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ) that:

• (1) the Company issued 1,000,000 Shares;

• (2) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (3) as at the date of this notice, the Company has complied with:

  • the provisions of Chapter 2M of the Act as they apply to the Company; and

  • section 674 of the Act as it applies to the Company; and

• (4) as at the date of this notice, there is no ‘excluded information’ within the meaning of subsections 708A(7) and (8) of the Act.

Yours faithfully

==> picture [83 x 43] intentionally omitted <==

Jason Carone COMPANY SECRETARY

==> picture [57 x 54] intentionally omitted <==