Nyrstar NV

Major Shareholding Notification • May 23, 2011

FORM TR-1 BE PART I
1) Status of the notification
	Final
2) Issuer
	Name NYRSTAR
Identification number 0888-728-945
3) Reason for the notification
	An acquisition or disposal of voting securities or voting rights
4) Notification by
	A person that notifies alone
5) Persons subject to the notification requirement
	Name (& legal form for legal persons)	Address (for legal persons)
	Nyrstar NV	Zinkstraat 1, 2490 Balen
	6) Persons that dispose of, voting rights (Only to be filled in if art. 7 of the Law applies)
	Name	Address (for legal persons)
	(& legal form for legal persons)
	Please continue entering the information in part II concerning the
		Click persons referred to in points 5 and 6
7) Date on which the threshold is crossed
	19/05/2011	(DD/MM/YYYY)
8) Threshold that is crossed (in %)
	3
	If the holding has fallen below the lowest threshold, you have the option of not filling in point 10
9) Denominator
	170,022,544

Please enter the denominator before filling in the data

10) Notified details

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Nyrstar NV		5.179,086		3.05%	0.00%
	TOTAL	5,179,086		3.05%	0.00%

Start with "groups" of holders. Calculate subtotals and then finish with the
gersons who are "alone".
The totals, subtotals and % will be updated once you have clicked on
$\leq$ CALCULATE>

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B) Equivalent financial instruments		After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights
	TOTAL		(in relation to all expiration dates)		0.00%

The totals will be updated once you have clicked on

TOTAL (Voting rights & Equivalent financial (instruments)		# of voting rights	% of voting rights
	CALCULATE	5,179,086	3.05%

11) Chain of controlled undertakings through which the holding is effectively held, if applicable

Please describe, or join a diagram in attachment

12) In case of proxy voting for only one GM

Holder

will cease to hold /
will hold again

voting rights as of

$\circ$

13) Additional information

ŗ

	A) Convertible bonds and rights to subscribe to voting securities not yet issued
Holder	Type of financial instrument	Expiration date (DD/MM/YYYY)	Exercise/Conversion period or date	Number	# of voting rights that may be acquired if the instrument is exercised/converted

Holder	Number
C) Remarks
	Balen
	23/05/2011 (DD/MM/YYYY)
Done at On Name & capacity	Signature Virginie Lietaer, Company Secretary

FORM TR-1 BE PART II

Persons subject to the notification requirement

Mandatary

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The personal data provided via this form will be processed by the CBFA (Congresstraat/rue du Congrès 12-14, 1000 Brussels) in accordance with the Law of 8 December
1992 on the protection of privacy as regards the processin