Nyrstar NV

Major Shareholding Notification • Mar 24, 2015

FORM TR-1 BE PART I
1) Status of the notification
	Final
2) Issuer
Identification number 0888-728-945	Name NYRSTAR
3) Reason for the notification
	Acquisition or disposal of voting securities or voting rights
4) Notification by
	A parent undertaking or a controlling person
5) Persons subject to the notification requirement
	Name (& legal form for legal persons)	Address (for legal persons)
	Source Investment Management Limited	Beaux Lane House, Mercer Street Lower, Dublin 2, Ireland
	Source Holdings Limited 6) Persons that dispose of, voting rights (Only to be filled in if art. 7 of the Law applies)	PO Box 309, Ugland House, Georgetown, Grand Cayman, KY1 - 1104 Cayman Islands
	Name (& legal form for legal persons)	Address (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
	19.03.2015	(DD/MM/YYYY) $\epsilon$
8) Threshold that is crossed (in %)
	$\overline{5}$
		If the holding has fallen below the lowest threshold, you have the option of not entering any numbers under point 10
9) Denominator
	340.045.088
	Please enter the denominator before filling in the data

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{2\alpha} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{\alpha} \frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{$

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
Source Holdings Ltd				0.00%
Source Investment Management Ltd		23.984.900		7.05%
subtotal		23.984.900		7.05%
	TOTAL	23.984.900	o	7,05%	0,00%

Start with "groups" of holders. Calculate subtotals and then finish with the persons who are "alone".

The totals, subtotals and % will be updated once you have clicked on

SCALCULATE>

TOTAL		(in relation to all expiration dates)		0	0,00%
	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
B) Equivalent financial instruments		After the transaction

The totals will be updated once you have clicked on

TOTAL (Voting rights & Equivalent financial linstruments)	# of voting rights	% of voting rights
	CALCULATE	23.984.900	7.05%

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

Please describe, or join a diagram in attachment

Source Investment Management Limited, a management company for a UCITS IV fund, is wholly owned by Source Holdings Limited.

12) In case of proxy voting for only one GM

Holder

will cease to hold /
will hold again

$\circ$

voting rights as of

$\ddot{\bullet}$

13) Additional information

[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

B) Shares without voting rights
Holder	Number

C) Remarks
	Source Investment Management Ltd is an investment management company that holds and exercises the voting rights at its own discretion in the absence of specific instructions.
Done at	Aerogolf Center - 1B Heienhaff - 1736 Senningerberg - Luxemburg
On	24.03.2015 (DD/MM/YYYY)
Name & capacity
	Signature Plössnig Heimo, Head of Legal & Compliance