RAREX LIMITED — Major Shareholding Notification 2015

Jun 29, 2015

Form 604

Corporations Law

Section 671B

Notice of change of interests of substantial holder

To	Company Name/Scheme	CLANCY EXPLORATION LIMITED
ACN/ARSN		105 578 756
1.	Details of substantial holder (1)
Name		GOLD FIELDS LIMITED and the entities listed below (GOLD FIELDS)
ACN/ARSN (if applicable)		Not applicable
There was a change in the interests of the substantialholder on5 June 2015
The previous notice was given to the company on		19 February 2013
The previous notice was dated		19 February 2013
	그는 그 사람들은 그 사람들을 만들어 보이는 것이 없었다. 이 사람들은 어디에 있다.

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 required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary shares	17,764,783	8.62%	17,764,783	6.93%

$3.$ 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 ofchange	Person whose relevantinterest changed	Nature of change (6)	Considerationgiven in relation tochange $(7)$	Class andnumber ofsecuritiesaffected	Person's votesaffected
5 June 2015	Gold Fields and associateslisted below	Dilution due to issue ofnew shares by CLY	N/A	N/A	N/A

$4.$ Present relevant interests

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

Holder of relevant interest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature of relevant interest(6)	Class andnumber ofsecurities	Person's votes
St Ives Gold MiningCompany Pty Ltd (SIGMC)	SIGMC	SIGMC	Registered holder	17.764.783ordinary shares	17.764.783
Gold Fields Limited	SIGMC	SIGMC	Ultimate holding companyand controller of SIGMC

5. Changes in association

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 fo

Name and ACN/ARSN (if applicable)	Nature of association
St Ives Holding Company Pty Ltd (SIHC)	Sole shareholder of SIGMC
Gold Fields International Holdings BV (GFIH)	Sole shareholder of SIHC
Gold Fields Netherlands Services BV (GFNS)	Sole shareholder of GFIH
Gold Fields Netherlands Cooperatief UA(GFNC)	Sole shareholder of GFNS
Gold Fields Holdings Company (BVI) Limited(GFH)	Shareholder of GFNC
GFL Mining Services Limited (GFLMS)	Sole shareholder of GFH and shareholder GFNC

${\bf 6}.$ Addresses

s).

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

Name	Address
SIGMC and SIHC	Level 5, 50 Colin Street, West Perth, Western Australia, Australia
GFIH, GFNS and GFNC	Level 6, Schipholweg 103, Leiden, The Netherlands
GFH	9 Colombus Centre, Pelican Drive, Tortola, British Virgin Islands
GFLMS and Gold Fields	150 Helen Road, Sandton, Johannesburg, 2196 South Africa

Signature

print name Nicholas John Holland	Directorcapacity
sign here $\bigvee$ $\bigwedge$	date $29$ $06'$ 15