Resolute Mining Limited — Major Shareholding Notification 2009

Nov 24, 2009

The Vanguard Group

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FACSIMILE MESSAGE

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TO: Australian Stock Exchange
FAX NUMBER: 161 2 97780999 or +61 2 93470005
FROM: The Verguard Group
TELEPHONE NUMBER:
FAX NUMBER: __
NUMBER OF PAGES (INCL. COVER PAGE)
MESSAGE OR INSTRUCTIONS: Beneficial Ouvership Reporting
Please call or email with any questions regarding this intermation
at 610-669-3098 or James H Councel Vanguerd.com

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The Vanguard GroupP. O. Box 2600 Valley Forge, PA 19482-2600

Phone: 610-669-1000

VANGUARD GROUP

604

团002

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15 July 2001

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Resolute Mining Ltd.
ACN/ARSN	097 088 689
1. Details of substantial holder (1)
Name	Vanguard Precious Metals and Mining Fund
ACN/ARSN (if applicable)
There was a change in the interests of thesubstantial holder on	$-11$ / 18 / 09
The previous notice was given to the company on	$-$ 10 $-$ 22 $-$ 09 $-$
The previous notice was dated	10 l 22 l 09

1. 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 arelevant 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'svotes	Voting power (5)
Ordinary	30,000,000	7.85%	35,000,000	9.15%

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:

Dale ofchange	Person whoserelevant interestchanged	Nature ofchange $(6)$	Considerationgiven in relationto change (7)	Class andnumber ofsecuritiesaffected	Person's votesaffected
11/17/2009	Vanguard PreciousNetals & Mining Fund	Buy	USD 1.002 per ShareAUD 1.076 per Share	Ordinary -2,000,000	VanguardPrecious Metals& Mining Fund
11/18/2009	Vanguard PreciousNetals & Mining Fund	Buv	USD 1.019 per ShareAUD 1.096 per Share	Ordinary $-$3,000,000	VanquardPrecious 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 ofrelevantinterest	Registeredholder ofsecurities	Person entitledto be registeredas holder (8)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes
VanguardPreciousMetals andMiningFund	JPMorgan ChaseBank, N.A.	JPMorgan ChaseBank, N.A.	Beneficial Owner	Ordinary -35,000,000	35,000,000

15 July 2001

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 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 andMining Fund	Vanguard Precious Metals and Mining Fundc/o The Vanguard Group, Inc.455 Devon Park DriveWayne, PA 19087USAAttn: James ConradCompliance ManagerJames_H_Conrad@Vanguard.com
JPMorgan Chase Bank, N.A.	Level 37AAP Center 259, George StreetSydney NSW 2000Australia

Signature

print name .Heidi Stan capacity Secretary sign her п $-23, -3008$ date

DIRECTIONS

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and $(1)$ trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• $(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001.
• $(3)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $(6)$ Include details of:
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a $(a)$ copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the $(b)$ securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details m $(7)$ contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
• $(B)$ If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".
• $(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.