Resolute Mining Limited — Major Shareholding Notification 2009

Oct 28, 2009

	FORM 603Corporations Act 2001Section 671B
	Notice of initial substantial holder
To Company Namo/Scheme	RESOLUTE MINING LTD
ACN/ARSN	097 088 689
1. Details of substantial holder (1)
Name	Bank of America Corporation
ACN/ARSN (if applicable)
The holder became a substantial holder on	27-Oct-2009

2. Details of 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) hada relevant interest (3) in on last the date the substantial h

Class of Securities (4)	Number of Securities (5)	Person's votes	Voting Power (6)
Ordinary Shares	19,478,879	19.478.879	5.09%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder as fotlows:

		Class of
Holder of relevant Interest	Nature of relevant interest (7)	8ecurities	Number of Securities
Bank of AmericaCorporation	Beneficial Owner (deemed interest fromits associates)	Ordinary sharo	19,478,879
Merrill Lynch International	Bonoficial Owner	Ordinary share	4,397
Merrill Lynch International	Prime Broker with rehypothocation rightpursuant to Prime Brokerage agreement(see relevant clause below)*	Ordinary share	1.137.178
Morrill Lynch International(Australia) Ltd	Beneficial Owner	Ordinary share	18,336,034
Merrill Lynch, Piorco,Fanner & SmithIncorporated	Beneficial Owner	Ordinary sharo	1,272

12.9 The Customer hereby consents (without any further notice, consent or reference) to MLI from time to time utilizing any Socurities for MLI's own purposesand for its own benefit on the terms specified in this Clause 12

4. Details of present registered holders

The porsons ragistered as holders of the securities referred to in paragraph 3 above are as follows:

		Persons entitled
	Registered holder of ito be registered		iClass of
Holder of relevant interest securities		as holder (8)	Isecurities	Number of Securities
l Bank of America∶	Doomed interest from
Corporation	its associates	N/A	Ordinary share.	19.478.879

Merrill Lynch International	Merriit LynchInternational	N/A	Ordinary share	4,397
Merrill Lynch International	Prime Broker withrehypothecation rightpursuant to PrimeBrokerage agreement. N/A		Ordinary share	1,137,176
Merrill Lynch International(Australia) Ltd	Merrill LynchInternational(Australia) 1 imited	Merrill LynchInternational(Australia) Limited Ordinary share		18,336,034
Merrill Lynch, Pierce,Fonner & SmithHncorporated	Merrill Lynch, Pierce,Fenner & SmithIncorporated	Merrill Lynch,Pierce, Fennor &SmithIncorporated	Ordinary Shares	1.272

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holderbecame a substantial holder is as follows:

Holder of Relevant Interest Date of Acquisition	Consideration (9)		Class and number ofsecurities
	Cash	Non Cash

6. Associates

The reasons the porsons named in paragraph 3 above are associates of the substantial holder as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Bank of America Corporation	i Ultimate holding company
Mərrili Lynch International	Subsidiary of Bank of America Corporation
Morrill Lynch International (Australia) Ltd	Subsidiary of Bank of America Corporation
Merrill Lynch, Pierce, Fonnor & Smith Incorporated Subsidiary of Bank of America Corporation

7. Addresses

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

Ë

Namo	Address
Bank of America Corporation
	100 North Tryon Street, Charlotte, North Carolina, 28255
Merrill Lynch International	Morrill Lynch Financial Centre, 2 King Edward Street, London EC1A1HO
Merrill Lynch International (Australia) Ltd	Level 38, Covernor Phillip Tower, 1 Farror Place, Sydney 2000.
Merrill Lynch, Pierce, Fenner & Smith Incorporated	One Bryant Park, New York NY 10036, United States

"This report is submitted on the basis of our present understanding of ASIC's current policy on reporting by Prima Brokers

Signature

print name	John O'Toole	capacity	Associate General Counsel,Bank of America Corporation
sign here		date