Resolute Mining Limited — Major Shareholding Notification 2011

Jan 27, 2011

FORM 604 Corporations Act 2001 CAANAA CTAD

	355991976
Notice of change of interests of substantial holder
To Company Name/Scheme	RESOLUTE MINING LTD
ABN	39 097 088 689
1. Details of substantial holder(1)
Name	Bank of America Corporation
ACN/ARSN (if applicable)
There was a change in the interests of the substantial holder on		24-Jan-11
The previous notice was given to the company on		28-Sep-10
The previous notice was dated		21-Sep-10

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) hada relevant interest (3) in when last required, and when now r

Class of		Previous Notice	Present Notice
securities (4)	Person's votes (5)Voting power (6).		Person's votes (5)	Voting power (6)
OrdinaryShares	38,794,200	9.87%	51,003,629	10.97%

3. Changes in relevant interests

Particulars of each change in, or change in the nature of a relevant interst of the substantial holder or an associate in voting securities of the company orscheme, since the substantial holder was last required to give a

Date of change charged	Person whoserelevant interest	Nature of change (6)	Consideration given Inrelation to change (7)	Class of securities affected	Securities	l Person's votesaffected
N/A	Merrill LynchInternational	l Prime Broker withrehypothecation rightJoursuant to PrimeBrokerage agreement(see relevant clausebelow)*	N/A	Ordinary Shares	10.777.495	10,777,495
See Schedule	Merrill Lynch(Australia) Futuresl Ltd	Market Transactions	See Schedule	Ordinary Shares	2.469.666	2 469,666
N/A	Merrill LynchInternational(Australia) Ltd	Collateral Received	N/A	Ordinary Shares	1.037.732	1,037.732

12.9 The Customer hereby consents (without any further notice, consent or reference) to MLI from time to time utilising any Securities for MLI's own purposes and for its own benefit on the torms specified in this Clause 12.9 (including, for the avoidance of doubt, the retention of any profit generated as a result of such utilisation)........

; 852 25363852

$\pm$

4. Present relevant interests

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

Holder of relevantlinterest	Registered holderof securities	Persons entitled to beregistered as holder (8)	Nature of relevant(interest (6)	Class of securities Securities		Person's votes
l Bank ofl America Corporation	Deemed Interestfrom Associates	N/A	Indirect Owner	Ordinary Shares	51.003,629	51,003,629
Merrill LynchInternational	Merrill LynchInternational	Prime Broker withrehypothecation rightpursuant to PrimeBrokerage agreement.	Beneficial Owner	Ordinary Shares	26 842,299	26,842,299
Merrill LynchI International(Australia) Ltd	Merrill LynchInternational(Australia) Limited	Merrill Lynch Internationali(Australia) Limited	Beneficial Owner	Ordinary Shares	21.691,664	21.691.664
Merrill Lynch(Australia)Futures Ltd	Memil Lynch(Australia) FuturesLtd	Merrili Lynch (Australia)Futures Ltd	Beneficial Owner	Ordinary Shares	2.469.666	2,469,666

5. Changes in association

The persons who have become assciates (2) of, ceased to be associates of, or 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	ᅲ
applicable).	Nature of association
--
-----	------.

6. Addresses

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

Name	Address
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255
Merrill Lynch International	Memill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HQ
Merrill Lynch Internationali (Australia) Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney 2000

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

Signature

print name	John O'Toole-----	capacity	Associate General Counsel,Bank of America Corporation
sign here		date	24-Sep-10

28-1-11;15:48 ; Merrill Lynch (AsiaPacific) Ltd

$\sim 10^{11}$ km s $^{-1}$

Schedule to Form 504

$\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$ $\frac{1}{2}$

$\sim 10^{-11}$

Group Name	ASX	Stock	Trade Date	Trans Type	Trans Number	Consideration
Merrill Lynch (Australia) Futures Ltd	R5G	Ordinarv	$18.380 - 11$	Buy	100.000	148.220.00
Merrill Lynch (Australia) Futures Ltd	RSG.	Ordinary	8-Dec-10	Buy	352.700	457,998,78
Merrill Lynch (Australia) Futuros Ltd	RSG	Ordinary	7-Dec-10	Buy	716.966	945.663.88
Merrill Lynch (Australia) Futures Ltd	RSG	Ordinary	6-Dec-10	Buv	300.000	385070.3
Merrill Lynch (Australia) Futures Ltd	RSG.	Ordinary	27-Oct-10	Buv	500.000	651876.35
Merrill Lynch (Australia) Futures Ltd	RSG	Ordinary	14-Oct-10	Buv	400,000	567249.48
Merrill Lynch (Australia) Futures Ltd	RSG	Ordinary	$0 - 0$ ct-10	Buy	100.000	136560.06