Resolute Mining Limited — Major Shareholding Notification 2012

Apr 29, 2012

Form 604

Corporations Law 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
Name	Bank of America Corporation and its related bodies corporate
ACN/ARSN (if applicable):
	There was a change in the interests of the substantial holder on	26 April 2012
The previous notice was given to the company on		23 April 2012

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)
Ordinarv	45,854,004	6.99%	55,829,402	8.55%

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 of change	Person whose relevant interest changed	Nature of Change (6)	Consideration ' given in relation to change $(7)$	Class and Number of securities affected	Person's votes affected
Please see Annexure 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	Registered holder of securities	Person entitled to be registered holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Merrill Lynch (Australia) Futures Ltd	Merrill Lynch (Australia) Nominees Pty Ltd	Merrill Lynch (Australia) Futures Ltd	Beneficial Owner	Ordinary 13,831,293	13,831,293
Merrill Lynch International	Merrill Lynch (Australia) Nominees Pty Ltd	Merrill Lynch International	Beneficial Owner	Ordinary 213,455	213,455
Merrill Lynch International (Australia) Ltd	MLEQ Nominees Pty Ltd	Merrill Lynch International (Australia) Ltd	Borrowing of securities pursuant to a Prime Brokerage Agreement (see Appendix)	Ordinary 23,029,707	23,029,707
Merrill Lynch International	Merrill Lynch (Australia) Nominees Pty Ltd	Merrill Lynch International	Borrowing of securities pursuant to a Prime Brokerage Agreement (see Appendix)	Ordinary 18,754,947	18,754,947

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
Bank of America Corporation	100 North Tryon Street, Charlotte, North Carolina, 28255, USA
Merrill Lynch (Australia) Futures Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia
Merrill Lynch International	2 King Edward Street, London EC1A 1HQ, United Kingdom
Merrill Lynch International (Australia) Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000. Australia
Merrill Lynch (Australia) Nominees Pty Ltd	Level 19, 120 Collins St, Melbourne Vic 3000, Australia
MLEQ Nominees Pty Ltd	Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000, Australia

SIGNATURE

	Print Name: Fiona Cheng	Capacity: Authorised signatory
Sign Here:	$\mathscr{L} \gamma$	Date: 30 April 2012

Annexure A

				Securities	Person's votes
Date of change Person whose relevant interest changed	Nature of change (4)	Consideration (5)	Class (6) of securites	affected	affected
20-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy		94,512 Ordinary	55.157	55,157
23-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy		69.639 Ordinary	40.486	40,488
23-Apr-12 Merrill Lynch (Australia) Futures Ltd	Sell		21.264 Ordinary	(12.363)	(12.363)
23-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy		69,639 Ordinary	40,488	40,488
23-Apr-12 Merrill Lynch (Australia) Futures Ltd	Sell		21.264 Ordinary	(12.363)	(12, 363)
23-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy		17,875 Ordinary	10.534	10.534
24-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy	238,165 Crdinary		143.724	143,724
24-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buv.		47,043 Ordinary	28.511	28.511
24-Apr-12 Merrill Lynch (Australia) Futures Ltd	Sell		69.639 Ordinary	(40.488)	(40, 488)
24-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy		21.264 Ordinary	12.363	12,363
24-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buvi	120,478 Ordinary		73,524	73,524
26-Apr-12 Merrill Lynch (Australia) Futures Ltd	Sell	143,670 Ordinary		(86 7 52)	(86, 752)
26-Apr-12 Merrill Lynch (Australia) Futures Ltd	Buy	4,075,000 Ordinary		2,500,000	2,500,000
26-Apr-12 Merrill Lynch (Australia) Futures Ltd	Sel		5,695 Ordinary	(3.537)	(3.537)
20-Apr-12 Merrill Lynch International	Securities borrowed		N/A Ordinary	1,716,000	1,716,000
23-Apr-12 Merrill Lynch International	Securities borrowed		N/A Ordinary	14,135,000	14,135,000
24-Apr-12 Merrill Lynch International	Securities returned		N/A Ordinary	(1,716.000)	(1,716,000)
24-Apr-12 Merrill Lynch International	Securities returned		N/A Ordinary	(958.944)	(958.944)
24-Apr-12 Merrill Lynch International	Securities returned		N/A Ordinary	(14.135,000)	(14.135.000)
24-Apr-12 Merrill Lynch International	Securities borrowed		N/A Ordinary	16,809,944	16,809,944
26-Apr-12 Merrill Lynch International	Securities borrowed		N/A Ordinary	476.362	476,362
20-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(1, 716, 000)	(1,716,000)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(849 109)	(849.109)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(1.114.384)	(1, 114, 384)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(1,007.985)	(1,007,985)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(32.221)	(32.221)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Crdinary	(1.174.000)	(1,174,000)
23-Apr-12 Merril Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(2,382,273)	(2,382,273)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(919.572)	(919.572)
23-Apr-12 Merril Lynch International (Australia) Ltd	Securities borrowed		N/A Ordinary	1.981.100	1,981,100
23-Apr-12 Merril Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(923, 906)	(923.906)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(1,933,611)	(1,933,611)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(2,965,700)	(2,965,700)
23-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(332, 239)	(832, 239)
26-Apr-12 Merrill Lynch International (Australia) Ltd	Securities borrowed		N/A Ordinary	4,768,000	4,768,000
26-Apr-12 Merrill Lynch International (Australia) Ltd	Securities returned		N/A Ordinary	(476.362)	(476.362)
26-Apr-12 Merrill Lynch International (Australia) Ltd	Securities borrowed		N/A Ordinary	477,012	477,012

Appendix: Prescribed information

Type of agreement	Prime Brokerage Agreement / Global Master Securities Lending Agreement
Parties to agreement	Merrill Lynch International, Merrill Lynch International (Australia) Limited and Mathews Capital Partners Pty Limited as Trustee of the Sabre Fund	Merrill Lynch International, Merrill Lynch International (Australia) Limited and Focus Asset Management Pty Ltd	Merrill Lynch International, Merrill Lynch International (Australia) Limited and Mathews Capital Partners Pty Limited as Trustee of The Peak Energy and Global Resources Fund
Transfer date	For the period from 20 April 2012 to 26 April 2012.
Holder of voting rights	securities.	Securities borrower. Securities lender may instruct the registered holder to vote on
Are there any restrictions on voting rights?	No
If yes, detail	N/A
Scheduled return date (if any)	On recall of the securities loan by the securities lender.
Does the borrower have the right to return early?	Yes
If yes, detail	Securities borrower will have right to return assets at any time.
Does the lender have the right to recall early?	Yes
If yes, detail	Securities lender will have right to recall assets at any time.
Will the securities be returned on settlement?	Yes
If yes, detail any exceptions	N/A