RIEDEL RESOURCES LIMITED — Major Shareholding Notification 2012

Dec 10, 2012

Page: 1/3

To:

From:

Form 604 - Notice of change of interest of substantial holder Subject:

Message: Dear Sirs

Please find attached a Form 604 on behalf of CQS Asset Management Limited.

Kind Regards,

United Kingdom

Nick

Nicholas Coxon Compliance Manager COS 5th Floor Tel· 33 Grosvenor Place Fax: London SW1X 7HY Web:

+44 (0)20 7201 2423 $+44(0)20\ 7201\ 1283$ www.cqs.ch

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From: CQS To: 0061297780999 Page: 2/3 Date: 10/12/2012 18:56:40

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme		RIEDEL RESOURCES LIMITED
ACN/ARSN	143 042 022
1. Details of substantial holder (1)
Name		COS Asset Management Limited
ACN/ARSN (if applicable)	N/A
There was a change in the interests of the
substantial holder on		07/12/2012
The previous notice was given to the company on		16/08/2012
The previous notice was dated		16/08/2012

2. Previous and present voting power

The previous notice was dated

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:

	Previous notice		Present notice
Class of securities (4)	Person's votes	Voling power (5)	Person's votes .	Voting power (5)
lOrd NPV	8.666.666	9.01%	8,666,666	8.39%
Total	8,666,666	9.01%	8,666,666	8.39%

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
07/12/2012	City Natural Resources High Yield Trust Pic	Change in number of shares in Issue	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	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
High Yield Trust Plc	(Australia) Limited	City Natural Resources HSBC Custody Nominees HSBC Custody Nominees (Australia) Limited		Ord NPV 8,666,666	8.39%

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:

Nature of association .

1. Addresses

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

Address Name

From: CQS	To: 0061297780999	Page: 3/3	Date: 10/12/2012 18:56:40
-----------	-------------------	-----------	---------------------------

	Yield
Trust Plc	City Natural Resources High		c/o - CQS Asset Management Limited, 5th Floor, 33 Chester Street, London SW1X 7BL, UK
	Signature
		print name Kate Haswell	capacity	Compliance Officer, CQS Asset Management Limited
	sign here	Kox	date	10/12/2012
			DIRECTIONS
(1)	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 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 6718(4) applies, a copy (a) 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.
(7)	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 must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on 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.
(8)	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.