SILVER MINES LIMITED — Major Shareholding Notification 2016

Jul 3, 2016

MITSUBISHI-UFJ FINANCIAL GROUP

FACSIMILE TRANSMISSION HEADER

DATE OF MESSAGE: 4/July/2016	MESSAGE NO:	NUMBER OF PAGES INCLUDING COVER PAGE: 3
ITO: ASX Market Announcements Office FAX NO. ( 61 ) 2 9778 0999		cc:
FROM: MITSUBISHI-UFJ FINANCIAL GROUP FAX NO. 81-3-6214-6367	Corporate Administration Department (Attn: K.Takase)	TEL NO 81-3-6214-6626
RE: Submission of FORM 604

We hereby submit Form 604 as attached.

Best regards,

Kenji Takase TEL: 81-3-6214-6626 e-mail: kenji_takase@mufg.jp

This fax message contains confidential and/or personal information, which should not be read by a person other than the specified addressee, disclosed or copied. If you have received this fax in error, please contact the number indicated.

604

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	SILVER MINES LIMITED
ACN/ARSN	107 452 942
1. Details of substantial holder (1) Name		Mitsubishi UFJ Financial Group, Inc.
ACN/ARSN (if applicable)	Not Applicable
There was a change in the interests of the substantial holder on		29 June 2016
The previous notice was given to the company on		24 June 2016
The previous notice was dated		21 June 2016
The holder became aware on		1 July 2016

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)
Ordinary Shares	27.333.334	8.03%	22,703,450	6.67%
		Based on 340,475,643 Ordinary Shares Outslanding		Based on 340,475,643 Ordinary Shares Outstanding

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
23 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	3.286.93	-21,206 Ordinary Shares	$-21.206$
23 June 2016	Milsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	22,035.74	-129,622 Ordinary Shares	-129.622
23 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	22,574.97	-136,818 Ordinary Shares	$-136.818$
23 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	10,425.03	-63,182 Ordinary Shares	-63 182
23 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	32,000.00	-200,000 Ordinary Shares	$-200.000$
24 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	67,500.00	-500,000 Ordinary Shares	$-500.000$
24 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	62.438.74	-445,991 Ordinary Shares	-445.991
24 June 2016	Milsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	7.561.26	-54,009 Ordinary Shares	$-54.009$
27 June 2016	Mitsubishi UFJ Financial Group, Inc.	Sale of securities by an entity controlled by Morgan Stanley	4,893.84	-34.956 Ordinary Shares	$-34.956$

	Mitsublshi UFJ Financial
27 June		Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			29.030.94	-215,044 Ordinary Shares	$-215.044$
27 June	Mitsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			4.066.62	-29,056 Ordinary Shares	$-29.056$
28 June	Mitsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			1.734.20	-11,960 Ordinary Shares	$-11.960$
28 June	Mitsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			27,265.80	-188,040 Ordinary Shares	-188.040
28 June	Milsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			60,000.00	-400,000 Ordinary Shares	-400.000
28 June	Mitsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			30,000.00	-200,000 Ordinary Shares	$-200,000$
29 June	Mitsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			319.043.68	-1,994,023 Ordinary Shares	$-1,994.023$
29 June	Mitsubishi UFJ Financial	Sale of securities by an entity
2016	Group, Inc.	controlled by Morgan Stanley
			956.32	-5,977 Ordinary Shares	-5.977

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 Isecurities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	I Class and number of securities	Person's votes
Mitsubishi UFJ Financial Group, Inc.	Morgan Stanley Australia Securities (Nominee) Pty Limited	Not Applicable	Relevant interest in securities that Morgan Stanley has a relevant interest in under section 608(3) of the Corporations Act as Mitsubishi UFJ Financial Group has voting power of over 20% in Morgan Stanley.	22,703,450 Ordinary Shares	22,703,450

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
Not applicable	Not applicable

6. Addresses

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

Name	Address
Mitsubishi UFJ Financial Group, Inc.	2-7-1, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan

Signature

	print name Mr. Masaya Fujimoto	capacity	Authorised Representative
sign here	— $\sim$	dale	4 July 2016