SIMS LIMITED — Director's Dealing 2018

Sep 6, 2018

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity SIMS METAL MANAGEMENT LIMITED ABN 69 114 838 630

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	ALISTAIR FIELD
Date of last notice	3 September 2018

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct and Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	The ordinary shares disposed of were held by the registered holder HSBC Custody Nominees (Australia) Limited - A/C 2 on behalf of Morgan Stanley Smith Barney LLC, which company provides services in connection with the entity’s global employee share plan.
Date of change	5 and 6 September 2018

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct interest 279,123 Performance Rights 109,537 Options @$9.38 exp 13/11/2022 112,109 Options @$10.51 exp 10/11/2023 230,076 Options @$13.43 exp 9/11/2024 92,183 Restricted Stock Units Indirect interest 51,994 ordinary shares (held by the registered holder - Samantha Field) 83,646 ordinary shares (held by the registered holder - HSBC Custody Nominees (Australia) Limited - A/C 2)
Class		Ordinary shares
Number acquired		N/A
Number disposed		30,408
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		$382,987

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change		Direct interest 279,123 Performance Rights 109,537 Options @$9.38 exp 13/11/2022 112,109 Options @$10.51 exp 10/11/2023 230,076 Options @$13.43 exp 9/11/2024 92,183 Restricted Stock Units Indirect interest 51,994 ordinary shares (held by the registered holder - Samantha Field) 53,238 ordinary shares (held by the registered holder - HSBC Custody Nominees (Australia) Limited - A/C 2)
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back		On-market trade of ordinary shares(to cover taxes due)

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3

Appendix 3Y Change of Director’s Interest Notice

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

==> picture [434 x 310] intentionally omitted <==

----- Start of picture text -----

Detail of contract N/A
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change
----- End of picture text -----

Part 3 –[+] Closed period

==> picture [434 x 99] intentionally omitted <==

----- Start of picture text -----

Were the interests in the securities or contracts detailed No
above traded during a [+] closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade
to proceed during this period?
If prior written clearance was provided, on what date was this
provided?
----- End of picture text -----

• See chapter 19 for defined terms.

Appendix 3Y Page 4

01/01/2011