SIMS LIMITED — Director's Dealing 2019

Nov 19, 2019

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	6 September 2019

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
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	15 November 2019

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

No. of securities held prior to change		Direct Interest 478,053 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 294,673 Options @$12.34 exp 9/11/2025 37,474 Restricted Stock Units Indirect Interest 51,994 Ordinary Shares (held by the registered holder – Samantha Field) 98,166 Ordinary Shares (held by the registered holder – HSBC Custody Nominees (Australia) Limited – A/C 2)
Class		(1) Performance Rights
Number acquired		(a) 245,770

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number disposed		N/A
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation		N/A
No. of securities held after change		Direct Interest 723,823 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 294,673 Options @$12.34 exp 9/11/2025 37,474 Restricted Stock Units Indirect Interest 51,994 Ordinary Shares (held by the registered holder – Samantha Field) 98,166 Ordinary Shares (held by the registered holder – HSBC Custody Nominees (Australia) Limited – A/C 2)

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy- back	Issue of securities under the Sims Metal Management Long Term Incentive Plan

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.

Detail of contract	N/A
Nature of interest
Name of registered holder (if issued securities)
Date of change

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

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

Part 3 –[+] Closed period

art 3 –+Closed period
Were the interests in the securities or contracts detailed above traded during a+closed period **where prior written clearance was required? **	No
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?

• See chapter 19 for defined terms.

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