SIMS LIMITED — Major Shareholding Notification 2016

Jan 7, 2016

Level 19, 31 Queen Street Melbourne VIC 3000 Australia telephone 03 8616 1957 facsimile 03 8616 1111

www.greencapecapital.com ABN 98 120 328 529 AFSL 303903

8 January 2016

The Manager Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

Re: Notice of change of interests of substantial holder ~ Sims Metal Management Limited (SGM)

We enclose notice of change of interests of substantial holder in Sims Metal Management Limited. This notice is given by Greencape Capital Pty Ltd.

Yours faithfully

Melissa Robinson Company Secretary

attach

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Sims Metal Management Limited
ACN/ARSN	114 838 630
1. Details of substantial holder(1)
Name	Greencape Capital Pty Ltd
ACN/ARSN (if applicable)	120 328 529
There was a change in the interests of the substantial holder on	06/01/2016
The previous notice was given to the company on	10/11/2015
The previous notice was dated	10/11/2015

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:

Classof securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Fully Paid	10,395,725	5.06%	12,380,007	6.07%

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 relevantinterest changed	Nature of change (6)	Consideration given inrelation to change (7)	Class and number ofsecurities affected	Person's votesaffected
Refer	Greencape Capital	Refer	Refer	Refer	Refer
Annexure 1	Pty Ltd	Annexure 1	Annexure 1	Annexure 1	Annexure 1

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevantinterest	Registered holder ofsecurities	Person entitled to beregistered as holder(8)	Nature of relevant interest (6) Class and number of	securities	Person's votes
Greencape Capital PtyLtd	Citicorp NomineesPty Limited	CiticorpNominees PtyLimited	Ordinary Fully Paidsecurities purchasedand sold on market byGreencape Capital PtyLtd	2,996,667(Ordinary FullyPaid)	2,996,667
Greencape Capital PtyLtd	J P MorganNomineesAustralia Limited	J P MorganNomineesAustralia Limited	As above	3,771,804(Ordinary FullyPaid)	3,771,804
Greencape Capital PtyLtd	National NomineesLimited	NationalNomineesLimited	As above	3,550,218(Ordinary FullyPaid)	3,550,218
Greencape Capital PtyLtd	HSBC CustodyNominees(Australia) Limited	HSBC CustodyNominees(Australia)Limited	As above	2,061,318(Ordinary FullyPaid)	2,061,318

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:

Address
Level 15, 255 Pitt Street, Sydney NSW 2000

Signature

print name	Melissa Robinson	Capacity	Company Secretary
sign here		date	08/01/2016

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:

(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy 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

(b) 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 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 of 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.

Melissa Robinson Company Secretary of Greencape Capital Pty Ltd

Transactions: Company As at: 06/01/2016

Name/Scheme: Sims Metal Management Limited (SGM) Class of security: Ordinary Fully Paid

09/11/2015 Greencape Capital Pty LtdBuy10,554.441,0911,09109/11/2015 as aboveBuy100,736.4010,41310,41309/11/2015 as aboveBuy23,024.362,3802,38009/11/2015 as aboveBuy257,127.9026,57926,57909/11/2015 as aboveBuy104,577.0210,81010,81009/11/2015 as aboveBuy277,269.3828,66128,66109/11/2015 as aboveBuy307,965.3031,83431,83409/11/2015 as aboveBuy80,594.938,3318,33109/11/2015 as aboveBuy115,131.4611,90111,90110/11/2015 as aboveBuy76,399.247,9597,95910/11/2015 as aboveBuy16,980.811,7691,76910/11/2015 as aboveBuy194,525.7620,26520,26510/11/2015 as aboveBuy79,230.978,2548,25410/11/2015 as aboveBuy210,796.2421,96021,96010/11/2015 as aboveBuy233,421.3124,31724,31710/11/2015 as aboveBuy60,839.106,3386,33810/11/2015 as aboveBuy87,716.589,1389,13811/11/2015 as aboveBuy108,874.5611,40011,40011/11/2015 as aboveBuy26,996.032,8412,84111/11/2015 as aboveBuy5,995.9563163111/11/2015 as aboveBuy68,749.147,2357,23511/11/2015 as aboveBuy27,993.782,9462,94611/11/2015 as aboveBuy74,498.037,8407,84011/11/2015 as aboveBuy251,175.5226,30026,30011/11/2015 as aboveBuy82,508.478,6838,68311/11/2015 as aboveBuy152,806.4016,00016,00011/11/2015 as aboveBuy440,273.4446,10046,10011/11/2015 as aboveBuy58,257.446,1006,10011/11/2015 as aboveBuy21,494.202,2622,26211/11/2015 as aboveBuy30,996.503,2623,26211/11/2015 as aboveBuy13,370.561,4001,40011/11/2015 as aboveBuy5,730.2460060011/11/2015 as aboveBuy5,730.2460060011/11/2015 as aboveBuy62,077.606,5006,50012/11/2015 as aboveBuy12,867.531,6421,64212/11/2015 as aboveBuy46,793.396,0036,00312/11/2015 as aboveBuy102,165.8912,86412,86412/11/2015 as aboveBuy129,189.1715,43715,43712/11/2015 as aboveBuy493.70636312/11/2015 as aboveBuy1,808.4423223212/11/2015 as aboveBuy3,955.1249849812/11/2015 as aboveBuy4,996.1759759712/11/2015 as aboveBuy9,098.181,1611,16112/11/2015 as aboveBuy33,097.574,2464,24612/11/2015 as aboveBuy72,248.379,0979,09712/11/2015 as aboveBuy91,362.1910,91710,91712/11/2015 as aboveBuy8,063.761,0291,02912/11/2015 as aboveBuy29,348.183,7653,76512/11/2015 as aboveBuy64,068.118,0678,06712/11/2015 as aboveBuy81,009.989,6809,68012/11/2015 as aboveBuy2,061.0026326312/11/2015 as aboveBuy7,498.7996296212/11/2015 as aboveBuy16,368.462,0612,06112/11/2015 as aboveBuy20,696.042,4732,47312/11/2015 as aboveBuy23,172.532,9572,95712/11/2015 as above					Number of	Person's Votes
	Date of Change	Holder of relevant interest	Nature of Change	Consideration	Securities	Affected
			Buy	84,279.54	10,812	10,812

Date of Change	Holder of relevant interest	Nature of Change	Consideration	Number ofSecurities	Person's VotesAffected
12/11/2015 as above		Buy	184,016.14	23,170	23,170
12/11/2015 as above		Buy	232,686.12	27,804	27,804
12/11/2015 as above		Buy	9,450.82	1,206	1,206
12/11/2015 as above		Buy	34,391.54	4,412	4,412
12/11/2015 as above		Buy	75,075.73	9,453	9,453
12/11/2015 as above		Buy	94,927.30	11,343	11,343
12/11/2015 as above		Buy	25,014.11	3,192	3,192
12/11/2015 as above		Buy	91,006.63	11,675	11,675
12/11/2015 as above		Buy	198,692.96	25,018	25,018
12/11/2015 as above		Buy	251,239.74	30,021	30,021
12/11/2015 as above12/11/2015 as above		BuyBuy	29,567.11107,555.41	3,77313,798	3,77313,798
12/11/2015 as above		Buy	234,813.17	29,566	29,566
12/11/2015 as above		Buy	296,925.02	35,480	35,480
12/11/2015 as above		Buy	27,678.52	3,532	3,532
12/11/2015 as above		Buy	100,703.61	12,919	12,919
12/11/2015 as above		Buy	219,858.39	27,683	27,683
12/11/2015 as above		Buy	278,011.54	33,220	33,220
12/11/2015 as above		Buy	4,584.35	585	585
12/11/2015 as above		Buy	16,681.30	2,140	2,140
12/11/2015 as above		Buy	36,406.13	4,584	4,584
12/11/2015 as above		Buy	46,036.77	5,501	5,501
12/11/2015 as above		Buy	17,984.77	2,295	2,295
12/11/2015 as above		Buy	65,407.85	8,391	8,391
12/11/2015 as above		Buy	142,805.10	17,981	17,981
12/11/2015 as above		Buy	180,581.97	21,578	21,578
12/11/2015 as above		Buy	23,415.46	2,988	2,988
12/11/2015 as above		Buy	85,191.56	10,929	10,929
12/11/2015 as above		Buy	185,993.70	23,419	23,419
12/11/2015 as above		Buy	235,180.02	28,102	28,102
12/11/2015 as above		Buy	19,795.00	2,526	2,526
12/11/2015 as above		Buy	72,002.42	9,237	9,237
12/11/2015 as above12/11/2015 as above		Buy	157,203.95	19,794	19,794
12/11/2015 as above		BuyBuy	198,784.1151,846.28	23,7536,616	23,7536,616
12/11/2015 as above		Buy	188,600.03	24,195	24,195
12/11/2015 as above		Buy	411,784.76	51,849	51,849
12/11/2015 as above		Buy	520,673.26	62,216	62,216
12/11/2015 as above		Buy	6,927.47	884	884
12/11/2015 as above		Buy	25,209.03	3,234	3,234
12/11/2015 as above		Buy	55,030.12	6,929	6,929
12/11/2015 as above		Buy	69,594.94	8,316	8,316
12/11/2015 as above		Buy	7,178.23	916	916
12/11/2015 as above		Buy	26,113.25	3,350	3,350
12/11/2015 as above		Buy	57,007.68	7,178	7,178
12/11/2015 as above		Buy	72,088.84	8,614	8,614
12/11/2015 as above		Buy	10,414.71	1,329	1,329
12/11/2015 as above		Buy	37,875.91	4,859	4,859
12/11/2015 as above		Buy	82,692.10	10,412	10,412
12/11/2015 as above		Buy	104,568.16	12,495	12,495
12/11/2015 as above		Buy	1,528.12	195	195
12/11/2015 as above		Buy	5,557.84	713	713
12/11/2015 as above		Buy	12,135.38	1,528	1,528
12/11/2015 as above12/11/2015 as above		BuyBuy	15,348.38713.12	1,83491	1,83491
12/11/2015 as above		Buy	2,580.15	331	331
12/11/2015 as above		Buy	5,646.76	711	711
12/11/2015 as above		Buy	7,138.59	853	853
12/11/2015 as above		Buy	713.12	91	91
12/11/2015 as above		Buy	2,580.15	331	331
12/11/2015 as above		Buy	5,646.76	711	711
12/11/2015 as above		Buy	7,138.59	853	853
12/11/2015 as above		Buy	7,429.00	948	948
12/11/2015 as above		Buy	27,017.47	3,466	3,466
12/11/2015 as above		Buy	58,985.23	7,427	7,427
12/11/2015 as above		Buy	74,591.11	8,913	8,913
13/11/2015 as above		Buy	190,185.57	27,102	27,102
13/11/2015 as above		Buy	436,419.12	62,191	62,191
13/11/2015 as above		Buy	264,920.88	37,752	37,752
13/11/2015 as above		Buy	765,401.85	109,072	109,072
13/11/2015 as above		Buy	22,687.25	3,233	3,233
13/11/2015 as above		Buy	10,673.47	1,521	1,521
13/11/2015 as above		Buy	10,006.81	1,426	1,426
13/11/2015 as above		Buy	54,055.03	7,703	7,703

				Number of	Person's Votes
Date of Change	Holder of relevant interest	Nature of Change	Consideration	Securities	Affected
20/11/2015 as above		Buy	109,644.51	14,952	14,952
20/11/2015 as above		Buy	251,114.68	34,244	34,244
20/11/2015 as above		Buy	152,792.47	20,836	20,836
20/11/2015 as above		Buy	441,401.29	60,193	60,193
20/11/2015 as above		Buy	58,708.80	8,006	8,006
20/11/2015 as above		Buy	12,730.26	1,736	1,736
20/11/2015 as above		Buy	5,661.15	772	772
20/11/2015 as above		Buy	5,661.15	772	772
20/11/2015 as above		Buy	62,250.69	8,489	8,489
25/11/2015 as above		Buy	14,595.00	2,100	2,100
30/11/2015 as above		Buy	26,339.43	3,900	3,900
30/11/2015 as above		Buy	502,475.28	74,400	74,400
04/12/2015 as above		Buy	3,042,647.20	458,230	458,230
04/12/2015 as above		Sell	3,042,647.20 -	458,230	458,230
10/12/2015 as above		Sell	24,516.46 -	3,800	3,800
17/12/2015 as above		Buy	45,560.00	6,800	6,800
04/01/2016 as above		Sell	65,026.80 -	9,000	9,000
05/01/2016 as above		Sell	24,594.84 -	3,600	3,600
06/01/2016 as above		Buy	205,920.77	30,913	30,913
06/01/2016 as above		Buy	470,567.55	70,642	70,642
06/01/2016 as above		Buy	286,955.48	43,078	43,078
06/01/2016 as above		Buy	825,494.94	123,924	123,924
06/01/2016 as above		Buy	111,077.18	16,675	16,675
06/01/2016 as above		Buy	25,799.21	3,873	3,873
06/01/2016 as above		Buy	11,230.95	1,686	1,686
06/01/2016 as above		Buy	11,384.16	1,709	1,709

Total Number of Securities 1,984,282