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SUNSTONE METALS LTD Major Shareholding Notification 2012

Sep 16, 2012

65870_rns_2012-09-16_861565cf-2902-418b-b47e-98f7e00e5e86.pdf

Major Shareholding Notification

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Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial shareholder

To Company Name/Scheme AVALON MINERALS LIMITED
ACN 123 184 412

1. Details of substantial holder

Name The Goldman Sachs Group, Inc. on behalf of itself and its subsidiaries ("GSGI") includingits significant subsidiaries listed in Annexure A.
ACN/ARSN (ifapplicable) Not applicable

The holder ceased to be a substantial holder on The previous notice was given to the company on The previous notice was dated 14 September 2012 13 September 2012 13 September 2012

2. 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 ofChange Holder of RelevantInterest Nature ofChange Consideration(AUD) Class and Number of Securities Person's votesaffected
14/09/2012 Goldman SachsInternational ("GSI") Return ofCollateral N/A 19,924,858 Fully Paid Ordinary Shares 19,924,858

3. Changes in association

The persons who have become associates of, ceased to be associates of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN (if applicable) Nature of association
N/A N/A

4. Addresses

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

Name Address
GSGI Corporation Trust Center, 1209 Orange Street, Wilmington DE19801, U.S.A.
Goldman Sachs International Peterborough Court133 Fleet Street London EC4A 2BB UnitedKingdom

Signature

Print name Michael Corwin(signing under power of attorney inaccordance with section 52 of theCorporations Act) Capacity Authorised Person
Sign here Date 14 September 2012

Annexure A

Significant Subsidiaries of The Goldman Sachs Group, Inc.

The following are significant subsidiaries of The Goldman Sachs Group, Inc. as of December 31, 2011 and the states or jurisdictions in which they are organized. Indentation indicates the principal parent of each subsidiary. The Goldman Sachs Group, Inc. owns, directly or indirectly, at least 99% of the voting securities of substantially all of the subsidiaries included below. The names of particular subsidiaries have been omitted because, considered in the aggregate as a single subsidiary, they would not constitute, as of the end of the year covered by this report, a "significant subsidiary" as that term is defined in Rule 1-02(w) of Regulation S-X under the Securities Exchange Act of 1934.

Name atate urJurisdiction ofOrganization ofEntity
The Goldman Sachs Group, Inc. Delaware
Goldman, Sachs & Co. New York
Goldman Sachs (UK) L.L.C. Delaware
Goldman Sachs Group Holdings (U.K.) United Kingdom
Goldman Sachs International Bank United Kingdom
Goldman Sachs Holdings (U.K.) United Kingdom
Goldman Sachs International United Kingdom
Goldman Sachs Asset Management International United Kingdom
Shire UK Limited United Kingdom
KPL Finance Limited Cayman Islands
GS Financial Services L.P. (Del) Delaware
JIOHC Cayman Islands
Jupiter Investment Co., Ltd. Japan
Goldman Sachs Global Holdings L.L.C. Delaware
GS Asian Venture (Delaware) L.L.C. Delaware
Triumph II Investments (Ireland) Limited Ireland
GS Diversified Funding LLC Delaware
Panda Investments Ltd Mauritius
GS (Asia) L.P. Delaware
Goldman Sachs (Japan) Ltd. British Virgin Islands
Goldman Sachs Japan Co., Ltd. Japan
J. Aron Holdings, L.P. Delaware
J. Aron & Company New York
Horizon Fundo De Investimento Multimercado Credito Privado - Investimento No Exterior Brazil
Goldman Sachs Asset Management, L.P. Delaware
Goldman Sachs Hedge Fund Strategies LLC Delaware
Goldman Sachs (Cayman) Holding Company Cayman Islands
Goldman Sachs (Cayman) Trust, Limited Cayman Islands
Goldman Sachs (Asia) Corporate Holdings L.P. Delaware
Goldman Sachs Holdings (Hong Kong) Limited Hong Kong
Goldman Sachs (Asia) Finance Mauritius
Goldman Sachs (Asia) LLC Delaware
Goldman Sachs (Asia) Securities Limited Hong Kong
Goldman Sachs Financial Markets, L.P. Delaware
MTGLQ Investors, L.P. Delaware
ELQ Investors, Ltd United Kingdom
GS European Opportunities Fund B.V.GS European Strategic Investment Group B.V. NetherlandsNetherlands
Delaware
Opal Resources LLCGS Mehetia LLC Delaware
Mehetia Holdings Inc. Delaware
GS Lending Partners Holdings LLC Delaware
Goldman Sachs Lending Partners LLC Delaware
Goldman Sachs Bank USA New York
Goldman Sachs Mortgage Company New York
GSCP (DEL) Inc. Delaware
Goldman Sachs Credit Partners L.P. Bermuda
GSTM LLC Delaware
SLK LLC New York
Goldman Sachs Execution & Clearing, L.P. New York
GS Financial Services II, LLC Delaware
GS Funding Europe United Kingdom
GS Funding Europe I Ltd. Cayman Islands
Name State orJurisdiction ofOrganization ofEntity
GS Funding Europe II Ltd. Cayman Islands
GS Investment Strategies, LLC Delaware
GSEM (Del) Inc. Delaware
GSEM (Del) Holdings, L.P. Delaware
GSEM Bermuda Holdings, L.P. Bermuda
GSEM (Del) LLC Delaware
GS Equity Markets, L.P. Bermuda
GSIP Holdco A LLC Delaware
Special Situations Investing Group, Inc. Delaware
GS Mortgage Derivatives, Inc. Delaware
GS Direct, L.L.C. Delaware
Commonwealth Annuity and Life Insurance Company Massachusetts
First Allmerica Financial Life Insurance Company Massachusetts
Goldman Sachs Specialty Lending Holdings, Inc. II Delaware
Goldman Sachs Specialty Lending CLO-I, Ltd. Cayman Islands
GS Power Holdings LLC Delaware
Natural Resources Investments S.L. Spain
Comercializadora Internacional Colombian Natural Resources I S.A.S. Colombia
Mitsi Holdings LLC Delaware
Metro International Trade Services LLC DelawareDelaware
MLQ Investors, L.P.
AR Holdings (Delaware) L.L.C.AR Holdings GK DelawareJapan
GK Kagurazaka Holdings Japan
GK Arisugawa Finance Japan
K.K. Minato Saiken Kaishu Japan
GS PIA Holdings GK Japan
Crane Holdings Ltd. Japan
Goldman Sachs Realty Japan Ltd. Japan
Goldman Sachs Ireland Group Holdings LLC Delaware
Goldman Sachs Ireland LLC Delaware
Goldman Sachs Ireland Group Limited Ireland
Goldman Sachs Ireland Holdings Limited Ireland
Goldman Sachs Bank (Europe) plc Ireland
Rothesay Life, L.L.C. Delaware
Rothesay Life (Cayman) Limited Cayman Islands
Rothesay Life Limited United Kingdom
ELQ Holdings (Del) LLC Delaware
ELQ Holdings (UK) Ltd United Kingdom
ELQ Investors II Ltd United Kingdom
Goldman Sachs Specialty Lending Holdings, Inc. Delaware
Goldman Sachs Holdings ANZ Pty Limited Australia
GS HLDGS ANZ II Pty Ltd Australia
Goldman Sachs Australia Group Holdings Pty Ltd Australia
Goldman Sachs Australia Pty Ltd Australia
Archon International Inc. Delaware
Archon Group Deutschland GMBH Germany
Goldman Sachs Private Equity Group Master Fund I, LLC Delaware

THE GOLDMAN SACHS GROUP, INC AND ITS SUBSIDIARIES

Signature

print name
print name Michael Corwin(signing under power of attorneyin accordance with section 52 ofthe Corporations Act) capacity Authorised Person

sign here date 14 September 2012