TITANIUM SANDS LIMITED — Major Shareholding Notification 2004

Nov 7, 2004

ANDREW K MCKEE PO Box 5084 Dalkeith

WA 6009

Email: Andrew@Mckee.name

To: Australian Stock Exchange Fax: 1900 999 279

Pages 2

Precious Metals Australia Ltd Fax: 9321 3514

Subject : Form 605

Please find attached:

Notice of ceasing to be a substantial holder: Form 605

Yours truly,

Andrew K McKee 8 November 2004

$\sim$

605 page 1/2 15 July 2001

Notice of ceasing to be a substantial holder PRECIOUS METALS AUSTRALIA In. Company Name/Scheme $1 \text{ TD}$ 009 131533 1. Details of substantial holder(1) ANDREW KREGOR MCKEE Name ACN/ARSN (if applicable) The holder ceased to be a $\frac{511104}{2911104}$ substantial holder on The previous notice was given to the company on The provious notice was dated 2. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevent interest (2) of the substantial holder or an associate (3) in volting 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 Person whose Nature of Consideration Class (6) and Person's votes change relevant Interest change (4) given in relation number of affected changed to change(5) securities alfected A.K. MCKEE SALE ON $#$ 008 ea 2,423,527 2, 425, 527, 3. Changes in association The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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 MAGSTOCK PTYLITA s RAN D 57006 Thecase. 4. Addressos The addresses of persons named in this form are as follows: Name Address PO $A_{0+}$ SO84. above $0.42$ Kejth WA $\overline{\mathcal{E}\circ \alpha}$ Signature point noire AND FIEW MOKEE $\frac{c_{\text{approx}}}{\sqrt{2}}$ (Rector. sign here			Section 671B	Form 605 Corporations Act 2001
	ACN/ARSN