UNION STAR METALS LTD — Major Shareholding Notification 2011

Feb 1, 2011

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To CompanyName/Scheme

PROMESA LIMITED

ACN/ARSN

124 541 466

1. Details of substantial holder(1)

Name

VALERIE KATHIRAVELU

ACN/ARSN (if applicable)

The holder ceased to be a substantial holder on 31/01/2011 The previous notice was given to the company on 11/11/2009 The previous notice was dated 11/11/2009

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person’s votes affected
31/01/2011	VALERIE KATHIRAVELU	Dilution of shareholding due to Share Issue	N/A	fully paid ordinary shares 4,576,477	4.89 %

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 votinginterests in the company or scheme are as follows: Name and ACN/ARSN (if applicable) Nature of association

4. Addresses

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

Name

Address

VALERIE KATHIRAVELU 3 FERNCROFT WAY KINGSLEY WA 6026 Signature VALERIE KATHIRAVELU print name Capacity Holder date 01 /02/2011 sign here