VERITY RESOURCES LIMITED — Major Shareholding Notification 2008

Jan 15, 2008

ACN 122 995 073

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4 January 2008

STATEMENT OF SECURITIES SUBJECT TO ESCROW

The Company provides the following information with regard to the escrow of shares held by directors of the Company.

Shareholder	Number of ordinary shares subject to escrow	Number of ordinary shares subject to escrow	Escrow Period
Mr Henry James Stacpoole		119,785	24 months
Mr Henry Stacpoole		28,750	24 months
Stacpoole Enterprises PtyLtd		100,000	24 months
Stacpoole Enterprises Pty Ltd		93,750	24 months
Stacpoole Enterprises Pty Ltd		375,145	24 months
Vermar PtyLtd		5,305,925	24 months
Total Ordinary Shares subject to escrow		6,023,355

The above shares are all subject to Restriction Agreements.

Richard Baker Company Secretary

Botswana Metals Limited

REGISTERED OFFICE Suite 5.10, 737 Burwood Rd, Hawthorn, Australia Telephone +61 3 9813 5888 Facsimile +61 3 9813 2668