VERITY RESOURCES LIMITED — Major Shareholding Notification 2008

Jan 15, 2008

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ACN 122 995 073

Top 20 Holders

CRB/COMPUTERSHARE INVESTOR SERVICES	CRB/COMPUTERSHARE INVESTOR SERVICES	***	T O P	2 0	H O L D E R S	***		(RSP520:11.45:040108)	(RSP520:11.45:040108)
BOTSWANA METALS LIMITED/BML			RUN NUMBER	0049	03/01/2008			PAGE :	1
CLASS GROUP:	*G1/ORDINARY FULLY PAID
HOLDER NO	NAME AND ADDRESS				UNITS	% I/C	RANK
	CITICORP NOMINEES PTY LIMITED				8,134,496	7.67	1
	VERMAR PTY LTD				7,805,925	7.36	2
	<CAP A/C>
	POLARITY B PTY LIMITED				5,189,861	4.89	3
	BOND STREET CUSTODIANS LIMITED				5,065,000	4.77	4
	<MXR - WN0125 A/C>
	ROYAL BANK OF CANADA				5,000,000	4.71	5
	IDAMANEO (NO 79) NOMINEES				4,500,000	4.24	6
	PTY LIMITED
	FORTIS CLEARING NOMINEES P/L				3,049,601	2.87	7
	<SETTLEMENT A/C>
	ANZ NOMINEES LIMITED				2,802,903	2.64	8
	<CASH INCOME A/C>
	HSBC CUSTODY NOMINEES				1,857,707	1.75	9
	(AUSTRALIA) LIMITED
	MERRILL LYNCH (AUSTRALIA)				1,617,042	1.52	10
	NOMINEES PTY LIMITED
	SANDHURST TRUSTEES LTD				1,415,174	1.33	11
	<OGF A/C>

Botswana Metals Limited

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

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ACN 122 995 073

	FORTIS CLEARING NOMINEES PTY	FORTIS CLEARING NOMINEES PTY	1,250,000	1.18	12
	LTD
	<SETTLEMENT A/C>
	RIOTEK PTY LTD		1,155,500	1.09	13
	CLARIC 182 PTY LTD		1,120,000	1.06	14
	<THE CLARIC SUPERFUND A/C>
CLASS GROUP:	*G1/ORDINARY FULLY	PAID
HOLDER NO	NAME AND ADDRESS		UNITS	% I/C	RANK
	RABINOV HOLDINGS	PTY LTD	972,686	0.92	15
	MR GEOFFREY JOHN FREEMAN		905,000	0.85	16
	WHITEHALL CORPORATION PTY LTD		855,000	0.81	17
	NATIONAL NOMINEES LIMITED		845,067	0.80	18
	MR PHILIP CHARLES	LANGDON &	766,188	0.72	19
	MRS ROBYN MARGARET	LANGDON
	<ACE PACK CON P/L DIR S/F A/C>
	STACPOOLE ENTERPRISES PTY LTD		750,290	0.71	20
	<SUPERFUND A/C>
	*** REPORT TOTAL	***	55,057,440	51.89
	*** REMAINDER	***	51,054,830	48.11
			-----------------------
	*** GRAND TOTAL	***	106,112,270	100.00
			=======================

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TOTALCURRENTHOLDERSMEETINGCRITERIAFORTHISREPORT:2146

Botswana Metals Limited

REGISTERED OFFICE

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

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ACN 122 995 073

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Botswana Metals Limited

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