WEST WITS MINING LIMITED — Major Shareholding Notification 2007

Dec 18, 2007

Form 603

Corporations Act 2001 Section 6110

Notice of initial substantial holder

In Company Name/Scheme	West Wits Mining Limited
ACHI/AR3N	124 894 060
1. Details of substantial holder (1) Name ACN/ARSN (if applicable)	Geotorm Investments Limited
The noider became a substantial holder on	14 12 07

2. Details of voting power

The rollation of voles attached to bill the volting shares in the company or volting interests in the schenia that the substantial holder or an associate (2) had a
relevant interest (3) in on the date the substantial holde

Class of securities (4)	$\mathcal{L} = { \mathcal{L} \in \mathcal{L} \mid \mathcal{L} \in \mathcal{L} }$ and the set of $\mathcal{L} = { \mathcal{L} \in \mathcal{L} }$ . The set of $\mathcal{L} = { \mathcal{L} \in \mathcal{L} }$ Number of Securities	Person's votes (5) المتحصة والمتعاطرات والمراجات والمستجددات فأوجزه المتراد مسترد المساء متسمع متعرضات ويستهينها	Voling power (6)
Ordinary Shares	$\frac{9}{2}$ 7, 500, 000

3. Details of relevant interests

The native of the relevant interest the substantial holder or an associate rad in the following voring securities on the date the substantial holder became a substantial holder are as follows:

. Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Geotorm Investments Ltd المحرارم بتجاهدها والمحادث فتقتب متمدد مرودي	Registered Holder
~~~~~~

4. Datails of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as rollows;

Holder of relevant mterest	Registered huider of securities	- Person entitled to be registered as holder (0)	tilbes and number of secunties.
Geotorm	Geotorm	Geotorm
Ltd Investments	Investments Ltd	Investments Ltd

5. Consideration

The consideration paid by each relevant interest referred to in paragraph 3 above, and acquired in the four membs prior to the day that the substantial holder became a substantial holder is as follows

Holder of relevant interest	Date of acquisition	Consideration (9)		--- Class and number of securities
Geotorm Investmen≬s	2007	سالا الأحماسية ∵ash	मका टाउन
iL t d Search and policy		ちょうしゅう シュール・シー・エー・シー
	_________

Transfer of Mining rights to subsidiarys of West Wits Mining Limited.

$\mathbf{a} = \mathbf{a}$ official

utina a dalaban Adri

$PAGE$ 03

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

	.
Name and ACN/ARSN (If applicable)	Nature of Association -------- .
	------

1. Addresses

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

	when you are a present to consider the first of the construction of the construction of the construction of the
	Addiess
Name
	Geotorm Investments Led 7/F Ngan House, 210 Des Voeux Road
	Cantral Hong Kong, Hong Kong

Signature

print name LO Fuk Chuen David & Chan Ming Cheumageay Autorox Lees Universe
sign here For and onybehalf of		date
GEOIORM INVESTMENTS LIMITED	Althorized Signature(s)

• If there are a number of substantial holders with similar or related relevant interests (eg. a corporation und its related coporations, or the manager and frustee of an
  equity trust), the numes oculd as included in an anne $(1)$ form.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "refevant" (erest" in sections 608 and 6710(?) of the Corporations Act 2001 $\left( 1\right)$
• The voting shares of a compan- innstitute one class unless divided into separate classes. $\left( 0 \right)$
• The lotal number of votes allse led to all the voting shares in the company of voting interests in the scheme (if any) that the person or an associate has a relevant $(b)$ Interest in.
• The person's votes divided by the total votes in the body curporate or scheme multiplied by 100. $(6)$
• Include details of: $(n)$

第八章 我们的人的人都会

• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 6718(4) applies, a copy of any document setting our the terms of any relevant agreement, and a statement oy the person giving full and accurate details of any contract, scheme or arrangement, must accompany $(a)$ this form, together with a written statement certifying this contract, scheme or amengament: and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $\left( 0 \right)$ which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of Tralevant agreement" in section 0 of the Corporations Act 2001,

If the substantial holder is unable to determine the identity of the porson Leg. If the relevant interest arises because of an option) write "unknown". $\left( 0 \right)$

n'i Grafit

Details of the consideration must include any and all benefits, money and other, that any person from whom a relavant interest was acquired has, or may, become entilled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be
Antilled to receive in relation to that acquisition $\left( 9\right)$ envices to reverse in islaming the individual several light of the second of services were alleged in they are not paid dirently to the person from whom
Included of any benefit paid in himself of the kubstantial lighter (i the relevant interest was acquired