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WEST WITS MINING LIMITED Major Shareholding Notification 2009

Jan 7, 2009

66091_rns_2009-01-07_a559bb81-e68a-44eb-b610-7cdc1d534637.pdf

Major Shareholding Notification

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603 Page 1 of 2 15 July 2001

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To Company Name/Scheme

West Wits Mining Limited

ACN/ARSN 124 894 060

1. Details of substantial holder (1)

Name Mining Projects Group Limited

ACN/ARSN (if applicable) 006 189 331

The holder became a substantial holder on 07 / 01 / 2009

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4) Number of securities Person's votes (5) Voting power (6)
Ordinary Shares 6,309,552 6,309,552 5.18%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting 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
AMN Nominees Pty Ltd Shareholder Ordinary Shares
6,309,552

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant
interest
Registered holder of
securities
Person entitled to be
registered asholder(8)
Class and number of securities
AMN Nominees Pty Ltd AMN Nominees Pty
Ltd
AMN Nominees Pty Ltd Ordinary Shares
6,309,552

5. Consideration

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

Holder of relevant
interest
Date of acquisition Consideration (9) Consideration (9) Class and number of securities
Cash Non-cash
Please refer to
Annexure A

603 Page 2 of 2 15 July 2001

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
AMN Nominees Pty Ltd 100% owned subsidiary of Mining Projects Group Limited

7. Addresses

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

Name Address
All Suite 2, 1233 High Street, Armadale VIC 3143

Signature

print name
sign here
Bryan Frost
capacity
Director
date
08/01/2009

DIRECTIONS

  • (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form.

  • (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

  • (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

  • (4) The voting shares of a company constitute one class unless divided into separate classes.

  • (5) The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.

  • (6) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

  • (7) Include details of:

  • (a) any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) 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 which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

  • See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

  • (8) If the substantial holder is unable to determine the identity of the person ( eg. if the relevant interest arises because of an option) write "unknown".

  • (9) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled 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 included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

West Wits Mining Limited ACN 124 894 060

ANNEXURE A

5. Consideration

Holder of Relevant
Interest
Date of
Acquisition
Consideration
(Cash)
Class and Number of
securities
AMN Nominees PtyLtd 24/12/2007 $ 61,025.00 ORD 257,500
AMN Nominees PtyLtd 27/12/2007 $47,728.00 ORD 194,700
AMN Nominees PtyLtd 04/01/2008 $24,267.75 ORD61,474
AMN Nominees PtyLtd 07/01/2008 $ 63,060.00 ORD 126,800
AMN Nominees PtyLtd 10/01/2008 $40,998.30 ORD83,670
AMN Nominees PtyLtd 10/01/2008 $160,541.00 ORD321,082
AMN Nominees PtyLtd 10/01/2008 $11,643.78 ORD 24,774
AMN Nominees PtyLtd 10/01/2008 $4,850.00 ORD 10,000
AMN Nominees PtyLtd 10/01/2008 $26,950.00 ORD55,000
AMN Nominees PtyLtd 10/01/2008 $70,175.00 ORD 140,350
AMN Nominees PtyLtd 10/01/2008 $14,850.00 ORD30,000
AMN Nominees PtyLtd 11/01/2008 $46,132.00 ORD94,650
AMN Nominees PtyLtd 14/01/2008 $15,963.00 ORD31,300
AMN Nominees PtyLtd 16/01/2008 $12,875.97 ORD 25,247
AMN Nominees PtyLtd 17/01/2008 $19,417.44 ORD 40,453
AMN Nominees PtyLtd 18/01/2008 $12,616.89 ORD 24,739
AMN Nominees PtyLtd 18/01/2008 $ 31,325.28 ORD65,261
AMN Nominees PtyLtd 18/01/2008 $ 5,000.00 ORD 10,000
AMN Nominees PtyLtd 23/01/2008 $160,758.40 ORD 401,896
AMN Nominees PtyLtd 24/01/2008 $ 39,241.60 ORD98,104
AMN Nominees PtyLtd 29/01/2008 $ 34,000.00 ORD 100,000
AMN Nominees PtyLtd 29/01/2008 $28,000.00 ORD 100,000
AMN Nominees PtyLtd 29/01/2008 $18,465.60 ORD61,552
AMN Nominees PtyLtd 06/02/2008 $18,700.00 ORD55,000
AMN Nominees PtyLtd 13/02/2008 $1,700.00 ORD5,000
AMN Nominees PtyLtd 08/02/2008 $ 47,300.00 ORD 145,000
AMN Nominees PtyLtd 14/02/2008 $ 68,000.00 ORD 200,000
AMN Nominees PtyLtd 18/02/2008 $ 59,988.60 ORD 199,962
AMN Nominees PtyLtd 19/02/2008 $ 11.40 ORD 38
AMN Nominees PtyLtd 13/03/2008 $78,000.00 ORD300,000
AMN Nominees PtyLtd 13/03/2008 $14,000.00 ORD50,000
AMN Nominees PtyLtd 13/03/2008 $ 49,402.75 ORD 197,611
AMN Nominees PtyLtd 14/03/2008 $ 597.25 ORD 2,389
AMN Nominees PtyLtd 20/03/2008 $22,000.00 ORD 100,000
AMN Nominees PtyLtd 09/04/2008 $64,500.00 ORD 300,000

Page 1 of 2

Holder of Relevant
Interest
Date of
Acquisition
Consideration
(Cash)
Class and Number of
securities
AMN Nominees PtyLtd 05/05/2008 $ 9,450.00 ORD 45,000
AMN Nominees PtyLtd 06/05/2008 $ 3,780.00 ORD 18,000
AMN Nominees PtyLtd 07/05/2008 $10,500.00 ORD50,000
AMN Nominees PtyLtd 07/05/2008 $4.80 ORD 24
AMN Nominees PtyLtd 09/05/2008 $18,270.00 ORD87,000
AMN Nominees PtyLtd 12/05/2008 $ 6,985.00 ORD34,925
AMN Nominees PtyLtd 14/05/2008 $4,000.00 ORD 20,000
AMN Nominees PtyLtd 22/05/2008 $26,939.80 ORD 134,699
AMN Nominees PtyLtd 04/06/2008 $40,000.00 ORD 200,000
AMN Nominees PtyLtd 05/06/2008 $20,000.00 ORD 100,000
AMN Nominees PtyLtd 11/06/2008 $2,070.40 ORD 10,352
AMN Nominees PtyLtd 18/07/2008 $29,790.00 ORD 198,600
AMN Nominees PtyLtd 24/07/2008 $210.00 ORD 1,400
AMN Nominees PtyLtd 08/08/2008 $ 8,164.00 ORD62,800
AMN Nominees PtyLtd 18/08/2008 $22,464.00 ORD 187,200
AMN Nominees PtyLtd 22/08/2008 $16,240.00 ORD 203,000
AMN Nominees PtyLtd 25/08/2008 $1,451.68 ORD 18,146
AMN Nominees PtyLtd 04/09/2008 $2,308.32 ORD 28,854
AMN Nominees PtyLtd 27/11/2008 $700.00 ORD 20,000
AMN Nominees PtyLtd 01/12/2008 $ (840.00) ORD(20,000)
AMN Nominees PtyLtd 07/01/2009 $49,800.00 ORD 996,000
Total $ 1,646,373.01 ORD 6,309,552

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