Arnold Bloch Leibler

Lawyers and Advisers

Facsimile

Level 21

333 Collins Street Melbourne Victoria 3000 Australia

DX38455 Melbourne www.abl.com.au

Telephone

61 3 9229 9999

Attention Company Fax No.

From

ASX Market Announcements Office

ASX Limited

1300 135 638

Jeremy Leibler

Our Ref JDL

File No. 011870781

Contact

Jeremy Leibler

Direct 61 3 9229 9744

Facsimile 61 3 9916 9523

[email protected]

Facsimile

61 3 9229 9900

Subject Cape Lambert Resources Limited ab

Date

21 October 2015

(ASX: CFE)

Form 604: Notice of change of interests of substantial shareholder

Total pages 4

We act for African Minerals Limited (in administration).

MELBOURNE SYDNEY

Please see the attached notice under section 671B of the Corporations Act 2001 (Cth).

Yours faithfully

Arn(r/, · o 'h/\·)L. e.

: v

Jeremy Leibler

Partner

ABL/4570464v1

ibler

If you do not receive this message in full, please notify by

telephoning

61 3 9229 9999.

This facsimile contains privileged and confidential information intended only for the addressee.

If you are not the addressee, or the person responsible for delivering it to the addressee, you may not copy or deliver this facsimile to anyone

else or use or

disseminate any of the information contained in this facsimile.

If you receive this facsimile by mistake. please notify us immediately by telephone and

return the original facsimile and all copies thereof lo us by post

We will reimburse any reasonable costs you incur in notifying us and in returning the facsimile to us.

Thank you.

604 oaae 1/2 15 Julv 2001

There was a change in the interests of the

substantial holder on 16 October 2015

The previous notice was given to the company

on 13 September 2011

The previous notice was dated 13 September 2011

2. Previous and pre$elit 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 when last reau!red, and when now required, to nlve a substantial ho!din notice to the comoanv or scheme, are as follows:

1. Changes· in relevant.interests

   
   

   Particulars of each change ln, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

   
   

   Oate of change	Person whose relevant interest changed	Nature of change (6)	Consideration given In relation to change (7)	Class and number of securtties affected	Person's votes affected
   16 Oct 15	African Minerals Limited (in administration	Sale of ordinary shares	AUO $437,683	16,214,372 (see appendix)	16,214,372

   
   

2. Present relevantinterests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

G04 a e 2.12 15Jul 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme ate as follows:

Name and ACN/ARSN Nature of association

n/a

nla

6. Addresses

The addresses of persons named in thi$ fonn are as follows:

Signature

print name TCII\/

Capacity UK Joint Administrator

1

sign here ''''' ;;;;; =:::;:;:;::::;:;;:::=:::::;...,=,d;•t:e 1'{

l o ',.:Z:OIS::.,_,.,......,....,=-=.....,..

IWonnlelghton and N Kahn wero appointed Joint Administrators of African Minerals Limited (''AML') by the UK High Court on 26 March 2015. The Joint

Administrators are managing Iha affeirs, business and property of AML and act as agents of AML, without personal liability.

DIRECTIONS

(l) If there are a number of substantlal holders with similar or reJated 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 .. Jf the relevant interests of a group of persons are essentially similar, they may be referred to throughout the fOr'r'l'l as $ specifically named group if the membershipof each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

(2) See the definition of 11associate 11 in section 9 of the Corporations Act 2001.

(l) See the definition of 'relevant interest' in sections 608 and 6718(7) of the Corporations Act 2001.

1. The voting shares of a company constitute one class unless divided into separate classes.

   
   

2. The person's votes divided by the total votes In the body corporate or scheme multiplied by 100. (6). Include details of;

3. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4} applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving fun 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

   
   

   1

4. any qualification of the power of a person to exercise, control the exercise of, or Influence the exerdse of the voting powef'S: 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.

1. 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 entftred to receive in relation to that acquisition. Details must be included even it 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.

   
   

2. If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest arises because of an option) write 'unknown·.




{9) Give details, if appropriate, of the presef)t association and any change in that association since the last substantial holding notice.




Cape Lambert Resources Ltd (ISIN AUOOOOOOCFEO)




. 1

.

ansact

Type of

1

1 1

sued sh

Is

capital

are

Tr ion CCY P . Q T t

date transacti on nee uan , y o a pos, ions

., H Id.

i, o mg




Balance as at 26 March 2015' 122,023,000 626,686,586 19.47%




21/04/2015	Sell	AUD	0.04	212,455	121,810,545	626,686,586	19.44%1
22104/2015	Sell	AUD	0.04	500,000	121,310,545	626,686,586	19.36%
27104/2015	Sell	AUD	0.04	280,000	121,030,545	626,686,586	19.31%
28104/2015	Sell	AUD	0.04	819,880	120,210,665	626,686,586	19.18%
29/04/2015	Sell	AUD	0.04	295,500	119,915,165	626,686,586	19.13% '
30/04/2015	Sell	AUD	0.04	40,420	119,874,745	626,686,586	19.13%
01/0512015	Sell	AUD	0.04	14,905	119,859,840	626,686,586	19.13%
05/05/2015	Sell	AUD	0.04	200,000	119,659,840	626,686,586	19.09%
06/05/2015	Sell	AUD	0.04	100,000	119,559,840	626MG.586	19.08%
11105/2015	Sell	AUD	0.04	15,000	119,544,840	626,686,586	19.08%
22/05/2015	Sell	AUD	0,03	1,000,000	118,544,840	626,686,586	18.92%
29/0512015	Sell	AUD	0.03	594,349	117,950,491	626,686,586	18.82%
05106/2015	Sell	AUD	0.03	880,854	117,069,637	626,686,586	18.68%
18/06/2015	Sell	AUD	0.03	261,009	116,808,628	626,686,586	18.64%
15/10/2015	Sell	AUD	0.03	1,000,000	115,808,628	626,686,586	18.48%
16110/2015	Sell	AUD	0.02	10,000,000	105,808,628	626,686,586	16 88%




Balance as at 16 October 2015 105,808,62818.88%




'IWormlaighton and N Kahn ware appointed Joint Administretors of African Minerals Limited ('AML? on 25 March 2015 by the UK High Court, The Joint Administrators ero not aware of any trading acUvity relating to AML 's holdings in CFE since AML S last change in substantial shareholding was filed on 13 Septomber 2011.