Cape Lambert Resources : Ceasing to be a substantial holder

Arnold Bloch Leibler

Lawyers and Advisers

Facsimile

Attention Company

Fax No. 1300135638

Contact

Direct 61 3 9229 9843

Facsimile

ACvetanovs ki@abl. com. au

Level 21

333 Cull111 Sl1 0od Melbourne V1ctor1a 3000 Australia

DX38455 Melbourne www.abl.com.au

Telephone

61 3 9229 9999

Facsi mil e

61 3 9229 9900

From Date Subject

ab

2/11/2016 3:01 :20 PM

Total pages 4

MELBOURNE

SYDNEY

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61 3 9229 9999.

This facsimile contains privileged and confident1a 1nformallon intended orJy for the addressee

Ifyou are not the addressee, or the person respons1t:1e for del1venng 11 to the addressee, you may not copy or deliver this

facsimile to anyone el se or use or disseminate any

of the 1nformat1on contained 1n this facsimile

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in returning the facsimile to us

Thank you

Arnold Bloch Leibler

Lawyers and Advisers

Facsimile

Attention ASX Market Announcements Office

Company ASX Limited

Fax No. 1300 135 638

From Jeremy Leibler

Date 2 November 2016

Subject Cape Lambert Resources Limited (ASX: CFE)

Form 605: Notice of ceasing to be a substantial holder

Total pages 2

We act for African Minerals Limited (in administration).

Our Ref JDL

File No. 011870781

Contact

Jeremy Leibler

Direct 61 3 9229 9744

Facsimile 61 3 9916 9523 [e-mail]

Level 21

333 Collins Street Melbourne

Victoria 3000

Australia

DX38455 Melbourne www.abl.com,au

Telephone

61 3 9229 9999

Facsimile

61 3 9229 9900

MELBOURNE SYONEY

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

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

61 3 9219 9999.

This facsimile contah1s privileged arid confidential information intended on for the addressee.

Ifyou 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 to us by post.

We will reimburse any reasonable costs you incur in notifying us and

in returning the facsimile to us.

Thank you.

ABL/5319262v1

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substan tial holder

To Coinpany Name/Sche1ne Cape Lambert Resou rces Limited

ACN/ARSN ACN 095 047 920

1. Details of substantial holder(!)

   Name African Minerals Limited (in administration)

   ACN/ARSN (if applicable) Not applicable

   The holder ceased to be a

   substantial holder on O,R / l !/16

   605 Jagc l of 2 15 July 2001

   The previous notice was given to the cOinpany on

   06 / 10 / 16

   The previous notice was dated 06 / 10 / 16

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the

con1pany or sche1ne, since the substantial holder was last required to give a substantial holding notice to the cotnpany or sche,ne arr. as lh1lo,,s·

Date of change	Person whose relevant interest cl1a11ged	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and nmnber of securities affected	Person's votes affected
o::i. 1111 16	African l'1inerals Limited (in ad1ninistration)	Offmarkct sa!c of shares	AUD $658,086.28	65,808,628 ordinary shares	65,808,628

3. Changes in association

The persons who have bec01ne associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder

in relation to voting interests in the cmnpany or sche1ne are as follows:

Nainc and ACN/ARSN (if annlicable)
Not applicable	Not applicable

4. Addresses

The addresses of persons nmnein this form are as follows:

Nmne	Address
African Minerals Limited (in ad1ninistration)	The Joint Adn1inistrators, c/o Deloitte LLP, 66 Shoe Lane, London, EC4A 3BQ

Signature

print name Neville Kahn

;

"

capaci uK Joint Administrator - as agent and without personal liability

sign here date o'.Vlj /16

DIRECTIONS

605 a e 2 of 2 - 15 Ju! 2001

(I ) If there are a nun1ber of substantial holders with siini!ar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), {he names could be included in an annexurc to the fonn. If the relevant interests of a group of persons are essentially si,nilar, they 1nay be referred to throughout the form as a specifically rta1ned group if the 1nembership of each group, with the names and addresses of n1embers is clearly set out in paragraph 4 of the fonn.

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

2. See the definition of "a'isociate" in section :of the Corporations Act 2001,

3. Include details of:

4. any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsectioll 67IB(4) applies, a copy of any document setting out the tcnns of any relevant agreement, and°·a statement by the person giving full and accurate details of any contract, scheme or arrange1ncnt, must accoJ_npany this form, together with a written statement certifying this contract, scheme or arrangement; and

5. 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 ,vhich the relevant interest relates (indicating clearly the particular securities to which the qualification applies). ·

   See the definition of 11relevant .agree1nent" in section 9 of the Corporations Act 2001,

6. Details of the consideration must include any and all benefits, 1noney and other, that any person from whmn a relevant interest wa,; acquired has, or may, becmne 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 1nust be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even ifthey are not paid directly- to the person from whom the relevant interest was acquired,

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

8. Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice,