Metro Mining : Change to Board of Directors

ASX ANNOUNCEMENT

20 November 2018

Change to Board of Directors

Metro Mining Limited (Metro) wishes to advise that after four years of service, Mr. Xiaoming Yuan withdrew his nomination for re-election as a Director of Metro at today's Annual General Meeting.

Mr. Yuan originally joined the Board as an Alternate Director in 2014 and has served as Director since July 2018; representing DADI Engineering Development Group (DADI), China's largest coal industry engineering group.

DADI has been a supportive investor of Metro over the past eight years and is a substantial shareholder of the Company.

Mr Yuan will continue to provide his industry expertise to Metro as a Director of its wholly-owned coal subsidiary.

"I would like to acknowledge Mr Yuan's and DADI's contribution to the Board of Metro Mining over the past eight years. I value the long association Metro has had with Mr Yuan and look forward to his continued assistance with our coal subsidiary,"

Metro Mining's Chairman, Mr Stephen Everett said.

ASX: MMI | ACN 117 763 443

For Further Info: P: [phone] | E:[e-mail] |W:www.metromining.com.au Contact: Simon Finnis, MD & CEO | Amy Treble, Company Secretary Duane Woodbury, CFO Registered Office & Head Office: Level 2, 247 Adelaide St, Brisbane | GPO Box 10955, Brisbane Q 4000

This announcement has been prepared for publication in Australia and may not be released or distributed in the USA. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 (as amended) and may not be offered or sold in the United States except in transactions exempt from, or not subject to, registration under the US Securities Act and applicable US state securities laws.

ASX Announcement | 20 November 2018 | Page 1