LEADE NHALL AUSTRALIA PTY LTD

ABN 63 007 997 248

GPO Box 1572

ADELAI DE, SA 5001

Tel (OB) 8385 2200

Fax: (08) 8385 2299

Fo1i.n 603 sex fax he.'.H1cr

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Our Fax No: + 61 8 8385 2299[Intemational]

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l)atc:

To:

21 ND'ICl'flbe( 2o,s

Company Announcements -ASX

Fax: 1300 135 638

Company Secretary, Cape Lambert Resources Limited

Fax: 089 380 9666

Subject: FORM 603

l

Leadenhall A\1Stralia J?ty Ltd

N1.1mbcr of l?ags; (including this pag') S

PRIVACY & CONFIDENTIALITY NOTICE

Tho information contained in this facsimile is intondtd for the nained recipients only. It inay contain privileged and confidential information and if you are NOT an intended recipient, you must not copy, distribute or take any action in reliance on it. If you have received this facsimile in error, please notify us immediately by a collect telephone call to (08) 8385 2200.

Dear Sirs

Please find attached Form 603 - Notice of!nitial substantial holder. Yours sincerely

T O Lebbon

EXECUTIVE DIR.ECTOR

Form 603

Corporations Act 2001

Section 671B

Notice of initial substantial holder

To: CAPE LAMBERT RESOURCES LIMITED

A.C.N 095 047 920

1. Detnils of s11bstantinl shareholder(l)

   
   

   Leadenhall Australia Pty Ltd ABN 63 007 997 248

   Noble Investments Pty Ltd ABN 76 967 942 855Noble Investments Supern1U1uation Fund Pty Ltd ABN 98 168 638 587

   Timothy Owen Lcbbon ABN 12 930 874 705 and

   Christine Fmnces Lebbon

   
   

   became a subsmntialshareholder on 25 November 2015

   
   

2. Detuils of voting power

   
   

   The total number of votes attached 10 nil tlie voting shares irt the company or votins interests irt the scheme that tl,c substnctinl holder or an associate (2) had a relevant interest (3) irt on the date the substantial holder are as follows:

   
   

   Class of Securities		Number of Securities	Persons votes (S)	Votins Power on the basis of 626,686,586 fully paid shares
   Ordinary fully naid		105,908,628	105,908,628	16.90°/o
   Total	105.908,628	105,908,628	16.90% of totalo/o

   
   

3. Details ofrelcvnnt Interests

   
   

   The nature of the relevant irttercst the substantial holder or an associate had in the followirtg voting securities on the date the subl

   
   

   Holder of Relevant Interest	Nature of Rclevnnt Interest (7)	Class and Number of Securities
   Leadenhall Australia Pty Ltd	Pursuant to section 608 (b) (e) of the Comorntions Act 2001	105,808,628 fully p11id
   Timothy Owen Lebbon	Purchase of shares	100,000 fully paid

   
   

4. Details of present registered holders

   
   

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

   
   

   Holder of Relevant Interest	Registered Securities	Holder	of	Person entitled to be registered as holder (8)	Class ncd secucttics	number	of
   Leadenhall Australia Pty Ltd	African Minerals Limited			African Limited	Minerals	105,808,628 Fully paid
   Timothy Owen Lebbon	Timothy Owen Lebbon			Timothy Lcbbon	Owen	100,000 fully paid

   
   

   Form 603

   Corporations Act 200I

   Section 671B

   
   

5. Consideration

The consideration paid for each rolovant intcrCllt referred to in parngrnph 3 abovo, and acquired in tl1e four months prim· to the day thnt the subslnntinl holder booamo n subslnnlinl. holder is ns follows:

6. Assoclntcs

Tho reasons the pol'!lo11s named in paragraph 3 above al'c associates of the substantial holder arc as follows:

7, Addl'CSSCS

Tho aM ,f :d in this f1•- - - -- fo- ll•-n-•

Nnmo Address

Leadenhall Australia Ptv Ltd GPO Box 1572 Adolaido SA 5001 Noble InvestmentPty Ltd as Trustee of the Noble GFO Box 1572 Adolnide SA 5001 Tnve..i;;tmcnts and Consu1tin' Setvice.11, TrusL

Noble Investments Superannuation Fund Pty Ltd as GPO Box 1572 Adelaide SA 5001 Trustee for the Noble InvestmMt Superannuation

Fund

Timotliv Owen Lebbon 3 Russon Avenue, Hazelwood Park SA 5066

Christine Frances Lebbon 3 Russell Avenue, Hazelwood Park SA 5066

Signature

Print Name:

Capacity:

iLcbbon

'-

Director, Lcndcuhnll Australln Ptx..!,,J:d,..,...

_,.,...... -;,

Slgnatur : ...::.--:., ,,-,··'

.... , _/_.,- I

c· /

' '

Date; 27 November 2015

Our Roi:MSA:0064:L

W R P

WINTER • ROMALDI • PARHAS

LEGAL & A DVIS ORY

27 November 2015

lhe Directors

Cape Lambert Resources Ltd

32 Harrogate Street

West Leederville WA 6007

Dear Sirs

Cape Lambert Resources Ltd (CFE) LEADENHALL Australia pty Ltd and llm Lebbon Re: Relevant Interest In CFE

We act for, and represent, LEADENHALL Australia Pty Ltd ACN 007 997 248 and Mr Tim Lebbon (collectively Our Client).

As per Our Client's recent discussions with you, Our Client has been working with Deloitte London (Deloitte) In respect of African Minerals Limited.

Our Client has acquired a relevant interest in CFE, being 105,808,628 ordinary shares in the capital of CFE (equating to a 16.88% interest). To this end, we attach a 'Notice of initial substantial holder' for your Information.

As you are aware, Our Client's interest is the largest shareholding in CFE. As such, Our Client wishes to work cooperatively with the directors of CFE to enhance the value of CFE for the benefit of all shareholders.

Following the retirement of Mr Levin as a director of CFE, we note that Deloitte has sent a letter to you requesting the appointment of an independent non-executive director to the board of CFE. Our Client looks forward to assisting you with that appointment.

From the statements made at the AGM on 26 November 2015, Our Client understands that CFE is solvent and does not need to raise any capital at this time. Given the Importance of Our Client's interest in CFE, Our Client would not expect the board of CPE to approve a placement of shares in CFE without proper consultation with Our Client (via lm Lebbon).

Yours faithfully

-

Garry Winter Director

WRP Legal & Advisory

Level 9 Reserve Ban k Bui l di ng, 1 82 Victoria Square, AOELAI D SA 5000

rel: +61 8 8113 7750 fax. +61 8 8227 1207 email: [email protected] au

ABN: BO 997 581 033 www.wrpl egal.com.au

Llilbl//ey limited by ,1 schme .1pproved under Professlon.1/ St.lnd.1rds le9/sl.1tlon