SECURITIES EXCHANGE ANNOUNCEMENT & MEDIA RELEASE

14 April 2014

CLARIFICATION

Gindalbie Metals Limited (ASX: GBG - "Gindalbie") advises that the company announcement dated 11 April 2014 incorrectly stated that Mr Michael O'Neill was on the Board of the Australian Institute of Sport. Mr O'Neill is a former Board member of the Western Australian Institute of Sport. His current directorships are the Perth Market Authority and P&N Bank Ltd.

ENDS

Released by :

On behalf of:

Nicholas Read

Read Corporate

Mr Keith Jones

Chairman

Telephone: (+61-8) 9388 1474

Mobile: (+61) 419 929 046

Mr Michael Weir

Manager Corporate and Investor Relations, Company Secretary

Telephone: (+61-8) 9480 8700 www.gindalbie.com.au

Level 9, London House

216 St Georges Tce Perth

Western Australia, 6000

PO Box 7200, Cloisters Square, PERTH Western Australia 6850

W: www.gindalbie.com.au

T: +61-8 9480 8700

F: +61-8 9480 8799

E: gbg@gindalbie.com.au

ASX: GBG

Issued Shares: 1.49B

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