Reed Resources Ltd : Becoming a substantial holder

ABN 89 099 116 631

Level 1, 672 Murray St

West Perth WA 6005

Locked Bag 8

West Perth WA 6872

Tel: +61 8 9322 1182

Fax: +61 8 9321 0556

24 January 2014

Company Announcements Office

ASX Limited

Via Electronic Lodgement

Dear Sirs

The Company wishes to advise that it has received a Form 603 Notice of initial substantial holder from Melaid Holding Inc, a copy of which is attached.

Yours faithfully

Jason Carone

603 page 1/2 15 July 2001

Corporations Act 2001

Section 671B

ToCompany Name/Scheme Reed Resources Ltd

ACN/ARSN

1. Details of substantial holder (1)

Na me Melaid Holding lnc

ACN/ARSN (if applicable) N/A

The holder became a substantial holder on

10 /01 /2014

2. Details of voting power

The total number of votes attached to ali 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 on the date the substantial holder became a substantial holder are as follows:

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

4. Details of present registered holders

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

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant Date of acquisition

Consideration (9) Class and number of

interest securities

Cash Non-cash

Melaid Holding lnc 02.10.2013-10.01.20

14

AUD ordinary fully paid shares

683,756.20 (Annexure A)

603 a e 2/2 15 Jul 2001

6. Associates
The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

7. Addresses
The addresses of persons named in this form are as follows:

print name

(I) lf there are a number of substantial holders with similar or related 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. lf the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly se!out in paragraph 7 of the form.
(2) See the definition of "associate" in section 9 of the Corporations Act 2001.
(3) See the definition of "relevant interest" in sections 608 and 6718(7) of the Corporations Act 2001. (4) The voting shares of a company constitute one class unless divided into separate classes.
(5) The total number of votes attached to ali the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a relevant interest in.
(6) The person's votes divided by the total votes in the body corporale or scheme multiplied by 100. (7) Include details of:
(a) any relevant agreement or other circumstances by which the relevan!interest was acquired. lf subsection 6718(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contrae!, scheme or arrangement, must accompany this form, together with a written statement certifying this contrae!, scheme or arrangement; and
(b) 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 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.
(8) lf the substantial holder is unable to determine the identity of the person (eg. lf the relevant interest arises because of an option) write "unknown". (9) Details of the consideration must include any andali benefits, money and other, that any person from whom a relevant interest was acquired has, or
may, become 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 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 no!paid directly to the person from whom the relevant interest was acquired.

Annexure A

Totalconsideration $683,756.20 1.7329

0.043323 average price

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