BOARD ADDITION

ASX Announcement - 26 October 2017

Spectrum Rare Earths Limited (SPX or Company) advises that Mr Nader El Sayed has agreed to join the Board of Directors as a as a Non-executive Director.

Mr El Sayed holds a Bachelor of Commerce (Banking & Finance), Masters (Accounting) and has completed the Australian Institute of Chartered Accountants program. He is currently the Chief Executive Officer of Multiplant Holdings, a mining and civil services business based in Western Australia and is a Non-executive director of Hammer Metals Limited. His previous roles include holding a senior management position with KPMG providing assurance, capital markets and other advisory services to key Australian and international resource companies. Nader brings a wealth of risk management, corporate governance, strategic and financial experience to the Board.

The Company's Chairman, Mr Alex Hewlett, stated that "The Company is pleased that Nader has agreed to join the Board to assist with its focus on its Whaleshark Project, east of Onslow in Western Australia and with its review of other mineral exploration opportunities."

An Appendix 3x is attached for immediate release.

END

For further information please contact: MR ALEX HEWLETT

NON-EXECUTIVE CHAIRMAN

info@spectrumrareearths.com.au

Suite 1/827 Beaufort Street, Mt Lawley WA 6052

ABN: 94 115 770 226 | info@spectrumrareearths.com.au | www.spectrumrareearths.com.au

Appendix 3X Initial Director's Interest Notice Appendix 3X Initial Director's Interest Notice

Rule 3.19A.1

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity SPECTRUM RARE EARTHS LIMITED

ABN 94 115 770 226

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director

Nader El Sayed

Date of appointment

25 October 2017

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

NIL

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3X Page 1

Appendix 3X Initial Director's Interest Notice Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Note: Provide details of the circumstances giving rise to

the relevant interest.

Number & class of Securities

Nil

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract

N/A

Nature of interest

Name of registered holder (if issued securities)

No. and class of securities to which interest relates

+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002

Spectrum Rare Earths Limited published this content on 26 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 October 2017 03:08:02 UTC.

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