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Discovery Metals Limited (DME)

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Tuesday 30 August, 2011

Discovery Metals Limited

Holding(s) in Company


                            Discovery Metals Limited

                              Holdings in Company

                                 30 August 2011

Pursuant  to AIM Rule  17, Discovery Metals Limited  (the 'Company') advises the
following changes in relation to significant shareholdings:

 a. On 29 August 2011, Citigroup Global Markets Australia Pty Limited
    (Citigroup) advised that on 25 August 2011 it had ceased to be a substantial
    holder in the Company. Citigroup had previously held 29,850,700 Ordinary
    Shares (representing 6.848% of the issued share capital of the Company).

Its holding has now fallen below a voting power of 5%.

The Company has a total of 437,114,481 Ordinary Shares in issue.

For further information contact:

Discovery Metals Limited

Brad Sampson

Managing Director

Tel: +617 3218 0200

Fairfax I.S. PLC

Ewan Leggat / Laura Littley

Tel: +44 (0)20 7598 5368


Jos Simson/Emily Fenton

Tel: +44 (0) 207 9203150

Mobile: +44 (0)7899 870 450

Further information on the Company is available on its website:

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Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
Source: Discovery Metals Limited via Thomson Reuters ONE