ASX RELEASE

29th May 2013
Dear Shareholder

Non-Renounceable Rights Issue Offer - overseas shareholders

Please find enclosed an Information Booklet relating to King Island Scheelite Limited (KIS), for a 2 for 5 non-renounceable rights offer (Offer).
This document is provided for your information only.
Shareholders registered as holders of shares at the record date, on Friday 7th June 2013, with a registered address outside Australia, New Zealand and the Channel Islands (Ineligible Shareholders) may not participate in the Offer.
KIS considers it unreasonable on this occasion to extend the Offer to Ineligible Shareholders having regard to the costs of complying with legal and regulatory requirements in each of those jurisdictions.
Thank you for your continued support of KIS and I trust you understand the company's position in this matter.
Yours sincerely

Johann Jacobs
Chairman
For further information please call: Simon Bird
Chief Executive Officer
King Island Scheelite Limited
(02) 8622 1400

King Island Scheelite Limited ABN 40 004 681 734 Suite 26.01, Level 26 259 George Street Sydney NSW 2000 GPO Box 5154 Sydney NSW 2001 Telephone (02) 8622 1400 Facsimile (02) 8622 1401 www.kingislandscheelite.com.au
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