Disposal

 
TIDMEML 
 
For Immediate Release: 9 July 2010 
 
                            EMERGING METALS LIMITED 
 
                           ("EML" or the "Company") 
 
                                   Disposal 
 
The Company is pleased to announce that it has entered into an agreement to 
dispose of its entire holding of 368,721 shares in Extract Resources Limited 
("EXT Shares") to Nippon Uranium Resources (Australia) Proprietary Limited at a 
price of A$7.00 in cash per EXT Share. The gross proceeds of the sale will be 
A$2,581,047, approximately GBP1.48 million, which will be available for EML to 
apply in accordance with its investing policy approved by shareholders on 16 
April. The sale is conditional on certain Australian regulatory approvals and 
completion is expected to be no later than 17 August 2010. 
 
Extract Resources Limited ("EXT") is an ASX listed uranium exploration and 
development company with significant uranium assets in Namibia, namely the 
Husab uranium project comprising the Rossing South, Ida Dome and Hildenhof 
deposits and the EXT Shares represent approximately 0.15 per cent. of EXT's 
issued share capital. 
 
ENQUIRIES: 
 
Emerging Metals    Religare Capital    Fox-Davies Capital GTH Communications 
Limited            Markets                                Limited 
                                       Daniel Fox-Davies 
Denham Eke         Peter                                  Toby Hall 
                   Trevelyan-Clark     [phone] 
+44 (0) 1624                           5200               Christian Pickel 
639396             Emily Staples 
                                                          [phone] 
                   [phone] 
 
 
 
END