Change In Significant Shareholding

AIM Release 4 September 2014 CHANGE IN SIGNIFICANT SHAREHOLDING Base Resources Limited (ASX & AIM: BSE) ("Base") wishes to advise thatsignificant shareholder Westpac Banking Corporation (and its associatedcompanies including BT Investment Management Limited) today lodged a notice ofceasing to be a substantial shareholder on the ASX, noting that theirshareholding in Base had fallen below 5% on 2 September 2014. Based on the announcements made to the ASX today and the previous notice ofchange of interests of substantial shareholder announcements made to the ASX on10 December 2013, as far as Base is aware, Westpac Banking Corporation (and itsassociated companies including BT Investment Management Limited) currentlyholds 27,159,713 shares in Base, representing 4.83% of the issued shares of theCompany. Full details can be found on the notices which were lodged on the ASX today andwhich can be found at www.asx.com.au. ENDS For further enquiries contact: Base Resources LimitedWinton WilleseeCompany SecretaryEmail: [email protected]: +61 (0)8 9413 7400 RFC Ambrian Limited (Nominated Adviser and Broker)As Nominated Adviser As BrokerAndrew Thomson or Trinity McIntyre Jonathan WilliamsPhone: +61 (0)8 9480 2500 Phone: +44 20 3440 6800 Corporate Details: Board of Directors:Andrew King Non-Executive ChairmanTim Carstens Managing DirectorColin Bwye Executive DirectorSam Willis Non-Executive DirectorMichael Anderson Non-Executive DirectorTrevor Schultz Non-Executive DirectorMalcolm Macpherson Non-Executive DirectorWinton Willesee Company Secretary Principal & Registered Office: Contacts:Level 1 Email: [email protected] Kings Park Road Phone: +61 (0)8 9413 7400West Perth Fax: +61 (0)8 9322 8912WA 6005