Significant Shareholder Notice

ASX, AIM and Media Release 9 July 2014 BASE RESOURCES LIMITED SIGNIFICANT SHAREHOLDER NOTICE Base Resources Limited (ASX:BSE, AIM:BSE) ("Base" or the "Company") is pleasedto advise that Genesis Asset Managers LLP has today notified the Company thatit became a substantial shareholder on 23 September 2013 and currently holdsinterests in 28,121,727 ordinary shares in Base representing 5.01% of theCompany's issued share capital. The total holding above is an aggregate of related party interests held byGenesis Emerging Markets Opportunities Fund Limited (17,048,839) and GenesisEmerging Markets Opportunities Fund Limited III (11,072,888). The registeredholder of the securities is HSBC Custody Nominees (Aust) Limited. A full PDF version of the announcement lodged by Genesis Asset Managers LLP isavailable at the Company's website: www.baseresources.com.au For further enquiries contact: Winton 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 (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: (08) 9413 7400West Perth WA 6005 Fax: (08) 9322 8912