Form of Proxy

SOVEREIGN METALS LIMITED

Notes

BD Client Code:

Client Name:

Number of Shares Held in a BD Nominee Company:

No.	Proposition		For	Against	Abstain
1	ISSUE OF PERFORMANCE RIGHTS TO MR BENJAMIN STOIKOVICH
2	ISSUE OF PERFORMANCE RIGHTS TO MR FRANKS EAGAR
3	ISSUE OF PERFORMANCE RIGHTS TO NON-EXECUTIVE DIRECTOR DR JULIAN STEPHENS
4	ISSUE OF PERFORMANCE RIGHTS TO NON-EXECUTIVE DIRECTOR MR MARK PEARCE
5	ISSUE OF PERFORMANCE RIGHTS TO NON-EXECUTIVE DIRECTOR MR NIGEL JONES