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Share Issue/Capital Change Dec 7, 2011

3549_rns_2011-12-07_88fd616e-d3f3-4efb-9f39-87236d8ab9d4.pdf

Share Issue/Capital Change

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7th December, 2011

IGE: Reminder of IGE Resources AB's reversed share split 1:80

Reference is made to announcement from the company 30th of November 2011

The shares in IGE Resources will be traded ex reversed split as from tomorrow, 8th of December 2011. 80 old shares give 1 new share.

ISIN code and order book ID is unchanged.

The shares in IGE will be traded with a new par value after the 1:80 reversed split of the share from tomorrow, December 8th, 2011.

New par value: SEK 0.25

For additional information, please contact:

Thomas Carlsson CFO and acting CEO, IGE Resources AB Tel: +46 8 402 28 05 / +46 70 552 26 22 E-mail: [email protected]

IGE Resources AB (publ) is a Scandinavian asset management and development company within natural resources. IGE's portfolio currently consists of several diamond exploration and production assets in Southern Africa and Nickel Mountain Resources AB (publ) owning Scandinavia's largest nickel deposit. IGE is headquartered in Stockholm and its shares are listed on the Oslo Stock Exchange (ticker: IGE). Please refer to www.ige.se for more detailed information.

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