GRANGE RESOURCES LIMITED. — Major Shareholding Notification 2012

Mar 14, 2012

FORM 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Grange Resources Limited
ACN/ARSN 009 132 405
1. Details of substantial holder (1)
Name		Pacific International Co. Pty Ltd (PI) and each of the entities and persons set out in Annexure A (Associates)
ACN/ARSN (if applicable) 133 363 265
There was a change in the interests of the substantial holder on		5/03/2012
The previous notice was given to company on		23/09/2009
The previous notice was dated		23/09/2009

$2₁$ Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now r

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. ---------------------------------------	; votes ---------------------------------------	ה ו 'otinc …owe∽ -------------------	≅votes	----------------- nnwer otir œ _
)rdinan . ________	no s ______ ______	12% $\sim$ $\sim$ _________	$\sim$ 7۵ ______ ___	_________ 3.05% £С .
--------------------------------------- --------------------------------------		---------------------------------------		-----------------

Changes in relevant interests 3.

Dreamingly in Euclidations interests.
Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in the voting securities of the company or scheme, since
the su

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
From September 17 2010 through to 5 March	PI and Associates	On market purchase of 2,218,881 ordinary shares by RGL	A\$1,199,913.48	ORD 11,556,268	11,556.268
2012		On market sale of 13,775,149 ordinary shares by RGL	A\$9,870,304.94

$\boldsymbol{4}$ . Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
PI and Associates	RGL Holdings Ltd	RGL Holdings Ltd	Relevant interests under sub section 608(1) of the Corporations Act 2001 (Cwth)	ORD 132,092.015	132.092.015
Pland Associates	Shagang International Holdinas Ltd	Shagang International Holdings Ltd	Relevant interests under sub section 608(1) of the Corporations Act 2001 (Cwth)	ORD 232,575.639	232.575.639
PI and Associates	Shagang International (Australia) Pty Ltd	Shagang International (Australia) Pty Ltd	Relevant interests under sub section 608(1) of the Corporations Act 2001	ORD 305,375.639	305.375.639

Pl and Associates	Pacific International Co Plv Lid	Pacific International Co. Pty Ltd	/Cwth Relevant interests under sub section 608(1) of the Corporations Act 2001 (Cv4h)	ORD 90.385.520	90.385.520
Pl and Associates	Ever Lucky Developments Limited	Ever Lucky Developments Limited	Relevant interests under sub section 608(1) of the Corporations Act 2001 (Cwth)	ORD 2.031.280	2.031.280

$\sim$

1. Changes in association
   The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting
   Interests in the c

سيسيبو _________ Namu anc $\mathbf{a}$ JW. יי . . Proposition	________ Nature of . чин., . --------------------------------------	-----------
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1. Associates
   The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN	Nature of association
ªl a∩d Associates	Shagang, RGL Holdings Co. Ltd and Pacific International Co Pty Ltd may in certain circumstances act jointly in respect of their investment where their interests are alloned, which means that they are deemed to be Associates under section 12(2) of the Comprations Act.

1. Addresses
   The addresses of persons named in this form are as follows:

$\mathcal{A}^{\mathcal{A}}$ , where $\mathcal{A}^{\mathcal{A}}$ and $\mathcal{A}^{\mathcal{A}}$

Name	Address
Pacific International Co Pty Ltd	c/o PriceWaterhouseCoopers Mr. Bruce Ellis, 2 Southbank Boulevard, Southbank VIC
	3006. Australia
RGL Holdings Ltd	23/F, New Poly Plaza, No. 1 North Chaoyangmen Street, Dongcheng District, Beijing,
	People's Republic of China
Shagang	Jinfeng Town, Zhangjiagang City, Jiangsu Province in the People's Republic of China
	(Post code 215526)

Signature

print name	Ko Cheung Clement	Director capacity
sign here	۱ł	date $M \alpha t' 1 4^{12012}$

Annexure A

Pacific International Co. Pty Ltd

This is Annexure A of 3 pages referred to in Form 604 " Notice of Change of Interests in Substantial Holder" signed by me and dated

Associates of Pacific International Co Pty Ltd Acefair Pacific Limited Eastchoice Pacific Limited Fastiane Limousine Co. Limited Mainway Resources Limited Mineral Power Limited Pacific International Business Limited Pacific International Co. Pty Ltd Pacific Minerals Investment Limited Pacific Minerals Overseas Limited Pacific Shipping Limited Suzhou Metallurgical Resources (Hong Kong) Company Limited Mr Cheung (Clement) Ko

Associates of RGL Holdings Co. Ltd.
Alasan Meng Huaxi Trading Co., Ltd.	RGL International Co., Ltd
Alasan Meng Jinganglian Co., Ltd.	Shanghai Jingxi Industry Co., Ltd.
Alasan Meng RGL Industry Development Co., Ltd.	Shanghai Ruixilian Industry Co., Ltd.
Beijing RGL Science Development Co., Ltd.	Shanghai Ruixilian Trading Co., Ltd.
Fujian RGL Trading Co., Ltd.	Shanghai Ruiyelian Industry Co., Ltd.
Fuzhou RL Steel Co., Ltd.	Shenzhen RGL Industry Co., Ltd.
Fuzhou RL Trading Co., Ltd.	Wuhan RGL Industry and Trade Co., Ltd.
Jiaozuo Ruiwang Industry Co., Ltd.	Yiyang Yifeng Road and Bridge Development Co., Ltd.
RGL Group Co., Ltd.	Shanghai Huaxi Industry Co., Ltd.
Mr Zhenhua You	Beijing RGL Metal Co., Ltd.

Associates of Shagang International Holdings Ltd.
Evergain International Corporation	Zhangjiagang City Shagang Copper Co., Ltd
Ever Lucky Development Limited	Zhangjiagang City Yong'an Steel Co., Ltd
Fayuan Steel Burden Trade Co., Ltd	Zhangjiagang East Gas-making Corporation
Hade Union (Zhangjiagang City) Petrochemical Industry Co., Ltd	Zhangjiagang Haili-wharf Co., Ltd
Hongrun Real Estate Development Co., Ltd.	Zhangjiagang Hengchang Neotype Tignum Co., Ltd
Iron-making of Jiangsu Shagang Group Co., Ltd	Zhangjiagang Hengchang Precision milling Co., Ltd
Jiangsu Runzhong High-tech Corporation	Zhangjiagang Hengle Neotype Tignum Co., Ltd
Jiangsu Shagang Group Co., Ltd	Zhangjiagang Hongchang Gas-making Co., Ltd
Jiangsu Shagang Group Huaigang Special Steel Co., Ltd	Zhangjiagang Hongchang High-speed Wire Co., Ltd
Jiangsu Shagang Group Xinrui Special Steel Co., Ltd	Zhangjiagang Hongchang Pelletzing Co., Ltd
Jiangsu Shagang Group Zhangjiagang Kaihua Press Co., Ltd	Zhangjiagang Hongchang Ship-tearing Co., Ltd
Jiangsu Shagang International Trade Co., Ltd	Zhangjiagang Hongchang Steel-bar Co., Ltd
Jiangsu Yong Steel Group Co., Ltd	Zhangjiagang Hongchang Steel-plate Co., Ltd
Jiangyin City Runde Assets Co., Ltd	Zhangjiagang Hongfa Steel-making Co., Ltd
Jinde Trade Co., Ltd	Zhangjiagang Hongxing High-speed Wire Co., Ltd
Qianyuan Metal Trade Co., Ltd	Zhangjiagang Huasha Auto-development Co., Ltd
Rongde Trade Co., Ltd	Zhangjiagang Huasheng Iron-making Co., Ltd
Runyuan Stainless Steel Co., Ltd	Zhangjiagang Jingde Steel-plate Co., Ltd
Shagang (Singapore) Pte Ltd	Zhangjiagang Posco Stainless Steel Co., Ltd
Shagang Group Living-service Co., Ltd	Zhangjiagang Pusha-wharf Co., Ltd
Shagang International (Hong Kong) Co. Ltd.	Zhangjiagang Rongde Stainless-steel Product Co., Ltd
Shagang International Holdings Ltd.	Zhangjiagang Rongsheng Steel-making Co., Ltd
	Zhangjiagang Runzhong Steel Co., Ltd
Shagang International (Australia) Pty Ltd
Shagang Occupation-service & Human resource Development Co., Ltd	Zhangjiagang Sanhe-Shagang High- temperature Technology Co., Ltd
	Zhangjiagang Shagang Tongxin Galvanized - steel Co., Ltd

Associates of Shagang International Holdings Ltd.
Shagang SouthAsia (Hong Kong) Trading Co., Ltd	Zhangjiagang Shajing Steel Co., Ltd
Shajing International Trade Co., Ltd	Zhangjiagang Shajing Wide & heavy Plate Co., Ltd
Mr Wenrong Shen	Zhangjiagang Shatai Steel Co., Ltd
Zhangjiagang City Hongda Transportion Co., Ltd.	Zhangjiagang Xiaosha Steel Processing Co., Ltd
Zhangjiagang City Huadong Scrap steel Trade Co., Ltd	Zhangjiagang Xingrong Coated Board Co., Ltd
Zhangjiagang City Pharmaceutical Factory	Zhangjiagang Xingrong Iron-making Co., Ltd
Zhangjiagang City Scrap Steel Processing & Supplying Company	Zhangjiagang Yongxin Steel Co., Ltd