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IGO LIMITED Capital/Financing Update 2010

Aug 10, 2010

65111_rns_2010-08-10_2e50c52b-cf6a-43ae-bada-1318b654e74c.pdf

Capital/Financing Update

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11 August 2010

ASX Announcement

TREASURY OPERATIONS UPDATE

Legend Mining Ltd (ASX: LEG) is pleased to announce that it has sold 900,000 Independence Group NL (ASX: IGO) shares on market over the past 6 weeks for $4,850,308. The profit realised on these sales is $3,604,720.

Legend now has 1,000,000 IGO shares, which it currently intends to continue holding.

This will leave Legend’s treasury comprising of the following;

  • $9,585,000 cash

  • $1,389,000 environmental bonds

  • $5,848,000 listed shares at current market prices $16,822,000 Treasury Total

Visit www.legendmining.com.au for further information and announcements.

For more information:

Mr Mark Wilson Managing Director Legend Mining Limited Ph: (08) 9212 0600

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Legend Mining Limited ABN 22 060 966 145 Level 2, 640 Murray Street West Perth Western Australia 6005 P.O. Box 626 West Perth Western Australia 6872

Telephone: +61 8 9212 0600 Facsimile: +61 8 9212 0611 Email: [email protected] Website: www.legendmining.com.au