IGO LIMITED — Director's Dealing 2010

Jul 5, 2010

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity Independence Group NL ABN 46 092 786 304

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Christopher Bonwick
Date of last notice	4 May 2009

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Direct or indirect interest	Direct or indirect interest	Direct Indirect	Direct Indirect	Direct Indirect	Direct Indirect
Nature of(includinVirtual GCorporatioAs Trustee	indirect interestg registered holder)		500,000	- unlisted $4.4	4 optionseses
			- 2,00	0,000 ordinary shar
	enius Pty Ltd (relevant interest under s608(1)(b) of thens Act 2001)	1	003,506	- ordinary shar
	for the Bonwick Super Fund A/c
Date of c	hange	1 J	l 2010
			y
No. of se	curities held rior to chane	500	000 $444 litd	ti d 3003	506 ordinary
	p g	sha	, . unseres.	opons an ,,
Class
		ord	nary shares
Number					res
	acquired		-	2,858 ordinary sha
Number	disposed	72,	858	- ordinary sha	res
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation		($340,975) $340,975 nil net consideration

• See chapter 19 for defined terms.

Appendix 3Y Page 1

11/3/2002

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after change	500,000 $4.44 unlisted options and 3,003,506 ordinaryshares.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of securitiesunder dividend reinvestment plan, participation in buy-back	Off-market transfer of shares from personal holdings tosuperannuation fund.

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	n/a
Nature of interest	n/a
Name of registered holder(if issued securities)	n/a
Date of change	n/a
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide details andan estimated valuation	n/a
Interest after change	n/a

6[th] July 2010 ___________________________ _______________ C M Bonwick Date Managing Director

• See chapter 19 for defined terms.

Appendix 3Y Page 2

11/3/2002