IGO LIMITED — Director's Dealing 2016

Nov 24, 2016

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 30/09/01 Amended 01/01/11

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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	PETER BRADFORD
Date of last notice	29 August 2016

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.	Mr Bradford’s spouse is a joint owner of thesesecurities
Date of change	25 November 2016
No. of securities held prior to changeMr Peter Bradford & Mrs Vicki Bradford<Goldkidz Superfund A/C>Mr Peter John Luckhurst Bradford	586,000 ordinary shares fully paid13,680 ordinary shares fully paid392,756 Performance Rights that, subject toperformance hurdles being achieved, mayconvert into ordinaryshares fully paid
Class	Performance Rights
Number acquired	135,000 Performance Rights that, subject toperformance hurdles being achieved, mayconvert into ordinaryshares fully paid.
Number disposed	-
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	Nil

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

No. of securities held after changeMr Peter Bradford & Mrs Vicki Bradford<Goldkidz Superfund A/C>Mr Peter John Luckhurst Bradford	No. of securities held after changeMr Peter Bradford & Mrs Vicki Bradford<Goldkidz Superfund A/C>Mr Peter John Luckhurst Bradford	No. of securities held after changeMr Peter Bradford & Mrs Vicki Bradford<Goldkidz Superfund A/C>Mr Peter John Luckhurst Bradford	No. of securities held after changeMr Peter Bradford & Mrs Vicki Bradford<Goldkidz Superfund A/C>Mr Peter John Luckhurst Bradford	586,000 ordinary shares fully paid	586,000 ordinary shares fully paid	586,000 ordinary shares fully paid	586,000 ordinary shares fully paid	586,000 ordinary shares fully paid
	r Peter John Luckhurst Bradford
			khurst Bradford	13,680 ordinary		shares fully paid
				527,756 Performance Rights that, subject to
				performance hurdles being achieved, may
				convert in	to ordinary shares fully paid
NEop	ature of chanxample: on-marketptions, issue of secuarticipation in buy-b	getrade, off-market trade, exercise of		Allocatioaroved	n under Employee Incentive Planb Shareholders at the 2016 Annual
		rities under dividend reinvestment plan,ack		ppGeneral M	yeeting on 18 November 2016

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 inrelation to which the interest has changed	n/a
Interest acquired	n/a
Interest disposed	n/a
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	n/a
Interest after change	n/a

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade n/a to proceed during this period? If prior written clearance was provided, on what date was this n/a provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011