IGO LIMITED — Major Shareholding Notification 2012

Aug 9, 2012

Form 605 Corporations Act 2001 Section 671B

Notice of Ceasing to be a Substantial Holder

To: Independence Group NL ACN/ARSN:

1. Details of substantial holder (s)

Name: FMR LLC and FIL ACN/ARSN (if applicable)

There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated

08 August 2012 22 February 2012 22 February 2012

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

			Consideratio n given in relation to change (7	Class & No. of securities affected	Person's votes affected
Date of Change	Person whose relevant interest changed	Natur e of chang e(6)	AUD \$	Common stock	Common stock
21 February 2012	FMR LLC & FIL	BUY	4.35	10,630	10,630
21 February 2012	FMR LLC & FIL	BUY	4.35	86,817	86,817
21 February 2012	FMR LLC & FIL	BUY	4.35	7,348	7,348
21 February 2012	FMR LLC & FIL	BUY	4.35	7,754	7,754
21 February 2012	FMR LLC & FIL	BUY	4.35	9,679	9,679
22 February 2012	FMR LLC & FIL	BUY	4.40	15,927	15,927
22 February 2012	FMR LLC & FIL	BUY	4.40	130,247	130,247
22 February 2012	FMR LLC & FIL	BUY	4.40	11,030	11,030
22 February 2012	FMR LLC & FIL	BUY	4.40	11,625	11,625
22 February 2012	FMR LLC & FIL	BUY	4.40	14,515	14,515
19 April 2012	FMR LLC & FIL	BUY	4.33	65,676	65,676
19 April 2012	FMR LLC & FIL	BUY	4.33	70,179	70,179
20 April 2012	FMR LLC & FIL	BUY	4.38	132,777	132,777
20 April 2012	FMR LLC & FIL	BUY	4.38	141,779	141,779
23 April 2012	FMR LLC & FIL	BUY	4.35	26,959	26,959
23 April 2012	FMR LLC & FIL	BUY	4.35	29,044	29,044
3 May 2012	FMR LLC & FIL	SELL	4.16	47,469	47,469
4 May 2012	FMR LLC & FIL	SELL	4.16	68,340	68,340
9 May 2012	FMR LLC & FIL	SELL	3.77	289,728	289,728
9 May 2012	FMR LLC & FIL	SELL	3.76	780,280	780,280

9 May 2012	FMR LLC & FIL	SELL	3.77	48,428	48,428
9 May 2012	FMR LLC & FIL	SELL	3.76	99,813	99,813
9 May 2012	FMR LLC & FIL	SELL	3.77	31,258	31,258
9 May 2012	FMR LLC & FIL	SELL	3.76	39,907	39,907
10 May 2012	FMR LLC & FIL	SELL	3.81	34,332	34,332
10 May 2012	FMR LLC & FIL	SELL	3.80	211,317	211,317
11 May 2012	FMR LLC & FIL	SELL	3.82	5,002	5,002
11 May 2012	FMR LLC & FIL	SELL	3.81	523,187	523,187
14 May 2012	FMR LLC & FIL	SELL	3.79	20,000	20,000
31 May 2012	FMR LLC & FIL	SELL	3.54	11,032	11,032
4 June 2012	FMR LLC & FIL	SELL	3.28	389,832	389,832
4 June 2012	FMR LLC & FIL	SELL	3.28	4,610	4,610
4 June 2012	FMR LLC & FIL	SELL	3.28	53,400	53,400
12 June 2012	FMR LLC & FIL	BUY	3.64	51,607	51,607
26 June 2012	FMR LLC & FIL	SELL	3.28	17,589	17,589
27 June 2012	FMR LLC & FIL	SELL	3.18	10,657	10,657
2 July 2012	FMR LLC & FIL	BUY	3.53	13,299	13,299
				MARKET SELL	2,686,181
				MARKET BUY	836,892
				OFF MARKET
				BUY	1,361,897

3. Resulting interest

Class of Securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary shares	11,612,090	11,612,090	4.99%

4. 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 company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
FMR LLC	No Change
FIL ------	No change ______

5. Addresses

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

Name	Address
FMR LLC	82 Devonshire Street, Boston, MA 02109
l Fil	Pembroke Hall, 42 Crow Lane, Pembroke, Bermuda

Sign Here $+$ Algor $\mathbb{C}^{21}$

Dated 10 August 2012 Philip Alexander

Assistant Manager, Regulatory Reporting

Duly authorized under Powers of Attorney dated 11 May 2012 by Scott Goebel by and on behalf of FMR LLC, and their respective direct and indirect subsidiaries.

Duly authorized under Powers of Attorney dated 07 May 2012 by Matthew Heath by and on behalf of FIL Limited and their respective direct and indirect subsidiaries

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