IGO LIMITED — Major Shareholding Notification 2013

Aug 11, 2013

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	INDEPENDENCE GROUP NL
ACN/ARSN
1. Details of substantial holder(1)
Name ACN/ARSN (if applicable)	PARADICE INVESTMENT MANAGEMENT PTY LTD ABN 64 090 148 619
The holder ceased to be a	the contract of the contract of the contract of the contract of the contract of

substantial holder on	08 08 13
The previous notice was given to the company on	13,06,13
The previous notice was dated	11/06/13

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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:

Date of change	Person whose relevant interest changed	Nature of change $(4)$	Consideration given in relation to change(5)	Class (6) and number of securities affected	Person's votes affected
	SEE ATTACHED ANNEXURE 1

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) 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

4. Addresses

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

Name	Address
Paradice Investment Management	L12, 139 Macquarie Street, SYDNEY, NSW 2000
Ptv Ltd

Signature

	print name TONY HAMMOND	capacity COMPANY SECRETARY
sign here		12/08 /2013 date

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ANNEXURE 1

STOCK: INDEPENDENCE GROUP NL

DETAILS OF RELEVANT INTERESTS

			Consideration given in	Class and number of securities affected	Person's votes
Date of change	Person whose relevant interest changed	Nature of change	relation to change	FPO	affected
$12 - Jun - 13$	Paradice Investement Management Pty Ltd	Share Purchase	828932.65	255032	255,032
$3 - Jun - 13$	Paradice Investement Management Pty Ltd	Share Purchase	83211.56	26594	26,594
$4$ -Jun-13	Paradice Investement Management Pty Ltd	Share Purchase	56962.2	18374	18,374
$8 -$ Jun-13	Paradice Investement Management Pty Ltd	Share Sale	26226.45	8746	8,746
$1 - Aug - 13$	Paradice Investement Management Pty Ltd	Share Sale	303.47	92	92
8-Aug-13	Paradice Investement Management Pty Ltd	Share Sale	3571997.81	1057361	1,057,361
		Total Purchases	969,106.41	300,000	300,000
		Total Sales	3,598,527.73	1,066,199	1,066,199
		Total	$-52,629,421.32$	-766,199	-766,199

This is annexure $\log$ 1 pages referred to in form 605 Notice of Ceasing to be a Substantial Holder

COMPANY SECRETARY $\frac{12/08/2013}{\text{DATE}}$ TONY HAMMOND A