IGO LIMITED — Share Issue/Capital Change 2011

May 1, 2011

==> picture [308 x 86] intentionally omitted <==

2 May 2011

The Manager Company Announcements Office ASX Limited

Dear Sir

Notice under section 708A(5)(e) of the Corporations Act

On 21 April 2011, Independence Group NL (ACN 092 786 304) ( Company ) issued 711,440 shares in the Company to former holders of options in Jabiru Metals Limited (ACN 060 620 751).

The Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Act ) that:

• 1 the Company issued 711,440 fully paid ordinary shares ( Shares );

• 2 the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• 3 as at the date of this notice, the Company has complied with:

  • the provisions of Chapter 2M of the Act as they apply to the Company; and

  • section 674 of the Act as it applies to the Company; and

• 4 as at the date of this notice, there is no ‘excluded information’ within the meaning of subsections 708A(7) and (8) of the Act.

Yours faithfully Independence Group NL

==> picture [88 x 36] intentionally omitted <==

Christopher Bonwick

Managing Director

==> picture [417 x 20] intentionally omitted <==