IGO LIMITED — Share Issue/Capital Change 2013

Sep 4, 2013

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities and agreement

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 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Independence Group NL

ABN

46 092 786 304

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1+Class of+securities issued or tobe issued2Number of+securities issued orto be issued (if known) ormaximum number which maybe issued3Principaltermsofthe+securities(e.g.ifoptions,exercise price and expiry date; ifpartlypaid+securities,theamount outstanding and duedatesforpayment;if+convertiblesecurities,theconversion price and dates forconversion)	Fully Paid Ordinary Shares
	2,044
	Fully Paid Ordinary Shares

• See chapter 19 for defined terms.

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4 Do the[+] securities rank equally Yes. in all respects from the[+] issue date with an existing[+] class of quoted[+] securities? If the additional[+] securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

5 Issue price or consideration

$3.72 per Ordinary Share

6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)

The Ordinary Shares have been issued upon vesting of the Performance Rights issued under the Independence Group NL Employee Performance Rights Plan as approved by shareholders at the 2011 Annual General Meeting (AGM).

These Ordinary Shares issued are in relation to the July 2011 Performance Rights where employees have met their performance hurdles.

6a Is the entity an[+] eligible entity No that has obtained security holder approval under rule 7.1A?

If Yes, complete sections 6b – 6h in relation to the[+] securities the subject of this Appendix 3B , and comply with section 6i

6b The date the security holder N/A resolution under rule 7.1A was passed 6c Number of[+] securities issued N/A without security holder approval under rule 7.1

	6dNumber of+securities issuedwith securit holder aroval	6dNumber of+securities issuedwith securit holder aroval	N/A
	yunder rule 7.1A	pp
	6eNumber of+securiti	es issued	N/A
	with security holderd l	approvalth
	uner rue 7.3, orspecific security holder	anoerapproval
	(specify date of meetin	g)
	6fNumber of+securiti	s issued
			N/A
	under an exception in	rule 7.2
	6gIf+securities issued u	nder rulel	N/A
	7.1A, was issue price75%of15day V	at eastWAP as
	calculated under rul	e 7.1A.3?
	Include the+issue datel ld h	and bothf
	vaues. Incue tethe VWAP calculation.	source o
	6hIf+securities were issu	ed under	N/A
	rule7.1Aforconsideration state	non-cashdate on
	,whichvaluation	of
	consideration was re	leased to
	ASX Market Announce	ments
	6iCalculate the entity’s r	emaining
			N/A
	issue capacity under ru	le 7.1 and
	rule 7.1A – complete A	nnexure 1
	and release to ASXAnnouncements	Market
	7+Issue dates		5 September 2013
	Note: The issue date may be presf h df f	cribed by ASXd l
	(reer to te einition o issue19.12). For example, the issue d	ate in rueate for a pro
	rata entitlement issue must coapplicable timetable in Appendix	mply with the7A.
	Cross reference: item 33 of Appen	dix 3B.
				+
	8Numberand+class	ofall	Number	Class
				Fll Pid Odi
	+securitiesquoted	onASX	233,323,905	uy a rnaryShares
	(_including_the+secu	rities in
	section 2 if applicable)

• See chapter 19 for defined terms.

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9Numberand+classofall+securities not quoted on ASX(_including_the+securities insection 2 if applicable)	Number	+Class
	2,218,432585,522	Performance Rightsvesting not earlierthan 1 July 2014*.Performance Rightsvesting not earlierthan 1 July 2015*.

• Subject to earlier vesting exceptions set out in the Explanatory Memorandum.

• 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

• Rank equally with existing Fully Paid Ordinary Shares.

Part 2 - Pro rata issue – N/A

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of[+] securities ( tick one )

• (a) +Securities described in Part 1

• (b)[All other ][+][securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a) – N/A

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX.

  • The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

  • There is no reason why those[+] securities should not be granted +quotation.

• An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

• If we are a trust, we warrant that no person has the right to return the[+] securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

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Date: 5 Sept 2013

( Director/ Company secretary) Tony Walsh == == == == ==

• See chapter 19 for defined terms.

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