ILUKA RESOURCES LIMITED — Major Shareholding Notification 2003

Jan 29, 2003

'Mercantile Mutual, member of the ING Group since 1982, has changed its name to ING."

ING Australia Holdings Limited ACN 008 459 596

GPO Box 3938 Sydney 2001 DX 10110 S.S.E.

347 Kent Street Sydney NSW 2000

$\frac{1}{4}$

Telephone (02) 9234 8111 Facsimile (02) 9299 1446

Company	Sydney Stock Exchange
Facsimile Number	1300 3000 21
Attention	Manager Companies
cc:
From	Steve Rouvray
Date	30 January 2003
Number of pages including this page	4
	If all pages are not received please telephone 02 9234 8403
Subject	FORM 605

Dear Sir

Attached please find Form 605 Notice of ceasing to be a Substantial Shareholder in relation to Iluka Resources Limited.

Yours faithfully

S.S. Rouvray Secretary

ING Australia Holdings Limited ACN 008 459 596

GPO Box 3938 Sydney 2001 DX 10110 S.S.E.

347 Kent Street Sydney NSW 2000

$\hat{\mathbf{r}}$

Telephone (02) 9234 8111 Facsimile (02) 9299 1446

30 January 2003

The Secretary Iluka Resources Limited Level 5, 553 Hay Street Perth WA 6000

Fax: 08 9221 7744

Dear Sir

Enclosed please find Form 605 notice of ceasing to be a Substantial Shareholder.

Yours faithfully

S S Rouvray Secretary

605 page 1/2 15 July 2001

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Iluka Resources Limited
ACN/ARSN
1. Details of substantial holder(1)

Name $T_{\text{NLO}}$ $\frac{1}{2}$ and $\frac{1}{2}$ $\overline{a}$ $\mathbf{z}$

$\overline{\phantom{a}}$

Name		ING Australia Holdings Limited
ACN/ARSN (if applicable)	008 459 595
The holder ceased to be a substantial holder on		23 /01 /2003
The previous notice was given to the company on The previous notice was dated		10/10/2002 22/10/2002

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

Date of I 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
	Refer Annexure	C

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 fo

Name and ACN/ARSN (if applicable)	Nature of association

4. Addresses

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

Name	Address
	Level 13 347 Kent Street Sydney NSW

Signature

	print name s s ROUVRAY	Capacity SECRETARY
sign here		30/ 31 /2003 date

$\label{eq:2.1} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{d\mu}{\sqrt{2\pi}}\,d\mu\,d\mu$

$\mathcal{A}^{\pm}$

$\sim$ $\alpha$

$\frac{1}{2}$

$\hat{\mathcal{A}}$

$\sim 10^{-11}$

ANNEXURE "C"
Interest	Holder of Relevant Date of acquisition Sale	Ordinary Shares Purchased (Sold)	Condsideration
INGIM	31/12/2002	159	731
INGIM	30/12/2002	42	192
INGIM	27/12/2002	$\overline{75}$	344
INGIM	24/12/2002	80	367
INGIM	23/12/2002	165	751
INGIM	20/12/2002	43	196
INGIM	18/09/2002	8000	37976
INGIM	5/12/2002	12300	56333
INGIM	17/09/2002	$-13000$	61932
INGIM	2/08/2002	$-1000$	4442
INGIM	13/01/2003	-4500	20937
INGIM	31/12/2002	509	2342
INGIM	30/12/2002	$\overline{133}$	611
INGIM	27/12/2002	239	1097
INGIM	24/12/2002	254	1166
INGIM	23/12/2002	526	2410
INGIM	20/12/2002	139	635
INGIM	28/11/2002	$-7600$	33263
INGIM	23/01/2003	-4589	20335
INGIM	23/01/2003	$-3863$	17098
TNGIM	31/12/2002	731	3364
INGIM	30/12/2002	191	877
INGIM	27/12/2002	343	1574
INGIM	24/12/2002	-367	1685
INGIM	23/12/2002	756	3464
INGIM	20/12/2002	200	914
INGIM	23/01/2003	-480	2127
INGIM	31/12/2002	223	1026
INGIM	30/12/2002	58	266
INGIM	27/12/2002	104	477
INGIM	24/12/2002	$\overline{112}$	514
INGIM	23/12/2002	230	1053
INGIM	20/12/2002	61	278
INGIM	23/01/2003	-480	2127
INGIM	8/01/2003	$-900$	4142
INGIM	31/12/2002	$\overline{127}$	584
INGIM	30/12/2002	$\overline{33}$	151
INGIM	27/12/2002	60	275
INGIM	24/12/2002	64	294
INGIM	23/12/2002	131	600
INGIM	20/12/2002	35	160
INGIM	23/01/2003	$-1720$	7622
INGIM	23/01/2003	$-1449$	6413
INGIM	31/12/2002	191	879
INGIM	30/12/2002	50	229
INGIM	27/12/2002	89	408
INGIM	24/12/2002	96	441
INGIM	23/12/2002	197	902
INGIM	20/12/2002	52	237

$\frac{1}{\sqrt{2}}\sqrt{2\pi}$

$\bar{L}$ , $\bar{L}$

$\overline{\phantom{a}}$

$\mathbf{r}^{(1)}$

$\frac{1}{2}$

$\overline{1}$

$\hat{\boldsymbol{\theta}}$ l,

$\alpha=1$

$\hat{\mathbf{r}}$

$\hat{\mathbf{r}}$ $\frac{1}{3}$ $\mathcal{V}$ $\cdot$

INGIM
INGIM	23/01/2003 31/12/2002	$-720$ 381	3190
INGIM	30/12/2002		1754
INGIM	27/12/2002	100	459
INGIM	24/12/2002	179 191	821
INGIM	23/12/2002	395	$\overline{877}$
INGIM $\cdot$	20/12/2002	104	1809
INGIM	16/12/2002	$-1400$	475 6210
INGIM	23/01/2003	$-9751$	43210
INGIM	23/01/2003	$-8209$	36335
INGIM	31/12/2002	1113	5123
INGIM	30/12/2002	291	1337
INGIM	27/12/2002	522	2396
INGIM	24/12/2002	558	2563
INGIM	23/12/2002	1150	5269
INGIM	20/12/2002	304	1390
INGIM	24/01/2003	$-3000$	13339
INGIM	23/01/2003	$-16920$	74979
INGIM	23/01/2003	$-14245$	63053
INGIM	23/01/2003	$-3011$	13343
INGIM	23/01/2003	$-2535$	11220
INGIM	31/12/2002	858	3949
INGIM	30/12/2002	224	1029
INGIM	27/12/2002	403	1850
INGIM	24/12/2002	431	1979
INGIM	23/12/2002	887	4064
INGIM	20/12/2002	235	1074
INGIM	23/01/2003	-4301	19059
INGIM INGIM	23/01/2003	$-3622$	16028
INGIM	31/12/2002	1221	5620
INGIM	30/12/2002	319	1465
INGIM	27/12/2002 24/12/2002	$\overline{573}$ 613	2630
INGIM	23/12/2002	1263	2815 5787
INGIM	20/12/2002	334	1527
INGIM	19/12/2002	471	2166
INGIM	24/01/2003	$-5000$	22232
INGIM	23/01/2003	$-14482$	64175
INGIM	23/01/2003	$-12193$	53970
INGIM	31/12/2002	6694	32194
INGIM	30/12/2002	1826	8389
INGIM	27/12/2002	3282	15068
INGIM	24/12/2002	3509	16119
INGIM	23/12/2002	7228	33120
INGIM	20/12/2002	1913	8747
INGIM INGIM	19/12/2002	2696	12401
INGIM	15/11/2002 24/01/2003	-225000	1073250
INGIM	23/01/2003	$-2000$	8893
INGIM	23/01/2003	$-34700$	153782
INGIM	31/12/2002	29215 15575	129325 71689
INGIM	30/12/2002	4069	18693
INGIM	27/12/2002	7309	33555
INGIM	24/12/2002	7815	35897
INGIM	23/12/2002	16098	73759
INGIM	20/12/2002	4260	19477

$\tilde{\gamma}$

$\alpha$ , $\beta$ , $\alpha$

$\Delta\sim 1$

$\mathbf{L}$

$\hat{\vec{x}}$

$\ddot{\phantom{0}}$

$\sim$

$\sim$

INGIM	19/12/2002	6003	27612
INGIM	16/01/2003	19107	88713
INGIM	15/01/2003	2893	13463
INGIM	23/01/2003	$-2439$	10808
INGIM	23/01/2003	$-2052$	9082
INGIM	31/12/2002	$\overline{318}$	1463
INGIM	30/12/2002	$\overline{83}$	381
INGIM	27/12/2002	$\overline{149}$	684
INGIM	24/12/2002	159	730
INGIM	23/12/2002	328	1502
INGIM	20/12/2002	88
INGIM	18/12/2002		402
INGIM	23/01/2003	6300 $-3728$	28855
INGIM	23/01/2003	$-3139$	16520 13894
INGIM	31/12/2002	794
INGIM	30/12/2002	203	3654
INGIM	27/12/2002	373	955 1712
INGIM	24/12/2002	399
INGIM	23/12/2002	821	1832 3762
INGIM	20/12/2002	$\overline{217}$
INGIM	23/01/2003	$-6308$	992
INGIM	23/01/2003	$-5313$	27953
INGIM	16/01/2003		2317
INGIM	15/01/2003	4950	22984
INGIM	31/12/2002	750	3490
INGIM	30/12/2002	1496 391	6886
INGIM	27/12/2002	702	1796
INGIM	24/12/2002	751	3223
INGIM	23/12/2002	1547	3449 7088
INGIM	20/12/2002	409
INGIM	19/12/2002	577	1870 2654
INGIM	18/12/2002	2400
INGIM	14/11/2002	9600	11507 45477
INGIM	23/01/2003	$-573$
INGIM	23/01/2003	$-483$	2539
INGIM	31/12/2002	668	2138
INGIM	30/12/2002	174	3074
INGIM	27/12/2002	313	799
INGIM	24/12/2002	335	1436
INGIM	23/12/2002		1538
INGIM	20/12/2002	690 $\overline{183}$	3161
INGIM	23/01/2003	$-7743$	836
INGIM	23/01/2003		34312
INGIM	10/01/2003	$-6519$	28855
INGIM	31/12/2002	-8700	39810
INGIM		1222	5625
INGIM	30/12/2002 27/12/2002	319 573	1465 2630
INGIM	24/12/2002	613	2815
INGIM	23/12/2002	1263
INGIM	20/12/2002	334	5787
INGIM	19/12/2002	471	1527
INGIM	24/01/2003	$-3000$	2166 13339
INGIM	23/01/2003	$-29395$	130261
INGIM	23/01/2003	$-24748$	109543
INGIM	31/12/2002	4612	21230
INGIM	30/12/2002	1205	5536

$\hat{\mathbf{r}}$

$\hat{\theta}$

$\sim 10^{-1}$ and

$\cdot$

$\omega$ . $\bar{\omega}$

$\perp$ . $\perp$

$\omega_{\rm{max}}$

24/12/2002 2314 10630 23/12/2002 4766 21838 20/12/2002 1261 5765 19/12/2002 1776 8169 31/12/2002 1374 6324 30/12/2002 359 1649 27/12/2002 645 2961 INGIM 24/12/2002 690 3169 INGIM 23/12/2002 1420 6506 20/12/2002 376 1719 INGIM 19/12/2002 530 2438 13/12/2002 4800 21473 23/12/2002 $-131604$ 601430 23/01/2003 $-4015$ 17792 23/01/2003 $-3380$ 14961 31/12/2002 922 4244 ING LIFE 30/12/2002 1107 241 27/12/2002 433 1988 24/12/2002 463 2126 ING LIFE 23/12/2002 953 4366 20/12/2002 252 1152 24/01/2003 $-3000$ 13339 23/01/2003 $-15486$ 68625 23/01/2003 $-13038$ 57710 31/12/2002 3482 16028 30/12/2002 909 4176 27/12/2002 1634 7502 24/12/2002 1747 8025 ING LIFE 23/12/2002 3598 16486 20/12/2002 952 4352 ING LIFE 19/12/2002 1342 6173 ING LIFE 24/01/2003 $-21600$ 96046 ING LIFE 23/01/2003 $-99511$ 440976 ING LIFE 23/01/2003 $-83783$ 370852 ÎNG LIFE 31/12/2002 19087 87861 ING LIFE 30/12/2002 4986 22908 ING LIFE 27/12/2002 8957 41124 ING LIFE 24/12/2002 9578 43999 ING LIFE 23/12/2002 19728 90398 ING LIFE 20/12/2002 5221 23872 ING LIFE 19/12/2002 7357 33842 ING LIFE 14/11/2002 68100 322604 ING LIFE 24/01/2003 $-4000$ 17786 ING LIFE 23/01/2003 $-25093$ 111197 ING LIFE 23/01/2003 $-21127$ 93515 ING LIFE 31/12/2002 4153 19117 ING LIFE 30/12/2002 1085 4985 ING LIFE .27/12/2002 1949 8948 سامه ING LIFE 24/12/2002 2084 9573 ING LIFE 23/12/2002 4293 19671 ING LIFE 20/12/2002 1136 5194 ING LIFE 19/12/2002 1601 7364 ING LIFE 20/11/2002 16200 75985 24/01/2003 $-2000$ 8893 15/11/2002 208500	INGIM	27/12/2002	2164	9935
	INGIM
	INGIM
	INGIM
	INGIM
	INGIM
	INGIM
	INGIM
	INGIM
	INGIM
	INGIM
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	ING LIFE
	INGFM
	INGFM			1000175

$\Delta \sim 1$

$\omega = \omega_{\rm eff} = \omega_{\rm c}$ , we can consider

$\sim$ $-$

$\bar{\alpha}$

$\frac{1}{4}$

$\hat{\mathbf{r}}$

$\sim$

$\hat{I}$

$\hat{\mathbf{r}}$

$\sim$ $\sim$

$\bar{1}$

$\mathcal{L}$

INGFM	20/11/2002	-550000	2612500
INGFM	24/01/2003	$-14000$	62252
INGFM	23/01/2003	-41009	181728
INGFM	23/01/2003	$-34527$	152828
INGFM	31/12/2002	21621	99526
INGFM	30/12/2002	5648	25949
INGFM	27/12/2002	10147	46587
INGFM	24/12/2002	10849	49837
INGFM	23/12/2002	22348	102404
INGFM	20/12/2002	5914	27041
INGFM	19/12/2002	8334	38337
INGFM	15/11/2002	43900	210588
INGFM	14/11/2002	25500	120799
INGFM	24/01/2003	-5000	22232
INGFM	23/01/2003	$-14626$	64814
INGFM	23/01/2003	$-12314$	54506
INGFM	20/11/2002	550000	2612500
INGFM	23/01/2003	$-1148$	5087
INGFM	23/01/2003	$-966$	4275
INGFM	24/01/2003	$-27000$	120057
INGFM	23/01/2003	$-14195$	62904
INGFM	23/01/2003	$-11952$	52903
INGFM	16/01/2003	10943	50812
INGFM	15/01/2003	1657	7712
INGFM	31/12/2002	2535	11669
INGFM	30/12/2002	662	36041
INGFM	27/12/2002	1189	5459
INGFM	24/12/2002	1272	5843
INGFM	23/12/2002	2620	12005
INGFM	20/12/2002	693	3168
INGFM	19/12/2002	$\overline{977}$	4494

This is the annexure marked "C" of 5 pages referred to in form 605 notice of cessation of being
a substantial shareholder signed by me on: $3 \circ - \circ \circ = 3$

$\mathbb{Z}^2$ S.S. Rouvray

$\sim 100$ km s $^{-1}$ $\overline{a}$

$\sim 10$

$\sim$ .

$\ddot{\phantom{a}}$ $\sim$ $\alpha$

Secretary