IRON BEAR RESOURCES LTD — Major Shareholding Notification 2006

Jan 2, 2006

Form 604

Corporations Act 2001

Section 6718

Notice of change of interests of substantial holder

To Con pany Name/Scheme	Cape Lampert Iron Ore Limited
ACN/ARSN	095047920
1. Details of substantial holder (1)
Name.	Commersbank AC
ACN/ARSN (if applicable)	M/A
There was a change in the interests of the substantial holder on	15/12/2005
The previous notice was given to the company on	$-29/04/2004$
The provision notice was dated	28/04/2004

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or ane total minuer or vares minuerable an art wide a working and when new required to give a substantia. holding holice to the company or acherne, are as follows:

Class of securities (4)	· Previous notice		Present notice
	Person's votes	Vating power (5)	∙Voting power (5) Person's votes
fully paid ordinary.	11 531 573	$-8.824$	$7.5,30$ \$* 13.201.573
siares *the disclosure is only
hased on the capital increase as per
16.12.2005

3. Changes in relevant interests

Particulars of each ohange in, or change in the nature of, in retevant impress of the substantal holder or an associate in voling securities of
the company or scheme, since the substantial holder was lest required to give as follows.

Data of change	Person whose relevant interest	Natura of change (6)	Consideration given an relation to change	Class and humber of gocurrides aneciec	Person's votes affected
29.04.2004	changed. Compersbank	Acquisition	AUD 0.4208	$-325.408$ " in equatorium in i	1:325.408.
30.04.2004	Commerzbank	Asmaisition	_aud_0, al38	24.592	24.592 737.443
03.05.2004 05.05.2004	04.05.2004 Commerzbank Commercibunk. Commerzonnk	Acouisition Accuisition Acquisition	AUD 0, 4208 AUD 0.4208 200 0,4208	737 443 102.046 348.380	102.046 .348.350.
06.05.2004	Commersbank	Acquisition	AUD 0.4200	-132 131	132.131

4. Present retevant Interests

Particulars of each relevant interest of the substantial invictor in voting accurities after the change are as tollows.

				Class and number	Person's Voles-
Holder of	Begistered holder	- Ferson antitled to be	Mature of relevant.
			interest (6)	∵of securities .
relevant interest	of separates	registored as holder.
			Molder of	1013.2017573. 113.201.573
Commerzhank	Commerzhank	Commerzhank	securities.
					--------

.		MASSAGE AND COMMUNISTIC COMMUNISTIC CONTRACTOR CONTRACTOR CONTRACTOR CONTRACTOR CONTRACTOR		. a mana a shekara and a more of	.
	and comparements and con-		. i e santa co	https://www.com/communication.com/communication/information/information/information/information/information/in	________	ALL 4
	CONTRACTOR COMPANY	______		.	Contractors construction of the Contractor .

g. Changes in association .

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (3) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

pupulakan namati m
Name and ACN/ARSN (if applicable). Nature of association.
	N/A
فما فلطفأ إلهمان موسد ومجانب ومجارد محروره بدراء وا

6 Addresses

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

www.com.com.com.com/provid=1.0.0.00000000000000000000000000000000
	:Address :
Name
Commershank AG	23 Pustin Friars, London, BC2 2NB, UK.

Sionat

$-2.000000000000000000000000000000000000$
					Executive Director
	Andreas Marbeiter			Capacity
⊹crint name :
		. .			www.tabandaga.html www.youthine.com/watch?uthanday.com/watch?uthanday/
sign here $\mathbb{N}$				date :	23/12/2005

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.
• See the cerimition of "associate" in section 9 of the Corporations Act 2004 $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The yoting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the lotal votes in the body corporate or scheme multiplied by 100. $(5)$

Include details of:

$(6)$

• any relevant acteement or other circumstances pacause of which the change in televant interest occurred. It subsection 871B(4) $(x)$ D., applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement cantilying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $f(x)$ . clapceal of the securities to which the relavant interest relates (mdicaling clearly the particular securities to which the qualification (applies).
• See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.
• .
  Datalls of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest wite acquired
  That, or may, become entitled to receive in relation to that acquisition. Detai -171. to the acquisitions, even if they are riot paid directly to the person from whom the relevant interest was acquired.
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) wrile 15)