IRON BEAR RESOURCES LTD — Major Shareholding Notification 2008

Jul 17, 2008

BY FACSIMILE 1300 135 638

Level 36, Grosvenor Place 225 George Street Sydney NSW 2000 Australia

Blake Dawson

T 61 2 9258 6000 F 61 2 9258 6999 DX 355 Sydney

Locked Bag No 6 Grosvenor Place Sydney NSW 2000 Australia

www.blakedawson.com

18 July 2008

Our reference WJK RZN 02 1430 1348

Partner Bill Koeck T 61 2 9258 5727 bill.koeck@blakedawson.com

Contact Rupert Nolan T 61 2 9 2 5 8 6 4 9 5 rupert.nolan @blakedawson.com

Company Announcements Office Australian Stock Exchange Limited Level 4 20 Bridge Street SYDNEY NSW 2000

Evraz S.A and related entities - Notice of substantial holder for Cape Lambert Iron Ore Limited (ASX:CFE)

We act for Evraz S.A.. We attach a copy of a notice of initial substantial holder in relation to Cape Lambert Iron Ore Limited.

Yours faithfully

there

Brisbane

Perth

Canberra

Melbourne

Sydney

TØd

204799936_1

BLAKE DAWSON > 01300132638

Shanghai

Port Moresby

$SF: LJ$ 8002/20/81

1

Associated Office Jakarta

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Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Cape Lambert fron Ore Limited (CFE)
ACN/ARSN	095 047 920 This notice is given by Evraz Group S.A. on behalf of itself and each of its controlled bodies corporate (Evraz Subsidiaries) named in annexure A.
1. Details of substantial holder (1) Name ACN/ARSN (If applicable)	Evraz Group S.A.
The holder became a substantial holder on	16/07/2008

$\sim 100$

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 an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows: ٦

I luftlest (a) in our are now There Class of	Number of securities	Person's votes (5)	Voting power (6)
securities (4)			19.00%
Ordinary Paid Fully	72.083.164	72,083,164
Shares

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a

substantial holder are as follows:	Nature of relevant interest (7)	Class and number of securities
Holder of relevant interest
Evraz Group S.A.	Beneficial owner of 60,083,164 ordinary shares; taken under section 608(8) of the Corporations Act to have voting power of more than 20% in Delong Holdings Limited by virtue of a put and call option agreement with Best Decade Holdings Limited exercisable until 16 August 2008 subject to regulatory approval condition precedent to acquire shares in Delong Holdings Limited and therefore taken under section 608(3)(a) of the Corporations Act to have the relevant interest that Delong Holdings Limited has in 12,000,000	72,083,164 ordinary shares
	ordinary shares	12.000,000 ordinary shares
Delong Holdings Limited	Beneficial owner
Lanebrook Limited	$\overline{\text{Take}}$ n under section 608(3)(b) of the Corporations Act to have a relevant interest by reason of having control of Evraz Group S.A.	72,083,164 ordinary shares
Crosland Global Limited	Taken under section 608(3)(a) of the Corporations Act to have a relevant interest by reason of Crosland Global Limited having voting power above 20% in Lanebrook Limited.	72,083,164 ordinary shares
Holding International Greenleas lLimited	Taken under section 608(3)(a) of the Corporations Act to have a relevant interest by reason of Greenleas International Holding Limited 72,083,164 ordinary shares having voting power above 20% in Lanebrook Limited.
Each of the Evraz Subsidiaries	Taken under section 608(3) of the Corporations Act to have a relevant interest by reason of having voting power (through the relevant Interests of its associate, Lanebrook Limited) above 20% in Evraz Group S.A.	72,083,164 ordinary shares

4. Details of present registered holders

of the securities referred to in paragraph 3 above are as follows: $\overline{a}$ The per

sons registered as holders or the securities returned to in paragrap		Person entitled to be	Class and number
Holder of relevant	Registered holder of	registered as holder (8)	of securities
interest	securities		$[60,083,164]$ ordinary
Evraz Group S.A. (and parties	Memili Lynch (Australia) Nominees Pty Ltd Evraz Group S.A.		Ishares
Inamed in section 3)			112,000,000 ordinary
Delong Holdings Limited (and	Delong Holdings Limited	Delong Holdings Limited	Ishares
parties named in section 3)

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder

became a substantial holder is as follows: Holder of relevant	Date of acquisition	Consideration (9)		Class and number of securities
interest		Cash	Non-cash
Evraz Group S.A. (and parties named in section 3)	16/07/2008	\$0,277 cash per share upon exercise of listed options (31 October 2008 at 27.7 cents)		56,050,143 ordinary Ishares
Evraz Group S.A. (and parties named in	02/06/2008	Acquisition on ASX for \$0.6491 ber share		1,834,622 ordinary lshares
(section 3 Evraz Group S.A. (and parties named in section 3)	23/06/2008	Acquisition on ASX for \$0.7337 lper share		367,012 ordinary Ishares

the company of the company of the

$\mathcal{L}_{\mathcal{A}}$

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

	1 Nature of association
Name and ACN/ARSN (if applicable) r
	Body Corporate controlled by the substantial holder Evraz Group S.A.
Each of the Evraz Subsidiaries

7. Addresses

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

Name	Address
Evraz Subsidiaries Evrez Group S.A.	ISee annexure A. Allee Scheffer. L-2520, Luxembourg, R.C.S. Luxembourg B 105615 80 Raffles Pl., Ste. 56-02 UOB Plz. 1, Singapore, Singapore
Delong Holdings Limited Lanebrook Limited	Julia House, 3 Themistocles Dervis Street, CY-1066 Nicosia, Cyprus Juilla House, 3 Themistocles Dervis Street, CY-1066 Nicosia, Cyprus
Crosland Global Limited Greenleas International Holding Limited	Omar Hodge Building, 3rd Floor, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands ILevel 38, Governor Phillip Tower, 1 Farrer Place, Sydney 2000
Merrill Lynch (Australia) Nominees Pty Ltd

Signature

$(1)$

$(2)$

$(3)$

$(4)$

$(5)$

$(6)$

$\left( 7\right)$

	print name	BIII Koeck	capacity	Authorised representative
			date	18 July 2008
	aign here
		DIRECTIONS
I).	is clearly set out in paragraph 7 of the form.	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
2)		See the definition of "associate" in section 9 of the Corporations Act 2001.
3)		See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
(4)		The voting shares of a company constitute one class unless divided into separate classes.
		The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an associate has a
(5)	relevant interest in.
(6)		The person's votes divided by the total votes in the body corporate or acheme multiplied by 100.
(7)	Include details of:
204783195.4

$\mathbf{r}$

• any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a copy of any any relevant agreement of other chromistations by when the relevant mercurities were accurated in the person giving full and accurate details of any contract, document setting out the terms of any relevant agreement, and a document setting our the terms of any relevant agreement, and a statement by the person group rank accurate document any contract,
  scheme or arrangement, must accompany this form, together with a written statement certifyi $(a)$
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the מווץ quannoanon or the power or a person to excluse , computer and cyserouse or, or minushoe the exercise or, the vourig powers
  securities to which the relevant interest relates (indicating clearly the particular securiti $(b)$

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

$(8)$

If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown."

Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or
may, become entitled to receive in relation to that acquisition. Details may, become enunce to receive in readoritio that acquisition. Details must be included even if the benefit is conditional on the happening or not or a
contingency, Details must be included of any benefit paid on behalf of $(9)$ commissing, became must be included or any periodic part on periodic or the substantial commission.

ANNEXURE A

This is the Annexure of 5 pages marked "A" referred

to in the form 603 Notice of initial substantial holder

Signed by me and dated 18 July 2008

$\ddotsc$

lan 4 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, . . . . . . . . . . . . . . . . . . . . . .

Bill Koeck- Authorised Representative Evraz Group S.A.

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	医精神病 医饮食的
Kaléngany Nam é Agalios Investments Ltd.	Julia House 3 Themistocles Dervis Street CY-1066 Nicosia
	Cyprus 167 Merchants Street, Valletta, Malta
Aino Dake Maritime (Malta)	Julia House
Alkiniros Holdings Ltd.	3 Themistocles Dervis Street CY-1066 Nicosia Cyprus
Annia S.R.L.	Via E.Ferni, 28, San Giorgio Di Nogaro (UD), Italy
Ardilan Finance Limited (CYP)	15 Agiou Pavlou Street. Ledra House, Aglos Andreas 1105 Nicosia Cyprus
	Julia House 3 Themistocles Dervis Street CY-1066 Nicosia Cyprus $1000$ SW Broadway # 2200
Camrose Pipe Corp. dba Columbia Structural Tubing	Portland, OR 97205 Bid.1, Metallurgov str.,
CCM 4	Nizhniy Tagil, Sverdlovsk region, Russia, 622025
Chantusos Holdings Ltd.,	Julia House 3 Themistocles Dervis Street CY-1066 Nicosia Cyprus
Cheremshanka	5, 52, Frunze str. Nizniy Tagil, Sverdlovsk area, 622002 4001 Philadelphia Pike
Claymont Steel	Claymont, Delaware 19703
Coal Company Yuzhkuzbassugol	654027 Russia Kemerovo region Novokuznetsk Kurako str. 33
Coke Oven Overseas Contr. Ltd. (CYP)	Julia House 3 Themistocles Dervis Street CY-1066 Nicosia Cyprus Julia House
Crownwing Ltd. (CYP)	3 Themistocles Dervis Street CY-1066 Nicosla Cyprus
SP Evrazmetalistroi	B.Pochtovaya str., 36 bld. 6-7-8, Moscow 107082, Russia
East Metals Ltd. (CYP)	Julia House 3 Themistocles Dervis Street CY-1066 Nicosia

	Address
Renay Provident Co.	Cyprus
	9-11 Rue du Prince 1204 Geneva
East Metals SA (Swiss)	Switzerland
	1 Allee Scheffer
Emmy NA S.a.r.i. (Lux)	1.2520
	Luxembourg
	15 4/5 Dolgorukovskaya street, Moscow 127006,
EuroaziaHolding LLC	Russia
	4001 Philadelphia Pike
Evraz Claymont Steel Holdings, Inc.	Clymont, Delaware 19703 2B Hlebozavodskaya Str.
	Novokuznetsk
Evraz EK	Kemerovo region
	Russia 2711 Centerville Road, Suite 400, Wilmington,
EVRAZ INC. NA	New Castle, Delaware, USA 1000 SW Broadway Suite 2200 Portland
Evraz Oregon Steel	Via al Chioso, 8
Evraz Overseas SA (CH)	6900 Lugano Switzerland
	Vla E.Feml, 28, San Giorgio Di Nogaro (UD),
EVRAZ PALINI E BERTOLI S.P.A. (IT)	Italy
	1 Allee Scheffer
Evraz Securities SA (Lux)	L-2520
	Luxembourg
	Ostrava - Hulváky, Štramberská č.p. 2871/47
Evraz Vitkovice Steel (CZK)	709 00
	Czech Republic
	3 Pavlovskogo Str. Novokuznetsk
EvrazEnergoTrans	Kemerovo Region
	654007 Russia
	1 Allee Scheffer
EvrazGroup SA (Lux)	L-2520 Luxembourg
	652990 Russia
EvrazRuda	Kemerovo region
	Tashtagolsky area Tashtogol
	Lenina str. 21
	15 str. 4-5 Dolgorukovskaya Str.
EvrazTekhnika	Moscow
	127006 Russia 24 str. 4 Novoslobodskaya Str.
	Moscow
EvrazTrans	127055 Russia
	2B, Chlebozavodskaya str.,
Evro-Aziatskaya Energy Company	Novokuznetsk. Kemerovsk region
	15 Agiou Pavlou Street.
Federlan Enterprises Limited (CYP)	Ledra House
	Agios Andreas
	1105 Nicosia Cyprus Julia House
	3 Themistocles Dervis Street
Feribol Holdings Ltd.	CY-1066 Nicosia
	Cyprus 3101 Valley Street
	PO Box 298
General Scrap Inc.	Minot, North Dakota 58702
	Vasilissis Freiderikis, 20, El Greco House Office
Greyridge Coal & Shipping Ltd. (CYP)	104, P.C. 1066, Nicosia Cyprus
	Julia House 3 Themistocies Dervis Street
Heatshine Holdings Ltd.	CY-1066 Nicosla
	Cyprus

$\blacksquare$

$\sim$

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a provincia de la mandata del

• 201783195.4
  | 1011 PSP - 1008

Computering	BY THEFT
	Old Pretoria Road, Portion 29 of the farm
Highveld Steel & Vanad. Corp. Ltd.	Schoongezicht, 308 JS, Witbank, Mpumalanga,
	South Africa
	Old Pretoria Road
	Portion 29 of the farm Schoongezicht
IPSCO Inc.	308 JS
	Witbank
	Mpumalanga
	South Africa
	4. Energetikov str., village Bolshaya Irba,
	Kuraginsk area, Krasnoyarsk region
Irbinskie energoseti	Russia, 662943
	167 Merchants Street, Valletta, Malta
Kita Dake Maritime (Malta)	P.H. Plaza 2000 Building, 50 m Street, Panama,
	Republic of Panama
Korten Corporation (Panama)	167 Merchants Street, Valletta, Malta
Mae Dake Maritime (Malta)
	Julia House 3 Themistocles Dervis Street
Mastercroft Finance Ltd. (CYP)
	CY-1066 Nicosia
	Cyprus
	Julia House 3 Themistocles Dervis Street
Mastercroft Limited	CY-1066 Nicosia
	Cyprus Julia House
	3 Themistocles Dervis St.
Mastercroft Mining Limited (CYP)	CY-1066 Nicosia
	Cyprus 654005 Russia
	Kemerovoskaya obi, region
MEF	Novokuznetsk
	Pavlovskogo str., 3
	3 Pavlovskogo Str.
	Novokuznetsk
Metallenergofinance	Kernerovo Region
	654007 Russla
	652705 Russia
	Kiselevsk
Mine 12	Chumova St., 2
	692904 Russia
	Primorsky kray
Nakhodka Sea Port	Nakhodka
	Portovaya str. 22
	Czech Republic, Mníšek pod Brdy č.900, Postal
Nikom, a.s.	Code 252 10, ld. No.: 46356711
	654010 Russla
	Kemerovoskaya obl. region
NKMK	Novokuznetsk
	Ploshad Pobedi 1
	22 Portovaya Str.
	Nakhodka
NMTP	Primorsky Region
	693900 Russia
	622025 Russia
NTMK	Sverdlovsk region
	Nijnij Tagil
	Metallurgov str. 1
	1 V.V. Scherbytskoho Street, 51909
OJSC Bagleykoks	Dneprodzerzhinsk, Ukraine
	1 Koleusivska Street, 51901 Dneprodzerzhinsk,
OJSC Dneprodzerzhinsk Coke Chemical Plant	Ukraine
	1 Koksokhimichna Street, 49064
OJSC Dneprokoks	Dnepropetrovsk, Ukraine
	3 Mayakovskoho Street,
OJSC Dnepropetrovsky Metal Works	9064 Dnepropetrovsk, Ukraine

All Service

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I . . .

ERSINALISM	avent 20
OJSC Sukhaya Balka	5 Constitution Street, Kryvyl Rig, 50015 Dnepropetrovsk, Ukraine
Oregon Steel Mills De Guayana	1000 SW Broadway # 2200 Portland, OR 97205
Oregon Steel Mills Processing, Inc.	1000 SW Broadway # 2200 Portland, OR 97205
OSM Distribution, Inc.	1000 SW Broadway # 2200 Portland, OR 97205
Palmrose Ltd.	Julia House 3 Themistocles Dervis Street CY-1066 Nicosia Cyprus Via Enrico Fermi 28
Palini e Bertoli	S. Giorgio di Nogaro (UD) 33058 Italy 1 Allee Scheffer
Pamplune S.A. (Lux)	L-2520 Luxembourg Port Uzhniy, Odesskiy region,
Prichaly Kominterna	65481 Ukraine 652870 Russia
Raspadskaya	Kemerovskaya obl Mezhdurechensk, Mira St. 106 16, Kosmicheskoe shosse,
SCCM	Novokuznetsk, Kemerovsk region Russia, 654043 652705 Russia
Shahta No12	Kiselevsk Chumova St., 2 Bid. 2a, Gagarina str., village Sheregesh, Tashtagol area, Kemerovsk region,
Sheregesh-Energo	Russia, 652971 117218 Russia Krijijanovsky str. 14 bid. 3
Sibmetinvest	Moscow Julia House 3 Themistocles Dervis Street
Sinano Shipmanagement Ltd. (CYP)	CY-1066 Nicosia Cyprus Julia House 3 Themistocles Dervis Street
Sinillios Holdings Ltd.	CY-1066 Nicosia Cyprus Julia House
Steeltrade Ltd. (CYP)	3 Themistocles Dervis Street CY-1066 Nicosia Cyprus 30 Main Street Danbury, CT 06810-3004
Strategic Minerals Corp.	15 str. 4-5 Dolgorukovskaya Str. Moscow
TC EvrazHolding	127006 Russia 24 str. 4 Novoslobodskaya Str. Moscow
TD EvrazResours	127055 Russia Prosp. Gazeti Pravdi Dnepropetrovsk
TD EvrazResours Ukraine	49000 Ukraine Bld.20, Sovetskaya Str., village Vershina Tel, Askizskiy area, Respublica Chakasia,
Telskie energoseti	655731 Julla House 3 Themistocles Dervis Street
Tollipone Ltd.	CY-1066 Nicosia Cyprus Julia House
Unicroft Limited (CYP)	3 Themistocles Dervis St.

$\label{eq:4} \omega_{\rm c} = \pm \omega_{\rm c} \cos \phi \sin \phi \cos \phi \sin \phi \sin \phi \sin \phi \sin \phi \sin \phi \sin \phi \sin \phi$

---

SERIOR NATION	Address
	CY-1066 Nicosia
	Cyprus
	654027 Russia
United Coal Company "Yuzhkuzbassugoi"	Kemerovo region
	Novokuznetsk Kurako str. 33
	Julia House
	3 Themistocles Dervis St.
Vanston Ltd. (CYP)	CY-1066 Nicosia
	Cyprus
	Frunze str., Nizhny Tagil
VGOK 5,1549	Sverdlovsk region
	622002 Russia Jens Köhler
	Graf-Adolf-Strasse 18
VITKOVICE International GmbH	D-40212 Düsseldorf
	Deutschland
	Petr Konderla
VITKOVICE Steel Polska Sp.z o.o	Žwirki i Wigury 14/6
	40-063 Katowice
	Polen
	Julia House
Watney Ltd. (CYP)	3 Themistocles Dervis St.
	CY-1066 Nicosia
	Cyprus 654027 Russia
	Kemerovo region
Yuzhkuzbassugol	Novokuznetsk
	Kurako str. 33
	654066 Russia
ZAO "OUS"	Kemerovoskaya obl. Region
	Novokuznetsk
	Oktyabrskiy str., 63
	23 Severnoe Shosse
Zapadno-Sibirskaya TEZ	Novokuznetsk
	Kemerovo Region
	654038 Russia Novokuznetsk
	Kemerovo Region
Zapadno-Sibirsky Isp. Centr	654000 Russia
	654066 Russia
ZSGU	Kemerovskaya obl.
	Novokyznetsk Oktyabrsky Prospect, 63
	16, Kosmicheskoe shosse
	Novokuznetsk
ZSMK	Kemerovskaya region
	Russia 654043
	16, Kosmicheskoe shosse
ZSMK	Novokuznetsk Kemerovskaya region
	Russia 654043
	1, Metallurgov str. Nizhniy Tagil,
	Sverdlovsk region, 622025

$\sim$

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