IRON BEAR RESOURCES LTD — Major Shareholding Notification 2013

Apr 25, 2013

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme Cape Lambert Resources Limited ACN/ARSN 095 047 920

1. Details of substantial holder(1)

Name	BlackRock	Group
ACN/ARSN (if applicable)
There was a change in the interests of the
substantial holder on		16	/ / 04	13
The previous notice was given to the company on		30	/ / 10	12
The previous notice was dated		24	/ / 10	12

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 an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows:

Class of securities (4)	Previous notice	Previous notice	Present notice	Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
ord	52,137,785	7.57	44,020,725	6.41

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
	see Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
	see Annexure B

604 page 2/2 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

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

6. Addresses

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

Name Address see Annexure B

Signature

print name Belinda Plotkin capacity Company Secretary sign here date 26 / 04 / 13

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.

• (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.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) 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 certifying this contract, scheme or arrangement; and

• (b) 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 securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

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

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom`e entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (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".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Annexure A

This is Annexure A of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

26-Apr-13 Belinda Plotkin, Company Secretary Date

3. Changes in relevant interests

Cape Lambert Resources Limited (CFE)

Date of Change	Person whose relevant interest changed	Nature of change (6)	Consideration given in relation to change (7)	Consideration given in relation to change (7)	Class and number of securities affected	Person's votes affected
25 Oct 2012 to 16 April 2013	BlackRock Group	Purchases	110,041	AUD	ord 480,665	480,665
	BlackRock Group	Sales	1,824,356	AUD	ord 8,597,725	8,597,725

CFE

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Annexure B

This is Annexure B of 1 page referred to in form 604 Notice of change of interests of substantial shareholder

26-Apr-13 Belinda Plotkin, Date Company Secretary

4. Present Relevant Interests 6. Addresses

Holder of Relevant Interests / Name	Class and number of Securities	Class and number of Securities	Persons Votes	Nature of Association	Address
BlackRock (Luxembourg) SA	ORD	35,294,407	35,294,407	same ultimate	6d Route de Treves
				holding company	Senningerberg, L-2633
					Luxembourg
BlackRock Investment	ORD	5,302,029	5,302,029	same ultimate	12 Throgmorton Avenue
Management (UK) Ltd				holding company	London EC2N 2DL UK
BlackRock Investment	ORD	348,463	348,463	same ultimate	Level 19, 120 Collins St
Management (Aust) Ltd (ACN				holding company	Melbourne Australia
006 165 975)
BlackRock Asset Management	ORD	1,196,961	1,196,961	same ultimate	Level 43, Grosvenor Place
Australia Limited (ACN 001 804				holding company	225 George Street
566)					Sydney NSW 2000 Australia
BlackRock Fund Advisors	ORD	4,466	4,466	same ultimate	400 Howard Street
				holding company	San Francisco, CA, 94105
BlackRock Institutional Trust	ORD	1,874,399	1,874,399	same ultimate	400 Howard Street
Company, N.A.				holding company	San Francisco, CA, 94105

CFE

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