LEGEND MINING LIMITED — Capital/Financing Update 2006

Dec 27, 2006

27 December 2006

ASX Announcement

SECTION 708A(6) NOTICE

issuer:	Legend Mining Limited
ABN:	22 060 966 145

The Issuer named above notifies ASX (as the operator of the prescribed financial market on which the securities identified below are or are to be quoted) under section 708A(5)(e) that:

• the securities identified below were issued without disclosure under Part 6D.2 of $(a)$ the Corporations Act:
• as at the date of this notice the Issuer has complied with the provisions of $(b)$ Chapter 2M as they apply to the Issuer and with sections 674 and 675 of the Corporations Act; and
• $(c)$ as at the date of this notice there is no information which is excluded information as contained in sections 708A(7) and (8) of the Corporations Act.

DETAILS OF THE ISSUE OR OFFER OF SECURITIES

Class of Securities:	Ordinary Shares
ASX Code of the Securities:	IFG
Date of the issue of securities:	21 & 27 December 2006
Total number of securities issued:	62,500,000

Signed for and on behalf of the Issuer:

Tony Walsh Company Secretary Legend Mining Limited