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LEGEND MINING LIMITED Capital/Financing Update 2009

Dec 21, 2009

65223_rns_2009-12-21_f86f6e4f-a176-4691-a345-a08b9c338b6a.pdf

Capital/Financing Update

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MARKET RELEASE

22 December 2009

Legend Mining Limited

TRADING HALT

The securities of Legend Mining Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Thursday, 24 December 2009 or when the announcement is released to the market.

Security Code: LEG

Matthew Foy Senior Adviser, Issuers

$22$ 24 December 2009

Mr James Rowe Manager, Issuers (Perth) Australian Stock Exchange Limited Exchange Plaza, 2 The Esplanade
PERTH WA 6000

Facsimile: 9221 2020

Dear James.

TRADING HALT

Legend Mining Limited [ASX Code: LEG] requests that a trading halt be put on its securities immediately pending an announcement to the market regarding a capital raising.

Legend Mining Limited can see no reason why a trading halt should not be put on its securities.

Prior to the commencement of trading in its securities, Legend expects to make an announcement in relation to a capital raising.

Yours sincerely

Brett White