LEGEND MINING LIMITED — Major Shareholding Notification 2007

Nov 5, 2007

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

$\overline{\text{To}}$	Company Name/Scheme
		Legend Mining Limited
ACN/ARSN		060 966 145
1.	Details of substantial holder(1)
Name	ACN/ARSN (if applicable)	Australian Gold Resources Pty Ltd 006 712 956
	There was a change in the interests
	of the substantial shareholder on	24/10/07
	The previous notice was given to the company on	$\frac{24}{10}$ / 07
	The previous notice was dated	$\frac{24}{10}$ / 07

$2.$ 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	Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Ordinary Fully Paid	495,485,000	44.73%	509,735,000	44.32%

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 associating/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
24/10/07	Australian Gold Resources Pty Ltd	Entering into call option agreement and acquiring power to control disposal of issued shares	\$1,900,000	15,000,000, Ordinary Shares	15,000,000

Form 604

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	Person entitled to be registered as	Nature of relevant	Class and number of	Person's votes
	securities	holder (8)	interest $(6)$	securities
Yandal Invest.	Yandal Invest.	Yandal Invest.		344,750,000
Pty Ltd	Pty Ltd	Ptv Ltd	Direct	Ord. Shares	344,750,000
Australian	Australian Gold	Australian Gold		164,985,000	164,985,000
Gold Resources	Resources Pty	Resources Pty	Direct	Ord. Shares
Ptv Ltd	Ltd	Ltd

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

6. Addresses

Name	Address
Yandal . Investments Ltd – 082 760 629	Pty PO Box 4, Mosman Park, WA $6912$
Pty Ltd - 006 712 956	Australian Gold Resources PO Box 4, Mosman Park, WA 6912

Mark Gareth Cyeasy

Signature

Print name

Sign here

capacity: Sole Director/Secretary

$\operatorname{\mathbf{date}}$ $_05$ / $11_\,\,$ / $2007$

Form 604