LEGEND MINING LIMITED — Major Shareholding Notification 2010

May 3, 2010

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

		To: Company Name/Scheme	Legend Mining Limited
--	--	-------------------------	-----------------------

1. Details of substantial holder

Name	UBS Nominees Pty Ltd and its related bodies corporate
ABN (if applicable):	32 001 450 522
There was a change in interest of the substantial holder on:		30 April 2010

The previous notice was dated:

05 March 2010

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	Previous Notice		Present Notice
	Person's Votes	Voting Power	Person's Votes	Voting Power
Ordinary	107,626,276	6.22%	140,935,922	8.15%

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	Consideration given in relation to change	Class and Number of securities	Person's votes affected
Please also 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 Registered holder of relevant interest securities	Person entitled to be registered holder	∣ Nature of relevant interest ∣Class and	number of securities	Person's votes
--	-------------------------------------------------------------------------	------------------------------------------------------	------------------------------------------	-------------------------	-------------------

UBS AG, London Branch	Citicorp Nominees Pty Ltd	UBS AG, London Branch	Prime Broker with power to control the exercise of the power to dispose of shares pursuant to a Prime Broking Agreement.	5,026,000 Ordinary	5,026,000
UBS Securities Australia Ltd	Brispot Nominees	UBS Securities Australia Ltd	Beneficial Owner	135,909,922 Ordinary	135,909,922

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 fo

Name and ACN (if applicable)	Nature of association
N/A

6. Addresses

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

Name	Address
Details of all UBS offices can be found through the following link: http://apps.ubs.com/locationfinder

SIGNATURE

	Print Name: Andrew Jones	Capacity: Company Secretary
Sign Here:		Date: 04 May 2010
Contact details for this notice: $\mathscr{D}$	$\overline{\phantom{a}}$
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Andrew Jones Legal & Compliance (w) +61 2 9324 2231 $(f) + 61293242558$ Email: andrew-t.jones@ubs.com

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30-Apr-10	UBS Securities Australia Limited	Off market	\$1,035,930	33,309,646 Ordinary

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