LEGEND MINING LIMITED — Major Shareholding Notification 2011

Jul 26, 2011

Form 604

Corporations Law Section 671B

Notice of change of interests of substantial holder

To: Company Name/Scheme LEGEND MINING LIMITED
ACN/ARSN	060 966 145
1. Details of substantial holder
Name	UBS AG and its related bodies corporate
ACN/ARSN (if applicable):
There was a change in the interests of the substantial holder on		22 July 2011
The previous notice was given to the company on		2 June 2011

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	88.409.055	5.08%	105.983.420	6.09%

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	Class and Number of securities affected	Person's votes affected
Please see Appendix A.

Present relevant interests 4.

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 holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
UBS Securities Australia Ltd	Brispot Nominees Pty Ltd	UBS Securities Australia Ltd	Beneficial owner	105,983,420 Ordinary	105,983,420

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) $\overline{\phantom{a}}$	Nature of association
N/A	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:	Boris Lo	Capacity:	Authorised signatory
Sign Here:		Date:	26 July 2011
Print Name:	So Young Kim	Capacity:	Authorised signatory
Sign Here:		Date:	26 July 2011

Contact details for this notice:

---

Tiffany Leung Legal & Compliance $(T) + 85229718042$ $(F) + 85229717895$

					Appendix A
Date of change	Person whose relevant interest changed	Nature of Change	Consideration given in relation to change.	Number of Securities	Reiss
$\sqrt{24 - \text{Jun-11}}$	UBS Securities Australia Ltd	!Buy	2.250	75.000	Ordinary
27-Jun-11	UBS Securities Australia Ltd	Buy	2.900	100.000	Ordinary
29-Jun-11	UBS Securities Australia Ltd	Buv	11.225	387,056	Ordinary
$11 - \frac{1}{1}$ ul-11	UBS Securities Australia Ltd	8uv	32,000	,000,000	Ordinary
$14$ -Jul-11	UBS AG, London Branch	Class order relief available under ASIC Class Order ICO 11/272] *	N/A.	1.076.001	Ordinary
18-Jul-11	UBS Securities Australia Ltd	iΒuγ.	599.591	14, 141, 288	Ordinary
19-Jul-11	UBS Securities Australia Ltd	Buv	81,878	,997,021	Ordinary
$[22 -$ Jul-11	UBS Securities Australia Ltd	Buy	28,700	700.000	Ordinary
* ASIC has given class order relief under [CO 11/272] so that a prime broker with a borrowing right must defer the time at which it takes into account its relevant interest arising from that borrowing right for the purposes of substantial holding disclosure compliance to the time at which it exercises that borrowing right.

$\label{eq:2.1} \frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{\mathbb{R}^3}\frac{$

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}\frac{1}{\sqrt{2}}$

$\label{eq:2.1} \frac{1}{\sqrt{2}}\int_{\mathbb{R}^3}\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2\frac{1}{\sqrt{2}}\left(\frac{1}{\sqrt{2}}\right)^2.$

$\label{eq:2.1} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\left(\frac{1}{\sqrt{2\pi}}\right)^{2\alpha} \frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\int_{0}^{\infty}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\sqrt{2\pi}}\frac{1}{\$