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MGX RESOURCES LIMITED Board/Management Information 2009

Jan 18, 2009

65331_rns_2009-01-18_0f826a02-9a90-440e-b9d8-4e281194c36d.pdf

Board/Management Information

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Mount Gibson Iron Limited

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ABN 87 008 670 817

First Floor, 7 Havelock Street West Perth 6005, Western Australia

PO Box 55, West Perth WA 6872

Telephone: 61-8-9426-7500 Facsimile: 61-8-9485-2305 E-mail: [email protected]

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VIA: WWW.ASXONLINE.COM

19 January 2009

The Manager Company Announcements ASX Limited Level 10, 20 Bond Street SYDNEY NSW 2000

Board appointment

Mount Gibson Iron Limited ( Mount Gibson ) wishes to advise that Mr Chen Zhouping has been appointed as a non-executive director of Mount Gibson with effect from today.

Mr Chen was nominated by Shougang Concord International Enterprises Company Limited ( Shougang Concord ) following completion by Mount Gibson of its recent rights issue. Mr Chen’s appointment is in accordance with the terms of a Heads of Agreement entered into by Mount Gibson and Shougang Concord, details of which were previously provided to ASX on 3 November 2008.

Yours sincerely

MOUNT GIBSON IRON LIMITED

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David Berg Company Secretary

For further information:

Luke Tonkin or Alan Rule Mount Gibson Iron Limited +61-8-9426-7500 www.mtgibsoniron.com.au