MGX RESOURCES LIMITED — Major Shareholding Notification 2005

Sep 8, 2005

page 1/2 15 July 2001 604

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Form 604
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Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	Mount Gibson Iron Limited
ACN/ARSN	008 670 817
1. Details of substantial holder(1)
Name	Sun Hung Kai Investment Services Limited (Accounts of Honest Opportunity
ACN/ARSN (if applicable)	Limited ("HOL") and New Fortress Investments Limited ("NFIL"))("SHKIS")
There was a change in the interests of the substantial holder on	08.09.72005
The previous notice was given to the company on The previous notice was dated	26,08,2005 26 08 / 2005
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) $\left| \right\rangle$ in when last required, and

-- Class of securities (4)	Previous notice	—	Present notice	.
	Person's votes	Voting power (5)	Person's votes!	Voting power (5)
Ordinary	92. 19,681	אסלכל	426,589 ハウベ	6.3375
				---

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

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
108/09/05	SHKIS	On market	See Annexure	rdinary ر 1881,298	HOL
		purchase		ע זבם.	NFIL

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 securities	Person entitled to be registered as holder (6)	Nature of relevant interest (6)	Class and number of securities (Ordinary)	Person's votes
SHKIS	SHKIS	HOL	As custodian for	16,681,298	16,681,298
			HOL
SHKIS	SHKIS	NFIL	As custodian for	6,745,291	6,745,291
			NF IL

$\frac{1}{2}$ $\frac{1}{2}$

Director of New Fortress

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

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

Name	Address
SHKIS	'Level 12, 1 Pacific Place, 88 Queensway , Ho ng Kong
HOL and NFIL	147/F., China Online Ce ntre, 333 Lockhart Road, Wanchai, Hon g Kong
Note:	HOL and NFIL are the indirect wholly-owned subsidiaries of COL Capital Limited.

Therefore, NFIL is a fellow subsidiary of HOL.

Signature

print name	Kong Muk Yin	capacity	_________ Investments Limited
sign here		date
	ᡕᠩᠯ DIRECTIONS		л

• If there are a number of substantial holders with similar or ralated relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an
  equity trust), the names could be included in an ann $(1)$ form.
• See the definition of "associate" In section 9 of the Corporations Act 2001. $(2)$
• See the definition of Trelevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. O)
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• Include details of: $\left( 6\right)$
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any (a) document setting out the terms of any relevant acreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and
• any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to $\phi$ which the relevant interest relates (indicating clearly the perticular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, becom'e
  included of any benefit paid on bahalf of the substantial hol $\sigma$ the relevant Interest was acquired.
• If the substantial holder is unable to determine the Identity of the person (eg. If the relevant interest arises because of an option) write "unknown". 佃
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $\left( 9\right)$

NO.901 P.З

Annexure to item 3

$\hat{\mathbf{r}}$ $\hat{\mathbf{r}}$ $\frac{1}{4}$

To:	Company Name/Scheme	MOUNT GIBSON IRON LIMITED
	ACN/ARSN	008 670 817

Consideration Schedule

Sun Hung Kai Investment Services Limited

(as custodian for Accounts of Honest Opportunity Limited

("HOL") and New Fortress Investments Limited ("NFIL)) Holder of Relevant Interest:

	Date of acquisition	Class of securities	Number of securities	Cost and expenses (AUD)
NFIL	26.08.2005	Ordinary	260,000	178,304.65
NFL	29.08.2005	Ordinary	2,090,000	1,466,206.38
NFL	31.08.2005	Ordinary	130,000	91,227.50
NFIL	01.09.2005	Ordinary	500,000	354,433.88
NFIL	07.09.2005	Ordinary	590,000	416,288.13
NFL	08.09.2005	Ordinary	175,291	123,261.08
Total			3,745,291	2,629,721.62

Signature

Print Name:	Kong Muk Yin	Capacity:	Director of New Fortress Investments Limited
Sign Here		Date:	09.09.2005
	ᡃᡪᡰᡟᡃᢦᡃᡃ Վե⊷

$\frac{1}{4}$