MGX RESOURCES LIMITED — Major Shareholding Notification 2018

Oct 15, 2018

22/F., Allied Kajima Building, 138 Gloucester Road, Hong Kong

Telephone: 2519 2288, 2519 2222 Fax: 2598 5518, 2598 0419

Allied Properties Investments (1) Company Limited

To: David Stokes Company Secretary Mount Gibson Iron Limited By fax: +61 8 9485 2305

• To: Australian Securities Exchange Company Announcements Office
• From: Kelvin Lam Kam Wind Director

16 October 2018

Dear Sir / Madam

Mount Gibson Iron Limited (ACN 008 670 817) - Notice of Change of Interests of Substantial Holder

We enclose a Notice of Change of Interests of Substantial Holder (Form 604) in respect of the interests held by Allied Properties Investments (1) Company Limited and its related bodies corporate (Allied Group) in Mount Gibson Iron Limited (ASX: MGX) (MGX).

We note that Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in MGX in which APAC Resources Limited and any of its related bodies corporate (APAC Group) have a relevant interest. Any change of interests held by APAC Group in MGX will also result in the same change of interests held by Allied Group in MGX and may not be separately notified in the future.

The increase in the percentage of Allied Group's holding in MGX resulted from the issue of 21,882,844 fully paid ordinary shares to entities of the APAC Group by MGX on 15 October 2018 under the Dividend Reinvestment Plan for final dividend in respect of the full financial year ended 30 June 2018.

Yours faithfully,

Kelvin Lam Kam Wing Director

By fax: +61 2 9778 0999

604 page 1/2 15 July 2001

Form 604 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		Allied Properties investments (1) Company Limited and its related bodies corporate, including the related bodies corporate and other entities listed in Section 1 of Annexure A ("Allied Group")
ACN/ARSN (if applicable)	N/A
There was a change in the interests of the substantial holder on The previous notice was given to the company on The previous notice was dated		15/10/2018 30/05/2018 30/05/2018
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:

	Previous notice		Present notice
Class of securities (4)	Person's votes	Voting power (5) .	Person's votes	Voting power (5) --------------------------------------
See section 2 of Annexure A

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 (7)	Class and number of securities effected	Person's votes affected
		See section 3 of 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	Person entitled	Nature of	Class and	Person's votes
relevant	holder of	to be registered	relevant	number of
interest	securities	as holder (8)	interest (6)	securities
See section 4 of Annexure A www.forcebook.com/en/and-back-hour-hour-hour-hour-hour-hour-hour-

604

page 2/2 15 July 2001

16/10/2018

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:

A BANDAL SA ANG ANG KANG KATA KATA PANG PANGASAN PANG ATAW AT ANG PANG-PANGANAN NA ANG PANG-PANGANG PANG-PANGA Name and ACN/ARSN (if applicable)	Nature of association Propriety States Propriet States and Table States and Associates and Associates and Associates and Associates and Associates and Associates and Associates and Associates and Associates and Associates and Associates and As
Not applicable A 1999 FLORIDA COLORADO A NA CONSUMIDADE DE MARCELLO DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE CONSUMIDADE DE C	Not applicable . _________

6. Addresses

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

	Name		Address
See section 6 of Annexure A
Morris Patte No Signature	the product of the control of the second control of	For and on behalf of	ALLIED PROPERTIES INVESTMENTS (I) COMPANY LIMITED
			ournoumances material contract the material of the series of the series of the series of the series of the pri	capacity	Director

date

sign here

DIRECTIONS

$(1)$ If there are a number of substantial holders with similar or related 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 annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• $(4)$ The voting shares of a company constitute one class unless divided into separate classes.
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $(6)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ of any document setting out the terms of any relevant agreement, 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 $(b)$ securities to which the relevant interest relates (indicating clearly the particular 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, $(7)$ become entitied to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included on any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

$(8)$ 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".

$(9)$ Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

$(2)$ See the definition of "associate" in section 9 of the Corporations Act 2001,

Annexure "A"

Form 604 Notice of Change of Interests of Substantial Holder

Mount Gibson Iron Limited ACN 008 670 817

This Annexure "A" of 3 pages referred to in the Form 604 (Notice of Change of Interests of Substantial Holder), signed by me and dated 16 October 2018.

ALLED PROPERTIES INVESTMENTS (1) COMPANY LIMITED

Signed: Kelvin Lam Kam Wing

$\mathbf{1}$ Details of substantial holder

Substantial holder (Allied Group)

Allied Properties Investments (1) Company Limited (being a wholly owned subsidiary of APOL)

Allied Properties Overseas Limited (APOL) (being a wholly owned subsidiary of APHKL)

Allied Properties (H.K.) Limited (APHKL) (being a subsidiary of AGL)

Allied Group Limited (AGL) (being a subsidiary of Lee and Lee Trust)

Lee and Lee Trust (trustees: Lee Seng Hui, Lee Su Hwei and Lee Seng Huang)

$2.$ Previous and present voting power

Class of securities (4) Revious notice Search And		[ Person's votes [ Voting power (5) [ Person's votes [ Voting power (5)	Present notice
Fully paid ordinary shares (Shares)	353,043,237	32.20% (Based on 1,096,562,516 Shares on issue)	374,926,081	33.23% (Based on 1,128,369,730 Shares on issue)

$3.$ Changes in relevant interest

Date of A Change	Calwhose relevant Interest: changed.	A Person Mature of change (6) 1999 - San Andrew Marie March (1999), president all	Consideration Class and Person's $\rightarrow$ given in relation $\rightarrow$ number of $\rightarrow$ votes. $\cup$ to change ${T}$ is a septimies a laffected	Meneciecy	AND AND AND A
15/10/2018	Allied Group	Issue of 11.205.740 Shares to Fortune Desire Investments Limited, a subsidiary of APAC Resources Limited (APAC), by Mount Gibson Iron Limited under the Dividend Reinvestment Plan for final dividend in respect of the full financial year ended on 30 June 2018.	Reinvestment of dividend at an issue price of \$0.484 per Share	11,205,740 Shares	11,205,740

Date of :change:	Person whose relevant interest changed	Nature of change (6) 이 가족들은 사람이 아무리 아무리 사람이 있다.	Consideration given in relation to change $(7)$ .	Class and number of securities affected	Person's votes affected
15/10/2018	Allied Group	Issue of 10,677,104 Shares to APAC Resources Investments Limited, a subsidiary of APAC, by Mount Gibson Iron Limited under the Dividend Reinvestment Plan for final dividend in respect of the full financial year ended on 30 June 2018.	Reinvestment of dividend at an issue price of \$0.484 per Share	10,677,104 Shares	10,677,104

4. Present relevant interests

Holder of relevant interest ®	Registered holder of. securities	Person entitled to be registered as holder (8).	Nature of relevant interest (6)	Class and number of Securities	Person's votes
Allied Group	Sun Hung Kai Investment Services Ltd	Fortune Desire Investments Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which Fortune Desire Investments Limited has a relevant interest. Any change of interests held by Fortune Desire Investments Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	191,991,689 Shares	191,991,689
Allied Group	APAC Resources Investments Limited	APAC Resources Investments Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which APAC Resources Investments Limited has a relevant interest. Any change of interests held by APAC Resources Investments Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	182,934,392 Shares	182,934,392

$\mathcal{L}^{\mathcal{A}}$

5. Change in association

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

$6.$ Addresses

Name and the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the state of the s	Address and the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of the company of
Allied Properties Investments (1) Company Limited	Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Allied Properties Overseas Limited	Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Allied Properties (H.K.) Limited	22nd Floor, Allied Kajima Building. 138 Gloucester Road, Wanchai, Hong Kong
Allied Group Limited	22nd Floor, Allied Kajima Building. 138 Gloucester Road, Wanchai, Hong Kong
Lee and Lee Trust	24th Floor, Allied Kajima Building. 138 Gloucester Road, Wanchai, Hong Kong