MINDAX LIMITED — Major Shareholding Notification 2009

Mar 30, 2009

603 page 1/2 15 July 2001

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme : Mindax Limited (ASX code: MDX)

ACN/ARSN: 106 866 442

1. Details of substantial holder (1)

Name : Jupiter Mines Limited

ACN/ARSN (if applicable): 105 991 740

The holder became a substantial holder on: 30/3/09

2. Details of 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)

Class ofsecurities	Previousnotice		PresentNotice
	Person’svotes	Voting Power	Person’s votes	Voting Power
Fully paid ordinaryshares	0	0%	13,183,579	10.21%
Total ofsubstantial holderand associates	0	0%	13,183,579	10.21%

had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant	Class and number of securities
	interest (7)
Jupiter Mines Limited	Shareholder	13,183,579 Ordinary

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number
interest	securities	registered as holder (8)	of securities
Jupiter Mines Limited	Jupiter Mines Limited	Jupiter Mines Limited	13,183,579 Ordinary

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

		Consideration
Holder of relevant	Date of	(9)		Class and Number
interest	acquisition	Cash	Non-cash	ofsecurities
			Pursuant to the
			transaction outlined in
			the explanatory
			memorandum attached
			to the JMS Notice of
			Meeting held on 9
Jupiter Mines Limited	30/3/09		March 2009.	13,183,579

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if Nature of association applicable) Nil

7. Addresses

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

Name	Address
Jupiter Mines Limited	Suite 2, Level 16, 19 Bligh Street Sydney NSW 2000

Signature

Print name

Capacity

Robert Benussi

==> picture [100 x 61] intentionally omitted <==

sign here

Company Secretary

Date: 31/3 /2009