ORA BANDA MINING LTD — Major Shareholding Notification 2012

Jul 8, 2012

Territory Resources Limited

23 Ventnor Avenue, West Perth WA 6005 Telephone: +61 8 9483 5100 Facsimile: +61 8 9483 5111

9 July 2012

The Manager Company Announcements Office ASX Limited

By fax: 1300 135 638

Dear Sir

Swan Gold Mining Limited (ASX: SWA) Notice of ceasing to be a substantial holder from Territory Resources Limited

Please find attached a Form 605, 'Notice of ceasing to be a substantial holder', for Territory Resources Limited's shareholding in Swan Gold Mining Limited.

Yours faithfully

Patrick McCole Company Secretary

Form 605 Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme	Swan Gold Mining Limited
ACN/ARSN	100 038 266
1. Details of substantial holder (1)
Name	Territory Resources Limited and each entity listed in Annexure A
ACN/ARSN (If applicable)	100 552 118 and as shown in Annexure A
The holder ceased to be a
substantial holder on	3/7/2012
The previous notice was given to the company on	5/5/2008
The previous notice was dated	5/5/2008

2. Changes In relevant Interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) 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 (4)	Consideration given in relation to change $(5)$	Class (6) and number of securities affected	Person's votes affected
3/7/2012	Territory _imited and lGold Ptv Ltd	Completion of sale of lall ordinary shares in Swan Gold Mining Limited owned by Resources Territory Gold Pty Territory Ltd, a wholly-owned subsidiary of Territory Resources Limited. to DCM DECOmetal lGmbH	\$87,332.96	$[39,849,657$ ordinary $]_{39,849,657}$ Ishares

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

_________ Name and ACN/ARSN applic. . table	Natur association	---------------------------------------
N/A	--------------------------------------	_________

4. Addresses

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

Name	_________ ---------------------------- Address ---------------------------------------
	ferritory Resources Limited and each entity listed in Annexure Ground Floor, 23 Ventnor Avenue, West Perth WA 6005

Signature

print name Patrick McCole

4-

sign here

$9/7/2012$

Company Secretary

capacity

date

14597787

DIRECTIONS

• 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 ann $(1)$ is clearly set out in paragraph 4 of the form.
• $(2)$ See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.
• See the definition of "associate" in section 9 of the Corporations Act 2001. $(3)$
• $(4)$ Include details of:
• $(a)$ any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy 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 contrying 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 which the relevant interest relates (indicating clearly the $(b)$

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

• $(5)$ Details of the consideration must include any and all benefits, moneys and other, that any person from whom a relevant interest was acquired has, or may, become entitled 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 of 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.
• $(6)$ The voting shares of a company constitute one class unless divided into separate classes.
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice, $(7)$

ANNEXURE A

This is Annexure A of 1 page referred to in 'Form 605 -- Notice of ceasing to be a substantial holder' signed by me and dated 9 July 2012

$\bar{z}$

Patrick McCole

Company Secretary
Company Secretary
Territory Resources Limited (ACN 100 552 118)

Related bodies corporate of Territory Resources Limited (ACN 100 552 118)

Territory Iron Pty Ltd (ACN 125 984 401)
Territory Manganese Pty Ltd (ACN 125 322 992)
Territory Uranium Pty Ltd (ACN 125 301 466)
Territory Gold Pty Ltd (ACN 125 323 122)
Territory Chromite Pty Ltd (ACN 125 31 2267)
Terri