SCIDEV LTD — Major Shareholding Notification 2006

May 10, 2006

MinterEllison

v w Ł $\boldsymbol{A}$

11 May 2006

AURORA PLACE 88 PHILLIP STREET SYDNEY GPO BOX 521 SYDNEY NSW 2001 AUSTRALIA DX 117 SYDNEY www.minterellison.com TELEPHONE +61 2 9921 8888 FACSIMILE +61 2 9921 8123

Robert Waring Company Secretary Intec Ltd Gordon Chiu Building, J01 Department of Chemical Engineering Maze Crescent University of Sydney NSW 2006

Dear Robert

Form 604

We attach a Form 604 on behalf of our client Orian Holding Corp. resulting from dilution of its holding as a result of the recent completion of Intec Ltd's Placement. There have been no disposals of shares by Orian Holding Corp.

Yours sincerely MINTER ELLISON

Sebastian Hempel Partner

Contact:

Sebastian Hempel Direct phone: +61 2 9921 4601 Direct fax: +61 2 9921 8226 Our reference: SKXF 20-4516731

enclosure

cc. ASX

Form 604 Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

ΙQ	Company Name/Scheme	Intec Limited
ACN/ARSN		001 150 849
1.	Details of substantial holder (1)
Name		Ivanhoe Mines Ltd. Group (see Annexure A)
ACN/ARSN (if applicable)		ARBN 075 217 097
There was a change in the interests of the substantial holder on		08/05/2006
The previous notice was given to the company on		11/06/2005
The previous notice was dated		10/05/2005

$2.$ 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) in when last required, and when now r

A MARA MARAGANA PER PERFETER PERFET Class of securities (4)	******* The contract of the total dealership of the contract and the contract ________ Previous notice		--------------------------------------- Present notice 100000000000000000000000000000000000000 ALL MINNENHALL AND APPROVEMENT
	3-A-4 54 55-A-4 554 5-5554 FS 1 FS-300 FEED Person's votes	. -------------------------------------- Voting power (5)	c erson's votes MANUFACTURERS PROPERTY	Voting power (5) MANUFACTURERS INTO A REPORT OF A REPORT AMERICAN AT REA
. 10.778855577 Ordinary Shares ---------------------------------------	54.141,586 ---------------------------------------	_____ and a solar source in the company of the property 12.81% of 422,576,400 --------------------------------------- ______	54,141,586 A BANK PA BANK PANAWAR AND ARCHITECT	11.12% of 486,925,979 ---------------------------------------

$\overline{3}$ . 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 οt change	relevant Person whose interest changed	Nature of change (6)	Consideration oiven in relation to change $(7)$	Class and of number securities affected	Person's votes affected
8/05/2006	$-0.00000000000000000000000000000000000$ Ltd. Mines Ivanhoe Group	.	--------------------------------------		Ivanhoe Mines Ltd. Group _________ .

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ٥l relevant interest	Registered holder securities	entitled to Person registered as bə holder (8)	Nature of relevant interest (6)	Class and ٥ŧ number securities .	Person's votes . .
Mines Ivanhoe Ltd. Group	Holding Orian Corp.			54.141.586 ordinarv shares	54.141.586 votes

Changes in association 5.

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:

PERMIT BETWEEN STREET CALLAGE TUTTING MANUFERRETTER . Name and ACN/ARSN (if applicable) ina ilaa ay samaysays A PARTAINATION Ad Md Put Furnitures	. -------------- Nature of association --- CALLING BOOTS FROM . ALLEN AND RESIDENTS --------------------------------------- ________ ----------- ---------------------------------------
N/A	IMPORTED AMARISTER ALCOHOL: UNITED -------------------------------------- --------------------------------------- danas de contrato MANUFACTURE --------------------------------------- ----------------

6. Addresses

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

HANNAHANT PRIME --------------------------------------- ----------- Name	-------------------------------------- ---------- -------------- ---------- ALENE MARINE TERRITORY Address ----------- distance community Address Manager ALCOHOL: 2010/2010
PERSONAL PROPERTY AND INCOME. _________ And he had been presented — in Mines Ltd. Group wanhoe "	MARGARETARE PERMITTED ALLAN MANAGEMENT MAGAZINE AND A PERSONAL PROPERTY see Annexure A
	,,,,,,, ,,,,,,,,,, HIMMARTS ALLEN BOLD FOR ----------- --------------------------------------- ALENDARY ROLLERY MARINE ENTERTAINMENT . . .

Signature

print name	Beverly A. Bartlett	capacity	Secretary
sign here	DAD-HOH	date	10/5/2006

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 $(1)$ 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 'associate' in section 9 of the Corporations Law. $(2)$
• See the definition of 'relevant interest' in sections 608 and 671B(7) of the Corporations Law. $(3)$
• 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. $(5)$
• $(6)$ Include details of:

any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a $(a)$ 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 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 Law.

• 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 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.
• 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'. ${8}$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

INTEC LIMITED ACN 001 150 849

This is Annexure A of 1 page referred to in Form 604, Notice of Change of Interests of Substantial Holder being the members of the Ivanhoe Mines Ltd. Group having a relevant interest in shares in Intec Limited under section 608 of the Corporations Act 2001.

Name	Address	Nature of relevant interest
Orian Holding Corp.	Suite 654 World Trade Canada 999 Centre, Vancouver, Place,	Intec shares of Holder in Limited
Ivanhoe Mines Ltd.	Canada Suite 654 World Trade Canada 999 Centre, Vancouver, Place, Canada	listed Canadian company controlling Orian Holding Corp.
Robert M. Friedland Goldamere Holdings (L) Ltd. Newstar Securities SRL	Suite House, Stevmar 202 Rockley, Christ Church Barbados	Shareholder - holds Majority 34.5% of Ivanhoe Mines Ltd.

.......................................

10 May 2006

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Date

Signed by: Beverly Bartlett Company Secretary Ivanhoe Mines Ltd.