TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:

MINERA IRL LTD

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

x

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation:

MACQUARIE GROUP LIMITED

4. Full name of shareholder(s)  (if different from 3.):

MACQUARIE BANK LIMITED

5. Date of the transaction and date onwhich the threshold is crossed orreached:

5 December 2012

6. Date on which issuer notified:

7 December 2012

7. Threshold(s) that is/are crossed orreached:

10%

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

JE00B1HNYF12

3,360,048

3,360,048

3,360,048

3,360,048

0

2.03%

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

WARRANTS

Tranche 1

Tranche 2

Tranche 3

Tranche 4

USD 1.08

USD 1.08

USD 1.08

USD 1.07

31 December 2014

6 November 2012 - 31 December 2014

13,932,156

Nominal

Delta

8.40%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

17,292,204

10.43%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

MACQUARIE BANK LIMITED IS A MAJOR SHAREHOLDER IN MINERA IRL LTD.

MACQUARIE BANK LIMITED IS A WHOLLY-OWNED SUBSIDIARY OF MACQUARIE BH PTY LTD.

MACQUARIE BH PTY LTD IS A WHOLLY-OWNED SUBSIDIARY OF MACQUARIE GROUP LIMITED.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Johanna Ashby

15. Contact telephone number:

+44 203 037 4339