TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

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

An event changing the breakdown of voting rights

x

Other (please specify):

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

MACQUARIE GROUP LIMITED

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

MACQUARIE BANK LIMITED

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

31 January 2014

6. Date on which issuer notified:

06 February 2014

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

12%, 11%.

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

JE00B1HNYF12

4,340,048

4,340,048

4,340,048

4,340,048

0

1.90

0

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

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 xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

WARRANTS

USD 1.06

31 December 2014

24 December 2012 - 31 December 2014

18,786,525

Nominal

Delta

8.21

Total (A+B+C)

Number of voting rights

Percentage of voting rights

23,126,573

10.10%

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

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