RNS Number : 5169G
  Cape Lambert Iron Ore Limited
  23 October 2008
   
    23 October 2008

    CAPE LAMBERT IRON ORE LIMITED

    DIRECTOR'S DEALING


    Cape Lambert Iron Ore Limited ("the Company") (ASX: CFE, AIM: CLIO) announces that it was notified today that Mr Antony William Paul
Sage, the Executive Chairman of the Company, transferred 1,111,710 ordinary shares on 20 October 2008 for the total consideration of
A$311,000 from Okewood Pty Ltd, a company in which Mr Sage has a relevant interest, to his superannuation fund.  

    Following the above transaction, Mr Sage's beneficial interest in the Company is as set out below:

 Name          Options held   Ordinary shares held  % interest in issued share capital
 Antony Sage   Nil            21,965,960*           4.34%

    *Mr Sage's interest in ordinary shares includes 21,615,960 ordinary shares held by EGAS Superannuation Fund in which Mr Sage has a
relevant interest, 100,000 ordinary shares in Xyno Pty Ltd, a company in which Mr Sage has a relevant interest and 250,000 shares held in PG
Partnership, of which Okewood Pty Ltd is a member, a company which Mr Sage has a relevant interest.

    For more information please contact:

 Cape Lambert Iron Ore Limited:
 Tony Sage                       +61 (0)8 93809555

 Australian Enquiries:
 Professional Public Relations
 David Tasker                    +61 (0)8 9388 0944

 UK Enquiries:
 Nominated Adviser:
 Grant Thornton UK LLP           +44 (0)20 7383 5100
 Fiona Owen

 AIM Broker:
 Collins Stewart Europe Limited
 Adrian Hadden                   +44 (0)20 7523 8353
 Oliver Quarmby                  +44 (0)20 7523 8354

 Conduit PR
 Jos Simson                      +44 (0)20 7429 6603
 Jane Stacy                      +44 (0)20 7429 6606

 Website:
 www.capelam.com.au


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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