MANDATORY NOTIFICATION OF TRADE - IGE RESOURCES AB

Mr Olle Johansson, member of the board of IGE
Resources AB, has on the 16th of December 2010 bought
1 000 000 (one million) shares in IGE Resources AB at
NOK 0.16 per share.

Following this purchase, Mr Olle Johansson owns 1 000
000 shares in IGE Resources AB.