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• 25 Institutions Participated in $100 Million Financing
• British Sulphur Scoping Study recognizes profit potential of $1.7 Billion per year based on $400 Tonne Phosphate
• Current Morrocan Phosphate averaging $400 Per Tonne
• 1.463 Billion Tonnes Phosphate at an Average Grade of 16.0% P2O5.
• Recenlty applied for AMEX listing

Legend International Holdings, Inc (OTCBB: LGDI) is a mining and agriculture resource development company. The Company is principally focused on developing its world class phosphate deposits in the Georgina Basin of Queensland, Australia. Legend controls a significant strategic portion (5.2 million acres) of the Georgina and McArthur River Basins in Australia's Queensland and Northern Territory, which are highly prospective for phosphate.

Legend's phosphate interests in the Georgina Basin in Queensland include Lady Annie, Lady Jane, D-Tree and Thorntonia. The total historic phosphate deposits reported on the Company’s landholdings by previous holders WMC Resources Limited (which is now part of the BHP), Broken Hill South Limited and International Minerals and Chemical Corp (later acquired by Mosaic) is 1.463 billion tonnes at an average grade of 16.0% P₂O₅.

Phosphate rock prices have increased substantially in the past 24 months due to increased world demand, improved diet in emerging economies (requiring more fertilizer – the primary use of phosphate rock) and shortage of good quality ore to meet increased world demand particularly in China, India and Latin America. In March 2008, it was reported that Moroccan export prices for rock phosphate for sales settling in the second quarter of 2008 had increased to US$350-400 per tonne FOB, reflecting. This being an increase of approximately 100% over the prices for the first quarter of 2008.

LGDI’s President and major shareholder is Joseph Gutnick. Mr Gutnick has been the Chairman and Chief Executive Officer of a number of publicly listed companies in Australia and the USA specializing in the mining sector since 1980. He was responsible for overseeing the discovery, development and operation of the world class Plutonic, Bronzewing and Jundee gold mines in Australia. Mr Gutnick was previously a Director of the World Gold Council. Mr Gutnick was awarded the prestigious Diggers award at the 1997 Diggers and Dealers Industry Awards.
A major U.S. hedge fund, Atticus Capital LP took a US$15million placement in the Company in December 2007.