RNS Number : 1251H
  Cape Lambert Iron Ore Limited
  31 October 2008
   

    31 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 (31 October 2008) that Mr
Timothy Paul Turner, a non-executive Director of the Company, bought 150,000 ordinary shares on 30 October 2008 for the total consideration
of A$30,000. 

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

 Name            Options held   Ordinary shares held  % interest in issued share capital
 Timothy Turner  Nil            1,000,000*            0.20%

    *Mr Turner's interest in ordinary fully paid shares includes 980,000 Ordinary Shares, held by Timmarin Holdings Pty Ltd, on behalf of
the Timothy Paul Turner Family Trust and 10,000 held by Mrs Marianne Turner, Mr Turner's spouse.

    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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