Change in substantial holding
Friday 28 Nov 2008

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FORM 604 I
Corporations Act 2001 (
Section 671B (
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Notice of change of interests of substantial holder l
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Ig Company Nameischerne Lihir Gold Limited I
ACNIARSN 069 803 998 I
1. Details of substantial holder(1)
Name Merrill Lynch & Co., Inc.
ACN/ARSN (if applicable)

There was a change in the interests ofthe substantial holder on 20-Nov-08
The previous notice was given to the company on 18-Jun-OS
The previous notice was dated 24-Jun-08
2. Previous and present voting power L
The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had j
a relevant interest (3) in when last required, and when now required, to give a substantial holding notice tothe company or scheme, are as follows: .
Class of Previous Notice Present Notice
securities (4) Person's votes (5) Voting power (6) Person's votes (5) Voting power (6) g
Ordinary ,
Shares 241,234,944 11.02% 217,921556 9.96% (I
3. Changes in relevant interests
Faniculars of each change in, or change in the nature of a relevant inlerst ofthe substantial holder or an associate in voting securities ofthe company or I
scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows.
Person whose (
relevant interest Consideration given in Securities Person’s votes I-_
Date of change charged Nature of change (6) relation to change (7) Class of securities affected affected ;
Merrill Lynch '
Appendix 1 International Stock borrow and Loan Appendix 1 Ordinary Shares -14229,554 -14,229,554 t
Prime Broker with
rehypothecation right I
pursuant to Prime l
Brokerage agreement
Merrill Lynch (see relevant clause
Appendix 1 International below)* Ordinary Shares 54.348 54,348
Merrill Lynch ;
(Australia) Futures ·
Appendix 1 Ltd Market Transactions Appendix 1 Ordinary Shares 575,727 575,727 ;
Merrill Lynch ‘
International I
Appendix 1 (Australia) Ltd Collateral Received Appendix 1 Ordinary Shares -3,470,476 -3,470,476
Appendix 1 BIackRock Group Market Transactions Appendix 1 Ordinary Shares -6,987,883 -6,987,883 ?
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12.9 The customer hereby consents (without any further notice, consent or reference) to lvlLl from time to time utilising any securities lor MLl's own purposes
and for its own benent on the terms specined in this Clause 12.9 (including, for the avoidance of doubt, the retention of any prullt generated as a result ol such §
utilisation) ........ i
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4. Present relevant interests 2
Particulars of each relevant interest ofthe substantial holder in voting securities arterthe change are as follows:
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Holder of
. relevant Registered holder Persons entitled to be Nature of relevant
interest of securities registered as holder (8) interest (6) Class of securities Securities Person's votes
Benencial Owner
Merrill Lynch & Deemed Interest (Deemed interest from
Co Inc. from Associates N/A it's associates) Ordinary Shares 211921,656 217,921,65G
Merrill Lynch Merrill Lynch
International International Benencial Owner Benencial Owner Ordinary Shares 404,076 404,076
Prime Broker with
rehypothecation right
Merrill Lynch Merrill Lynch pursuant to Prime
International International Brokerage agreement. Benencial Owner Ordinary Shares 54,348 54.348
Merrill Lynch Merrill Lynch
(Australia) (Australia) Futures Merrill Lynch (Australia)
Futures Ltd Ltd Futures Ltd Benencial Owner Ordinary Shares 1,041,986 1,041,986
Merrill Lynch Merrill Lynch Merrill Lynch
International International International (Australia)
(Australia) Ltd (Australia) Limited Limited Benencial Owner Ordinary Shares 2,260,144 2,260,144
BlackRock
Group Various Custodians N/A Investment Manager Ordinary Shares 213,416552 212%,416,552
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5. Changes in association
The persons who have become assciates (2) of, ceased to be associates oi, or changed the nature oftneir association (9) with, the substantial holder in
relation to voting interests in the company or scheme are as follows:
Name and ACN/ARSN (if
applicable) Nature of association


6. Addresses
The addresses or persons named in this lorm are as lollowsz
Name Address
Merrill Lynch & Co Inc, 4 World Financial Center, North Tower, 250 Vesey Street, New York, New York 10281
Merrill Lynch International Merrill Lynch Financial Centre, 2 King Edward Street, London EC1A 1HQ
Merrill Lynch (Australia) Futures Ltd Level 38, Govenor Phillip Tower, 1 Farrer Place, Sydney 2000
Merrill Lynch International
(Australia) Ltd Level 38, Governor Phillip Tower, 1 Farrer Place, Sydney 2000
BlackRock Group 4 World Financial Center, North Tower, 250 Vesey Street, New York, New York 10281

*This report is submitted on the basis of our present understanding of Asics current policy on reporting by Prime Brokers
Signature i
print name Michael Horrax capacity Attorney-in-fact
sign here _ M5 date
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Transaction History Appendix 1 1
Period: 18 June 2008 to 20 Nov 2008 l
V LIHIR GOLD LTD PORT MORESBY (ISIN: PG000s914ss1/ sE¤0L: 6518596)
Merrill Lynch International
18/06/2008 Received 1,064,689.13 3.24 AUD 328,152 _
18/06/2008 Received 393,676.34 2.84 USD 138,381
18/06/2008 Received 317,632.88 2.84 USD 111,651 .
18/06/2008 Received 1,971,496.88 2.84 USD 693,000 e
18/06/2008 Received 140,821.20 2.84 USD 49,500 E
18/06/2008 Received 1,850,083.38 2.84 USD 650,322
18/06/2008 Delivered 59,290.65 3.33 AUD 17,805 =
. 18/06/2008 Delivered 648,710.19 3.22 USD 201,195 ·
19/06/2008 Received 213,180.00 3.23 USD 66,000 e
19/06/2008 Delivered 224,400.00 3.40 USD 66,000 ·
20/06/2008 Delivered 2,220,000.00 1.85 EUR 1,200,000
20/06/2008 Delivered 1,850,000.00 1.85 EUR 1 ...