Iron Glen Limited Appoints Religare Capital Markets Plc For 2011 Listing On Aim

MEDIA RELEASE 26th October 2010

Iron Glen Appoints Religare Capital Markets plc to Facilitate 2011 Listing on Aim

Queensland based explorer Iron Glen Holdings Limited is pleased to announce the appointment of Religare Capital Markets plc (Religare Capital) as Iron Glen's London based Financial Advisors to guide and advise the Company in respect to its impending listing on London's Stock Exchange Alternative Investment Market (AIM). Iron Glen's listing on AIM is anticipated to occur in February/March 2011. Religare's role will be to ensure that Iron Glen complies with all AIM Flotation Rules and the additional ongoing AIM Regulations and Guidelines.

AIM is the London Stock Exchange's international market for smaller growing companies and the most successful growth market in the world. Since its launch in 1995, over 3,000 companies from across the globe have listed with AIM. In listing with AIM, Iron Glen hopes to raise additional capital to further develop its current and future work programs at its iron ore tenement in Queensland, and to increase the profile of Iron Glen Holdings Limited in both London and European based capital markets.

Religare Capital Markets plc is authorised and regulated by the Financial Service Authority and is a Member of the London Stock Exchange and the NASDAQ Dubai. Religare acts as a broker for companies traded on the main and AIM UK Markets, and a PLUS Markets Corporate Adviser.

In commenting on the appointment of Religare Capital Markets and the Company's impending listing on AIM, Patrick Griffiths, Executive Director of Iron Glen Holdings Limited, said,

"We look forward to working with Religare Capital in the further development of Iron Glen Holdings Limited. Religare's internationally respected reputation made the appointment a straightforward process. Working together with Religare will enable access to some of the world's largest capital markets, which will provide a significant advantage in enhancing Iron Glen's profile."

"In listing on the AIM, Iron Glen intends to further promote the Iron Glen Profile, whilst systematically increasing shareholders' value and the Company's liquidity."

For further information please contact:
Rod North,
Bourse Communications,
(03) 9510 8309 or
0408 670 706.

Further details about this company can be found at www.assob.com.au download 'ASSOB Code IGH' or at www.ironglen.com

SOURCE: Iron Glen Limited