• Embrace of the Leviathan
• Item Level 226Disenchants into:
  [Abyss Crystal]: 1-2
• Binds when picked up
  
• Cloth
• Waist
• 177 Armor
• +63 Stamina
  +64 Intellect
  +62 Spirit
• Durability 35 / 35
• Requires Level 80
• Equip: Improves haste rating by 49.
  Equip: Increases spell power by 99.
• 
• Sell Price: 4 58 64

Source

This item drops from the Flame Leviathan in the 25-man version of Ulduar.

Patch changes

• Patch 3.1.0 (14-Apr-2009): Added. 
  

External links

• Battle.net (EU)
• Wowhead
• Thottbot
• WoWDB