• The Lifebinder
• Item Level 232Disenchants into:
  [Abyss Crystal]: 1-2
• Binds when picked up
  
• Staff
• Two-Hand
  
• Speed 2.10
• 231 - 428 Damage
• (156.8 damage per second)
• +120 Stamina
  +121 Intellect
  +80 Spirit
• Durability 120 / 120
• Requires Level 80
• Equip: Improves haste rating by 120.
  Equip: Increases spell power by 550.
• 
• Sell Price: 29 49 10

Source

This item can be found inside Freya's Gift after defeating Freya 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