FCR - Ferrum Crescent Limited - Issue of Shares

FCR - Ferrum Crescent Limited - Issue of Shares                                 
FERRUM CRESCENT LIMITED                                                         
(Previously Washington Resources Limited)                                       
(Incorporated and registered in Australia and registered as an external company 
in the Republic of South Africa)                                                
(Registration number A.C.N. 097 532 137)                                        
(External company registration number 2011/116305/10)                           
Share code on the ASX: FCR                                                      
Share code on AIM: FCR                                                          
Share code on the JSE: FCR ISIN: AU000000FCR2                                   
("Ferrum Crescent" or "the company" or "the group")                             
ISSUE OF SHARES                                                                 
Ferrum Crescent Limited announces that the Company has today issued 150,000     
ordinary shares under the Ferrum Crescent Share Plan to certain of its          
employees. Accordingly, application has been made for 150,000 shares to be      
admitted to trading on the Johannesburg Stock Exchange with immediate effect.   
Following admission the Company will have 298,841,705 fully paid ordinary shares
on issue.                                                                       
For more information, please visit www.ferrumcrescent.com or contact:           
Australia and Company enquiries:                                                
Ferrum Crescent Limited                                                         
Ed Nealon T: +61 8 9380 9653                                                    
Executive Chairman                                                              
Robert Hair -T: + 61 414 926 302                                                
Managing Director                                                               
UK enquiries:                                                                   
Ocean Equities Limited (Broker)                                                 
Guy Wilkes  T: +44 (0)20 7786 4370                                              
Ambrian Partners Limited (Nominated Adviser)                                    
Richard Morrison T: +44 (0) 20 7634 4700                                        
Jen Boorer T: +44 (0) 20 7634 4859                                              
Newgate Threadneedle                                                            
Laurence Read/Beth Harris T: +44(0)20 7653 9855                                 
South Africa enquiries:                                                         
Sasfin Capital                                                                  
Leonard Eiser/Sarah Williams T+27 11 809 7500                                   
Canada                                                                          
24 February 2012                                                                
Sponsor                                                                         
Sasfin Capital                                                                  
(a division of Sasfin Bank Limited)                                             
Date: 24/02/2012 09:00:03 Supplied by www.sharenet.co.za                     
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