Issue of shares to directors under the provisions of the Australian Corporations Act 2001 FERRUM CRESCENT 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", the "Company") ISSUE OF SHARES Further to the announcement on 2 October 2013, the Company has today issued a total of 3,386,844 fully paid ordinary shares to Mr Robert Hair (as to 480,769 shares) and Mr Ed Nealon (as to 2,906,075 shares) as the second tranche of a private placement totalling 48,000,000 ordinary shares at a price of GBP 0.0182 (AU$0.0315) per share to raise up to GBP 873,000 (AU$1.5 million) before the costs of the issue. As detailed in the announcement on 2 October 2013 the placement was conducted in two tranches, with the second tranche being subject to shareholder approval as both Mr Hair and Mr Nealon are Directors of the Company and hence related parties under the provisions of the Australian Corporations Act 2001. Following approval by shareholders at the Company’s Annual General Meeting of Shareholders held on 29 November 2013, the Company is pleased to advise that it has received a total of GBP 61,641 and has issued the shares accordingly. Furthermore, the Company has today received confirmation that a total of 2,150,000 unlisted options exercisable at AU$0.198 issued under the terms and conditions of the Ferrum Crescent Ltd Option Plan, have expired. 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 Bob Hair T: +61 414 926 302 Managing Director UK enquiries: Ocean Equities Limited (Broker) Guy Wilkes T: +44 (0) 20 7786 4370 RFC Ambrian Limited (Nominated Adviser) Sarah Wharry T: +44 (0) 20 3440 6800 Jen Boorer T: +44 (0) 20 3440 6800 Ferrum Crescent Limited Laurence Read (UK representative) T: +44 7557672432 South Africa enquiries: Sasfin Capital Leonard Eiser T: +27 11 809 7500 19 December 2013 Johannesburg Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 19/12/2013 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.