FERRUM CRESCENT LIMITED - AAI payment update

AAI payment update

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")




AAI SECOND PAYMENT UPDATE

Ferrum Crescent Limited, the ASX, AIM and JSE quoted iron ore developer in northern South
Africa, today announces an update on the investment agreement signed with Anvwar Asian
Investment (AAI) from Oman.

Under its agreement with Ferrum Crescent entered into on 16 March 2014, AAI was to make a
second payment to the Group by 30 April 2014. AAI has failed to make this payment.

AAI has requested a delay of the payment till 26 May 2014.

Ferrum Crescent has been in discussion with AAI and is taking advice on the matter.




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

Tom Revy T: +61 8 9380 9653
Managing Director

UK enquiries:

Pareto Securities Ltd (Broker)
Guy Wilkes T: +44 (0) 20 7786 4370
RFC Ambrian Limited (Nominated Adviser)
Sarah Wharry/James Biddle
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

8 May 2014

Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

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