MERAFE RESOURCES LIMITED - Fourth Quarter 2014 Ferrochrome Price Announcement

Fourth Quarter 2014 Ferrochrome Price Announcement

Merafe Resources Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/003452/06)
JSE share code: MRF
ISIN: ZAE000060000
(“the Company”)


Fourth quarter 2014 ferrochrome price announcement

Shareholders of the Company are advised that the European benchmark ferrochrome price has been settled at
115USc per pound for the fourth quarter of 2014, a decrease of 3% from the 119USc per pound price in the third
quarter of 2014.

23 September 2014
Sandton

Sponsor:
Merrill Lynch South Africa Proprietary Limited

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