Changes to Directors' Interests 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: AU000000WRL8 15 May 2015 Ferrum Crescent Limited ("Ferrum Crescent", the "Company" or the "Group")(ASX: FCR, AIM: FCR, JSE: FCR) Changes to Directors’ Interests Ferrum Crescent, the ASX, AIM and JSE Limited (“JSE”) quoted iron ore developer announces it was notified of the following changes to directors’ interests on 13 May 2015: - 500,000 fully paid ordinary shares that were previously issued under the Ferrum Crescent Share Plan (the “Plan”) to Ed Nealon were sold on market for A$0.013 per share on 12 May 2015, such sale being required under the terms of the Plan. Mr Nealon now holds 600,000 fully paid ordinary shares pursuant to the Plan and 25,641,557 fully paid ordinary shares; and - 400,000 fully paid ordinary shares that were previously issued under the Plan to Grant Button were sold on market for A$0.013 per share on 12 May 2015, such sale being required under the terms of the Plan. Mr Button who now holds 500,000 fully paid ordinary shares pursuant to the Plan and 1,638,423 fully paid ordinary shares, as well as 3,217,877 fully paid ordinary shares (held as trustee for the Wilberforce Trust). Accordingly, as a result of the sale of the Plan shares, the relevant Directors of Ferrum Crescent are now interested in the following shares: Director Shareholding % of Share Capital Ed Nealon 32,670,999 6.30 Grant Button 5,356,300 1.03 For more information on the Company, please visit the Ferrum Crescent website at www.ferrumcrescent.com or contact: Australia enquiries: UK enquiries: Ferrum Crescent Limited Ferrum Crescent Limited Tom Revy T: +61 8 9367 5681 Laurence Read (UK representative) Managing Director T: +44 7557672432 RFC Ambrian Limited (Nominated Adviser) Andrew Thomson/Oliver Morse T: +61 8 9480 2500 Beaufort Securities (Broker) Elliot Hance T: +44 (0)20 7382 8416 South Africa enquiries: JSE Sponsor Bravura Capital (Pty) Ltd Doné Hattingh T (direct): +27 11 459 5037 Date: 15/05/2015 09:29:00 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.